Good offer in the current market, but do make sure the role's expectations are set and clear.

Product Manager

My bad. Stocks 7 lacs a year. ~28 overall for 4 years

Growth Manager

Hi  Wanted to see if the offer is in line with what the market is offering.  It's a founders office role with a Series B company in Fintech.  YoE: 4.5 One of the 5 old IITs Based on the market cond...

Welcome to Business Roles's Private Community

Hi

Wanted to see if the offer is in line with what the market is offering.

It's a founders office role with a Series B company in Fintech. 
YoE: 4.5
One of the 5 old IITs
Based on the market conditions, does it look lucrative enough to join?
Fixed: 38
Variable:10% of fixed. With a possibility of 1.5x
Stocks: Roughly 25 lacs per year

Offer Validation

Offer Validation- Grapevine

Welcome to Software Engineers's Private Community

Current CTC :14.3 LPA (Hybrid)
Experience : 2.7 years 

Offered CTC : 20LPA 
From a high growth fintech startup 
(5days wfo )

Should I accept?

Offer in hand ( Should accept) ?

Software Developer

Welcome to Product Managers's Private Community

Hi everyone,

Recently I've been given an offer from a seed funded fintech startup. So I'm just wondering if it is fair enough. Please help

21L base + 1L ESOPs (vesting over 4 years)

YOE ~ 2 (Software engineer)

What should be my ideal ask?

Is this offer good enough?

Software Engineer

Welcome to Indian Startups's Private Community

Hi Grapeviners, 

I have an exp of exactly 2 years and i received an offer from a startup for analyst (level 1) at a cash component of ~ 20L (includes 10 % variable)  and ESOP worth 3 L. My current company had an all fixed comp at 15 LPA ( fully remote) but the new company is WFO at Bangalore. 

I am also giving interviews for two other companies parallelly but my LWD of my current company was yesterday. Should I go ahead with this offer? Overall it looks decent but it's definitely not a financial improvement for me as the hike will offset the living expenses and the 30% tax bracket. 

Need your take on this guys. Should I wait more? The current offer I cannot hold for more than a week before it expires.

Offer review

Business Analyst

I have 6 years experience. My current base/fixed is 60 LPA. (I also got a 5 lakh bonus and 5 lakh of my ESOPs vested this year making my total vested about 30 lakh. So the total comp is 70). 

I'm being offered a senior engineer position in an early stage startup (as part of the founding engineer team). They haven't given an offer yet.

Being early stage, the emphasis will most likely be on ESOPs. How do I evaluate this and set my expectations? (If I were to switch to a mature company, I believe the hikes usually are between 15-20%? How does this work for early stage startups?)

Salary expectation at early stage startup

What are the typical Founders office / EIR role CTC ( Cash + ESOPs) offered to someone with 3-4 years of experience. Pls mention company name as well. Let's make this thread a informative source for salaries in FO roles

Founders Office CTC

Startup 1:
28 fixed
2 jb
2 retention
2lakh esops vested over 2 years
Location: gurgaon, wfo

Startup 2:
28 fixed
2 retention
7.5 lakh esops vested over 4 years
Location: Bangalore, wfh initially, wfo after few months

Very unsure about which one to choose, the offers look very similar to me.
Startup 1 has a probation of 3 months as well.
Current TC: 23

Offer evaluation

Welcome to IT Company Discussion's Private Community

Need help in deciding how can I negotiate on the numbers.
Fixed- 32LPA
Stocks- 65000 usd over 4 years (13L for first year)
Joining- 3L
Relocation- 3L

Current TC- 40LPA fixed, 12lpa esops
(Fantasy sports company)

Other Offer in hand from a startup (sass b2b)
Fixed- 43.5LPA
Variable- 4.5LPA
Esops- 1Cr over 4 years

Received an offer from Microsoft

You should go for Microsoft even if it isn't optimal at the moment in terms of cash component. In the long run this will pay off by opening a lot more doors in tier1 and FAANG companies or you might get chance to also move onsite to US where you can earn a lot more. ESOPs have no value until the startups make an exit - where the odds are highly against you. Probability would be less than 1%. I've worked with multiple startups and learnt this the hard way. Also as you move up the levels, it gets increasingly more competitive to get into tier1 companies. So get into it while you can.. and think of long term than short term salary deficit. It will pay off..

Director Product

How much cash in the bank have you earned through ESOPs (not the value on paper)

It would be helpful if you could also mention the time period in which it was earned, the funding stage of the company when you joined and at what role did you join, yoe.

Evaluating an offer from a seed stage startup.

Earning through ESOP

Product Owner

I recently got offer from an early stage startup in banglore. They raised a total funding of $5.19M over 2 rounds.

My offer is 13 LPA + 1 lakh retention bonus
5k per month for commute and health insurance

I have past experience of 2 years working with 2 startups and building apps from scratch for them.

Honestly I'm really confused about this offer, it is for sure better than my previous offer but I'm not feeling satisfied.

Any suggestions guys?

Should I join?

Welcome to Data Scientists's Private Community

Data scientist at a small startup ,basr:16.35 all fixed
Current:7.44 base+2ljoining bonus(13th monht)+2.56lakh performance bonus (19th month)=12(for 1.5yrs)
Yoe:5months 
Isi it a good offer?

Data Scientist

Welcome to Office Gossip's Private Community

I recently cleared the interviews for a very well seed funded startup. I want to know how should I negotiate? HR has asked me to tell the expectations, how to benchmark it?

Also, how much ESOPs should I ask for? 

YOE-1.5

Salary Negotiation

Operation Manager

Hello everyone, 
Wanted opinion on the following offer I received right now from an ed-tech startup in gurgaon.

My experience, 1YOE UiUx,
Place- Delhi
Current Salary 5.04LPA (All fixed and 5 day week office)

What they are offering is 
6LPA (90% fixed, 10% variable - based on performance, to be paid every quater, alternate saturday working)

And I'll have to shift to gurgaon for the job.


Is the offer good or what should I negotiate.
I have to confirm it soon, since they want me to join by monday.

Need advice

UX/UI Designer

Background:
I have around 7 years of experience. Right now doing WFH from tier-2 city and staying with family (Married so wife + my parents). My current job is good but politics and bad manager came into picture. I applied to few jobs and got an offer.

Current Situation:
The offer I got is WFO (hybrid) from Bangalore so I need to move. Increment in terms of cash is 12.5% (they dont want to push more). RSU is good and they vest in 1 year directly.
I estimate that house I require near my office (Kadybeesanahalli) will cost around 50-60k and rest budget of 50-60k. So I will save around 1-1.5L (50% will go to MF, stock etc)

Question:
Is this a good decision to move and settle there ?
New org is a reputable one and has stable job as of now

Note: I am not including my wifes salary as she still needs to search a job

Is it a good idea to move cities right now

Data engineer

I have an offer for Founder's office role for 18.8L all inclusive, remote setup.
I feel I'm being low balled as glassdoor, ambitionbox, payscale, 6figr say avg salary is 23-25L with 3L bonus 

Thoughts?

Salary check

Consultant

Welcome to Salary Discussion's Private Community

Staff software engineer saas company with $200mn-+ARR. $1.2 bn valuation (undervalued but a good thing for me)

Cash component - 65lac (honestly I'm happy with it and not looking to get it improved) 


ESOPS - this is a bit tricky as I'm getting 6k units at $3.5 strike price (I feel the company should be valued at 2x it's current valuation and with $7 price of one share make 4 lac a year here when exercise)


My question How does the ESOPS compare with other comparable unicorn SaaS companies like postman, razorpay etc. ?

Advice on the offer

Founder

I am currently working in a startup which pays 38lpa base and no stocks, no EPF. Plus point is complete work from home. So i accepted it. 
But then I am thinking if I was low balled, as I have 6 years experience including 2 other MAANG level companies i worked with (not exactly MAANG but nearby)
My previous compensation was 28 base and stocks of 7 lakh per year.
I didn't had any competing offer so accepted it.
I am planning to study DSA and system design to start applying again in one year.
Let me know your opinion.

Offer analysis

Hi Viners,
My elder brother who used to work in strategy got laid off in July. He had a fixed pay of 35 and total CTC of 42. ( 2 lakh annual esops, 5 lakh variable). He has a pretty good runway and not worried about the finances since currently at home and no rent/ other metro city expenses. He has been working as an external consultant since December and making 3 lakh per month as fees.

Yesterday he received an full time offer from a startup with Fixed pay 32, 1 lakh retention, 1 lakh performance bonus and 4 lakh annual esops at the last valuation.

The startup is yet to raise series B but the role he is getting is a strategy and ops planning role along with PnL responsibility in 3-6 months.

HR told him that the salary would get revised once they recieve series B but he knows that stuff is usually just lip service. Glassdoor reviews also show that the workload will be high and might have to work on public holidays as well.

Would you advice to take this?

Would you take a paycut?

Hi,
Looking to switch profile from a data guy to something more interesting with a better pay. Can anyone suggest what are the possible routrs for a quick career progression.

Profile
Exp:3 yrs
Current: Series A startup
Education:Tier 1 bachelors and Masters

Exit options for Data Science

Grapevine community,

Need you help and input on what is a reasonable salary range to start as VP/SVP role at fast moving and well funded startups.

Please help with the equity split as well if you have input on that. 

Yoe 16
Tier 1 college IIT

Salary range for VP/ SVP role at fast moving and well funded startups

Engineering Manager

PM here with 3.8 YoE, got an offer from a B2C/B2B company for PM position. Full time wfo, based out of Mumbai. Offering 20 lpa fixed. Verbally said will be starting ESOPs from next month and eyeing to go public in the next 2 years.

Yay or nay?

Offer Validation

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