Education: Bachelors in Computer Science and Engineering
Years of Experience: 5
Prior Experience: Product Based
Prior Compensation : 23 Base + 3.5 (Variable)
Date of the Offer: March 2022
Company: Walmart Global Tech
Title/Level: Software Development Engineer 3 (IN 3, verbally informed by Hiring Manager for promotion to IN 4 in January 2023. Salary would change as per IN 4 band) [Expected to perform well :p]
Location: Bangalore, India
Salary: 29,65,000 INR (Fixed Part)
Relocation: Would be reimbursed upon receipt
Signing Bonus: 3,00,000 INR (1 Time, need to return if leave company before 24 months)
Stock bonus: INR 8,48,100 stock grant vested over 4 years (4,24,500 RSU + 4,24,500 New Joiner RSU)
Bonus: 5,66,000 INR (Performance-based bonus up to 20% of gross salary every year)
Total comp (Salary + Bonus + Stock + Joining Bonus): 40,55,000 (TC First Year)
Standard Walmart Benefits : 18 paid vacation days + 12 paid sick leave days + 10 paid national holidays + 2 paid floater days + 3 days paid relocation leave + Mobile bill reimbursement upto 36000 INR +30,000 INR for mobile device every 2 year(official purpose) + other standard walmart benefits (Brokreage of house rental upto 1 month rent, tranportation of household goods, vehical transfer, travel tickets of self and immidiate family members, 3 weeks accomodation, Company cab and shuttle, E-learning subscription of linkedIn learning and O-Reilly)
Other details: Didn't negotiated the offer as this is the first company I am interviewing with after long time and no other offers in hand. Was given 3 business days to accept or decline the offer.