I got my H1b transfer approved to another employer and now my current employer is retaining me. Do I have any problem with my current employer from visa perspective? Does my current employer need to file an amendment? What if prospective employer revokes new H1b approval?

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No impact. Both are independent petitions.

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J1 & J2 together make about 200k although there is no room for growth in either but WLB is amazing (< 10hrs per week). Stuck contemplating if I should abandon overemploy to chase promotions seeing that I could eventually get to my current salary with my job. Just feeling a little stuck over all. I know many consultants most likely make more. Any one else feel this way or have any thoughts? I was thinking of looking for a different J1 and slowly try to climb up if possible.

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