Education: Btech from a Tier 3 College
Years of Experience: ~6.5 years
Prior Experience: Backend Developer
Current and past experience? Renowned start-up with current CTC = 34.5LPA excluding ESOPS.
Date of the Offer: 17th Feb 2020
Company: Microsoft
Title/Level: SDE - II
Location: Bengaluru
Salary: 30 LPA (Base)
Relocation/Signing Bonus: 10 Lakhs ( 6 + 4 conditions apply as Microsoft standards)
Stock bonus: 1,00,000 USD (25% after the first year and then quarterly vest) ~ 76,00,000 INR on present day conversion
Bonus: upto 6 LPA(20% of salary but performance dependent)
Total comp (Salary + Bonus + Stock): 30 + 6 + 6 + 19 ~ 61 LPA ( considering present day conversion rate)
Benefits: 19k per year + Free food and Cab Facility( when I get to go to office though)
Other details: Had a competing offer from Hotstar of 53 LPA