Education: Masters in CSE from Tier 3
Years of Experience: 8.5
Prior Experience: Backend Developer
Current and past experience? Working at an MNC with current CTC = 24LPA (24 + 1.5)
Date of the Offer: Apr 2022
Company: Microsoft
Title/Level: Software Engineer 2 (L62)
Location: Bangalore
Salary: 34,00,000 INR
Relocation/Signing Bonus: 2,00,000 INR valid if you stay at least a year
Stock bonus: 50,000 USD ~ 38,00,000 INR over 4 years
Bonus: 0-20% (6,40,000 INR)
Total comp (Salary + Bonus + Stock + Joining Bonus): 51,90,000 INR for 1st year
Benefits: 19k per year as Fitness benefit, Free meals(upto 200Rs a day), Cab services
What does the community thinks about the offer? Is it lowballed?
I did not have a counter offer.