Hi Fishes, need some input for my hike discussion.

Working with a startup in BLR. 3 yrs pre MBA and 3 yrs post MBA exp. MBA from one of the newest IIMs.

My current pay is around 28LPA (13.5 fixed and 15 bonus). (15L bonus is fixed for next three year as I had to sign an agreement)
Being a startup there’re very less benefits outside of the CTC. Like reimburse for fitness or learning or a good medical insurance etc.

Questions in comment.

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Expecting a hike discussion on Jan, any tips?
I have the below questions/understanding needed.

1- What’s a good mix of Fixed - variable CTC?
2- My variable is 120% of my fixed, is it good for switch? Can I ask other companies to make my fixed ~approx my total CTC?
3- how will it impact my taxations? Same as when whole amount is fixed and very less variable?

Cash bonus being a high percentage of base salary is definitely odd. I would have understood if it was stocks. Sometimes orgs cut down on bonuses in case of bad financial year - so there is a good element of risk with this.

Speaking from experience : the main financial value of working in a startup - if it is successful - is stocks. You get them on the cheap and are able to sell (if things go well) at decent price - and this builds wealth much quicker. So you should ask for those.

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