I am not getting any response on my posts..I'm feeling depressed due to my bad luck. I have only 1 month noticeperiod left & had only 1 offer in hand with 40CTC. Right now my current salary is too low which is 27LPA with 14 yrs of exp and working as Data scientist. I am getting very few interview calls. Not able to decide whether to join that 40CTC or need to withdraw my resignation. The problem with current offer is job in another location with 3mnts wfh option.
Please pour your suggestions!!!

likefunnyhelpfulupliftingsmart
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Weird world problem..how come even after getting 40 lacs you are still feeling depressed..if you keep comparing with few individuals only then there is no end to greed.. any offer where your CTC is 2 times of your workex years is above industry average..

likefunnyhelpfulupliftingsmart

Exactly, the issue is relocation. I was in the same situation so i can easily relate. Compare the cost of living in your current city and offered city, possibilities of family shifting and then decide. Also try negotiating with the current company if they can retain you with a better package. Also think about the kind of opportunities you and your family members will get if you shift to a new city. And don't loose hope, best offers usually come in the last days of np as you become an immediate joiner for which the whole industry is craving😊

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With 14 yoe I won't really be looking at ctc because I have a big transformation that's going to hit in soon.. whether I would remain completely technical or move into management and so the company which I choose will have to be a stable company that doesn't do frequent restructuring, has potential to upgrade itself to new techs and remain competitive in the industry, and if possible I would learn about the team/product and its revenue projection and its importance in the companies product lineup or offerings, etc.. and then decide.

All that said forget about ctc if work location is a problem I would say join prove that you are independent and you can talk to management in 6 months or something citing family situations they will definitely work out a plan.

Again on ctc its a decent one its neither too low nor too high as I know the industry. As in when a headwind comes they won't look at you as a liability.

All the best.

likehelpfulfunny

Thank you very much for the insightful reply.

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The problem here is your YoE and the role you are in.
For the same role, only funded startups and good product based companies can pay you more than 40-50 LPA.

Otherwise, try to go for a managerial position. That can justify YoE and your ask.
For an individual contributor, where small bunch of companies can offer more than 40-50 LPA.

Also, try the referral way to get a call from startups and product based companies.

Meanwhile me getting 1/6th of what he is offered, thinking, how blessed I am to have this while able to spend time with family and friends! I would suggest go ahead with the offer in hand than thinking much. You will not regret. Work for 3 months and negotiate for extending wfh for a year. Than switch if you're not comfortable in one and a half year. !

Which is the new company and the location and whats you current location. Because TCS started calling people to start wfo...

5 Years 27 LPA also in stress because i am in bangalore and wanna go back to my native Kolkata.

You will get more calls during your last 30 days, I understand hiring is on a lower side these days. But don't worry, wish you all the very best for the next set of opportunities. Worst case if you don't get any calls join the company with the offer you have in hand, even after joining keep trying until 3 months when you have wfh option, I am sure you would crack one in fours months, though i understand not a large set of companies would be ready to give 40l or more, if you see location as a constraint try to negotiate below 40 and see you might get one, don't settle for less than 35L

And here I am earning 14 lap at 7 yoe and enjoying to fullest 😂

Sir you are very lucky you have a good job. I am not able to get into data science only. So thank god for what ever you are getting.

The offers seriously not at all looks enticing for a data scientist.
I as a business and data analyst got a hike from 25 to 44 with yoe 10+.

I do not see a problem here . 40 lac is good enough money . Eventually you have to stop somewhere . If you do not want to take it then leave it and keep looking . Matter of fact is recession is around the corner and the lobs will be slashed .. so take what is there for you and sit back

Ae bhai, just look practically at us surviving in just 4 lpa..you should have a whole new appreciation for the life you are leading. As far as learning is concerned , it time for you to go in Zen Mode...perfection is what you can strive for...

Agr isse depression kehte hai toh mujhe bhi chahiye 😂

You have 14 yoe, you are experienced in your work as well as in life. I would suggest to start something new, your own. Own it. My assumption is you must have a pool of money considering your work ex and current salary. And if you are satisfied with what you are doing now and can happily manage the expenses, lifestyle don't rush behind packages, it's a rat race...until you are happy..could spend time with your loved ones...have enough for future...it's ENOUGH..
Live..love..rejoice.. it's not mandatory to be in the rat race....this doesn't mean to work on lower salary...it's just about personal choices...
You exercise yours..

40LPA is a good salary, just be sure that it is a stable big MNC who can afford to pay you this amount for like next 5-7 Years. And try to get into management and leadership roles if you do not want to get laid off because they can easily replace a 14 YOE techie with a 6-7 YOE techie with half of what they're giving you.
And since you're at the very risky stage of your career, as 14YOE is a lot, try to save as much as you can and do look for abroad opportunities because companies would be more than happy to send you abroad at a very below average package like 110-140K usd per annum.
Thankyou

Try same question on LinkedIn

Pp

Firstly congratulations

40 LPA is good offer. Don't get depressed update ur linkedin, naukri profiles. You should get call.

Also try referals from your friendsor well know. That always helps.

Hope you withdrew your resignation and you are doing good now without getting depressed everg second

Can you share your resume?

Joker

LMAO. Entertaining read on a Saturday morning

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