Seeking Your Valuable Inputs My Compensation Dilemma - CiteHR
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Dear all,

Hope you all are doing well. Thanks for all your inputs on this site which are of great help to me & many others.
However i would appreciate your kind help in below dilemma of mine:

I have passed out from a renowned business school & pursued my PG in HR. I have 2 yrs of exp in HR with a reputed & oldest Indian business house.My CTC was 4 lacs + pa. I have left the company 2 months before without finding a new job coz of career growth, internal politics & relocation - to some other city without any location specific allowance or city specific allowance.

Though I am pretty confident of finding a new job, my query is i am unable to find one coz many companies are thinking my CTC is more than what my exp is & i was selected by almost 3-4 companies but when the question of CTC came they were unable to take it forward or ask me to work in lesser CTC than what i was getting which i did not find worth doing.

I am seeking your help & suggestions on below things :

1) Should i compromise on CTC & work in lesser CTC or same CTC?
2) What will be the impact on my future jobs if i compromise on CTC?
3) Should i compromise on my designation if required?
4) What i did was correct/wrong from your individual point of view?

Thanking you in anticipation for your suggestions & Appreciate your time reading this.

Dear PPAT8686,

1. It all depends on how you look at the matter. If the job that is being offered to you is challenging and promises the career growth you are looking for, in my opinion it may not be a bad idea to compromise on CTC at the time of your joining. However, over the first couple of years you can prove your worth and the company will certainly consider this aspect and reward you with appropriate CTC.

But before joining the organisation you need to discreetly find out what are the pay increases offered by the company each year. Is it structured or is it performance based. If it is performance based then you can certainly look for such company.

2. Ultimately the last drawn wage in the company will only be reflected in the employment history (for future jobs) and nobody goes into the detail of what CTC was paid to you at the time of joining the organisation.

3.Compromising on your designation in my opinion will be bad this is because, in the employment history it may appear that you are going one step backward. But if the organisation in which you are joining is a huge company then this will not matter because, in smaller companies getting fancy designations will not be a problem but when you move into corporates designations matter a lot.

4. In my opinion the decision taken by you to quit employment without a job on hand was a rash decision and was neither logical nor rational.

M.V.KANNAN

Dear Mr Kannan,
I really thank you from the bottom of my heart for an instant & honest reply to my query.
I understand that my decession to quit was not correct but sir, please tell me is it worth working in an org compromising your self respect, having duplication of work, no job security due to recent merger & most importantly no job clarity & career planing for individuals like me?
Thanks

i do agree with kannanmv
i just want to tell you that never compromise in life
but i even want to tell you that compare your requirements
means you want higher salary than you were getting or you are looking for good profile
so all is depends on you not on my perception or anybody others
so decide that thing & go for it

Hi,
I think every decision in life depends on the priority of the person.
There are few who want to join only when they have the exact compensation what they are expecting however the other one will join based on the sitaution and profile.
If you ask my personal comment then I think do not waste time and join if the profile is good.I am sure somone who is capable will be able to prove worth very soon.However if time of unemployment increases then it becomes a problem.
Go and join there are better things waiting for you in future do not waste your time & talent.

Dear ppat8686,
I do agree it will be like working in hell when you do not have the right organisational climate. But eventually quitting an employment and having a break in service will be difficult for you to explain in your career history.
This was the reason why I made such a statement in my earlier posting.
However, things have happened, now look forward for a good company and put your best foot forward.
In the event I have offended you in any manner due apologies.
All the very best.
M.V.KANNAN

Dear Pratik, Pritha Thanks a tone for your suggestions. I agree to you. Dear Mr Kannan, You have’nt offended me in any manner. Infact special thanks to you for your candid opinion.
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