ZestyNoodle
ZestyNoodle

I am getting 70lac as CTC in my new role

I have total of 3.6 years of experience all as Data Engineer. 2.3 working at Sigmoid and 1.3 with Flipkart. I got promoted at both the organisation, means I am a high performing talent. I am getting 50L as a CTC from Flipkart, 21.5 is fixed, 2.15 is annual bonus and rest other are ESOP spreaded over 4 years. Flipkart is currently operating in hybrid model which means I had to shift to Bangalore this December.

In my new role at a startup which is acquired by Course Hero is offering 70l; 32l as fixed, 3.2l as annual bonus and rest other as RSUs spreaded over 4 years. It is work from anywhere.

Looking at the current market trend and my previous history, should I be little more greedy.

29mo ago
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BubblyDonut
BubblyDonut

Your CTC is 35.2L - nothing more. ESOPs can only be counted once they vest.

Don’t fall for the trap of an inflated number just because they’re giving you the ESOP carrot.

FluffyBurrito
FluffyBurrito
Zomato29mo

That’s how how you calculate CTC Pottah

JazzyTaco
JazzyTaco

No developer or engineer deserves 70 lakh. Frankly, these roles are extremely overpaid and all founders know this. Now that VC money has dried up, salaries will stagnate for 2-3 yrs

Add to that, Elon Musk has shown with Twitter that you can just pressurise developers and squeeze 2-3x more from them and all VCs are pressurising founders with this example.

SquishyBiscuit
SquishyBiscuit

Lol

CosmicQuokka
CosmicQuokka

This sounds inappropriate, kya pata kon kab bolde 'unskilled' influenzas doesn't deserve 'millions?' that they make.

PerkyTaco
PerkyTaco

Your actual CTC is 35L, baki sab dekh lo

SquishyBagel
SquishyBagel
Student29mo

Nice flex

PeppyCoconut
PeppyCoconut
Student28mo

These startups which are providing courses for data analyst and saying will give placement assistance are these scam folks or do they really fullfill their promise?

PeppyCoconut
PeppyCoconut
Student28mo

And how did you become a data engineer like what courses or skill do you need what is the roadmap and did you get your job by college placements? BTW which college are you from?

PeppyCoconut
PeppyCoconut
Student28mo

Bhaiya ye ESOP and rsu kya hota he

WigglyNugget
WigglyNugget

True. That is inflated CTC.

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