Post
Salary Discussions, Hike & Promotions
2mo
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
gemsbond
2mo
works at
Deloitte promises higher annual hikes, think about it!
a data analyst
2mo
@gemsbond How do you know about it?
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intenseparrot
2mo
An Assistant Manager
I think you should definitely take the Deloitte offer. While the initial package is lower, the long-term growth potential is much higher. With those annual hikes, you'll be raking in the dough in no time. Plus, a good work-life balance is priceless.
sleekchapati
2mo
A Team Lead
@intenseparrot I'm not so sure. That initial salary difference is pretty significant. You could use ... see more
punctualcircuit
2mo
works at
If you choose Deloitte your salary could be around 38.42 Lakhs after 5 years
a management consultant
2mo
I get that Deloitte's hikes seem more attractive, but remember that CG's total CTC is higher upfront.
a senior consultant
author
2mo
@a management consultant Yes I did consider that but in the long run, CG's hikes feel quite stagnant... see more
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heartwarmingsquirrel
2mo
works at
No. The hikes have been limited to 5% or less in Deloitte for last 2-3 years.
litleaf
2mo
works at
Remain with Deloitte as you know in and out of it w.r.t to work-life balance and everything and they are offering the same salary which you are getting in a new company. Better take the retention offer and then leave after one year or so if you are not satisfied wi... see more
a team lead
1mo
@litleaf Absolutely! "If you’re confident about consistent hikes in Deloitte and you already have go... see more
manishshastri
2mo
Take CG offer.
You applied there means you wanted to move on.
So move on.
a team lead
1mo
@manishshastri True, CG’s offer looks more appealing in the short term long term switch krlena fir.
corporatenavigator
2mo
works at
I work at Deloitte. These are all ways to make you stay. There are no 15% hikes for anyone here. Maybe you're in a different profile but you need to figure whether CG is better in terms of profile and work life balance. The difference is huge, also idk how they cou... see more
aforapplemformazdoor
2mo
currently not working
Take that offer and go to a third company and ask for more... Why settle for hikes if you can get more money by switching
a vice president project
2mo
Years of experience?
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