Today I got an offer from Texas Instruments,
- Education: B.Tech in CSE from NIT Durgapur
- Years of Experience: 2 Years 9 months
- Prior Experience: Wipro (6 months) Qualcomm(2 Years 3 months)
- Prior Compensation : Base : 12.5 L, Bonus : 3L, Stocks:- 10K usd vested over 3 years,
- Previous TC :- 17.9 L (For current Year)
- Date of the Offer: June 2022
- Company: Texas Instruments
- Title/Level: Engineer (Same as SDE 2 )
- Location: Banglore
- Salary: INR 2600000
- Relocation: Reimbursment of All Bills
- Signing Bonus:INR 500000 (First Year) + INR 500000 (Second Year)
- Stock bonus: $10k USD vested over 4 years (25% Each year)
- Bonus: Performance-based bonus 20% of Base [5.2L] every year.
- Total comp (Salary + Bonus + Stock): 26L+5L+5.2L+2.6L (10K USD / 4 converted to INR) ~ 38.8 Lakhs (for first year), 38.8L(second year), 33.3L (3rd Year)
- Benefits: Health Insurance, Meal Card, Internet reimbursments, Car Lease Policy, Fuel reimbursments etc
- Other details: Negotiated once, original offer was 24L as base. I have been given 2 days to accept or decline the offer.
- Other Offer: I got offer from Rizzle https://leetcode.com/discuss/compensation/2122662/Rizzle-or-Engineer-(L4)-or-Hyderabad
- Initialy I gave them rizzle offer and then asked them to match it. They gave much better offer. Then rizzle matched the offer and then I asked TI to match it again so got 26 Base.
- Interview Experineces: