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WigglyWaffle
WigglyWaffle
Zuddl

Shall I negotiate in this offer?

I am a fresher software engineer. I was an intern at a series A startup and they have offered me a pre-placement offer.

This is the breakup(Yearly):

Basic - 6L HRA - 2.4L Special allowance - 1.9L Food allowance - 26.4K Professional pursuit - 60K Internet - 12K Half yearly bonus - 50K

PF contribution - 2K

Total CTC - 12.5L

Apart from this, I've also been allocated 1000 ESOPs

Is there any scope of negotiation here? If yes, how do I go about it?

Any advice/guidance would be very helpful!

21mo ago
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GigglyBanana
GigglyBanana
Stealth21mo

Check with the bonus component, what is the mechanism means is it based on your performance or company performance or both? If company performance is included, try to negotiate to include this in your fixed component as much as possible. Even if it’s 10k of the overall bonus its a win! Otherwise good offer to go for!

WigglyWaffle
WigglyWaffle
Zuddl21mo

Makes sense. Will discuss this with them and try to negotiate. Thanks for the help :)

BubblyCupcake
BubblyCupcake
Stealth21mo

Always try to negotiate. What’s the worst that could happen, they would say no.

WigglyWaffle
WigglyWaffle
Zuddl21mo

Trueee! What shall i negotiate for? Better base or esops?

BubblyCupcake
BubblyCupcake
Stealth21mo

Base.

DancingKoala
DancingKoala
Fyers21mo

I’m looking for a job bro, laid off please tell the company name, so that I can apply

WigglyWaffle
WigglyWaffle
Zuddl21mo

Hey, they're freezeed hiring now. I got in because of the ppo.
Can't share the name of the place because a lot of colleagues are on this app, they'll know who I am 😅.

Good luck with your job search!

DancingKoala
DancingKoala
Fyers21mo

Understood, thanks for help

BubblyNarwhal
BubblyNarwhal
Stealth21mo

Is this a test automation startup ?
I know a cousins same Intern to PPO convert with similar offer but they negotiated higher

Can help you with numbers if it’s the same place

WigglyWaffle
WigglyWaffle
Zuddl21mo

Nope. Its a virtual events startup :)

PrancingPotato
PrancingPotato
Stealth21mo

This is solid. Go for it.

WigglyWaffle
WigglyWaffle
Zuddl21mo

Thanks!

WigglyDumpling
WigglyDumpling
Stealth21mo

I think this is a good start, if the company has good culture and opportunity to learn then go for it

WigglyWaffle
WigglyWaffle
Zuddl21mo

Hey, yeah I enjoy working here! The team is very helpful :)

SquishyLlama
SquishyLlama
Stealth21mo

For a fresher I think this is a decent package.

ZestyPenguin
ZestyPenguin
Stealth21mo

10-12 lakhs excluding bonus, PF and other benefits is the ideal SW engg starting as of 2022-23 comp survey.

You could ask - if they could touch 12 as the fixed, good.

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