I am currently receiving a package of 25 LPA at PwC. Recently, I have received two external offers with packages of 29 LPA and 31 LPA. The PwC director contacted me to discuss retention and expressed a strong desire to retain me at all costs. However, when I inquired about matching or exceeding the offers, she was unable to provide a clear commitment but mentioned that if you trust me, I will definitely help. Could you please provide some insights into the retention policy.

PwC PwC India PwC Acceleration Centers

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Usually leadership says that to everyone so DO NOT fall for the trap and don't withdraw your resignation until you get anything in writing from them (verbal counter offers are worthless)

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Never believe your boss and never love your company
Got a better pay then leave ASAP
no further overthinking

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Never generalise that everyone will do the same. I'm someone's boss and I would never do such a thing. Even I resigned back in 2020 and my boss matched my exact package and I stayed. Till now, I've never faced any such discriminations. This year I resigned again and same boss told that I can't match the package, so I'm leaving now.

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Don’t stay. They perhaps would not have been able to find your replacement yet. They will let you go once they have a replacement ready. Even if you stay they would know you’re a flight risk.

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I think you should leave. If they are saying they want to retain you at any cost why they are hesitant to match the package. Usually leadership tries to retain good performers, however rarely they get an approval to match the exact package.

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