is my CTO claiming right or wrong?

Hi,

So I've working in a pre-seed stage startup for 1 year 3+months, Company is still in process to get it's next round of funding, hence my increment is still in half-backed stage. The base was increased from 20L to 30L(promised), Which was my least expected number to stay in the team. To this I retaliated with my background, skills and lesser pay for the last year. but CTO has told me that this is max (or little more) I can get in the current market.

Since the last 3-4 years trend being 2+ years experienced, IIT, GSOC and with leading the backend team, even in this recession market I believe to be paid near or fully 40L base + ESOPs.

Help me if you're active in the job market as seekers/recruiters, if the CTO is right here.

11mo ago
potatomato
potatomato

2+ years experienced even in this recession market 40L base + ESOPs

O...kay then

ShadyTorque
ShadyTorque

If GSoC is something you have to explicitly mention to show your calibre, then it speaks volumes of all the miles you're yet to go. In any case, try interviewing at other places and you'll find out the (apparently brutal) state of the market right now for yourself. Good luck!

SevereStand
SevereStand

This’s when you’re too optimistic but whatever your CTO is telling is not all crap

PoorCoders
PoorCoders
Rapido11mo

CTO is right based on market conditions. But like others mentioned in this thread go ahead get a offer and show it to your CTO/HR

Based1776
Based1776
Remote11mo

Only that can be done is to get a counter offer

bootstrapfounder
bootstrapfounder

Apply, clear interview and show that offer to your CTO

Discover more
Curated from across