If the market is looking for "immediate -30 days joiners", is it wise to resign from the current organization based on a below average(or average) offer - and then go offer shopping basis on that offer?


Would it be okay to take the resignation back, if I don't get a better offer during notice period?


Do companies pay/match offers if candidate is serving notice period?

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Your doubt is correct - its not wise ! The market is too uncertain ! Unless you have at least 1 offer, its not wise to resign - of course this is a risk averse opinion.

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always take atleast one offer and then resign

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