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Hi All,
Persistent Systems is giving 10% variable on gross annual CTC. HR says you would receive minimum 70% of variable pay every month and remaining 30% will credited once a year at the end.
Does anyone has idea on this? Can I believe this and include 70% variable in my take home
Persistent Systems Limited
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Look into how much funding they are getting, who is giving that funding, how large they plan to be in the beginning (and how long their funding can sustain that), their business model, the feasibility of their product actually being successful, how they are implementing their product and if that is likely to work, and then look at their leadership - look for signs of maturity, flexibility and organizing capabilities, and previous experience.
The only thing I would add is to ask questions to find out what their expectations are, what your team will be like, and what plans are already in place. Some startups are realistic, but others genuinely expect one person to give them the world and all within an unrealistic deadline. They aren't experienced enough to understand what is actually possible.
Thank you very kindly, I will keep these things in mind
There's tons of "filters" you should keep in mind. The CEO, for example, is incredibly important because he/she is the face of the startup. What are their values? Do they live them out? That will give you a glimpse of the culture of the srtartup itself and if it's a good fit. What causes do they support? How do they present themesleves? You want to make sure the startup is a company you can be proud of, otherwise, it's just another job.