GigglyPenguin
GigglyPenguin

Risk of joining as a founding engineer?

Would you join a role as an early employee in a company, by taking 50% pay cut in your current salary?

21mo ago
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PeppyBiscuit
PeppyBiscuit
TCS21mo

But why would someone take salary cut and that to 50%

CosmicLlama
CosmicLlama

Greedy. What else?.. dream of getting a big payout if the company makes it.
This would be a great net if you know the founder. Because he/shee needs people to milk the company with fake transactions. That is the dream role in any startup.

FluffyPanda
FluffyPanda
Swiggy21mo

I would suggest to take increased ctc on paper with more value to ESOPs.
Company wont have to shell out money right away.
If company fails, you would still be able to tell the HR while giving interviews a good number.

BouncyNarwhal
BouncyNarwhal

Sounds fair. But not sure how much importance the next HR will put on ESOPs.

Best case scenario nevertheless

FluffyPanda
FluffyPanda
Swiggy21mo

They only care about ctc number.

SleepyBanana
SleepyBanana

50 is too much man, 25ish with a good amount of esops makes sense

SleepyBanana
SleepyBanana

But again 25 might me hight only as it totally depends on experience level and current base salary

DizzyLlama
DizzyLlama

Biggest risk is layoff

PerkyDumpling
PerkyDumpling

Don't do.

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