Revised Compensation after negotiation.
Education: B Tech from Tier 3
Years of Experience: 2.10 years
Prior Experience: Software Engineer at Paytm
Prev Comp: 19,00,000 (All fixed)
Date of the Offer: May 2022
Company: Paypal
Title/Level: SDE-2
Location: Chennai
Salary Base: 23,00,000 (excluding gratuity)
Annual Incentive Program: 2,30,000 (Depends on Company Performance)
Signing Bonus: 6,00,000 (4,00,000 in 1st year; 2,00,000 in 2nd year. Conditional bonus which requires 12 month retention from the date when the bonus is credited)
Stock bonus: $ 21000 vested over 3 years
Total comp (Salary + Bonus + Stock): ~ 34,00,000 (first year)
Is the compensation still good enough to join Paypal as I was looking for rise in base pay and not on other components?
Compensation details before negotiation:- https://leetcode.com/discuss/compensation/2040290/Paypal-or-SDE-2-or-Chennai