Dear Candidates - next time you get an offer letter, read the fucking thing.
Recruiter: Candidate has declined the offer Founder: Why? Recruiter: He has a 48L offer, but we can't go beyond 30L. Founder: No problem. Just add everything that's ever cost us money since the candidate was born Base : 30L 1.44L Employer PF 48K Gratuity (if he survives 4.8 financial years) 25K Mediclaim (our premium is 2K but shhh) 18K Internet allowance (he didn’t ask, but we insisted) 12K Office snacks (he’s remote, but still — “culture”) 9K Diwali gift (1.5K actual value, 7.5K emotional markup) 15K Upskilling budget (expires before onboarding) 5K LinkedIn Premium (career growth, obviously) 4L Variable Pay (like he will get it) 5L in ESOPs (valuation by hope and fairy dust) Sodexo card bhi de do (they never use it but it feels rich) ESOPs (no strike price, no liquidity, no clarity - perfect for dreams)
CFO,HR impressed. Candidate confused.
So again -Dear candidates, Next time you get an offer letter, read the damn thing. Line. By. Line. What's fixed. What's real. What's fictional. What's deferred. What's performance-linked. What's basically poopity poop with oregano and chilly flakes. Zoom in. Highlight. Ask.
Every time you say yes without reading it - someone somewhere gets promoted for lying legally. Wo kehte hain naa.. sometimes you're not underpaid - you're just over-promised.
PS: At will feel free to interchange CFO,HR and Founder. No one cares.
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Adding insurance and gratuity in CTC is a red flag.
Bro CTC is cost to company- anything and everything possible will be added
Which kind of idiots don't read this miniscule detail?
Idiots on GV who post 90lpa package for 3 yoe.
And then? The candidate asks for amendments, you throw your “take it or leave it, we have more candidates willing to join” card.
we also have many companies to join. Very few say this
Keep these posts coming
So the candidate’s original 48L offer is all ‘fixed’?
Let’s face it, everyone does this but there’s always fixed pay mentioned and all the other part mentioned separately!
Welcome to the real world mate.. I have seen enough offer letters to confirm fixed bhi bhool jaate hain log likhna :)
So true...hence the negotation line should be give me effing lakhs per month in hand after all deduction...else u can keep ur job and do it urself...lolll
@UnpaidIntern @Micheal_Scott
Pls bring the feature to follow posts from author.
Hmm - fair one. I’ll keep this one in the list of things we need to do.
Someone please explain gratuity
Gratuity is the amount, you receive only if you stay in your company for >5 years