Hi friends,

Currently working in a firm as a permanent employee with 24LPA. Got an offer from a company who is providing 52LPA for 1 year contractual position and they are saying if my performance is good the contract will be automatically renewed. Is it wise to switch for this contractual role. I have 9 YOE in automation. Have a big home loan to close so thinking different options

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52 is an amount worth taking risk. My 2 cents

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If you are confident of your skill, then jump. Even if they won't renew your contract, you can look for other opportunities. But have to be aware that not many companies will have similar requirements and paying beyond your current CTC - 52lpa. So you may have to settle for less.

Check if you are confident of your skills - if they r in demand
Location constraints or not - there might be good opportunities in different locations.

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Risk hai to Ishq hai Lala.
And you're into automation. You'll find a job,, even after an year. Amount is 2X.
Go for it !
Maybe also build a larger emergency fund with the extra money to safeguard against not having a job for 2-3 months extra.

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52 seems like a way huge offer than what you are currently earning and it's worth a try. In case your contract isn't renewed, you will always be able to find any other job Or perhaps your old company would also not shy away from taking you back

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Automation as in RPA?

Worked on automation using different tools yes current one is RPA

Go for it. Even if your contract is not renewed and you have to sit at home for 1yr while searching for another job. It won't make any difference bcz you already have 2 yrs worth of salary in 1.

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