UprightLocal
UprightLocal

Ola ESOPs offer

Can someone from Ola help understand the internal policy on ESOPs offering? A friend is being offered a mid leadership role as a PM but with miniscule ESOPs (12L over 4 years 😅)

13mo ago
CouchPotato
CouchPotato
Amazon13mo

On a lighter note... This is an anonymous platform. You don't need to use the a friend is cliche😂

UprightLocal
UprightLocal

Haha.. knew it would garner a comment. Just that it's the case 😂

RamsayBrothers
RamsayBrothers

Bhikari ban ja but ola mat ja. Tell this to your friend

UprightLocal
UprightLocal

😂😂

MehnatiEmployee
MehnatiEmployee

Kyu bhai? Aisa kya hua?

FunkySaint
FunkySaint

I now work at Ola.

@UprightLocal - What do you mean by culture? Happy to answer a few questions.

Also, 12L ESOPs was at what CTC? This is Ola or Ola Electric?

UprightLocal
UprightLocal

Culture in product tech teams.. people in Ofc for how many hours? Work life balance? How do leaders treat their teams? Expectations on weekends? Etc etc 😂 CTC I think around 65+. Does it differ for Ola vs Ola electric? Will ask and revert on this

AITookMyJobToo
AITookMyJobToo

"What do you mean by culture?"

Self-explanatory!!!

CrazyFifth
CrazyFifth

Culture is really bad. Abusive, hire and fire. So be careful.

Most of the Indian startups don’t give good ESOPs. Although ESOPs offered in this case are low, do they do buybacks? Never heard about OLA buybacks.

Try to negotiate, but if you don’t have other offers then go for it

UprightLocal
UprightLocal

Also.. insights on culture would be helpful. 🙏

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ESOP and Salary advise

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ESOP and Salary advise

Work as the only SPM at a seed startup in SaaS. Salary is 45 lpa and 12 lakhs of ESOP over 4 years .

Only PM reporting to the CEO and we have doubled revenue in the last 12 months I have been here and contributing .

I think I got lo...

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