I am currently a newly promoted Senior Associate at PwC India in Risk Consulting (Fixed: ₹14.30L) with a counter-offer from my team hinting to match my offer to retain me.

Should I stay at the Big 4 as a Senior Associate if they match the pay, or is it strategically better for long-term growth to transition to a major Payments Bank as an Operational Risk Manager at (Fixed: ₹22.00L, Total CTC: ₹24.40L)?

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Naah. Not worth staying - they will change your salary next year. Idts they will just send you a fresh new salary letter like that.

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Noted

Could you please inform what is your tech stack and how much hike% you got on promotion if possible ?

Great.. If they retain you by matching the external offer, then in my opinion you may stay in PwC if you like your work and growth opportunities.

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