23F, got a better offer but my current company wants me to stay. Confused af, HELPP!
I'm 23F and I've been working at my current company for just over a year. My current CTC is 5.8 LPA, and I recently got an offer from another company for 8 LPA, which I was honestly pretty happy about.
The thing is, when I told my current company I was leaving, they started trying to retain me and offered me 7 LPA fixed starting this month. They're also saying that I'll get another increment in April and that I'll end up earning more than what the new company is offering.
But here's where I'm confused. I don't really know how much I should trust the April promise. I asked if they could confirm it over email, but that hasn't really worked out so far.
My senior, who's a Director, is telling me that the average appraisal here is around 15-20% at minimum and that I should stay. And honestly, I do feel like my current company has been better for my learning and career in some ways, so it's not like I hate working here.
On the other hand, the new company has bigger brands and could be a good opportunity too. I got this offer through a referral, which is making me feel even worse because I don't want to disappoint the person who referred me.
Now I'm just going back and forth between staying somewhere familiar with a better retention offer or taking the 8 LPA offer and moving on. I keep thinking what if I leave and regret it, or what if I stay and the April increment doesn't turn out the way they're saying?
This whole thing has been stressing me out so much that I've genuinely been struggling to sleep and focus on anything else.
What would you do in my situation? Would you stay for the potential April hike or take the confirmed offer and move on? Am I overthinking this?