Salary Negotiation

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

sashi

Stealth

a year ago

I would suggest don't think much about esops, it is not guaranteed that it will convert to money when you're leaving, focus on cash component, because on cash component you will be getting hiked

CheapPool48

Stealth

a year ago

Thanks

Krypto

Cred

a year ago

This is a very it depends question. As sashi said, esops are paper money, take what you’re getting and forget about them For cash component, Research startups in the same space, whatever they offer, i would add 10-20% considering you’re switching. Also depends whatever role you’re joining for how many team members are already there, if the team is very small, you know the expectation is going to be higher from you from day 1 so i would adjust accordingly. Lastly, emphasise on the value you will create for the company, what perspective you’ll be bringing and be confident.

CheapPool48

Stealth

a year ago

Thanks. Startup is in fintech sector, and role is product operations? Any benchmark?

Krypto

Cred

a year ago

Not enough salary datapoints on product ops, so cant say Also the relevance for the role changes from company to company. Check out glassdoor, ambitionbox for your company or similar companies and go from there.

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