Asking for a friend working in a startup in India YOE = 8 Current TC : 55 LPA INR fixed 10 LPA INR variable 15k USD esops per annum Offered TC : 360k AED (73 LPA) fixed 30k AED (6 LPA) variable 15k USD stocks Is he being low balled? What's the typical package of an SPM at Careem. Any scope of negotiation here, what can be asked for? #careem #productmanagement #dubai #uber #noon #amazon
What are the esops worth(quality), any unicorn, soonicorn? Staying in India and switching is also a good option. The job market in India is booming ATM.
Yes,they are of a unicorn,but no source of liquidity immediately or in near future. Careem gives Uber stocks
Remember that uber stock has not performed well, and is expected to not perform super well for quite some time
Also uber itself would give a similar offer in india
Imo it would be better to switch in india
That’s a decent package. Bang on average. You could push for more but you may struggle as the market is super competitive right now
Where did you end up joining? How is your experience?
In UAE, it's zero income taxes and ALL the money will be his. Definitely definitely worth it.
But the cost of living is almost twice that of India, so wouldn't that be a factor here to consider. Overall Savings might decrease ?
Only the rent will be noticeably higher. Rest should be fine unless he likes to splurge on luxuries