Education: BTech Tier-2 College
Years of Experience: 6.5
Prior Experience: Service based companies
Previous TC: 20,00,000 (fixed) + 1,50,000 (variable)
Date of the Offer: October 2021
Company: PhonePe
Title/Level: Software Engineer
Location: Bengaluru, India
Salary: 26,00,000 INR (PF included)
Retirals: 85,000 INR
Joining Bonus: 5,00,000 INR
Stock bonus: 7,50,000 INR aprrox worth of ESOPs per year (40,000 USD for 4 years)
Total comp (Salary + Bonus + Stock): 39,35,000 INR for 1st year, 34,35,000 INR 2nd year onwards
Benefits: Standard Benefits like Health Insurance, relocation reimbursement
Other Details: Rejected, due to the significant lowball, even after the rounds were very good