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Didn't you check with the recruiter initially on how much hike you are expecting and if they can offer that or not?
Is that something you asked for or PepsiCo offered? Usually at PepsiCo they offer between 38-42 LPA for ~10 YOE. Ask for more.
And how many years have you been in your current company? Usually companies offer such less percentage hikes in cases where the candidate has recently joined the current organization and is looking for a change immediately.
Not exactly right now pepsico have stopped giving big offers. And also if a particular project has good budget then we may get. Right now 10 yrs exp has around 32-35 all inclusive
Why do you even want to switch with such a meager hike?
yes, i felt the same. It is just that i work in healthcare domain and want to explore a different domain
Nope, it doesn't seem like a good choice