Microsoft | SDE | L59 | New Grad | Hyderabad
Anonymous User
9668
  • Education: B.tech in CSE
  • Years of Experience: 0
  • Date of the Offer: June 2022
  • Company: Microsoft
  • Title/Level: SDE (L59)
  • Location: Hyderabad (Hybrid)
  • Salary: INR 15,00,000 per year
    • Basic Pay: INR 7,08,000 per year
    • Allowances: INR 7,92,000 per year (Employer PF, HRA, LTA, Special Allowance)
  • Relocation: INR 3,59,000 (INR 3,00,000 LumpSum + INR 59,000 Allowance)
  • Retention Bonus: INR 5,00,000 (INR 2,50,000 for 1st year + INR 2,50,000 for 2nd year)
  • Performance Bonus: 0 - 20% (usually 10% ~ INR 1,50,000)
  • Stocks/ RSUs: $35,000 ~ INR 27,00,000 (25%/ year vesting cycle)
  • Total comp (Salary + Bonus + Stock): ~ INR 26,00,000
  • Benefits:
    • Sick/ Casual Leaves: 32 (12 Sick + 20 Casual) paid leaves per year
    • Other Leaves: Public Holiday, Maternity, Adoption/Surrogacy, Paternity, Bereavement and Caregiver Leaves
    • Medical Insurance: upto INR 5,00,000 cover (with option to include parents)
    • Personal Accident and Life Insurance: upto INR 45,00,000 cover (3X of Base Salary)
    • Tuition Assistance: upto INR 2,00,000 cover for tuition fees for higher studies
    • Childcare: INR 5,000 per month per child (3 months to 8 years old)
    • India Perks+: upto INR 30,000 per year (reimbursable for physical, mental and emotional, and financial wellbeing)
    • Gratuity: INR 34,000 per year (capped at total of INR 20,00,000)
    • Hybrid Work: Can be availed immediately on or after joining (with discussion and permission from reporting manager)
    • Other: Employee Assistance Program, World Wide Emergency Policy, Car and Accommodation Lease Policy
  • Other details: On-campus (Pool Drive) Opportunity
  • Interim Offer: here
  • Interview Experience: here
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