Hi Fishes, Need suggestions as we can see the market right now should an individual resign in a company. Like I have been offered by Infosys for role of Senior Associate Consultant with CTC 15.7 but after 1 week got call from HR that they didn't got approval by management on this package so they have reduced it to 12.3 LPA saying that 'Recession in IT Domain'. Will job be safe to join at time like these ? What if in notice period they deny the offer ?Mindtree Tata Consultancy Accenture

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I you have made your mind go for it. The worst case you have to take back your resignation. You will definitely get 30-40% om current CTC.
I just feel market is not as good as 2 months ago , but it has not crashed. I just think hrs have started low balling people after some negative news about recession.
If people start accepting low offers, then also you will have some hike.
The problem is that in last 2 years the benchmarks have changed. Earlier, 30-40% hike on cctc was considered good. Now people are crying at 100%>

likesmart

Yes they may or they can resend your offer. So keep multiple offers for a safe side. Software industry is risky

Right now the market is good , just today I got an offer which is really a decent one . So please focus on other companies as I am an employee working in infosys is really awesome but once ur CTC crosses 10 LPA that’s it!!!!! All u have deductions like anything …PF deductions , variable pay 15percent and many more . So for u 12.3 means …in hand salary u will get around 65 to 70, so try other companies

The HR is trying to take undue advantage here! Look for some other offers

Tech stack and yoe?

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