I work in a fintech company. Revenue and growth wise we are good, we just got acquired by a large internet platform too. Also, last year has been a tremendous learning for me as well. I like being PM but looking to move out of my current industry (lending) as I want to explore other domains and I feel like my CTC here is somewhat low (18.5 + 1.5 bonus) considering my experience (around 4.5 years). My boss said that I will get ESOPS (around 10 lacs) which I can liquidate around 50% this year. Should I wait for my appraisal to complete (will happen around April) and look to switch or should I start preparing for interviews now itself?
Be wary of ESOPs - it’s just paper money. Sounds to me like you deserve a raise. But market is also uncertain… I’d say you can start prepping for interviews - no harm in that. Interview prep can take a lot out of you so starting now itself will give you a head start + even if you decide to not switch later, prep won’t go to waste. You’ll just be honing those skills.
But thanks for the advice. Will definitely start prepping for interviews anyways.
Don’t fall for the ESOPs trap.
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