SwirlyNugget
SwirlyNugget

ESOPs in CTC: Real Value or Just Hype?🤔🤔

I’ve been offered ESOPs worth ₹2L as part of my CTC. Can someone explain how much this actually means in hand, when I can cash out, and what I should be careful about?

Thanks in advance!!!

7mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
PerkyRaccoon
PerkyRaccoon
EXL7mo

If you leave the company before X no of years then you have to buy it from your own money. 2L worth esops will not be credited to you at once, it will be credited to your stock account every year.

If you stay in the org and if they offer buy back, then you sell your shares to the org.

If the company goes public, then you can sell it and cash out.

SwirlyNugget
SwirlyNugget

Got it, thanks. In general, do u see it beneficial? If yes, how long you need to stay in minimum, to actually have something as returns or profit or whatever you say. You may take your experience and mention, if any.

BouncySushi
BouncySushi

Company Name?

SwirlyNugget
SwirlyNugget

Lakxmhii Chittu phund

Discover more
Curated from across