Need advice from people who’ve handled counter offers recently.

Have an offer from another big consulting firm with ~20%+ hike on fixed pay. Current company wants to retain me, but most of the increase is via retention bonus instead of fixed hike. I’ll also lose an upcoming year-end/performance bonus if I resign now.

Management says my current compensation is already high for my level.

What would you prioritize here: New company with better fixed pay or staying for YER bonus + retention pay ?

likesmart
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Are you fine with 20% hike? I guess overall if you consider 1 year period money wise you wouldn't lose anything in case you stay since you will get retention bonus and variable pay which will match or be more than inhand offer.
Maybe you can try again after a year.
In case you have other reasons as well for leaving then you should resign.

I was in a bit similar situation and I decided to stay. For me compensation was the only reason for resigning.I had no other issues. I was losing out on bonus(differenciating rating) , gratuity so I stayed back. They offered me hike and retention bonus so overall I got more than my inhand offer.

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Oh alright. Thanks

रिजाइन

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