Have Offers from Zeta and Morgan Stanley for Bangalore Location.
Currently working as Associate at one of the IB Giants
Current CTC: 24 LPA (21 Fixed + 3 Variable)
Current YOE: 4.5 years
Below is Total Breakup
Zeta
Designation: SDE 2
Base: 39LPA
Bonus: 3 Lakh Joining Bonus + 5 Lakh retention bonus for the second year
Relocation: 1.5 Lakhs
ESOPs: 19.5 Lakhs worth of ESOPs with vesting period of 10/20/30/40 over four years
Other Benefits: Standard Zeta Benefits
Morgan Stanley
Designation: Manager (I am told this a purely technical role and won't be managing anybody)
Base: 41 LPA
Bonus: 6 Lakh one time joining bonus
Relocation: 2.5 lakhs
Others: Will be eligible for year end variable bonus in the region of 3-4 lakhs
Other Benefits: Standard Morgan Stanley Benefits
I am really having a hard time in choosing between the two offers. I am more inclined towards Zeta due to it being a more technical role but Morgan Stanley seems to be offering a much better compensation atleast for the first year.
Would like the community's opinion on this.