Would you take a paycut?

3 years post-MBA exp. Currently at INR 35+ LPA. Offer in impact consulting at INR 23 LPA. Should I take it? Joining in Jan'24. Reason for switch - can't tolerate my toxic manager anymore. Have already put down my papers. Line of thought: 1. Take it - Something is better than nothing. At least paisa aate rahega. 2. Wait - Once I go at a lower package, difficult to demand a hike on my current one. 3. Take it, don't mention it - Companies will negotiate hard to lowball me if they know I am not working (gets worse if the LWD of my current company and the time am applying have a huge gap). Money matters to me. But have been introspecting a lot. Will appreciate realistic input from the community.

I recently got an offer from early stage startup with a paycut from my current salary. Currently I am working at a MNC with monotonous work and learning. Should I join the startup?

Hi Grapeviners, I have an exp of exactly 2 years and i received an offer from a startup for analyst (level 1) at a cash component of ~ 20L (includes 10 % variable) and ESOP worth 3 L. My current company had an all fixed comp at 15 LPA ( fully remote) but the new company is WFO at Bangalore. I am also giving interviews for two other companies parallelly but my LWD of my current company was yesterday. Should I go ahead with this offer? Overall it looks decent but it's definitely not a financial improvement for me as the hike will offset the living expenses and the 30% tax bracket. Need your take on this guys. Should I wait more? The current offer I cannot hold for more than a week before it expires.

I work in an Australia retailer based out of Bangalore as head of ai vp position with very good wlb but not interesting ml Ai work . I got direct offer from blinkit for head of ai with very good ml work in optimisation and llm . I have to take 50% pay cut . I have. 19 years experience , so should I do good work sacrificing money and wlb my current tc 1.5 cr

Would you join a role as an early employee in a company, by taking 50% pay cut in your current salary?

Hi Wanted to see if the offer is in line with what the market is offering. It's a founders office role with a Series B company in Fintech. YoE: 4.5 One of the 5 old IITs Based on the market conditions, does it look lucrative enough to join? Fixed: 38 Variable:10% of fixed. With a possibility of 1.5x Stocks: Roughly 25 lacs per year

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?

I got a offer where i will get the equity. Does people really make money when company get sold considering in my case if i get 1% equity. Also how does it work? Suppose when we start valuation of the company is 1 cr so my part will be 1L. Now in the next round suppose the valuation is 10cr then does it increase my equity to 10L or it dilute my % of equity? Suppose if the company is sold at 100cr, do i really get 1 cr? Kindly let me know how it works and really people make money or not if it get sold.

Urgent advice needed. Have an ‘marketing head’ offer from a small tech product company. Total 20 YOE. Switching industry. How much salary should I expect? It’s not exactly a startup in the true sense of the term. A legacy company which has “transformed” itself.

Friends, Need your advice, I have around 4 years of experience currently working for Total CTC 20.7 LPA (19.2 lakh fixed + 1.5 reimbursement benefits) and it's work from home. Can be laid off anytime. Since I'm on bench for last 6 months without any billable role. I got an offer from a company in Mumbai they are giving me a 30 percent hike from fixed around (24 LPA + 2 Lakh joining bonus ) for Navi Mumbai location. And it's going to be work from the office. Is it worth considering the opportunity ? This will be my 3rd switch, is it harmful switching often. Please help and advice