PerkyNoodle
PerkyNoodle

Advice Needed

Which offer to choose. 6 years Experience Backend dev

Upstox Bangalore (36 fixed + 4 variable + unlisted esops worth 15 lakhs)
MMT Gurgaon ( 36 fixed + 4 variable + 10 lpa rsu)
627 votes-177505m left
4mo ago18K views
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SqueakyMuffin
SqueakyMuffin

Things you'll miss out if you don't come to Bangalore:

  1. Incredible weather

  2. Unbearable traffic

  3. Insensible rents and deposits. (50k for 2bhk + 6months rent as deposit, unless you want to travel 1hr each side in traffic)

  4. Good startup ecosystem.

  5. Cafe and meetup culture. Idk what's the scene in GGN but Blr has it sorted.

FuzzyNugget
FuzzyNugget

Ggn has a much better dining scene imo, meet-ups not so much. +1 on others

JazzyCoconut
JazzyCoconut

RSUs given are one time here or same worth of RSUs will be given each year?

PerkyNoodle
PerkyNoodle

vesting over 4 years. 25% each year for both the options.

SqueakyMuffin
SqueakyMuffin

FWIW, raising kids on single income at 36lpa is gonna be challenging. All my colleagues said it's manageable with dual income but sometimes they still cut corners. Way better in Gurgaon. RSUs over ESOPS.

However if you're single or dual income/no kids, and ready to hustle, those esops might be worth a lot more on IPO. Big gamble.

40lpa in gurgaon is the same as 55-60lpa in Bangalore easily.

SwirlyTaco
SwirlyTaco

My friend worked at MMT. According to him, MMT has a horrible culture, no work life balance and toxic managers.
And it's not project specific. It's a similar story more or less across the organisation.

PerkyDumpling
PerkyDumpling

I worked at mmt ggn. This is definitely not my feedback. which team was your friend in ?

What is rsu?

WigglyBanana
WigglyBanana

Restricted stock units, applies to public stocks

PerkyDumpling
PerkyDumpling

Which team at MMT ? MMT was my previous company. In my experience - they have awesome work culture. Great quality work. Decent hikes. And Great work life.

No idea about upstox. In no way MMT will be a bad choice. Only bad thing is their lunch caterer are not good.

Reason I left mmt? I was getting great hike.

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