A 2 yrs old small B2C startup has put the following conditions along with offer letter to my friend:
there are about 15 tech team members, they are in the growth phase right now.
are these conditions normal for a small startup?
what else does he need to find before joining?
1,2,3 are good. In my last company, i had 6 month probation and no paid leave during that. But i stayed there for 3 years, 85% hike in first appraisal, 35% hike in 2nd appraisal.
But 4 is confusing, they should give ESOP from joining since they are calculating that in CTC.
5, No WFH is okay, since not all companies are comfortable with WFH. But working on Saturday is a RED flag. I observed the companies which expect employees to work on Saturdays are the companies which will also ask you to work outside of the working hour.
1, 2 and 3 are normal. Not ideal but its normal across companies.
4 - This is bad. ESOPs should be awarded right from your joining date. It's the whole point of considering ESOPs as part of your CTC.
5 - not ideal. But lot of companies do it especially early stage startups.
My take is if they allocate you ESOPs right from the joining date then point 5 can be tollerated.
Saturday working is a red flag. Shows the work life would be fucked. Good if you can handle it . Also, ESOP must be given at the earliest . Rest is fine and is a norm .
How common is probation in big tech firms or startups, I am about to join a startup and they have probation of six months mentioned in offer letter, is it a red flag or is it pretty common.
During probation, they wont have any notice pe...
I recently got an offer from a seed stage startup for a SDE2 role. They shared the offer in a 2 liner mail. Weirdly enough they have a probation period of 3 months which could also be extended to 6 months during which there'll be no paid...
Hi everyone,
Recently I've been given an offer from a seed funded fintech startup. So I'm just wondering if it is fair enough. Please help
21L base + 1L ESOPs (vesting over 4 years)
YOE ~ 2 (Software engineer)
What should be my ideal...
Hi Folks I recently got an offer and the notice period over there is 60 days. In my past companies it was 30 days everywhere. Just wanted to know your opinion.
Government should create more strict labour laws atleast to save us from these corporates for the tax we generate to ...
My background: 2024 grad, intern at an startup in Bengaluru, internship extended for 3 months recession is the reason told, no chance of fte.
Now, getting an offer from a startup. Team of 15-16 people. Pre seed stage startup. Will be bu...