Education: B.Tech
Years of Experience: 3.5 (2018 passout)
Prior Experience: SDE2 at a product based company
Date of the Offer: Jan 2022
Company: Indeed
Title/Level: SWE 2
Location: Hyderabad (Chose flex, permanent remote also available)
Salary: 35lakhs
Relocation/Signing Bonus: 20lakhs signing bonus with a clawback of 1 year
Stock bonus: 46 lakhs worth stocks vested over 4 years (vesting schedule 25% after first year, 6.25% per quarter thereafter)
Performance Bonus: 15% of base per year(This is average performance bonus minimum is 10% and max is 20% and performance bonus is paid out per quarter i.e. every quarter on average 3.75% of annual base salary)
Total comp (Salary + Bonus + Stock): 71.75 for first year
Benefits: WFH setup one time 37k INR, if you choose flex or permanent remote 125USD WFH allowance every month, and other standard internet reimbursement and other benefits.