Education: B.Tech from tier 3 college (2023 passout)
Years of Experience: 1+ year
Date of the Offer: 28th October, 2024
Company: Flexport
Title/Level: Software Development Engineer 1
Location: Bangalore (Hybrid)
Salary: INR 27 lpa
Signing Bonus: INR 2 lpa
Stock bonus: 12000 units of stocks (currently each unit cost $3.15) => 12000 * 3.15 * 83 = 31.3 lacks, vested equally for 4 years.
Bonus: Performance- 10 % of base pay => 2.7 lpa
Total comp (Salary + Bonus + Stock): ~63 lpa
1st year Compensation ~ 40 lpa