Please help. I have 2 offers
Citi corp 41lpa all fixed all inclusive AVP role

Mastercard 35lpa fixed+3.5 variable (100%paid)+8%nps+gratuity = 39.5lpa

I will be joining in September so i may get ~5% hike in mastercard and prorated bonus 90k and promotion to Lead in ~2 years

But citi there will be no hike in '23 and no promotion above AvP in coming years. Overall package is same just that Mcard they are keeping fixed less which will punch me in my next switch..

what should I choose. 9yoe

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

Go with Mastercard.. have they offered lead software position?

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Project both side are just ok....and similar
Citi is giving a monolithic extracting data from various tools like powerBi and showing on Ui

Mastercard says there project is ETL on merchant data...and then again visualise and play with that data.....not sure if this is also monolithic...

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I want to join Mastercard..only disappointment is low Fixed part and they are not matching ctc even after adding variable, when they are product and does tougher interview compared to Citi.

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True, but the things wont be that bad at the tech and mostly lower levels. They want to eliminate the non-productive top level management positions, who don’t work and just delegate the tasks ! So if you are in a project which has a long running vision and budgeted, you will be mostly safe.

Mastercard for following reasons

WLB
Job Security
NPS contribution is over and above CTC
Variable % is generally good and above 100%
You will be eligible for bonus on pro-rota .
Policies are friendly

Cons
There will be days where you will have to stretch.
No transportation
Insurance could have been better
Infrastructure not upto the mark .
2 days work from office


My vote goes for Mastercard
Also the CTC offered will be one of the highest ( top 1% ) for L7 .

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Curious to know if there is WLB, why does he have stretch? And infrastructure as in ? Office space is less or bad laptops provided?

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Now bloody mastercard recruiter "deliberately" delayed releasing offer and made joining on 3rd oct...that will make me lose this year bonus as well as hike.
So now offers are
Citi corp 41lpa all fixed all inclusive AVP role
Mastercard 35lpa fixed+8%nps+gratuity = 36.5lpa

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Historically they say double digit hikes consistently, but we hear that this year there can be lower hike.
I have joined Datat and services unit

helpful

If u want wlb then mastercard..All ppl here suggessting for mastercard but I think ppl here are all suggessting based on brand value.HR in mastercard talking advantage and they r offering less to the candidates.The real things which I heard is like thr is not much growth in mastercard ..learning wise..Heavy dependency on onshore guys..In india ppl doent have much authority to make a architectural change..Payment companies like VISA and american express r much better

Thnaks @citi 1 for providing this info.I think may be they r setting up thr team in magarpatta office

@citi guys, can you please tell how much % hike and bonus u received in prev few years?

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