CEO offers ₹28 LPA, candidate accepts; then asks ₹36 LPA days before joining. Internet calls it 'calculative and smart'

A recent incident involving Jasveer Singh, co-founder and CEO of KnotDating, has ignited discussions on social media about salary negotiations in the tech industry. Singh shared a post detailing how a job candidate, initially offered a salary of ₹28 lakh per annum (LPA), requested an increase to ₹36 LPA just days before their start date. This move has been characterized by some as 'calculative and smart', highlighting the evolving dynamics of hiring practices where candidates may leverage multiple offers to negotiate better pay. The situation reflects a broader trend in the tech sector, where candidates increasingly engage in 'offer shopping' to secure higher salaries. While some view this tactic as a savvy career move, others express concern over the implications for employers and the hiring process overall, leading to a heated debate among industry professionals. The incident not only sheds light on individual negotiation tactics but also raises questions about the fairness and transparency of salary discussions in a competitive job market, particularly as companies strive to attract top talent amidst a growing talent shortage.
Originally reported by LiveMint. Read original article
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