JP Morgan HR called me and informed me that the package you are asking for around 60% is not approved and we cannot give that much. Offered me a 40% package with a 12% variable. HR said that if you say yes then only I will provide the offer else not. Is it worth accepting the offer. How is the promotion and growth happening in JPM?

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

The hike is not good compared to what I am getting in Oracle. RSUs value is more than the hike %
I am principal Test Engineer here and JPM is offering lower designation of Associate

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is it 602 position that they are offering?

It depends on ur current pay and yoe

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11.7yrs

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They said it's not possible to increase as budget is fixed and if I am not ok with the offer, I can decline it and they will revoke the offer

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Did you recieved the offer letter for me HR discussion happen and they said what number I gave is not approved and they are yet to comeback with me for discussion will they give me offer letter or they are also interviewing other candidate as well

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Yes got the offer letter

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Rejected the offer as I got a better counter offer

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What kind of assessment we can expect

I had 2 technical, one managerial and one HR round

Are you a QA or developer ?

When did they call you? I had interview a week back, got positive feedback but yet to get a confirmation, as its delayed due to Diwali. Also can you please share Current and Offered CTC?

Thank you for sharing details, it was helpful

YOE?

Personally I think you could have bargain for more, they could have pushed atleast 45-48%

Trust me if you are okay then go for the safe bet, but what i noticed that they do strech. Definitely that would need an approval again it depends alot of factors

Depending on the YOE IG that's a good hike. I would have accepted the offer, if I was at your place. Talking about the promotion cycle, it's Jan to Dec and anyone joining before September 30 will be eligible for an annual performance bonus. For CEO bonus u need to have one year at least in the org. Promotion criteria is 18 months that I know. Which designation u r joining at ?

Did you got the offer letter

What is CCTC. It depends on CCTC and what is the position being offered? 603?

Have u joined the org or rejected the offer

Which company you got offer and how much they offered

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