A Bengaluru-based tech professional has triggered discussion on social media after advising salaried employees to choose job stability at large companies over significant salary hikes offered by smaller firms.
In an Instagram video, Sunny Kumar argued that workers should think carefully before switching jobs in the current market environment, citing concerns about volatility in the technology sector.
Kumar shared the example of a friend who was employed at MasterCard in Pune and, according to him, had a satisfactory salary and work profile.
He said the friend later received an offer from a small consultancy that promised a 60 percent increase in compensation. While acknowledging that such an offer could be difficult to reject, Kumar said his friend accepted the proposal and left his previous employer.
According to Kumar, the consultancy lost the project for which his friend had been hired just six months after he joined. He said the employee was subsequently asked to resign or face termination and was eventually fired.
Techie urges caution amid market uncertainty
Using the incident as an example, Kumar advised employees to remain with established organisations even when presented with substantial salary increases elsewhere.
He said individuals with stable jobs, competitive salaries and positions at reputed companies should consider delaying a move for at least six months to a year, even if offered salary hikes ranging from 60 per cent to 100 per cent.
Kumar attributed his advice to what he described as the uncertain and volatile nature of the IT sector.
Social media users offer mixed reactions
The video attracted thousands of views and generated differing opinions among Instagram users.
Several commenters argued that employment at large companies does not guarantee protection from layoffs.
One user said no company is completely safe and claimed to have been laid off by HSBC earlier this month. Another commenter noted that major corporations have also been undergoing restructuring exercises, raising questions about the assumption that larger organisations provide greater security.
Others pointed out that layoffs can occur at both large and small firms, with one user remarking that the only difference in Kumar's example was that the employee would have earned a significantly higher salary during his time at the smaller company.
Another commenter argued that company size alone should not determine career decisions. The user suggested evaluating factors such as workforce size, revenue, profitability, future plans and investments in artificial intelligence before accepting a new role.
Disclaimer: This article is based on claims, statements, images, videos and other information shared by users on social media platforms. The ET.com has not independently verified the authenticity, accuracy or completeness of these claims unless expressly stated otherwise. The views, allegations and assertions contained in the social media content are those of the respective users and do not reflect the views of The ET.com. The publication bears no responsibility for the accuracy of such claims and readers are advised to exercise their own judgment and seek independent verification where necessary.