SparklyPanda
SparklyPanda

Ola ESOPs offer

Can someone from Ola help understand the internal policy on ESOPs offering? A friend is being offered a mid leadership role as a PM but with miniscule ESOPs (12L over 4 years 😅)

14mo ago
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WobblyDumpling
WobblyDumpling
Amazon14mo

On a lighter note... This is an anonymous platform. You don't need to use the a friend is cliche😂

SparklyPanda
SparklyPanda

Haha.. knew it would garner a comment. Just that it's the case 😂

SnoozyPanda
SnoozyPanda

Bhikari ban ja but ola mat ja. Tell this to your friend

SparklyPanda
SparklyPanda

😂😂

GroovyDonut
GroovyDonut

Kyu bhai? Aisa kya hua?

ZippyBoba
ZippyBoba

I now work at Ola.

@UprightLocal - What do you mean by culture? Happy to answer a few questions.

Also, 12L ESOPs was at what CTC? This is Ola or Ola Electric?

SparklyPanda
SparklyPanda

Culture in product tech teams.. people in Ofc for how many hours? Work life balance? How do leaders treat their teams? Expectations on weekends? Etc etc 😂 CTC I think around 65+. Does it differ for Ola vs Ola electric? Will ask and revert on this

FuzzyMarshmallow
FuzzyMarshmallow

"What do you mean by culture?"

Self-explanatory!!!

GoofyBagel
GoofyBagel

Culture is really bad. Abusive, hire and fire. So be careful.

Most of the Indian startups don’t give good ESOPs. Although ESOPs offered in this case are low, do they do buybacks? Never heard about OLA buybacks.

Try to negotiate, but if you don’t have other offers then go for it

SparklyPanda
SparklyPanda

Also.. insights on culture would be helpful. 🙏

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