Education: B.Tech in Information Technology from Tier 1 College
Years of Experience: 0
Prior Experience: internship at a startup
Date of the Offer: August 2021
Company: Mindtickle
Title/Level: SDE 1
Location: Pune
Salary: 17,50,000 (Base)
Relocation/Signing Bonus: 1,00,000(Joining Bonus) + 35,000 (relocation Bonus)
Stock bonus: 7,00,000 vested in 4 years
Retention Bonus: 7,00,000 (bonus for the first year 2,80,000, and for the second year 4,20,000)
Total comp (Salary + Bonus + Stock): 17.5 + 1 + 2.8 + 1.75 = 23.05 lpa ( excluding performance bonus ) for the 1st year
Total comp (Salary + Bonus + Stocks for 4 years) = 32.5 lakh ( excluding performance bonus )
Benefits: Medical insurance for parents, spouse, and children (Cover of 8 Lakhs)
Term Insurance of up to 3 times of your Annual CTC or up to 2.5 Cr, whichever is low.
Breakfast, snacks, lunch every day, dinner on late days in addition to company-paid excursions/outings