Is it risky to switch job in 2023? Please, need your suggestions on this.

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

No it’s not , it’s just speculation that it’s going to be recession in 2023 , I think it’s better to switch and keep your interview skills up next year

like

Switch or not, keeping you interview skills sharp is always a plus. Do that because thats the only thing in your control, I will say definitely switch if your companies stock is plummeting down by huge % , see Credit Suisse AG, for example.

According to me 23 will be a boom again !! We are already in recession it will pass by year end or 1st quarter

like

Also depends on your salary for yoe.
If you're getting 30lpa for 3yoe, if there are layoffs you might be one of the initial ones to go if there are any.

But even if fb , Google etc who have the best of the best can have layoffs anyone can. So literally you can't be certain about anything.

Main thing to keep in mind is, always be interview ready wherever you are until things calm down. Be confident in your skills and never be complacent even if you're not looking to jump.

like

Salary for yoe argument makes no sense btw :-)

like

Fear of loosing job is always in IT, it can be caused by anything,
Company looses project you loose job
So instead of that grow your skills learn and keep learning
If you have skills and value to company they will not loose you
Switch dont. Switch but have good grip at your skills and make yourself valuable to company

like

One of the recruitment member from @Accenture told me that yes there is recession and layoff may be happened but only to those who have faked in their resume or non performing resource.

like

I have always seen these faang companies doing mass layoff from time to time , it’s not anything new , it’s being hyped over the news nowadays…. Nothing extreme which we haven’t seen already will happen in 23 …

like

Yes risky in product based companies

Related Posts

I'm 29, female, have 4.8YOE in ITES. Current in Accenture Operations for a year and got promoted to 12.1 in September. I want to move to Accenture Strategies. What are the job roles I can chase and what skillset are required?

like

Partners, have you considered leaving this path to go into higher education/teaching?

like

I am an RN looking to get into the non-surgical cosmetic field (Esthetician). Any advice?

like

8.7 YOE , Joined wipro 4 months back with 26.5+1lac JB. Skills business analytics. My current project does not follow agile processes at all, very relaxed client. However what im worried is after 2 years would interviewers expect me to have handled a project all alone and acted as a product owner. Thats what i sense once i have 10 YOE, if i switch it would be 6th company, (2 years break due to MBA ofcourse)

like

How lucrative is Logistics in the government?

likefunny

Any tips on transitioning from a senior designer to ui/visual designer? Should I take a course? Study ux and ui even though I want to focus on UI?

like

Wipro Infosys

I have worked in BPS for around 8.5 years and have excellent command over Excel, I have been moved to IT project and have 3 years experience in it as functional consultant/Quality Analyst/SME/Business Analyst.

Now I want to switch because I feel I am under paid, so is it the right time to explore new opportunities or I should still stay with current organization for some more time.

like

Are there companies in the industry that will pay for employees to get their P&C or CPCU? Or even allow for hours during the work day to be designated towards them?

like

If you are indifferent between IB vs. MBB, should you let the strong suit of the b-school you go to decide which path to go down?

like

Hi All, Recently got an offer in Analytics consultant domain. Can anyone tell in brief how this organization in terms of learning and growth ? Also can you add info about the WLB of consultants ?

I currently work in hardware technical sales as a Senior Sales Engineer, OTE $110-120K with 1.5 YOE. Industrial automation equipment for a large player in the space. Software sales seems appealing due to remote work, more flexion, and higher pay comps.

Any advice on how I should start to structure/build my experience for a move? Anyone have similar experience in switching and have recommendations on companies I should target?

like

I’m a Medicaid Consultant for my state with 10 years of experience. My job entails policy and procedures, data analysis, training and working with local government entities and private providers. I want to break into the private sector (Consultation/Business) as the pay is much higher and I have a better chance getting promoted. I have a masters but it’s in psychology, I’m wondering if I should obtain an MBA or should I get certifications? Thoughts?

like

Who are the best recruitment companies to approach to get into IB/PE in London?

like

MBB South East Asia - What Consultant level offer to choose from (pros and cons by criteria please) - BCG KL Office and Bain BKK (or KL)?

Criterias I can think of - WLB, Money, Prestige/Exit, Office transfer (2 yrs later), faster path to Equity Partner, Projects (Quality Work/Impact), People (rather subjective one)

Please feel free to add more nuance than what I mentioned, thanks in advance!

like

Hi Fishes!!

Any advice on how to pivot from Software To IB domain?
How to get started?

Thanks in advance!

Can you explain me which ABAP certificate I must take up and what do all of these mean? I'm new to ABAP.

Post Photo
like

Hi all,
Just started my professional career 8 months back and started working as Product Analyst (writing requirements, making wireframes, prototypes - all the BA stuff).

Education Background - B.Com(H) and MBA in Finance. Don't have a tech background.

About the work - I'm getting to work on the new products and it is pretty exciting.

I would like to know some of the skills (for example on tech side I have started learning about APIs) which can help fastrack my growth? TIA!

like

Hey guys 👋🏼. I’m in a rotational program and debating between product management or a cybersecurity role (like in a SOC) after the program is over. Does anyone have any advice on choosing? And for people in those roles, do you have any pros and cons?

funny

Anyone working on Salesforce commerce cloud ? I m currently working on SAP commerce cloud(Hybris) and looking to looking SFCC. Anyone who can help/guide me as to how to go about it ? I have already taken Trailhead courses but they are at a very high level. TIA

like

Is there some comprehensive doc that maps MBB consulting levels to typical FAANG exits, types of groups etc? Or is this tribal knowledge?

likesmart

More Posts

Do you ever feel overqualified for the job? I’m a recent hire but those being hired around me are significantly less relevant experience and I feel I’m carry a brunt of the weight. How would you resolve this feeling or spread work around?

like

I started a new job and they use Copado. I supposed to create a user story but I am not sure how to go about doing this. Does anyone know of a good training video on creating user stories or Epics? I have been looking around on YouTube and I haven't seen anything that is really basic to get me started.

like

Rates discussion — anyone willing to share/compare consulting firm rates? Either here or in a DM.

like

How has COVID-19 impacted your company’s Boston location?

like

Anyone used a gig search site? If so, what was you’re experience?

like

Anybody moved to Dubai from London in consulting - would love to hear your thoughts in differences. Getting bored of London life here and curious of Dubai (visited a few months ago)

like

What's up with commercials nowadays? The ones I worked on back in the early 2000s were so much more creative. Maybe everyone is running out of ideas?

likefunny

I am still teaching remotely and very worried about returning to school. My students are young students with autism and masks and distancing are not possible.

like

as an analyst how do I network and maintain connections with external orgs (clients and more so buyers) after the deal has closed? I have their contacts of course but do I add them on LinkedIn after? Is is better to maintain connections w the junior team and how should I go about it w senior management? This is for general networking not that I’m trying to hop to a PE/other org immediately. TIA!

like

Anyone live in Vancouver, WA? I’m looking to move to WA but looking for alternatives to Seattle that will allow for less traffic + easier access to mountains and trails. Vancouver’s proximity to Portland seems like a good middle ground, but curious to hear everyone’s thoughts. Thanks!

like

Currently a SM at PwC making 190K and ~215K all in. What level roles / comp should I target in Industry? mba from top 15 school and 10+ you

like

Hi Fishes

Anybody here knows about NESS Technologies ? What kind of projects they have ? What is the WLB ? I have cleared all technical rounds and will be soon be having HR discussion. Also howw much can I negotiate fo Skill : .Net Full Stack, YOE: 6.

PS: Already have an offer of 17LPA.

like

What should be the salary of an operations manager (L6) at Amazon?

like

I got an offer in product company for 8.3lpa +1lpa JB in Mumbai. I'm from Chennai.
Cctc 3.6lpa, 1.5yoe. Should I join that product company or search for other companies in Chennai or Bangalore.

What should I mail to HR to revise my offer ?

like

When you suddenly get a pickle in your sandwich

Post Photo
likefunny

For people with >1 year in FDD, is there anything you would’ve done differently during your first year when it comes to overcoming this learning curve and getting up to speed.

like

Advisory group? Level? Location? Salary?

like

Partners, what's something you know now that you wish you knew when you were a Sr. Manager?

Does anyone have any suggestions for a good electronic standing desk for an apartment? Having trouble finding one that fits in small spaces

like

Additional Posts in Offer Negotiations

After bar raising interview at Mastercard, HR is saying my profile is on hold for a week. Does it mean they have rejected my profile? Mastercard

like

Hi fishes,
Last year I got an offer from tcs which I had accepted initially but did not join ultimately. I had notified the same to the recruiter over call and mail. It's been one year and I see all those details in the portal still exist and hence I am not able to apply the same. Can anyone tell when they will delete the old application.

note:- I know there are lots of other companies than tcs, just wanted to know for informational purpose.

like

Deloitte or Shell which is better ?

3 YOE

Data Engineer

like

Hi sharks, I am getting a offer from CGI (24LPA) and Airbus (21LPA). HR at airbus denied to match counter offer. Please suggest what should I choose?

like

Is it okay to ask the HR to match the offer just before 1 day of joining?
If yes then how to ask???
Please suggest

like

Dear Fishes .. Pls help to decide which one to join..
1)
UBS , Pune - 23.5 fixed
2) Capgemini - 26 (23.55 fixed )

CCTC - 17.35 Fixed
Tec - SAP
YOE - 8+
Still 50 days notice period remaining..
UBS Capgemini

like

Hi Dolphins 🙂
I am looking for a switch.
Role: Project Manager/Scrum Master/Agilist
YOE: 11.5
What should be my expected salary?

like

Average salary for DB2 dba with 7yrs experience Tcs

like

HCL 14.50 and 12 LPA fixed

Having counter offer with 16.75 LPA fixed+1 L variable

How much can i negotiate with HCL

YOE-4 Automation testing+manual

Suggestion please..

like

Hi Fishes, Need 11 likes to use the DM service. Can you guys please help?

like

Hello Fishes,

Recently, I joined a service based company with 26 CTC + buyout amount on 12th oct. I am about to receive my first salary. But yesterday I received an offer from a good product based company with 27 lpa. I told the product based company that I'm an immediate joiner. But now if I leave the current organisation without a 30 day notice period they will hold the salary + buyout amount. So it means 2 months salary loss. What should I do ? Absconding or salary loss?

like

Can someone pls refer me
1. Genpact
2. JPMC
3. Morgan stanley
4. Goldman sachs
5. HDFC Bank
6. Barclays
7. Wipro
8. Mastercard
9. Paypal
10. Deloitte
11. PWC
12. KPMG
13. ABB
14. CGI
15. State Street.

I have tried everything. I am not getting any calls. I am having experience of 1.5 Years in Treasury operation, Financial reporting, MIS reporting, Client servicing, operational finance, Analyst and little bit of Risk.

Pls help me if you can🙂

like

Hi fishes,

Stack: Java, Spring, Springboot
Yoe: 7.3
CCTC: 9.5

Offers: IBM & CTS - 18 LPA
Pipeline: BNP HR pending - how much can be asked?
Notice: 60 days left

What is the current market standard ctc for the yoe and stack?

Many thanks in advance!

like

Hi Everyone,

Does any work at Tata Technologies?
I recently got an offer but am confused about whether to join it or not? As technical team informed that it will be ultimately DevOps into Oracle on-prem application. Currently, in my Organization, I am working as a lead developer in the cloud application but the salary difference is too low.
Not sure what to do

like

I am already serving notice period with one offer but billennium team is delaying my final interview to next 30 days.
It fits my expectations, should I keep giving interviews or wait
As max I would get 1 or 2 lakhs more.