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Razorpay offering 22LPA for lead position

Just had a call with a recruiter from Razorpay regarding the position of Lead Engineer - Android. The budget quoted was around 22 LPA fixed with no variable components. The reason mentioned is that management wants to be careful with the hiring since they don't want to layoff anyone. I think they are trying to low ball the offer. Can some one from Razorpay comment. Pretty much sure 22 LPA for lead is pretty low

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AliveYouth71

Stealth

a year ago

Stellar offer for u. Take it
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UpsetUnicorn

Stealth

a year ago

Looks like you created an alt account to make that post and reply to yourself. Well. If that's true, it's indeed a steller opportunity for you.
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PickledCandy

Fintech Startup

a year ago

😂😂
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ElonMusk_

X.com

a year ago

Extremely low for a lead position. 2 to 3 YOE SDE easily cross 25 LPA these days
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BearBear

Stealth

a year ago

Bhai pata nahi har sde toh nahi cross karta hai ye toh fix hai sayad tier -1 ya previous acche company Wale kar lete hai
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Newgate

Okta

a year ago

7 yoe ..current base is 30LPA
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bunroti

Gojek

a year ago

If the current base is 30, why would you even consider 22? Brand name or some other reason?
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bunroti

Gojek

a year ago

Oh nvm. Razorpay is nothing compared to Verizon.
See more comments
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Sexy

CARS24

a year ago

RazorPay offers more than that to folks with 1 yoe
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FunnyBones

Plivo

a year ago

“Don’t want to layoff anyone” but silent layoff or pip would be fine. Smh. Dunno about compensation but excuse doesn’t sound right
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DankyDankDonkey

Google

a year ago

Razorpay pays like this for lead engineering roles? Tbh any decent startup would be able to pay much more than that for the same role.
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AITookMyJob

Startup

a year ago

Extremely lowballed. BS justification.
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WattCoconut

Stealth

a year ago

What your YoE?
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FrontPrey87

Stealth

a year ago

I was offered previous year nov when I was having 1 year 3 month experience 22 for first year like 1 JB 19 base and 2 retention bonus.So this looks extremely lowball
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SelfishLad

Amazon

a year ago

Last year was offered 25 lpa with 2 yoe backend from razorpay.
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Humbled_engineer

Mercedes-Benz Group

a year ago

Low-balled. Even for data analytiçs lead, I was offered a better package
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itachiuchiha

Stealth

a year ago

They're probably thinking since a lot of people have been laid off and are in the market, they can low ball the offer.
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LooseGoose

Stealth

a year ago

Sounds low ball tbh, plus no variable is sus
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ReddyAnna

Swiggy

a year ago

That’s a super low offer. Should be easily between 30-40lpa.
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Qwerty2398

Stealth

a year ago

If you have more the 2yoe, then this is low. Since Its without variable ask for 30. Of they change to include variable do not go for anything less than 35. 50% of The variable Amit they offer, you will never see.
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