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Hi Fishes, Pls help,
YOE: 13 yrs
Cctc: 13 lpa
Have cleared HCL interview. Initially they offered 23 lpa (via proposed offer letter), but i requested to reconsider it for 25 lpa.
After 5 days, they sent final offer letter of 19 lpa (stating they can offer max 50% as per L4 approval).
Queries:
1. Is this normal or rare case, reducing the offer amount from what quoted initially?
2. Should I accept or negotiate?
I don't have any other offer as of now.
HCL Technologies
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You asked for bare min. In my view no point in switching for 11% hike & you should decline the offer unless u r desperate to leave. Another way is to use this offer to get better offers including retention from current employer. Say you have offer for 50% hike
Ask as per Market std. Do they give more hike to anyone switching after 10 years? What's ur yoe ?
Yoe 5.5 years, what would be std to ask? I asked them 30% and they told that this the max they can offer.
Yes, true. I want to move location due to family situation, that is why looking for change now (Kind of urgent). The hike what they giving I am expecting in Feb from current company appraisal. No use of asking from current employer.
What hike did you get when you moved six months back?
As per market std 30-40%