I am getting 70lac as CTC in my new role
I have total of 3.6 years of experience all as Data Engineer. 2.3 working at Sigmoid and 1.3 with Flipkart. I got promoted at both the organisation, means I am a high performing talent. I am getting 50L as a CTC from Flipkart, 21.5 is fixed, 2.15 is annual bonus and rest other are ESOP spreaded over 4 years. Flipkart is currently operating in hybrid model which means I had to shift to Bangalore this December.
In my new role at a startup which is acquired by Course Hero is offering 70l; 32l as fixed, 3.2l as annual bonus and rest other as RSUs spreaded over 4 years. It is work from anywhere.
Looking at the current market trend and my previous history, should I be little more greedy.
Your CTC is 35.2L - nothing more. ESOPs can only be counted once they vest.
Don’t fall for the trap of an inflated number just because they’re giving you the ESOP carrot.
That’s how how you calculate CTC Pottah
No developer or engineer deserves 70 lakh. Frankly, these roles are extremely overpaid and all founders know this. Now that VC money has dried up, salaries will stagnate for 2-3 yrs
Add to that, Elon Musk has shown with Twitter that you can just pressurise developers and squeeze 2-3x more from them and all VCs are pressurising founders with this example.
Lol
This sounds inappropriate, kya pata kon kab bolde 'unskilled' influenzas doesn't deserve 'millions?' that they make.
Your actual CTC is 35L, baki sab dekh lo
Nice flex