Education: B.Tech from Tier 1/2 college
Years of Experience: 3.7 years
Prior Experience: Tech lead at a Startup (Joined from college)
Date of the Offer: March, 2022
Company: Microsoft
Title/Level: L61 (SDE2)
Location: Bangalore
Salary: 30L
Signing Bonus: 6L
Relocation: 1-2L
Stock bonus: $80K vested over 4 years
Performance Bonus: Max 6L (Avg: 10% of base)
Total comp (Salary + Bonus + Stock): 51L+
Benefits: Standard Microsoft Benefits
Other details:
Previous compensation: 34 Fixed + ESOPs(36L vested + 27 unvested (Will vest over next 3 years))
They have reduced the base component. Also I preferred L62. But I don't have any other offer to negotiate at the moment.
Does it make sense to take this offer with lower base? Please give some feedback.