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Larsen & Toubro Infotech Hey Guys,
I have 2 offers, one from LTI and another from TIAA. Please suggest better option in terms of career growth, wlb and annual hikes. LTI -
Dont know which project I will be assigned to and TIAA is in BFSI domain Salary is almost same and profile is Business Analyst
Yoe - 8 years (5 years java developer and 3 years as BA) Larsen & Toubro Infotech Teachers Insurance and Annuity Association of America
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Unfortunately, once you say you are going to leave, it is almost always a bad decision to stay. Generally, within one year, either the person who stayed, or the people who kept them, are unhappy. I have heard of people leaving firms and going back to the old firm not long after if the fit wasn’t great, and for some reason, that seems to work out a little better. But deciding to stay on a counter offer rarely works out.
Take the money and trust your initial instincts. There’s only so much partners are going to do about the one partner - and 35k is a great increase that will follow you in your career / wage growth - young age wage growth is so important to build long term wealth.
Current firm will respect you more for sticking to your guns. They should have been on this before you were ready to leave.
^ this. I resigned last week and my firm also tried to convince me to stay . . . asked if they could do anything to keep me. I decided not to reopen the door I just decided to close because once you give your resignation, no matter what the firm offers you, they’ll generally stop seeing you through the same lens. They will always wonder what if you look elsewhere again. I strongly advise against staying.
Id be concerned about the increase in hours versus the salary increase. 350 hours is lifestyle changing.
My billable hours will increase by 350 hours, which worries me some as it relates to work life balance. I began looking due to concerns surrounding my professional development and concerns with a particular partner. I have been assured both issues will be resolved. Fighting with myself over what the right move is……….. any words of wisdom?
I’ve been in very similar situations. You need to ask yourself whether you think your current firm is making empty promises to keep you on board, or are they genuine about it.
The $ can easily be matched by your current firm, but things like not working for a particular partner can more difficult - but not entirely impossible.
If you can, ask for the arrangement to be set out in paper as well to give you some level comfort that your current firm will deliver.
Remember that 350 hours is tough particularly at big law. There is a huge difference between 2100 and 2450 hours, which is not worth the 35k pay bump. But it may be worth it if you feel you’re getting better experience on the new platform.