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After 3.6 years is 16lpa a good salary?
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A year is long enough, I would put myself first and take the offers.
I don’t feel this is a dilemma.
If I were in your shoes, I would express myself along the lines of:
1) My disappointment at the bonus, if not already expressed.
2) I would interview for the other jobs and upon receipt of an offer, after establishing the onward company will appreciate me —
3) Cordially and honestly express the financial side matters a lot right now. However—
4) I might like to come work for them again in future, if they would have me, once I’ve developed further elsewhere. Since obviously from the compensation I don’t seem to be worth very much to them right now. So I wouldn’t want to burn bridges.
5) I hope you understand, thank you for the year I’ve had — good bye.
I believe we have to do what’s right for us all the time. We are so replaceable 🤷♀️
Ugh so sorry to hear this. I have to agree with everyone above. I would start looking for a new opportunity.
Are you able to use this offers to negotiate for a higher salary increase at your firm?
I would not do this. They misled you already, they will do it again. Not a healthy environment.
Sorry, that's awful. They didn't tell you how much of a bonus you'd get?
So you’re being paid way less than market, especially if you’re working 50+ hours, plus your merit is based on base, you’re missing the compounding impact of higher base -> higher merit at the potential new place.
It seems like you know you should leave. If they know they can keep taking you for granted they will. I understand, leaving is tough but sometimes it has to happen.
Early in my career I had a great opportunity for that point where I learned a lot but they expected lots of hours and kept piling on more tasks and the company was taking advantage, small raises and bs title inflation with “promises” that when my boss retired I’d step in (he was 50 by the way so wasn’t happening soon) I was there almost 4 years. I left for 25% increase and the owners guilt tripped me on my way out saying new company would go under, etc. In <2 years old place was sold. Not how it works out every time but people are generally looking out for themselves.