Optmyzr SDE1 Salary
Anonymous User
1928

Education: B.Tech in CSE
Years of Experience: 1 Year ( Internship at Optmyzr)
Date of the Offer: March 2022
Company: Optmyzr
Level: SDE1
Base Salary: 11,25,000 INR inclusive of LTA and internet reimbursements
Joining Bouns: 1,25,000 INR
Relocation Allowance: 1,50,000 INR
Performance Bonus: 1,00,000 INR

Long Term Incentive Program: INR 5,25,000 (Payable every year) according to the following schedule:
December 2023 - 75,000 INR
December 2024 - 1,00,000 INR
December 2025 - 1,50,000 INR
December 2026- 2,00,000 INR

Esops: 5000 Stock Units vested over 4 years with 25% each year. ( 5000 units of worth about 3,80,000 INR). So you will get ESOPs of about 95,000 INR (1250 units) each year.

Non-cash benefits: INR 6,00,000 (Includes all meals, snacks, offsite, health insurance, etc.)

The health insurance coverage will be applicable for you, dependent parents, spouse and two
children.

Total CTC: 30,00,000 INR
Total comp for first year: 16,00,000 INR ( not counting long term incentive plan and non cash benefits)

Note: The quality of work in Optmyzr is good. You will get ownership of the product/feature.

Accepted the offer as of now, and working as SDE1.

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