Education: MTech Tier - 1
Years of Experience: 2 years 4 months
Prior Experience: startup
current salary: 22LPA (18.5 fixed + 3.5 variable)
Date of the Offer: october 2021
Company: Oracle
Title/Level: Applications Engineer 3
Location: Hyderabad
Salary: 30 LPA (fixed)
Relocation/Signing Bonus: 0
Stock bonus: 30L vested over 4 years (7.5 per year)
Bonus: 0
Total comp (Salary + Bonus + Stock): 30+7.5 = 37.5
Benefits: Medical insurance and gatuity
Other Offers: Interview Kickstart
Title/Level: Software Engineer
Location: Bangalore (can work remote indefinitely)
Salary: 30 LPA (fixed)
Relocation/Signing Bonus: 3L
Stock bonus: 0
Performance bonus: 2.6 L
Total comp (Salary + Bonus + Stock): 30+2.6 = 32.6 (+3 L for first year, so 35.6 for first year)
Benefits: Medical insurance, workplace allowance (30k per year)
Can you help me decide which is the better offer, I am a little confused, as I keep hearing that there are hardly any hikes in oracle, any insights into this will be appreciated