Background

• Education: Tier-1 (Non IIT)
• Experience: 7.8 Years
• Designation: SDE 3
• Current TC: ₹31L (Fixed) + 20% Variables
• Current Company: MNC

Atlassian Offer (P40 & Remote)

• Base Salary: ₹47,00,000
• Retirals (PF): ₹2,26,000
• Performance Bonus: ₹7,00,000 (Target: 15% of base)
• Stock: $61,000 USD vested over 4 years (≈ ₹13,89,000 per year)
• Signing Bonus: ₹2,50,000

Note: Negotiated twice only to increase all the components by 1-2L.

UK Based Fintech Startup (SSE & Hybrid in Banagalore)

• Base Salary: ₹54,00,000
• Retirals (PF): NA
• Performance Bonus: NA
• ESOPS: ₹40,00,000 vested over 4 years (Series A funded)
• Signing Bonus: ₹3,00,000

Note: It's a contract based role hence huge savings in taxes but no other benefits and afraid of job security as well.

I have gone through many comments citing declining work culture at Atlassian hence a bit skeptical. At the same time, I was downrated after interviewing for P50 at Atlassian but I have mostly worked with MNCs hence a bit afraid of taking up a contractual role. Please advise!