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Security Analyst

hey folks,  i’ve been interning with this b2b startup for a few months now, my stipend is 15K which i feel is less given the amount of work i do  is it advisable to ask my manager to bump it in our...

Welcome to Indian Startups's Private Community

hey folks,

i’ve been interning with this b2b startup for a few months now, my stipend is 15K which i feel is less given the amount of work i do

is it advisable to ask my manager to bump it in our 1/1 call? not sure how negotiation works for internships, but would love to know your thoughts

just for context - i’m a non tech intern

Stipend Negotiation possible?

Stipend Negotiation possible?- Grapevine

Welcome to Software Engineers's Private Community

My background:
Hey! I am in my final year, I did a summer internship at a software firm as a SDE role for 1 lakh stipend. And I got a full time offer for 26 LPA after graduation which will be in May’24

I applied for internship in a startup for working until my graduation, it was for the same role i worked during my internship. During a phone call interview right now, he asked me how much you’ll be expecting when you join full time, so I mistakenly revealed my offer and how much i m expecting. He made me compare the 12 lpa which this startup can give to maximum and 36 lpa which is my ctc offer in another company. I told him that I am ready to do a internship now at a lower money(50k), but after a year, depending on the situations of the startup, we can negotiate on the salary if can get a competitive one. What should I do now?

Please give me suggestions on how should I had negotiated, and did i do anything wrong by revealing my another offer from another company.?

What should be my next steps?

Negotiating salary

Hello everyone,  So I am an ML intern and a 2024 cs graduate, I have been doing internships since 3rd year of my engineering  and right now I am interning at an startup since 1 year and I don't have any full time offer as of now and the startup where I am interning is also not talking about full time offer, so what should I do now, ask for increment in stipend, ask for full time offer(talked to them in December, HR told will see when in April may, when we will raise funding, he also added "consider that you will not get" but I still kept interning) or keep applying at other places?

Should I ask for increase in stipend as I have completed 1 year?

Software Engineer

How much stipend in a startup one can expect being in final year undergrad from top government college in B.Tech and have done an internship of 100k form a top tech firm in past.

Expected Salary

Welcome to Product Managers's Private Community

I am a pre final year student from tier 1 college( not that the college matters, trying to put in as much info as possible) . Have had a few stints in the product intern role with experiences around core PM responsibilities. What range of stipend should I expect when applying for 6 month on site opportunities in similar roles? Any advice on how to negotiate would be much appreciated.

Regarding stipends for product interns

Heard absurdly low stipend comp numbers from a few candidates. I want to pay more than this but need to provide market justification.

What is the usual range for monthly stipends for backend dev interns at startups?

Backend dev intern stipend range

Software Developer

I'll go first. I got a call for an APM role from one of the companies which did sound pretty sketchy and the recruiter was started bullying me into answering questions, when I asked to know more about the role. The recruiter was extremely unprofessional, and obviously the conversation was nowhere great. They however, did go ahead and sent me the JD and other links, etc to fill in and apply for the job. Mind you, I hadn't applied for the job. 🥲
It just was a pretty sour conversation which had left me in an uncertain situation. Any similar experiences?

Weird recruiter experiences

Asked for my expected CTC. I answered and they weren't happy with it. Said they could only give at 40% increment of current CTC and then asked for my current CTC. After hearing my current CTC they said I shouldn't be earning this much and that I was obviously making it up. Then asked to send over my salary payslip which I refused. Basically the HR started being extremely rude at this point stating that I was being unprofessional. I asked their salary budget for the role which they refused to answer. Then I asked if they were willing to hire me for a lower CTC which she instantly agreed and said she knew I was reasonable and I shouldn't have lied about my CTC. I then said good luck finding a candidate for that amount and hung up.

Product Manager

I just got an internship at a startup. I don't know too much coding and i wanted to learn. I was just offered a conveyance allowance. Is that fair?

Intern salary

Product Owner

Welcome to Office Gossip's Private Community

I am Interning at a very early stage startup in the Growth Team. My stipend is ₹15,000 p/m and the work is decent - community mgmt, content, product gamification & market research. It’s a pre-seed startup so sometimes I feel lack of resources are putting a cap on my abilities to execute. Though, the founder has assured that we’re close to raising pre seed. I am pretty good friends with the Founder and I’ve met him a few times.
Now, coming to the main part of problem - I casually applied for an Internship in a early stage startup but the team is sorted. They have funds and their founding team is super experienced. Stipend offered is 2x of what I’m getting.
I was wondering If I should opt for that? Or, keep my head down and work for the same startup, ignoring the money aspect? Pls lmk folks.

Optimise for Work or Money?

Founder

Welcome to Business Roles's Private Community

I have been interviewing at a startup.
Initially I told my expectations to be 38LPA
Later came to know, they pay much more.

Have cleared all the interviews, how can I negotiate for more salary?

Current compensation - 27LPA
Yoe - 6.5
Role: Senior frontend engineer

Salary negotiation! HELP!!

So, I am an analytics guy with almost 5.5 YoE under my belt. My latest transition was to Phonepe that I made this year (feeling shitty here already, given the kind of work creating almost no impact)
I saw a post on LinkedIn where the CEO of this startup recently raised some pre-seed funding (~1.5mn). Since I was following them for almost 6-7 months before this, I reached out to the founder on LinkedIn. 
We first had a virtual call where we got to know each other and after that discussion, he called me over to his place where we further talked about the idea, the scope and the future while also discussing what I could bring to the table. Post that, we met again, and this time with the other co-founder who deep-dived a slight bit into the tech stack that I had worked on.
It seems that all is going well, but the founder, in the first face to face meeting told me that for the time being (for almost the next 3-4 months), he'll be able to pay me a monthly amount which is less than half of my current in hand pay, post which it'll be reviewed and adjusted accordingly. How do I negotiate this now? Also, since the team size is super small (only 5 full time folks and one customer support part timer), how do I negotiate on what equity I take (looking for a benchmark number here)?

Joining an early stage startup - Need guidance

Analyst

Hi! I just finished my second year at a tier-1 college. I’ve been looking for internships to do this summer, and a startup offered me a backend role of 10k pm stipend that required 8 hours a day commitment. I’d have to travel to their 2-3 times a week to their office that’s 7-8 kms away.

I know a decent amount of web dev, have built a MERN clone of Reddit, and I’m pretty good at algorithms. 

Upon asking one of my mentors about this, he that the guy who’s offering me this role is simply ripping me off. I just wanted a second opinion on this. 

Am I being underpaid?

10k pm stipend for intern

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

I work for a early stage startup (A) right now since about 1.5yrs at base 18lpa (no appraisal since my tenure even though I was told they have a bi-annual cycle, but It never happened)

I have another company (B), willing to offer base 28lpa (but will require relocation). 

I still haven't interviewed at B, and was wondering if i can should talk to A asking for an appraisal? I'm also not sure if i should mention about B at all. 

How much i understand A will be like let us launch something and then we can talk about appraisals, but this has been going on since a year now and we tend to change the architecture or the methodology everytime we almost have something ready to ship. 


That being said still I'd rather stay at A than relocate for B at the moment. 

How should I go about this, any suggestions? TIA

How should I ask for a raise?

Looking for internship in product Management as a final year undergrad student. They want me onsite with a stipend of 10,000rs. 😭😭

I joined a start-up (SDE 1) after working in an IT service giant (one of the WITCH) for the past 2 years. There we didn't have any discussion regarding the amount of raise expected, they used to just assign us the percentage (peanuts) that they felt.

Here in the start-up I have heard that we have a say about how much % increase we are expecting post review cycle. I have some questions,

1. Do managers generally know about their subordinate's salary?
2. If not, then how do such discussions take place? Just based on % increment?
3. Or Only feedback is discussed with the manager and salary negotiation is done with HR (who knows my salary)?

Salary Increment negotiation

Other people in my small startup are getting 4 lakhs more than me with all of us doing the same work with same efficiency but because they are from tier1 college and I am from tier 2 college .How should I negotiate with the manager?

Stipend Negotiation possible?

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