Millennium Management | SDE (August 2024) — Posting So Others Don’t Get Lowballed
Anonymous User
1674

Sharing my Millennium Management, India (Hedge Fund) tech offer from 2024, even though it’s a bit old, I’m posting this to create awareness so others don’t get lowballed like I did.

Background:

  • Education: Tier-1
  • YOE: 2
  • Role: Software Developer
  • Offer Date: August 2024
  • Previous Compensation : 35 LPA

My Offer:

  • Base: ₹40 LPA
  • Bonus: ₹10 LPA (target)
  • Joining Bonus: None (HR mentioned they dont give JB)
  • Other Perks: None worth noting

Later, I found that freshers joining the same role/team were offered:

  • Base: ₹50 LPA
  • Bonus: ₹15 LPA
  • Joining Bonus: ₹5 LPA

So yes, fresh grads were being paid significantly more than someone with 2/3 years of experience from a similar educational background.

👉 If you’re interviewing at Millennium in India, please benchmark carefully, ask around, and push for fair compensation. There’s a massive variance across teams and profiles, even within the same firm.

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