{ "media_type": "text", "post_content": "Hi Fishes, my current CTC is 15L, YOE - 8, I've got an offer from a company X for 30L and my current company is trying to retain me by raising my CTC to 26L and an extra 4L retention bonus which comes with a 2 year lock in period, I also have ESOP benifit with my current company, which gives me additional 3 lakhs benifit on Feb 2022 if I stay with current company, every where in the internet it says accepting a counter offer is a career suicide, what should I do, pls suggest, thanks in advance!", "post_id": "61ab16cfc48a0e003230da7a", "reply_count": 13, "vote_count": 0, "bowl_id": "60f19b15fc523b002f774065", "bowl_name": "Tech India", "feed_type": "crowd" }

Hi Fishes, my current CTC is 15L, YOE - 8, I've got an offer from a company X for 30L and my current company is trying to retain me by raising my CTC to 26L and an extra 4L retention bonus which comes with a 2 year lock in period, I also have ESOP benifit with my current company, which gives me additional 3 lakhs benifit on Feb 2022 if I stay with current company, every where in the internet it says accepting a counter offer is a career suicide, what should I do, pls suggest, thanks in advance!

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It depends on X. If X is a good organisation wrt work life balance, career progression etc go with X.

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My current company fairs better compared to X with respect to wlb, so thats a plus as well

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Don't go ahead will the reviews. Situation is not same for everyone. You think what will be good for you. If you think ctc was only concern then no point of leaving current organization if any other issues then think again

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if CTC was your only concern then I would just stay put. Counter offers are used for this exact purpose if you'd like to stay

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I don't think staying on is career suicide. Why would that be the case? Do you like your current employer? If so, it sounds like their offer is solid and worth considering. At the end of the day, only you can make this decision.

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Don't listen to everything you hear on the internet. Showing loyalty does not always equal career suicide.

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can you share the name of your current company and the company whose offer you have?

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I'm kind of reluctant to share those details here as my peers also have accounts here, the least I could specify is that they are both product based companies and bigger organisations.

Thanks fishes for all your valuable feedback, after much thought, I've decided to stay with my current company, I've retracted my resignation, will update here how it went after few months.

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Hey May I know what is your role in current company. This Is for my understanding 😃

Switch... They are retaining you and it's a trap

Which kind of trap you are seeing here!

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