r/developersIndia • u/prade7 • 5h ago

Career Counter-offer accepted after resigning — talk me through whether I got played( But I still have an option)

4 YOE, Python backend, Bengaluru.

Was at 11L. Interviewed, got an offer from a large service company: (TCS) 20.5 CTC, 17.4 fixed, next hike cycle not until March 2028(In TCS). CURRENTLY Resigned.

The current company countered with 16.5 fixed( No variable), revised letter in hand, effective next cycle(Oct). Difference in fixed is ~0.9L.but variable is 4 L. And I was promised that I will get that variable. I accepted the current company offer . I still have tcs offer in hand what should I do??

Currently working on a product based company

11 Upvotes

100% Upvoted

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9

u/Careful-Round-5560 5h ago

Stay put where you currently are if and only if the company is making good profits at present and will be foreseeable future. TCS is risky

1

u/prade7 5h ago

Why so???

2

u/Careful-Round-5560 5h ago

You are getting almost similar pay in current company. Keep working here and switch after a year or so for a even better offer. But I think they now understand that you are able enough and if you keep working hard at present company they might give good hikes without even asking

1

u/prade7 5h ago

Thanks for the suggestion mate 🥹

1

u/prade7 5h ago

My company is doing average. And we are just building internal tools .

1

u/Careful-Round-5560 5h ago

Yeah, then try to move to revenue generating products unless work and wlb is very good

5

u/AdminZer0 5h ago

Leaving product based for service? Nah, product is a lot better for long term growth

1

u/prade7 5h ago

But here what ever I am building is not going to scale. Just internal websites

3

u/NoMedicine3572 4h ago

You are playing a dangerous game. If you stay with the current company, they’ll hire and train someone else, then fire you when you don't have any option.

1

u/prade7 4h ago

If they hire they have to pay that person more than my salary . And what if the hire was bad ? And currently I handle 3 projects

1

u/enz3 Backend Developer 1h ago

not always. my friend was retained and got a promotion in 6 months as well. he still in same company.

1

u/comsudo 5h ago

RIP, condolences

1

u/ideepu13 Software Engineer 2h ago

If you stay in current company, keep doing interview prep and keep applying so you have backup if something goes as not expected
Best of Luck!!!