Grab Singapore package, lowballed?

CSC tAAe27
Mar 28 15 Comments

Grade 4
Base: 9K * 12 = 108K
Bonus: 15%
Stock: 5K units in 4 years

YOE: 7

All in SGD

How is the package? I feel the stock is extremely low.

It seems only Grade 5 or above staff can have refresher which comes from annual bonus(up to 50%). Is it the case? And how hard is it to get from Grade 4 to 5?

Any advise is appreciated.

comments

Want to comment? LOG IN or SIGN UP
TOP 15 Comments
  • Amazon xiYj64
    SGD or USD? Where are you from OP?
    Mar 28 1
    • CSC tAAe27
      OP
      SGD, from Singapore
      Mar 28
  • It’s a lowball. I got a better offer for Grade 3 from another company in SIngapore
    Apr 9 3
    • Works Applications / Eng bizclass
      Which company is that
      Apr 9
    • CSC tAAe27
      OP
      Hi happytummy, I know there are other companies can pay better than Grab. But is it lowballed in Grab?
      Apr 9
    • CSC tAAe27
      OP
      And what is the company? Thank you
      Apr 9
  • Apple / Eng Sid Meier
    Seems too low for me, especially RSUs, grade5 is getting like 40k.
    Try to get some counter offers, there are plenty of banks in Singapore that could offer more. Use them to get at least 10k/month + 20-30k rsu
    Mar 28 3
    • CSC tAAe27
      OP
      Thanks for your advice. I have to time to interview other companies. Need to make decision by next week.

      From blind, there's one guy from India offered same base but 24K stocks. Can I use this to negotiate. Sounds not very convincing
      Mar 28
    • Apple / Eng Sid Meier
      I doubt that you can negotiate based on that. Unfortunately, the only way to negotiate is to have a counter offer. Otherwise, the company will always offer you the minimum. It applies to ALL companies.
      You can tell Grab that you are in the process of interviewing with other companies and can make a final decision after you finish all the interviews. That could give you some exta time beyond that week.
      Mar 28
    • CSC tAAe27
      OP
      Thanks for your advice. Will try
      Mar 28
  • Autodesk xuxv25
    108k in Singapore is decent pay for someone with 7 YOE.
    Mar 28 3
    • CSC tAAe27
      OP
      I agree. But the stock is extremely low, same grade in Seattle get 40-50K units stocks
      Mar 28
    • Autodesk xuxv25
      Might well be the case. What is grab’s stock worth anyways?
      Mar 28
    • CSC tAAe27
      OP
      I don’t know, may be 6-7 as per blind. But 5K vs 40k, that’s huge difference, no matter how much is the price
      Mar 28
  • New / Product pEWi67
    Hey OP, how did the negotiations go for you?
    May 29 0