Current TC: 24.77 LPA fixed. 3.8L worth of stocks per year for the next 4 years
Date of the Offer: June 30, 2021
Company: Oracle
Title/Level: Senior Member of Technical Staff
Location: Bangalore
Salary: 32.2 LPA
Relocation: 0
Signing Bonus: 2 + 2 (First two years)
Stock bonus: 300 units vesting 75 per year
Bonus: 0
Total comp (Salary + Bonus + Stock): 38.4 LPA (32.2 + 2 + 4.2) for first two years
Benefits: Standard benifits. Nothing exceptional
Other details: Negotiated once, original offer did not have signing bonus and stock. Was given two weeks to accept or decline the offer.
Not sure if this is good offer since the fixed component is only hiked 30% from my current fixed amount. What do you guys think ?