is my CTO claiming right or wrong?
Hi,
So I've working in a pre-seed stage startup for 1 year 3+months, Company is still in process to get it's next round of funding, hence my increment is still in half-backed stage. The base was increased from 20L to 30L(promised), Which was my least expected number to stay in the team. To this I retaliated with my background, skills and lesser pay for the last year. but CTO has told me that this is max (or little more) I can get in the current market.
Since the last 3-4 years trend being 2+ years experienced, IIT, GSOC and with leading the backend team, even in this recession market I believe to be paid near or fully 40L base + ESOPs.
Help me if you're active in the job market as seekers/recruiters, if the CTO is right here.
Talking product sense with Ridhi
9 min AI interview5 questions
2+ years experienced even in this recession market 40L base + ESOPs
O...kay then
If GSoC is something you have to explicitly mention to show your calibre, then it speaks volumes of all the miles you're yet to go. In any case, try interviewing at other places and you'll find out the (apparently brutal) state of the market right now for yourself. Good luck!
Only that can be done is to get a counter offer
Apply, clear interview and show that offer to your CTO
@Valorant
Get offer for some big company if you have so high dream of a package. Amazon , Microsoft may give..so apply for those roles.
Startups even if they have budget , should not pay you as your mind set is not upto the mark, understanding of market sense you should have and not expecting over pay all the time.
You deserve such high pay only if becoz of your effort company is also earning and startups net revenue per employee is positive.
cto ke toh zeb se paise jae ge na, tum market se offer leke confront karskte ho sirf, baki sab nonsense hai.
You should stay for other reasons right now, times are tough. If they haven't raised a huge round they must be already struggling.
Dumb market: Yes. You may get more.
What do you need help on here if you believe the market is right there.? You should get the offer and prove your CTO wrong