People jump ship all the time to get a better pay bump. I am happy with my current company but I want a back up plan in case this "temporary busy period" becomes permanent. Any suggestions on the art to find another job when you aren't in a desperate need for one? Should I follow through with interviews and then politely decline if my circumstance improves at my current company?

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Looking while you’re not desperate is the best time to do it! It keeps your interview skills sharp and you can absolutely go till the end of the process (as long as the company and pay aren’t bad at first look, then it’s a waste of time) and decline an offer if it’s not something amazing.

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Exactly. This is just business and companies screw over candidates and employees orders of magnitude more than the other way around. You owe no company your loyalty (especially one you don’t even work for!), as companies are never loyal, so look after your best interests.
There are things I would consider to be in a grey area ethically in this context (trying to renegotiate a signed offer, leaving right after joining because your dream company that you’ve been waiting for gave you an offer), but this is not one of them.

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Follow through until you get an offer if you’re interested

likesmart

Also, there’s no guarantee that the new place won’t be just as busy; you won’t actually know until you’re there (jumping out of the frying pan and into the fire kind of thing). But, if there’s a pay bump, then worth it? What I am saying long-windedly is that you will have to make a decision based on limited information, be aware of “the grass is always greener” mindset (one of my old coworkers used to say, The grass is brown everywhere); but, jumping is usually the only way to get a salary bump; and if the new place turns out to be worse, then that situation need not be permanent either

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Yeah, this is a great point. I was promised my promotion is in progress so plan to negotiate that salary bump. So that is the other factor I am weighing out. If I don't get the necessary salary bump to match the dedication and work I'm putting in, I would like a back up plan in motion.

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Hi Folks,
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My Profile : SAP SD
YoE: 8 Yes 10months
Offer Holding:
TCS
Role: Assistant Consultant
Package: 15.5Lac + Variable(QVA+Monthly)
Joining Bonus: 60K

Capgemini
Role: Manager
Package: 16.5Lac + 10% Variable
Joining Bonus: 1Lac
Please suggest as I’ve only few days left to decide.

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likesmart

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