Education: B.tech in Electronics (Tier 1)
Years of Experience: ~6
Prior Experience: Oracle (2.5Y) Startup(3.5Y)
Date of the Offer: 26th April 2021
Company: Microsoft
Title/Level: L62
Location: Hyderabad
Salary: 36LPA
Relocation: ~1.5
Signing Bonus: 8,00,000 (5 1st year + 3 2nd year)
Stock bonus: 90000 USD (4 years)
Bonus: 0-20% yearly (Target 10%)
Total comp (Salary + Bonus + Stock): ~61.2LPA = 36(Base) + 3.6(Bonus 10%) + 16.6 (90000/4 USD Stocks) + 5 (Joining bonus)
Benefits: Standard MS benefits
Other details: Tried to negotiate, but no change.
Current CTC: 36 LPA (fixed), No variables.
Other offer: Cashfree