Should I shift?
I'm in a budding start up in Bangalore. The pay is less for my role. But I've got ESOPs here. I've been in this company for 2 years without a raise.
I know there are better paying companies out there, but I'm also bullish on the company's growth.
What would you recommend? Should I hold on and get the hike or search for greener pastures immediately?
If you want to see cash soon then start looking for roles elsewhere, otherwise ask for more ESOPs
Rule of thumb for me is ESOPs = cash/2
It’s other way round right ? ESOP/2~ Cash you might get
Talking about value of ESOPs
How much do you know the founders ethics to value your sacrifice later? Secondly, how much do you know about the company's growth. If your founders are from accelerator program, the first thing they are thought is to hype things to match Google , FB and Apple.
More or less I do find the founders to be ethical. And they're not from an accelerator program. 2 of the founders have a previously failed start-up. Which makes me think, they would have learnt from their mistakes.