The 'job switch' hike isn't a wise decision anymore

The situation has changed. And the equation has too. If the past two years were all about throwing money to attract top talent, 2023 has seen a general sobering up of appraisals and job switch hikes.  In a strange turns of events, some employees are okay with taking a cut on their annual compensation in exchange for ‘stability’, in this highly volatile job market. I speak to Saaquib Dawoodani (Head of Talent, Revolut), Abha Khurana (People Success Lead, inFeedo), and Shashank B. (Writer + creative consultant, an international OTT giant) to understand the new math of careers. Which is more than just the numbers. The First Principles episode featuring Gaurav Munjal of Unacademy releases on 11th May. Subscribe to First Principles and get notified when a new episode drops:Apple Podcasts: https://podcasts.apple.com/in/podcast/first-principles/id1639125773Spotify: https://open.spotify.com/show/3Rou1kKH8CQYoDDaHavaw1?si=ca8662215b5c4a18Cost to Company is a careers and workplaces podcast from the The Ken’s newsroom. The Ken is India's first subscriber-only business journalism platform. Check out our deeply reported long-form stories, insightful newsletters, original podcasts and much more here: https://the-ken.com/?utm_source=website&utm_medium=podcasts&utm_campaign=podcast_epThis episode was written, hosted, and produced by Shreevar Chhotaria