Education: BTech
Years of Experience: 0
Year of the Offer: 2021
Company: SRID, Samsung Electronics
Title/Level: SDE 1
Location: India
Base Salary : INR 942,864 (PF and gratuity is included)
Festival Bonus : INR 62,854
Performance Bonus : INR 94,282
Fixed Salary : INR 1,100,000
Relocation: upto INR 45,000
Signing Bonus: INR 100,000 (Given in two parts after 3 months and 6 months , To be returned if 1 year is not served)
Stock bonus: INR 0
Retention Bonus: INR 100,000 first year, INR 100,000 2nd year and INR 50,000 3rd year
Average Total comp (Salary + Bonus + Stock): 13LPA for first year.
First month's salary : INR 66K
Suggestions : SRID considers NITs , DTU and NSUT as Tier 2 and pays its employee way below their standard, Personally, I would recommend not to join them just for the sake of the brand name.