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Does Flipkart buy backs everymonth so that people can get the benefits of their vested esops. I got an following offer from Flipkart and worried about the amount of paper money included in offer Howz refreshers at Flipkart Please provide input in comments YoE 16 Title offered at both the places - Sr.em Base -95L Variable- 20% ESOPs - $230K vesting over 4 years TC ~ 1.57cr Competing offer Paypal - Base 90L Variable 20% RSUs $150K vesting over 3 years TC ~ 1.45cr
FK is better, what's your current TC?
Don't look at just the numbers, better would be to go with PayPal given current worst state of Flipkart Tech and cost cutting strategies, until you like unwanted headache which are not going to help you anywhere.
Which org in Flipkart?
Catalogue experience team. Catalogue MDM and Knowledge Graph is the functions
The last I knew of Knowledge Graph - the project was not gaining traction because of few use cases/less adopters. (one reason was everything a knowledge graph solves could get aolved by some better medium/short term solve). Get more feelers out incase that is going to play a big part in your role.
No where you can excercise ESOPS monthly...only in case of ipo or at time of new investment coming it that too with alot of restrictions
In that case HR is telling lies. So in nutshell that's the paper money and I need to keep fingers crossed for a successful ipo very soon
Welcome to the world of liers and if you join soon you will be compelled to do same as well as part of leadership push or so called initiatives.
With the PayPal stock now at a fairly attractive price, you will get a good amount of RSUs. Something to consider as compared to FK esops which has been delaying its IPO for sometime now. Also, if the markets truly start correcting, like say 20% drop, IPO may not happen soon (most ipos happen at the peak of bull markets when their easy cash).
@swapay Howz refreshers and yearly hike at PayPal for Sr.Em any idea
I suppose you are T-27 in terms of level. So, I don't have much of an idea.
PayPal definitely better. Yearly refreshers would be in the range of 50-60K USD with 3 years equal vesting. Engineering teams Presence in India is increasing so a lot of scope for ownership and visibility. Stable growth and probably better predictable. More than everything, it's profitable proven business and not like FK which is burning investors cash and fighting an increasingly hard battle in the markets
Moving from Adobe to Flipkart. It's a mess, big challenge. Though at EM level doesn't matter much. Still!
With ipo, fk might see bigger jump
Like Paytm? That too if and when it happens?
Paytm was bag of crap since beginning. Fk isn't Ipo is coming soon.