CosmicMarshmallow
CosmicMarshmallow

Is Esop mentioned on Offer Letter?

In my offer letter Esop is not mentioned of worth 20 lacs. Should I ask to revise offer letter ?. How common in Startups it is , have you encountered this situation?. Please suggest.

16mo ago
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CosmicMarshmallow
CosmicMarshmallow

@BiryaniEnthu @salt Can you please suggest ?

ZestyQuokka
ZestyQuokka
Hinge16mo

Yes get the offer revised. Get the vesting period all other details on paper

CosmicMarshmallow
CosmicMarshmallow

Thanks @BiryaniEnthu for response. They are saying on first day of office, they will do all the formalities regarding Esops and saying dont need to worry on it and offer letter dont have esops written in it.What do you think on it ?

BubblyCupcake
BubblyCupcake

It is somewhat common that startups don’t mention the esops on offer letter. And might generate a esops only letter after a month or two of your joining

CosmicMarshmallow
CosmicMarshmallow

Thanks @TommyBhai for response.
They are saying on first day of office, they will do all the formalities regarding Esops and saying dont need to worry on it and offer letter currently dont have esops written in it.What do you think on it ?

BubblyCupcake
BubblyCupcake

It can be common. Especially if it’s an early startup. Did they mention about it in any mail ?

SparklyBoba
SparklyBoba

My mantra is simple in the corporate world.. Get everything in writing.

SparklyDumpling
SparklyDumpling

Just check once with the recruiter or an existing employee

ZippyPickle
ZippyPickle

ESOPs aren’t mentioned on offer letter. Take a post-dated grant letter.

QuirkyNugget
QuirkyNugget

Is esop the deal breaker? If you don't get it will you not join?

GroovyBiscuit
GroovyBiscuit

Yes

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