Fintech Startup SDE 2 vs JP Morgan(Third Party Payroll)
Hi guys, hope you are doing good. I have received offer from a Fintech start up and a consulting company to work for JP Morgan, please provide me honest feedback.
Current : Exp : 3.5 years Fixed: 17 LPA Tech : Java, Spring boot
Compensations
Fintech startup: Total Fixed: 28 LPA Joining Bonus : 1.5 LPA Annual Performance Bonus: upto 2.8L First year : 29.5 LPA ( Base + bonus) Total Salary: 32LPA
Third Party Payroll JP Morgan Total Fixed: 38 LPA Bonus : No Stocks : No Total Salary : 40 LPA
Thank you.
Talking product sense with Ridhi
9 min AI interview5 questions
Fin tech stratup. It's a honestly a no brainer. The kind of learnings you'd have in the startup would surpass those working with JPMC. And also remember that, you'd be on third party payroll, which makes your expendable. Don't think about a few extra lacks. They won't even matter in the long run
Thank you for your advice. I agree that learning in a fast-paced startup environment can be unmatched. I wanted to better understand the specific downsides of being on a third-party payroll. What are the key risks or limitations?
The higher CTC and the chance to work with a brand like JPMC are factors I’m considering. I've already spent 3.5 years in a similar tech stack and was hoping to scale within larger setups, which is why this seemed aligned. I had applied directly to JPMC earlier, but never heard back...
Hi, how did you got calls, can you pls tell, did you applied via referrals?
Hi, recruiters reached out to me on linkedin
JPM (40L) is better for brand value and stability, even as third-party. The startup (32L) is riskier but offers faster growth. Choose based on priorities—money/security (JPM) or learning/upside (startup).
But my honest suggestion is JPM.
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