The Current scenario of high attrition rates and job shift by taking multiple offers has been caused by a resource crunch in the market. However I have a feeling that this particular scenario of shifting jobs by way of multiple offers and getting high salary is creating a bubble in the market which will burst causing a ripple effect of lay offs due to cost saving efforts by organisations in the near future. In a scenario like this how can one change the job by avoiding the bubble?

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Switch on maximum 40 percent hike on current ctc and not on max offer. That will shield from any potential bubble effect.

Ok in that case there is a bubble brewing which all job seekers are ignoring or willing to take the risk? Or am I exaggerating and missing any point?.
By the way that is sound advice thank you.. it makes sense🙂

Shifting to some well known product based as their team would most likely to be on a smaller scale owing to their pwn products.

In case of service based, there is always the question of “what will happen once the current project is over?”. In this scenario I would say Product based takes precedence.

Also, keep upskilling on the latest techs whenever we can so that there is always some value in the market.

Upskilling to help you get a new job is what I meant.

There will always be a demand in the market for newer technologies. So when your current organisation plans to cut you off, you just need to be ready to take on a role/tech (even if you are less exposed to it) that is in demand in your domain.

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