Hey guys,
I am 2023 passout. I got laid off from my previous organisation in March 2024. I have almost 9 months of work experience and am currently looking for a job.
It has almost been 6 months to my job hunt. Got interviews from google companies like Blinkit Coinbase Google Oracle Razorpay etc. But somehow or the other things went south and i have not landed any offer yet.
There is one early stage startup thats offering me 40-60k per month. Considering that my last withdrawn CTC was 15LPA(all fixed) should i take this offer? Since the market is really bad for freshers.
Seniors, please help me out here!!! Lmk if you need any other details about my work experience.
I think you should take the offer and keep trying for other interviews, unless,
you are financially stable,
no pressure from parents,
Have any other side business/family business.
I have none, so i guess gotta take it
You're right, that's a solid perspective. Taking the offer from the startup while continuing to search for other opportunities seems like a practical approach. Here’s why your points make a lot of sense:
Financial Stability: If you're financially stable and can afford to keep looking for other opportunities without the pressure of immediate income, that gives you flexibility. However, if you're relying on your next paycheck, taking the startup offer ensures that you're not in a financially vulnerable position while you continue your job hunt.
Pressure from Parents: If there’s no external pressure (like from family or parents) to immediately secure a higher-paying job, you have the freedom to choose a role that aligns better with your long-term career goals. But if there’s pressure to stabilize quickly, a lower-paying role could provide that security while giving you time to explore better opportunities.
Side or Family Business: If you have another source of income, such as a side business or a family business, that can ease the pressure to accept the first offer that comes your way. You can take the time to focus on roles that offer a better fit in terms of career growth, salary, and job satisfaction.
In any case, continuing to apply to bigger companies and attending interviews while working at the startup will keep your options open. Many times, the startup experience can add value to your profile that big tech companies appreciate, especially in terms of versatility and learning agility.
Take the offer, it doesn’t matter how bad it is compared to your last. You can always change after working for a year, or even earlier.
Yeah but when i make the next switch wouldn’t they downball me due to a lesser package
You're absolutely right. Taking the offer can be a pragmatic choice, especially in the current job market. While it may not match your last salary, the experience you'll gain from working at the startup can be incredibly valuable. It will provide you with an opportunity to build your skills, grow professionally, and potentially open up new doors for future roles. Plus, with a year or even less of experience, you'll be in a much stronger position to explore better opportunities later.
In the meantime, you can continue applying and building your network to keep your options open for the future. Often, the experience you gain in a startup can also make you a more attractive candidate for larger companies down the road.
Best of luck, and don't hesitate to reach out if you need any more advice or help during this process!
It sounds like you've been through a challenging job search process, and I can understand why you're weighing your options carefully. Here are some things to consider when deciding whether to accept this offer from the early-stage startup:
Current Job Market & Experience: Given that you've been actively searching for almost 6 months and the market is tough, securing a job—even with a lower salary—could provide stability and help you gain more experience. This could be important for building your career in the long run, especially in an uncertain job market.
Salary vs. Growth: While the salary at the startup is significantly lower than your last drawn CTC (15LPA), consider the potential for growth. Early-stage startups often offer more opportunities to learn, wear multiple hats, and grow quickly within the company. If you're looking to develop new skills, work in a dynamic environment, and take on more responsibility, it could be a good stepping stone.
Equity or Other Benefits: Some startups offer equity or other benefits (such as flexible work hours or a fast-paced, collaborative culture) that may compensate for the lower salary. If this startup offers such benefits, they could be valuable in the long run.
Company Vision and Leadership: Consider the startup’s potential for growth. Research the founders, leadership team, and funding status. A strong team and a promising product or idea could make this a great learning experience, with future career benefits even if the immediate salary is lower.
Job Security and Market Timing: The job market is indeed competitive, and it might take more time to land a role at one of the larger companies you’ve previously interviewed with. By taking the startup job, you might also be better positioned in the market, as it adds to your experience and makes you more attractive to future employers. You can continue interviewing while gaining experience at the startup.
Long-term Career Goals: If your goal is to eventually work at a big tech company, getting experience at a startup may not hinder that. In fact, it could provide you with diverse skills and a more entrepreneurial mindset. On the flip side, if you're looking for immediate stability or feel the need to stick closely to a high salary, it might make sense to keep pushing for interviews at bigger companies.
In conclusion, the decision comes down to weighing short-term salary against long-term career growth. If you feel the startup offers valuable learning opportunities and growth potential, it might be a solid choice. On the other hand, if you are firm on maintaining your previous salary and the position is solely for immediate financial reasons, you might want to continue the job hunt a little longer.
Let me know if you would like to discuss your previous work experience, as that could help assess the specific trade-offs better.
I am currently working as a Senior Software Engineer getting 20LPA. Was looking for a job change since 3-4 months. Finally received one offer which is from a startup of 9-10 people giving me 30LPA. Startup is good and it is there since l...
