Current TC - 31lpa YOE - 5.5 PayPal Offer Role : Software Engineer 3 33 lpa (Including employer PF) + 3.3 lpa bonus + 3 lpa Joining bonus + $50k over 3 years 1st year TC : ~52.5 lpa / 2nd year TC : ~49.5 lpa Deliveroo Offer Role : Software Engineer (L4) 41 lpa (Excluding employer PF) + 4.1 lpa bonus + 5lpa(1st year) & (5lpa 2nd year) joining bonus + No stocks 1st year TC : ~52 lpa / 2nd year TC : ~52 lpa It would be very helpful if someone could share their opinion on the below list 1. How is the work culture at Paypal vs Deliveroo 2. Thinking about recession how is the job security at Paypal vs Deliveroo 3. Planning to relocate overseas in a year. Which is the best bet ? Paypal & Deliveroo folks could you help on how feasible is the internal relocation if I join now. [Edit] - Decided to join PayPal #paypal #deliveroo #offer #compensation #career #software #engineer #relocation #international
Paypal just had layoffs right?
When i asked about this to HM, he told it's very minimal and they target a whole team if the team is not giving out results.
Hi OP. Can you please DM? I used all my DMs for this month
Done.
Paypal has a tendency to fire, in the US mostly. India, it happens in small pockets
Do they pick 1/2 from a team and fire them OR do they fire the entire team (here the team is known to be not performing well)
I have heard horror stories of small Teams giving on-boarding to TCS and then given Severance package of 3 month, this was for an analytics team in Chennai, 5 member. Based on your question, my intuition would say a quota based technique may be applied, fire 5/10 % of the low performers. However, I belive more often than not, nepotism ends up happening, that is the newbie gets axed since he isn't part of the inner circle. Would recommend you to make a poll and see what others have to say. Cheers
Make a poll
Done. Thanks.
Hey OP, I am also in the offer initiation stage. Can you please dm me as I have run out of chats?
Which company?
PayPal Chennai
PayPal will offer better wlb not much to learn Rest and vest situation. Deliveroo is fast growing start-up. Job stability for PayPal India is pretty safe.
Keep the post updated
I've decided to go with PayPal
Have you tried to negotiate Deliveroo offer? I’m expecting an offer from them
I've tried negotiating but they aren't even flexible. So I declined the offer
Right now Deliveroo is not even rolling out an offer for me, they said that there is an internal positions review going on. Does that mean positions can go on hold? Ia anyone else facing this issue with Deliveroo?
No idea mate. Others can help here
@blackstone I’m facing the same. They said I’m waiting for team matching but I don’t know how long I’ll have to wait.. when was your last interview done?
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