Education: MTech(CSE) from Tier-1
Years of Experience: 5
Current Company: Oracle
Location: Bengaluru (Currently WFH from hometown)
Title/Level: SDE-2
Current Comp: 28L base + 3 L joining bonus (first year + second year) + 12.5L RSU every year
1st year (Base + JB + RSU): 28L + 3L + 12.5L = 43.5L
2nd year (Base + JB + RSU): 28L + 3L + 12.5L = 43.5L
3rd year (Base + RSU): 28L + 12.5L = 40.5L
Offer details
Company: Goldman Sachs
Location: Bengaluru (5 days in work from office) - need to relocate
Title: Associate
offered salary: 35L Base + undisclosed yearly performance based bonus. (according to HR - I can consider 5-7L annual bonus)
Relocation: 1L
Signing Bonus: No
RSU: No
Other: Agreed to comp off the lose of first year JB (3L) and 12.5L for Oracle RSU which will vest after few months.
Total comp:
1st year (Base + pro-rata annual Bonus + Relocation + first year RSU and JB comp-off): 35L + 1L + 1L + 15L = 52L
2nd year (Base + annual Bonus) - considering 6L bonus in avg case : 35L + 6 = 41L
3rd year (Base + annual Bonus) - considering 6L bonus in avg case : 35L + 6 = 41L
Plz help me to evaluate/negotiate this offer... I do not have any other offer in hand.
Thanks.