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R12 · Part 4 · The offer

HR & the number

The technical rounds decide whether you get an offer. This round decides what is in it. Treat it with the same seriousness, because an hour here is worth more per minute than any other hour in the process.

9 questions15 follow-ups4 traps13 min read
Length
15–30 min
Who
HR business partner
Decides
What is actually on your offer letter
Fail mode
Accepting in the room

Everything open, top to bottom.

10On this page
  1. What each headline number actually pays you
  2. What band should you expect from each type of company?
  3. What are your salary expectations?
  4. That is above our band. What is the minimum you would accept?
  5. They push back: "that is a very high expectation for your experience."
  6. We can offer you X. Can you confirm today?
  7. Five things to check before you sign anything
  8. Does the number change if the job is in Pune, Hyderabad or NCR?
  9. Your current company counter-offers.
  10. The rest of the HR round, and what to have on your phone
The thing to work out before you say any number

Find your real monthly in-hand and compare every offer against that, never against your CTC. The worked example running through this round is a candidate on ₹12 lakh fixed, paid entirely in hand with no variable and no PF — ₹1,00,000 a month of real cash. Put your own monthly figure in its place and every line below still holds; only the percentages move.

Almost no Bangalore offer is structured that cleanly. A typical package hides ten to twenty percent of the headline in variable pay, employer PF and gratuity accrual, and income tax comes off what is left. For the example candidate a "₹16 lakh" offer pays roughly ₹1,00,100 a month — a thirty percent hike on paper and no change at all in practice.

R12.1

What each headline number actually pays you

What they are really testingNothing — this is the table to memorise before you walk in.

Offered CTCMonthly in handvs ₹1,00,000Verdict for the example
₹16 LPA≈ ₹1,00,1000%reject a thirty percent hike on paper that pays the same
₹18 LPA≈ ₹1,11,200+11%reject less than staying put and taking an appraisal
₹20 LPA≈ ₹1,22,200+22%floor only for a company you badly want
₹22 LPA≈ ₹1,32,600+33%accept a real move
₹24 LPA≈ ₹1,43,000+43%target say this number out loud
₹26 LPA≈ ₹1,52,900+53%anchor where you open
₹28 LPA≈ ₹1,61,300+61%stretch reachable if two offers compete

Modelled on a standard Bangalore structure: 10% variable, basic at 40% of fixed, employer and employee PF at 12% of basic, gratuity accrual, new tax regime with the ₹75,000 standard deduction. If an offer is fully fixed with no variable, treat it as roughly one band higher — a fully fixed ₹22 lakh behaves like ₹24 lakh here. The middle column is the one to reuse: it does not depend on the example at all. Divide it by your own monthly in-hand and you have your version of the third column. Indicative, not exact; your real number depends on the specific structure.

Anchor · ₹26 lakh

The first number you say — about half again on the example's monthly in-hand. Never open at what you would accept.

Target · ₹24 lakh

Around forty percent more in hand. At six years with production architecture ownership that is defensible without flinching.

Walk away · ₹20 lakh

Around twenty percent. Below this the bigger job is not worth taking, and if it also means a move, the new rent eats the difference.

Those three are the example's numbers, not yours. Derive your own the same way and you will not have to think about it in the room: walk away at about twenty percent more monthly in-hand, target forty, open at fifty. The percentages are the part that travels.

How did you do?
R12.2

What band should you expect from each type of company?

What they are really testingWhere to spend your week.

TypeRealistic for youRead
Service & consulting
TCS, Infosys, Cognizant, LTIMindtree, Mphasis, Nagarro
₹15–19 LPAmostly below your floor The easiest walk-ins and the worst economics for anyone already on a clean fixed package, because a zero-deduction salary is worth more than their structure at the same headline. Practice and safety net, not a plan. Nagarro and Mphasis at the top of their band are the only realistic ones.
Agencies & studios₹16–21 LPAborderline Fast to close, two rounds, and your client-ownership story is their exact problem. Push hard for fully fixed here — many can do it, and that is worth a whole band.
Series A–C product startups₹20–28 LPAyour best market They pay for exactly what you have: someone who takes an empty repo to production and stays for the reliability. Harder loop, better money.
Mid-size product & SaaS
Freshworks, Zoho, Chargebee, Postman tier
₹22–30 LPAhighest ceiling Hardest loop — real DSA and a design round with a bar. Worth the seven-day prep. Do not walk into these cold on day one.
How did you do?
R12.3

What are your salary expectations?

What they are really testingWhether you anchor or get anchored.

Swap in your own two numbers — what you actually take home, and the target you derived from the table above — and then stop talking. The silence after a number is uncomfortable and the person who fills it loses. Practise this literally: say the number, close your mouth, and count to ten if you have to.

Say it like this

My current fixed is ₹12 lakh, and the important part is that it is entirely fixed and entirely in hand — no variable, no PF deduction, so I take home ₹1,00,000 every month. That is why I compare offers on monthly in-hand rather than CTC. For this role I am looking at ₹26 lakh, and I am flexible on how it is structured.

The answer that loses the room

Softening the number in the same breath — "₹26 lakh, but I'm negotiable, obviously it depends." You have just told them the real number is lower and invited them to find it. Be flexible on structure, out loud; be silent about flexibility on the total.

The same answer at three levels
2–3 years

The bar: a researched number, said once, without apologising for it.

“Based on what I have seen for this role and my experience, I am looking at around ₹9 lakh fixed. Is that within the range you have for this position?”

Why it passes here: The answer they do not want is “as per company standards” — it reads as no research and it invites the bottom of the band. You do not need a negotiation strategy yet; you need a number you can justify, and the discipline not to discount it in the next breath before anyone has pushed back.

5–7 years

The bar: ask their band first, then a specific number with its structure attached.

“Before I give you a number — what is the band you have budgeted for this role? … Right. I am at ₹12 lakh fixed today and I am looking for ₹26 lakh fixed, with whatever variable sits on top of that. That is based on what full-stack roles at this scope are paying in Bangalore now, rather than on a percentage of my current number, and I am firm on the fixed component because that is what my planning actually runs on.”

Why it lands: Asking their band first is the whole play — if their range starts above your number, speaking first costs you the difference permanently. Saying “fixed” out loud stops the offer coming back as a headline CTC padded with variable, a joining bonus and a retention component.

10+ years

The bar: talk about the level before the number, because the level is the band.

“The number follows the level, so let us do that first — what level is this role mapped to, and what would put a candidate at the one above it? … At that level the market is around ₹45 to ₹60 lakh total, and I would expect the upper half of it given the scope I am carrying. On structure I care more about base and the vesting schedule than about the headline: a back-loaded grant and an even one with the same paper value are several lakh apart in year one. Once we agree the level, the number is mostly arithmetic.”

Why this is the level above: At ten years you are not haggling, you are scoping the role — and the level moves the money far more than any negotiation ever will. Asking about vesting shape rather than the total is the tell that you have read an offer before and been surprised by one. R12·LV is the whole of this conversation.

They will push with
  1. Is that fixed or total?
  2. What is driving that number?
  3. Can you share your current payslip?
How did you do?
R12.4

That is above our band. What is the minimum you would accept?

What they are really testingWhether you will negotiate against yourself. Almost everyone does.

Never answer this with a number. It converts your floor into their ceiling in one sentence.

Say it like this

I would rather not put a floor on the table before I understand the full structure — the fixed and variable split changes what a number is worth quite a lot. What is the top of the band for this role? If it is genuinely below what works for me, I will tell you straight away rather than waste your team's rounds.

That last clause matters. Offering to disqualify yourself early is credible and generous, and it makes the refusal to name a floor read as efficiency rather than gamesmanship.

They will push with
  1. We cannot share bands.
  2. Would you consider ₹X?
How did you do?
R12.5

They push back: "that is a very high expectation for your experience."

What they are really testingWhether you can justify a number with reasoning rather than defend it with feeling.

This works because it moves the conversation from "what you want" to "arithmetic we can both check". It is very hard to argue with, and it does not require them to agree you are worth more — only that the maths is the maths.

Say it like this

I understand, and I would rather explain the reasoning than just hold a number. Because I have no deductions today, an ₹18 lakh offer with a variable component and PF actually lands me around ₹1.11 lakh a month — that is an eleven percent increase for a bigger job, which does not work. At ₹24 lakh the change makes sense for both of us. If the band caps below that, I would genuinely rather know now.

They will push with
  1. Where did you get those numbers?
  2. We could look at a joining bonus instead.
How did you do?
R12.6

We can offer you X. Can you confirm today?

What they are really testingUrgency pressure. Same-day acceptance is worth nothing to you and everything to them.

Never accept in the room, even when the number is good — especially when the number is good, because that is when they expect you to be too pleased to negotiate.

Then use those forty-eight hours: email every other live process saying you have an offer in hand with a deadline. That single email is the highest-return action in your entire job search. It is the difference between negotiating with words and negotiating with alternatives.

Say it like this

Thank you — that is a serious offer and I am genuinely interested. Could you send the written breakdown with the fixed and variable split? I will come back to you within forty-eight hours. I have one other process closing this week and I would rather give you a clean yes than a rushed one.

The answer that loses the room

An "exploding offer" that expires in 24 hours is a pressure tactic, and how a company behaves here is real information about how it behaves later. A company that will not give you two days to consider a multi-year decision is telling you something.

They will push with
  1. The offer is only valid until Friday.
  2. What would it take to close this today?
How did you do?
R12.7

Five things to check before you sign anything

What they are really testingThe details that turn a good headline into a bad job.

  1. Fixed versus variable, in writing. "₹24 lakh" with ₹6 lakh variable is an ₹18 lakh job with a bonus you might get.
  2. Was the variable actually paid last year, and at what percentage? Ask directly. A straight answer tells you a lot about the company; an evasive one tells you more.
  3. Joining bonus and its clawback period. Usually one year. It is real money but it is not salary — never let it be used to close a gap in fixed pay, because year two you are back to the lower number.
  4. Notice buyout. Ask them to reimburse it. Many will, it costs them almost nothing structurally, and it is the easiest concession in the whole negotiation.
  5. Equity, if a startup. Ask for three things: the strike price, the total outstanding shares (not just your count), and the last round's valuation. Without all three the number of options is meaningless. If they will not give you all three, value the equity at zero and negotiate on cash. Also ask about the cliff, the vesting schedule, and the exercise window after leaving.
2026 note

The tactic worth more than every script on this page: get two offers in the same week. Technique moves a number by maybe ten percent; a second live offer moves it by thirty. That is the real argument for walk-ins — do not treat them as one interview at a time, treat them as a compressed campaign where four processes land in the same seven days. Interview at the companies you want least on day one.

How did you do?
R12.8

Does the number change if the job is in Pune, Hyderabad or NCR?

What they are really testingWhether you know what you are anchoring to. Every figure in this round is a Bangalore figure.

Yes, and less than people think. The band follows the company, not the city — a Series B product company pays close to its own band wherever its office is. What moves is the floor: the same title at the same size of company sits a little lower outside Bangalore, and the number of companies bidding for you drops a lot.

Rough multipliers on a ₹26 lakh ask in Bangalore, for the same kind of company:

The answer that loses the room

Quoting your Bangalore figure to a Chennai company without checking, then discovering it is two bands above theirs and being screened out before anyone has met you. Ask the band first — R1 covers doing that on the screening call.

CitySame role, roughlyWhat actually differs
Bangalore₹26LThe most product companies, the most competing offers, the highest rent. Your leverage is that a second offer is easy to get here.
Hyderabad₹24–26LEffectively the same for product and global capability centres. Living cost is meaningfully lower, so take-home goes further.
NCR (Gurgaon, Noida)₹24–26LStrong for product and fintech. More service and agency noise in the pipeline to filter out.
Pune₹22–25LFewer product companies, more engineering centres of foreign firms. Slower processes, longer notice expectations.
Mumbai₹24–27LFintech and media pay well; rent eats the difference and then some.
Chennai₹20–24LThinner product market. The offers that do come are often from global centres and are worth taking seriously.

Two things that matter more than the multiplier. First, ask what a company\'s band is rather than what the city pays — the spread between two companies in one city is far wider than the spread between two cities. Second, if you are being hired remotely by a Bangalore company while living elsewhere, some will try to pay a location-adjusted number. That is negotiable and often just an opening position; the work is the same work.

They will push with
  1. Would you consider relocating for this?
  2. Is your expectation negotiable for a lower cost-of-living city?
  3. Would you take a remote role at a lower number?
How did you do?
R12.9

Your current company counter-offers.

What they are really testingNothing — they are not interviewing you any more. But this is where a resignation most often falls apart.

It usually arrives within a day of your resignation, it is usually 20–40% up, and it usually comes with a sentence about how much they value you. Take it seriously enough to think for a night, and then know what you are looking at.

  • Ask why the number was available yesterday and was not offered. Not out loud, necessarily. But if they could pay it all along and did not, that is the answer to your original question about whether to leave.
  • The structural reason you are leaving does not change. If it is that a client studio ends in handover and you want to own a product for years, a raise does not turn a studio into a product company. Write your own version of that sentence down before the counter arrives, because it is much harder to find under pressure.
  • You are now a flight risk on record. In a lot of places the counter buys them the time to plan around you, and the next cycle is quieter than it should be.
  • Consider it seriously only if what changes is the work — a different team, a product they are actually keeping, a scope they will put in writing. Money alone puts you here again in eight months, and you will have burned a process to get it.
Say it like this

I appreciate that, genuinely, and it is a good number. But the reason I looked was not the money — it is that I want to own a product past handover, and that is not something this role can give me. I would rather leave well than take a raise to stay in the same shape.

The answer that loses the room

Using the new offer to extract a counter you were always going to accept. Word travels in a small market, the new company withdraws, and you keep a raise and lose the option. If you would take the counter, do not run the process.

2026 note

The other direction is worth knowing too: telling the new company "my current employer counter-offered at X" occasionally moves their number, and occasionally makes them withdraw because it reads as leverage-shopping. Only do it if you would genuinely take the counter.

They will push with
  1. What would it take for you to stay?
  2. Is it only about money?
  3. Have you already signed?
How did you do?
R12.10

The rest of the HR round, and what to have on your phone

What they are really testingLogistics. Walk-ins ask for documents on the spot.

They will ask:

  • Confirm current CTC with payslips or Form 16.
  • Notice period, last working day, earliest joining date.
  • Are you holding other offers, and at what number? (You may decline to name the company; a range is fine.)
  • Background verification consent — employment, education, sometimes address.
  • Any gaps to explain?
  • Comfortable with the location and the five-day model?
  • What would make you turn this down?

Have on your phone before you walk in:

  • Last three payslips and your most recent Form 16.
  • Offer letters and relieving letters from previous employers.
  • Degree and diploma certificates as PDFs.
  • PAN and Aadhaar.
  • Six printed copies of your resume. Walk-ins run on paper and you will be asked for it three times in one building.

Finished this round?

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