I have an offer from splunk. The issue is last month I joined my current workplace with 29 LPA as a fixed CTC. Right now Splunk is offering 22 LPA as base, 10% bonus, 19 LPA as Long term cash award every year, and other benefits which makes my total CTC as 43 LPA. Not sure what to do? At one side I have a stable higher base pay job and on the other side a higher ctc and interesting job. Yoe: 3.4 years TC: 29 LPA #engineering #software #offer #splunk #career #india
What is 19 long term cash award.
I'll get $70,000 cash in the span of 3 years. After completing 1 year I'll get 33.3% of it, after that I'll get 8.32% every quarter.
It should be fine to leave the current org and join new. Worst case you can show these couple of months as break in employment.
Cool
What's the base?
Current 29 Offer 22
How did you apply to splunk ?
Splunk just got acquired by Cisco and the deal will be closing soon. Think about that
Yes, I've been talking to people at different levels in splunk. They've said chances are there for lay offs but the India team won't be affected that much.
OP, so you are one of those who will take offshored US job.
I completely understand how tough the current job market is in the US, and it can be disheartening to see jobs moving elsewhere. If I were in your shoes, I'd likely feel the same way. I genuinely hope things improve, and it's my sincere wish that company leaders realize the impact of layoffs and outsourcing on both employees and the organization's long-term health.
Anyone that tells you that you will be safe from Splunk layoffs is projecting their own uncertainty. The smart people at Splunk see the writing on the wall and have left / are interviewing.
Stay where you are.
How many interview rounds and what did they ask? Leetcode and system design?
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yoe?
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