MagicalTaco
TC vs YOE
I see a lot of posts wherein we all are drawing parallels between TC & YOE. Eg “oh you’ve worked in PM for 5 years you should get 50L”
Imo - this benchmarking is very skewed. This actually depends on the leverage that you add to the org you join & the orgs financial health. If you’re getting paid 50L in a seed stage pre revenue startup; it’s mostly a sign of their financial indiscipline as opposed to your skillset or the leverage that you can add.
What are your thoughts on the definition of a fair compensation?
22mo ago
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WobblyNugget
Stealth21mo
There is a lot of confusion. People include everything and mention it here. Ideally people should say base pay. Which after tax deduction should be their take home.
Adding stocks to the base pay really inflates it.
JazzyBurrito
Google21mo
Honestly great point. It’s not just a two dimensional CTC - YOE chart that we must think. But also the stage, free cash flow and pay philosophy of the company
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