- Education: BE IT (Well-known tier 3)
- Years of Experience: 2+ years
- Prior Experience: Fintech MNC
- Prior Compensation: 9.5 LPA
- Company: Amazon India
- Title/Level: SDE1
- Location: Bangalore
- Month of offer: August 2021
- Compensation:
- Base: INR 18 LPA
- Signing Bonus: INR 6.5 lakh (1st year) & INR 3.8 lakh (2nd year)
This is awarded every month on pro-rata basis - Stock Bonus: 5 RSUs
(Vesting: 5% in 1st year, 15% in 2nd year, then 20% every 6 months ==> i.e. total 4 years) - Relocation Bonus: INR 1.5 lakh (one time lump-sum)
- Benefits: Standard Amazon Benefits (food card, internet/gym reimbursement, etc), worth INR 75,000 PA
- Total 1st Year Compensation (Salary + Bonus + Stock): INR 26 lakh
- Other details:
- Decision: Accepted the offer
- Competing offer: INR 22 LPA (INR 20.5 LPA Fixed Base) in another Fintech MNC
- Negotiations: I took my time to negotiate the compensation, because although I had a very good competing offer, I was still offered with a good but not so great an offer. I carefully heard recruiter's initial offer, and negotiated it then and there. Later, after a little increase in the offer, I still asked for more time to analyse the offer and do more research. Post that, I scheduled another call to negotiate further. I am mentioning all this just to remind everyone to:
"Never settle for less. If you know you deserve more, simply ask. Just make sure you're respectful, polite and professional when you do so."
Comments (2)