PhonePe offer 34L fixed + 6L joining bonus + 25L stocks for 4 years
Greenlight offer 38L fixed + 4L performance bonus each year + 2L retirals (PF + gratuity) + 30L stocks for 4 years
I am genuinely stumped as to which to join. Greenlight is offering a much higher cash component - but PhonePe is...PhonePe. I have no way to find out about the work culture and learning at Greenlight since they've recently started operations in Bangalore (all folks seem to be from very nice companies on LinkedIn). I've heard people saying that WLB and coding standards are better at US based startups, plus it's a role in the founding team at Bangalore (they only have 5-6 engineers in the iOS team I will be joining).
Any help and advice is appreciated!
Always go for US based startups. Even if the culture is bad at the beginning the decision makers stay at US and they don't (generally) get offended with the term WLB. In my experience (5 years), I have never found an Indian manager who is just driven by work and the tech of it. Most of them are opportunity seekers and hence hardly have opinions, which then leads to bad WLB.
Either way u r sorted. Mind sharing ur yoe? All in iOS?
3 years 11 months, all in iOS yes
Nice. You’re like in the top pay now. Congrats!
Hey đź‘‹
Although I have no thoughts on which company you should join. However, If you choose Greenlight, ensure your employment agreement contains a clause which will pay you the Gratuity portion if you leave before 5 years since it is included in CTC and not paid to you yearly until 5 years are completed.
I’ve seen corporates include gratuity in CTC to make employees stay. However, for startup’s - employees may have leverage to discuss this.
Claim gratuity without completing 5 years? How’s that possible?
Isnt the entire point of gratuity that youd get it after 5 years? How would one go around negotiating something like that
I'd say go for phonepe. Greenlight will be a back office role. They are building for US.
Curious to know, how to ask for counter offer?
Is we have to show offer letter of company B to A or just quote the comp of B to A on mail?
Or there is some other way around
You can just quote, the HR will usually ask for the offer letter of the other company, and you show it to them and they can decide to counter or not
Ohh got it, thx for updating my knowledge
PhonePe: Designation: Software Engineer Fixed: 29L Joining Bonus: 3L Esop: 20L (vested over 4 years) Team: Pincode Work Location: Bangalore
Microsoft: Level: L61(SDE-2) Fixed: 27L Joining Bonus: 2L(1L in 1st year, 1L in second year) R...
Microsoft hands down. Because you'll have an excellent wlb compared to phonepe in webxt
Which one to choose?
PhonePe Role: Software Engineer Base: 32L Joining Bonus: 3L Esops: 24L over 4 years Comments: Work quality is good
Salesforce Role: MTS (Service cloud team) Base: 35L (including employer PF: 1.68L) Perf bonus: 3.5...
Hi Grapeviners,
I have an exp of exactly 2 years and i received an offer from a startup for analyst (level 1) at a cash component of ~ 20L (includes 10 % variable) and ESOP worth 3 L. My current company had an all fixed comp at 15 LPA...
