If you want to see cash soon then start looking for roles elsewhere, otherwise ask for more ESOPs 
  
 Rule of thumb for me is ESOPs = cash/2

It’s other way round right ? ESOP/2~ Cash you might get

Software Developer

Chief of Staff

How much do you know the founders ethics to value your sacrifice later? Secondly, how much do you know about the company's growth. If your founders are from accelerator program, the first thing they are thought is to hype things to match Google , FB and Apple.

More or less I do find the founders to be ethical. And they're not from an accelerator program. 2 of the founders have a previously failed start-up. Which makes me think, they would have learnt from their mistakes.

Sales

Software Engineer

I'm in a budding start up in Bangalore. The pay is less for my role. But I've got ESOPs here. I've been in this company for 2 years without a raise.   I know there are better paying companies out t...

Welcome to Indian Startups's Private Community

I'm in a budding start up in Bangalore. The pay is less for my role. But I've got ESOPs here. I've been in this company for 2 years without a raise. 

I know there are better paying companies out there, but I'm also bullish on the company's growth.

What would you recommend? Should I hold on and get the hike or search for greener pastures immediately?

Should I shift?

Should I shift?- Grapevine

Welcome to Product Managers's Private Community

I am currently the only PM at a very small Agri-Tech startup. I did my MBA from an IIM.
I am currently getting 12 LPA with 18 months of experience.

I wanted to know if I am underpaid. If yes, how should I prepare myself to get referred to better companies?

Salary

Product Manager

Recently, I've completed 1 year into my role and my CTC is 16LPA. The company is a startup, and I've got ESOPs which are included in CTC.

It has been an year, and I'm thinking of making a switch. But still can't decide whether I should bet on ESOPs and stay, or get a higher pay and switch?

The company culture is pretty good, and it's a remote role, plus not much work load. :) 

But apparently, I'm worried if everyone else is making a switching companies with a 50% raise, why should I stick with 10% appraisal at a single company?

Would love to hear your thoughts.

1 year into job, what to do next?

Product Marketing Manager

Welcome to Business Roles's Private Community

What is a reasonable ask while negotiating with startups?

Should I ask for a match or hike of X% over my TC/annum (52lk Base + 8lk Bonus + Rs30lk RSUs), or should I negotiate only over the Cash (Base + Bonus) component?

A startup I’m negotiating with is not considering the RSUs I have and is offering a 8% hike only on the cash component, and is throwing in ESOPs (paper money) instead.

What do I do?

Need help negotiating with a startup

Getting an offer of 30LPA as a SBA at GamesKraft. But the thing is, I just joined Swiggy like 7-8 months back. 

(I was just randomly interviewing tbh. Just to ensure my skills are still at par with the market in case something bad happens.)

But the salary hike is a good one. It will probably take me a good ~2 years (ATLEAST) to reach there if I stay at Swiggy. What should I do? My esops haven’t even vested yet. And I can always interview for a hike in case my salary progression gets stale later, right?

And the work here is good. I am getting to learn a lot, plus it’s wfh. And Gameskraft had the tax issues with the betting thing. IS IT WORTH IT? Am i being greedy? Do i make the jump? Or do I be patient?

Is this worth it?

PM YOE: 6
Overall YOE: 8
CTC:32LPA
ESOPS: 25lakhs 

Unlikely to get hikes as hiring is frozen and market is bad so I’m stuck at this. Is this a fair compensation ? Should I be looking elsewhere  (that is also proving challenging) ? Company is a startup. Up to answer any other questions

Apt salary for Senior Product Manager ?

Welcome to Software Engineers's Private Community

I am SDE and I joined a company 2.5 months back. I don't like the work that I am doing and the company is far from being profitable+ a huge cash burn + management is not good.
I interviewed with some other company and they have offered me a role. On paper it's an upgraded role but they are offering the exact salary as the current one + some esops.

Would you accept the offer if you were in my place?

Some general info:
1. Hate the work I am doing currently, the knowledge I get here can't be used in other companies.
2. Work is slow, not learning anything new
3. New company seems good from outside till now, have to validate with ex-employees
4. New company has Hybrid work, current is WFO
5. Have another offer which is paying a bit more than the 'new company' but don't want to join it, These guys are not matching the offer sadly

Should I switch again?

I joined my current org right out of college and have been working here for 2+ years. I really like the company’s culture, openness while pay is also great as per my standards and needs.

I recently interviewed for a startup casually and got an offer as well. Now I’m in a dilemma whether I should join the new org or stay although the pay jump looks pretty decent to me. 

P.S. Not a brag post but genuinely looking for answers as I’m really out of touch with the industry and given the current recession, can’t really make up my mind.

Current TC.- 20
Offered - 26 + variable

Should I switch if I really like my current org?

I have been working in a small bootstrap startup ( 50 employees). The company is profitable and have great culture and ethics ( best out of the 4 companies I have worked for). 

I am expecting a decent salary hike (30%), career and learning growth. Should I look for a larger organisation or make up my mind for a long term career in my current organisation.

P.S. I have 3 years of post- MBA experience and I have done Btech and MBA from premium institutes.

Career Advice

I have been working in a small bootstrap startup ( 50 employees). The company is profitable and have great culture and ethics ( best out of the 4 companies I have worked for). 

I am expecting a decent salary hike (30%), career and learning growth. Should I look for a larger organisation or make up my mind for a long term career in my current organisation.

P.S. I have 3 years of post- MBA experience and I have done Btech and MBA from premium institutes. 2 years of PM experience.

Welcome to Office Gossip's Private Community

Engineering grad. Transitioned into marketing right out of college. ~2 years of experience. 

Started out on a shit pay, currently underpaid but getting good exposure and learning a lot. 

This was a conscious decision as I am focused on learning, growth and personal development. 

Feedback is, I have made massive professional progress in the last 1.5 years and the company too (at my request) is giving me more agency to explore and diversify my skill set.  

This means; mainly more responsibilities, a few operations related decisions & tasks and a few sales calls and client presentations.  

I work at a very small startup and I feel, despite having the opportunity to learn here, the environment or mostly the pay is too shit/low. 

I am already a star employee here and I feel it would be a good time to switch, to be amongst a group wherein I can get more challenges and opportunities. Of course, a higher pay would be wonderful as well. 

While, job switching is an option, I am also thinking about doing an MBA. 

I feel if I can build upon this momentum and get into a good college - it would negate years of grind that I would have to put (in the current scenario). 

I really would like you good people to analyse my situation and help me out, please.

TIA.

Work. Transition. Study?

Content Marketing Manager

Hi, I am an M. Tech CSE graduate from tier 1 college. I have one year of experience in back-end development. 

My current CTC is 14 lpa with 12.6 lpa as base pay.

I got an offer from a fintech startup with 15.5 lpa as base pay, 74k variable and 1.5 lpa as ESOPs vested over 4 years. 

Am I low balled in the offer?

My current company has a notice period of 60 days and the offer company needs joining in 30 days which in turn needs me to pay back for the remaining 30 days.  

I kindly request your help in taking the decision.

Help me in deciding

I'm a 28-year-old married (Wife is also working) individual currently residing in Kolkata, where the living expenses are relatively low. I have 5 years of work experience, and my current compensation package is 28 lakhs fixed and 3 lakhs variable (approximately 1.95 lakhs in-hand salary after deductions). With no liabilities or responsibilities, my monthly expenses are around 40,000 INR, and I manage to invest around 1.5 lakhs per month.

Currently, I enjoy a stable job and live with my parents, who take care of most of my living expenses. However, I'm considering the possibility of switching jobs and moving to another city, which would require me to bear the additional costs of rent, food, and other living expenses on my own.

Question: Given my current financial situation and the potential for increased living costs in a new city, should I explore a job switch and relocation? Or should I continue with my current stable job and living arrangement in Kolkata, where my expenses are minimal? What factors should I consider when making this decision?

Should I switch and move to bangalore

Nah stay there only. Why relocate to Bangalore If you are earning a decent amount and living with your family happily.

What are the numbers we are getting this time? This is my first cycle, review isn't done yet. Want to know how much to expect.

Swiggy performance review

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?

I am a 6 yrs experienced Software developer and part of a mid-stage startup. This is my third job; I have been working here for 3 years. I was involved here as one of the core engineers at the start in developing the overall platform, After that, my growth as an engineer stagnated for 2 years . 

Constant importance and priority are given to business requirements and hacky work getting pushed to production in the name of fast iterations and business impact every week. 

My engineering manager lacks proper engineering skills and doesn't respect engineers even after their impact on the company and constantly keeps saying the engineering team doesn't contribute to the revenue of the company despite us pushing work that improves business positively. 

Last year around November, around 80% of the engineering team was subtly suggested to start looking out for work (basically a soft layoff) because management was too scared of a social media backlash

Due to all this,2 years' worth of technical debt has accumulated on the overall codebase and apart from giving justification for every code improvement that we try to make there, we still have to work on business/product requirements. 

My growth as an engineer has stopped and I am worried about missing out on the latest developments in the tech industry, especially with AI in the picture, and want to make my skillset somewhat AI-proof. I have come back to hands-on coding this year , so that's a positive start. I am considering taking a 3-4 month break after resigning from my company to study, develop side projects, develop a portfolio etc

Has anyone else been in this boat ? How did you come out strong?

Side Effects of working at startups

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Welcome to News Discussion's Private Community

My background: 2024 grad, intern at an startup in Bengaluru, internship extended for 3 months recession is the reason told, no chance of fte.

Now, getting an offer from a startup. Team of 15-16 people. Pre seed stage startup. Will be building product from scratch. Lots of learning. 
Offering decent hike and since i m part of first team...getting small equity too.

Should I join this offer?

I m confused. But also thinking...it is risky but a lot to learn and growth potential is v high.

Tell what do u guys think??

Need help guys

Data engineer

I have been working in this startup for around 1.5 years now, and soon I am going to be the only developer here, as the other 2 devs are going to leave soon.
The company is now calling me to Bangalore.
I am thinking as there will be no devs my growth will be very less, as this is my first organisation after graduation.
But looking at the market situation it feels like I should just continue with the current org.
I am not sure what to do.

YoE; 1.5 year
CTC: 9 LPA
Saving: 1LPA

Confused about what to do

Current profile- Category management in Series B startup
Total years of experience- 6
Education- MBA Tier 2
Salary - 15 CTC (12+3)

Want to understand salary levels for YOE, and which companies I can grow from here

Should I shift?

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