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: Microsoft IDC
Title/Level: Software Development Engineer 2 (L-61, Know they lowballed here)
Location: Noida, India
Salary: 26,50,000 INR (Fixed Part)
Relocation: Would be reimbursed upon receipt, But not required as its my home location
Signing Bonus: 4,00,000 INR (1 Time, need to return100 % if left under 6 months, 50 % under 12 months)
Stock bonus: 50,000 $ ~ (38,00,000 INR)
Bonus: 5,30,000 INR (Performance-based bonus up to 20% of gross salary every year)
Total comp (Salary + Bonus + Stock + Joining Bonus): 45,30,000 (TC First Year)
Standard Microsoft Benefits : 30,000 INR Gym membership year, Car Lease, House Lease, ESPP program, Travel tickets of self and immidiate family members, 1 Month accomodation, Company cab and shuttle, E-learning subscription of LinkedIn learning and Pluralsight)
Other details: Was given 2 business days to accept or decline the offer, They didn't negotiate to be honest quite rude and rigid with policy.