Quote:
Originally Posted by Unregistered
This is not a good deal, unless you have a good increase on an annual package. People leave for 15% and above in the private sector based on base pay alone. Issue is that the variable bonus is uncertain. Civil service can at most match or give you abit more which is like your case.
You should be looking at 6k base a least for 5.5 years.
I am not from engineering but is around 8k overall package with 5 years experience.
So I need a 10k package to switch job.
If you dont think its a good offer, better to stay put. No point leaving with such increment.
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8k overall package means 8 x 12 annual salary package? Need 10k overall package means 25% already. Can see that you are very ambitious. You cannot expect over 10% jump everytime. It depends on industry, your previous job experience, new job compatibility, objective of changing job etc. It is quite naive to think to think each jump must get at least 15%.