Hi,
I am currently working in xyz(b2b,b2c e-commerce company startup - a big one) as Software Dev with 2.5 YOE.
My current Base pay is 17LPA and I have some ESOP worth (5.5 lacs till Mid 2023 + rest x lac after that)
The base pay being very low compared to the amount of work done by me, I am looking to switch to a higher base.
So now I have an offer from loco.gg with base of 26LPA and 4.5L Esop for 1 year.
Considering xyz will be doing IPO in mid 2023 , should I stay there only ?
But I really want to switch to increase the base pay, it is too low for market standard for my YOE.
Community , need your valuable feedback and help in understanding if I will be making a bad choice if I switch to Loco from xyz ?