So I have been offered a letter of intent for working with a private equity firm in India.
However the employment appointment letter is with the portfolio company and not with the PE firm.
Also I have been informed that this role has a profit sharing component ( disclosed in the job description and during discussions)
However there is no mention of it in the appointment letter in the annexure of salary breakup part.
Is this the norm in PE firms? No disclosure of profit sharing in employent contract and it being directly with the portfolio company?
Please help in advising me to make a informed decision.
Thanks.
However the employment appointment letter is with the portfolio company and not with the PE firm.
Also I have been informed that this role has a profit sharing component ( disclosed in the job description and during discussions)
However there is no mention of it in the appointment letter in the annexure of salary breakup part.
Is this the norm in PE firms? No disclosure of profit sharing in employent contract and it being directly with the portfolio company?
Please help in advising me to make a informed decision.
Thanks.