I am in notice period and my current employer is told they will give me promotion but in other company they are giving me 120% hike including variables. For which one shall I go for ? Promotion or salary hike.

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Promotion usually means more responsibilities. If you're getting more money with less/same work, why this doubt?

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Never revoke resignation

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They won't keep up the promise. Secondly you cannot resign for next 6 months as you have revoked your papers.

Without knowing the current and new company it's difficult to say but based on the information you provided join new company as 120% is good hike. Once you put papers then don't think to take it back until very much needed.

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go for Hike (Other Company) ✔️

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Never revoke resignation it brings multiple issues at a later point in career.

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As I see, subsequent years hike will be minimal as they would have given you matching hike to retain.

This is just a tactic to make you wait and then torture.

Do one thing, ask your manager if he can give that in writing. If he gives it in writing that you are promoted or will be promoted then you may stay if you want however I believe you shouldn't stay.

You might have took this decision of moving out after analysing certain things, now don't back out. Just do it. Switch.

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No promotion can match even half of what you are getting outside. Leave. You can even get more.

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Just leave the current employer. Not one will value your worth until you slog but once you plan to leave, they will run behind. 120 is indeed great hike, go and join new organisation

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Once you put paper never ever revoke that

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Switch.

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Bhai life main Paisa hi kaam aata h.

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If with promotion they are matching the compensation as well then only you should have second thought else go for other company.
But personally I would suggest don't revoke resignation

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Go for Hike

You should switch

Go for a hike of course

Actually I am confused because they are giving me early promotion

Promotion gets you 15% that’s it depending on ur job level.

New company ofcourse. This is not even a fair comparison. A clear cut choice

Go with company offering 120% hike. You can even negotiate other offers based on this 120% so you can get even better package.

Just switch dude don't think of revoking.

New is always better

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