Evaluating an 8 LPA Job at Wipro vs. Long-Term Staying with Infosys
When faced with a decision as pivotal as whether to accept an 8 LPA job offer from Wipro or continue with your current role at Infosys, it's crucial to weigh several factors. This article delves into the considerations for both options, providing insights from various perspectives, including the current market trends and employee experiences.
Current Context
Currently, you have been working for 2 years at Infosys, earning an approximate package of 4.03 LPA ( Lakhs per annum) and recently received a 40 percent hike within the company, bringing your revised package to approximately 5.6 LPA. Additionally, you have an offer from Wipro for 8 LPA. With around 6 years of experience at Wipro, you are perhaps seeking new opportunities and exploring better career options.
Evaluating the Offers
The primary question here is, is an 8 LPA job at Wipro good for someone with your experience? To answer this, we need to look at several angles.
Salary Comparison
While Wipro is offering 8 LPA, it's important to compare this with your current package. After the 40 percent hike at Infosys, your in-hand salary is higher. According to most data, an 8 LPA offer at Wipro, while tempting, can still be considered lower in terms of absolute salary, as the going rate for a similar position often aligns more closely with your current adjusted package.
Skills and Expertise
Your experience at Infosys cannot be understated, especially with regards to digital skills that you bring to the table. Organizations like Infosys have a strong demand for these skills, and your experience might give you a competitive edge over newer employees. The 8 LPA offer at Wipro might not justify the potentially lower growth and limited scope for advancement.
Company Reputation and Growth Opportunities
While Wipro is a reputable company, Infosys has a pronounced advantage in terms of company culture, employee satisfaction, and career growth. Working with Infosys for more than two years has allowed you to settle into their system and gain in-depth knowledge of the company. In contrast, Wipro, despite being a top IT services company, may not provide the same level of stability and growth opportunities.
Opportunities in 90 Days
One perspective suggests that by accepting the Wipro offer and looking for better opportunities within 90 days, you could significantly improve your salary. However, this strategy comes with its own risks. Securing a new job during a short notice period can be challenging, especially given the current economic conditions. Moreover, jumping to a new company so soon after receiving a hike might be seen as unfounded job satisfaction and loyalty.
Long-Term Planning
It's important to weigh the long-term benefits of staying with Infosys versus switching companies. The rule of thumb is typically to maintain stability with one company for about two years before seeking fresh opportunities. This period allows you to understand the company's culture, develop a stable career path, and accumulate significant experience. Unless there's a compelling reason to leave, such as a significant improvement in compensation or a major change in your job responsibilities, it's usually advisable to stick with your current company for a while.
Conclusion
In conclusion, while an 8 LPA job at Wipro may seem attractive, it's worth considering the factors mentioned above before making a decision. If you feel that staying at Infosys for another year will provide you with better career growth and stability, it might be the wiser choice. Nevertheless, if you're confident that you can secure a better opportunity in 90 days and the Wipro offer aligns with your career goals, then taking the opportunity might be beneficial.
Keywords: Infosys, Wipro, salary hike, job offer, digital skills