I got a verbal offer from jpmc for about 30 fixed and 12% variable ~ 33.5.

My current CTC is 23 and i am due promotion next month expected ctc 28 in current org. Beside i will have to forefeit 5 lac bonus in current org and move to expensive rental area.

Does the move make sense? Whether quoted 12% bonus provided at year end. I asked for joining bonus they outright denied. Are there any other factors at jpmc that i should consider.

Kindly help.

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Posting as :
works at
You are currently posting as works at

Are you from Airbus!? You can then take this offer and negotiate at the end of your np?

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Total YOE and tech stack ?

Payment Product Management
6yoe

Ask for at least 50% hike, with 6 yoe 34lpa base should be norm, don't trust on quoted bonus that's not mentioned in the offer letter. If HR doesn't budge best to accept whatever they are offering and find more offers using that one

.
I tried 3 times to negotiate with HR but they shot me down. I asked for 40lpa but it didnt seem to have a affect on them.

Thanks for input and suggestion. Will keep looking jpmc offer as leverage then.

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Author - Many congratulations 🎉.
Since you are already confirmed to be Promoted, are you certain the package would move from 23 to 28, which is more than 20%. If yes, go for it. You deserve this and not many get a chance to enjoy promotion. After sometime, definitely you would find much more numbers , and even JP might come back and review the numbers.

Yeah, for me the push was someone who was in my shoes, at one point we thought we will take paycut to get out of the current org. But currently that wasnt the case.

I actually felt to give all my best in the new role and the learning in the new role without thinking about the job security and the finances

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