All numbers in Lakh Rs. (INR)
Fixed Annual Bonus: 4
Fixed Joining Bonus: 5
Other Fixed Random Benefits: 0.90
Stocks: 50 for 4 years (25% each each)
Flexible Annual Bonus: 0-4
Flexible Annual Stocks Grant (Equity Refresher): Some value but not clear.
Thus total TC for 1st year: 52.5 fixed to max 58-60
1. Shouldn't the above TC be more than 65 as per recent trend?
2. Am I going for a definite cliff in 2nd year itself?
My offer was this last year -
5 joining bonus
80000$ stocks/4 years
10% target performance bonus
Refresher target of 17.83 lacs
Pretty sure this is the maxed out comp at L4.
Not even sure where you heard 65 lol.
Also, mate you have 4 yoe. Why would you even think 50+ lacs is a lowball? Kids these days 🤦♂️