✅ 300 Company Compensation for Freshers in India - 2022-2023
Anonymous User
270186
CTC Global Sdn BhdIndiaCompensation
  • The data has been sorted in-terms of a sort-of descending order
  • The CTC is the inital package that is usually being offered for freshers. It may include the 4 Years Vested Tax - Check in Details Column

Side Observations from the below list:

  • Average is 17.9
  • Aproximately 87 Companies on the list pay more than 20 CTC

If you find a correction, drop a comment.
If I missed out any company, drop a comment.

NOTE: Best to view on a desktop/laptop.

Index NoCompany NameRoleCTC (In Lakh)Internship (In Thousand)Details
1Tower Research444,00,000Salary: 3,000,000 INR Signing Bonus: 600,000 INR Bonus: Performance-based bonus ( 800,000 - 1,800,000 INR ) Total comp (Salary + Bonus): ~4,400,000 INR
2Microsoft IndiaSWE46125,000Relocation/Signing Bonus: INR 5,00,000 Stock bonus: 35K USD Bonus: upto 20% of base (based on performance) Salary: INR 15,00,000 Relocation: INR 3,60,000 Total compensation: INR 15,00,000(base) + 2,50,000(joining bonus) + 7,00,000(stocks) + 1,50,000 (yearly bonus) + 3,60,000(relocation)= 29.6 lakhs(first year)
3Nutanix47.91,20,00022LPA + 5.8L stocks + 1.5 JB + 1.25 relocation bonus
4UberSDE 1611,60,000Base ₹2,100,000Retirals ₹157,600 Includes Employer PF + GratuityJoining Bonus ₹200,000 Lump sum payout in first payroll cycle (after due witholding of taxes) with 1-yr claw backNew Hire Stock Grant ₹767,520 1 = INR 74.88)Target Cash Bonus ₹240,000 Actual Performance bonus would depend upon the performancePerks (per annum) ₹138,000.00Uber free rides worth INR 44,000+ Wellness Allowance worth INR 58,000 + Mobile Allowance worthINR 36,000. Actual Value would depend upon the dollar conversion rate. (current currencyconversion factor of $1 = INR 74.88)Relocation Allowance ₹200,000.00 Reimbursement on actuals basis eligibility.TOTAL First Year CTC ₹3,803,120.00
5CREDSDE 146Salary: INR 22,00,000 Signing Bonus: INR 2,00,000 ESOPs: INR 22,00,000(vested overy 4 years - 10%, 20%, 30%, 40%) Total comp(1st year) : 22L + 2L + 2.2L (10% of Esops)
6AdobeMTS441,00,000Fixed Salary: 13.5 Lakhs Variable: 1.35 Lakhs PF: 76k Joining Bonus: 3 Lakh Deferred Bonus: 2 Lakhs (after completion of 11 months) Stock Bonus: 20 Lakhs (vested over 4 years, 25%) Relocation Bonus: 2 months of Basic pay ( ~1 Lakh ) + other expenses reimbursement
7SalesforceMTS4290000
8AmazonSDE451,43,600Base salary: ₹ 19,17,000 Signing Bonus: ₹ 11,65,000 (₹ 6,47,000 1st year + ₹ 5,18,000 2nd year) Stock or RSU: ₹ 15,56,000 (vested over 4 years) Total CTC: ₹ 46,38,000
9SprinklrProduct Engineer302,00,000All base
10Palo Alto NetworksQA/Dev/DevOps54.751,00,000Base Pay 1,700,000Employer contribution to PF 102,000Bonus: 10% 170,000RSU 1000) 78,000Sign-on Bonus (One time) 500,000Total CTC 5,475,000 + 1.5L Relocation
11BNY MellonSDE 121-24Base: INR 17,00,000. Joining Bonus: INR 3,00,000. Relocation: INR 50,000. Retirals (PF/Gratituity): 1,14,000. + Bonus
12Atlassian83.4Base Salary: 20,80,000 Relocation/Signing Bonus: 50,000 Stock bonus:$75,000 (vested over 4 years) Bonus: 10% of the base - Now the Stock Probably differs
13BharatX54100,000
14ZomatoSDE 145Base: 20 ESOPS: 20 (5L Each Year)
15App DynamicsSoftware Engineer44.2Fixed Salary 1400000 Fixed SalaryProvident Fund 84000 PF & Gratuity are retiral benefits which are paid as per Government guidelinesGratuity 33600Performance Bonus (on target) 70000 Paid Annually and will vary by company & Individual performanceTotal 15,87,600 TotalSign on Bonus 600000 One-time sign-on bonus is payable in two (2) equal instalments, payable at the end of 1st year(13th month) and 2nd year(25th month) from your employment start date(paid in two equal instalments)Relocation Bonus 116667 Applicable for Employees relocating from a different City - One Time onlyRSU 25,000 Total CTC
16Expedia Group4035,00012.1 LPA (Fixed) + 5000 USD (Relocation Bonus – If applicable) + 30000 USD (Restricted Stock Units)
17Electronic Arts3814.5 LPA + 30,000 $ RSU
18Media.net381,00,000
19MeeshoSDE 137Base: 20 Joining Bonus: 3 ESOP: 14
20MeshoSDE 137Salary: 20,00,000 Relocation/Signing Bonus: 3,00,000 Stock bonus: 14,00,000 worth ESOPs over 4 years (25 %)
21DE Shaw & Co36.5150,000
22Arcesium36100,000
23Data Insights3665,000Rs. 28.0 LPA fixed + 5 LPA joining bonus + 3 LPA Graduation bonus
24Trilogy Innovations ( codenation)361,50,000
25AirbnbSoftware Engineer34.8133,000
26Visa34.580,000
27PayPal34.450,000
28Qualcomm34.3545,000Total Gross PayINR 14.17 LRetirals (PF and Gratuity)INR 0.75 LPerformance Bonus INR 1.35 LJoining BonusINR 5.00 LRelocation Bonus ( Paid within 60 days )INR 0.50 LRestricted Stock Value Awards (Vesting in 3 years ) INR 12.00 L ( $ 16000)
29ShareChatSDE 13420 lkh base 2 lkh performance bonus 10 lkhs esops (2.5 lkh each yr) Gratuity and Insurance 54K Standard benefits, 250 worth Zomato coupons each day etc
30Texas InstrumentsDigital Internship32.5645,000
31Texas InstrumentsEmbedded Software Internship32.5645,000
32Commvault Systems Pvt LTD3140,000
33Linkedin31
34Blinkit (Grofers)SDE 131Salary: 28LPA Signing Bonus: 3LPA
35Apollo247Software engineer3020 lpa + 10 lakhs of Esops
36Apollo247Data Scientist3020 lpa + 10 lakhs of Esops
37Pocketpills (Casahealth Tech Pvt Ltd)3040,000
38nurture.farm29.890,000
39Razorpay29Fixed1519231Variable0Total Cash1519231Retirals80769CTC1600000Sign On200000Retention100000Equity / Year1000000Relocation100000TCTC2900000
40Morgan StanleyAnalyst in Technology Division28.331,00,000Base : 13,00,000PF : 78,000Projected Discretionary Year end Bonus : 130,000Sign On bonus: 200,000Relocation Allowance (Only If Eligible) : 475,000Retention Award : 700,000Total : 28,83,000
41Zynga2880,000
42Hella Infra Market Private Limited27.550,00015,00,000 L Fixed+ 2,00,000 PB+ 10,00,000L Stocks+ 50,000 Relocation.
43Cure.fit27
44JUSPAYSoftware Developer2740,00027 LPA for Software Developer( 16 lakhs base + 8 lakhs retention bonus( 2lakhs / years ) + 2 lakhs benefits+ 1 lakhs joining or relocation bonus
45Providence2740,000Total CTC 27,00,000Fixed component in CTC15,23,900Variable component in CTC76,195Joining Bonus (first month)2,00,000Retention Bonus Year 1 (completion of Year 1)3,00,000Retention Bonus Year 2 (completion of Year 2)3,00,000Retention Bonus Year 3 (completion of Year 3)3,00,000
46ProvidenceSDE 12740000Fixed Salary: INR 16,00,000 Signing Bonus: INR 2,00,000 Retention Bonus Y1 : 3,00,000 Retention Bonus Y2: 3,00,000 Retention Bonus Y3: 3,00,000
47Human HoldingsData science26.65
48Walmart Global Tech IndiaSoftware Development Engineer 226.51,00,00019.5 Lpa +4 L joining bonus &3 L New hire RSUs
49Human HoldingsSoftware engineer25.36
50Gullak MoneySoftware Engineer2540,000
51OfBusiness25Fixed = 13,00,000 PAVariable = 1,00,000 PA (to be paid on quarterly basis subject to performance)Retention Bonus = 1,00,000 (to be paid on completion of 1 year)ESOPs = Worth 8,00,000Additional benefits = Medical Insurance = 2,00,000 PA + Gratuity (as per company’s policy
52CISCOSoftware Engineer – Network/Embedded/Application Development24.73
53CISCOSoftware Engineer - Internal Applications24.73
54SAP Labs24.535,000
55Flexcar IDCSDE 124.15
56SemblyData Scientist (NLP)24100,0001. For Data Scientist (NLP) Internship: INR 1,00,000 per month2. For Data Scientist (NLP) Full Time Employment: INR 2,00,000 to 3,00,000 per month
57Wellsfargo23.590,000
58Steradian Semiconductors Pvt Ltd2320,000
59SliceSDE 123Base: 21
60Silicon labsEngineer / Associate Engineer - Software Design22.98Gross Fix1,150,000Retirals96,454Annual Bonus115,000Sign-On Bonus160,000Retention Bonus200,000RSU - USD 7500577,500Grand Total2298954
61BYJU'S22
62Cashfree2235,000Overall CTC22 LakhsCash component10 Lakhs Fixed+ 1 variable pay+ 1 PerksESOPS10 lakhs vested over 4 yearsStipend35 Thousand/Mont
63Goldman Sachs22
64HarnessSDE2280,000
65Komprise India PrivateSoftware Engineer2250,000
66Maxlinear Technologies2225,000
67JP MORGAN CHASE21.5INR 75,000 per month + One time Relocation allowance of INR 85,000Fixed Pay – INR 16,25,000Relocation Allowance – INR 1,25,000Joining Bonus – INR 2,00,000Incentive Compensation – INR 2,00,000Total Compensation – INR 21,50,000
68CHARGEBEESoftware Engineer2121 LPA + ESOPS (post conversion)
69HyperVergeDeep Learning Intern2145,000
70JUSPAYProduct Engineer2140,00021 LPA for Product Engineer14 lakhs base + 4 lakhs retention bonus( lakhs / years ) + 2 lakhs benefits+ 1 lakhs joining or relocation bonus.if converted
71Samsung Semiconductor India Research2150,00016 Lakhs PA + 5 Lakhs retention bonus ( 2 year)
72Schlumberger2140,000
73Udaan2170,000
74NykaaSDE121Salary: 15 Lakh Stock bonus: NA Variable Bonus: 3 Lakh (18 LPA) Joining Bonus: 2 Lakh Relocation: 1 Lakh
75CASA RETAIL AI6020,000CTC: 10 LPA + 50 Lakh worth of stocks vested over a period of 4 years. (if converted)
76Kaleyra20.2420,000Total - Fixed800000Variable (paid annually)80000Anniversary Bonus (paid annually)160000Retention Bonus (paid annually)240000RSUs (Vested annually)744000Total Compensation2024000
77FAREPORTAL2015,000
78JUNGLEE GAMES2040,000
79Komprise India PrivateSoftware Test Engineer2050,000
80LetsTransport20Ranges from 18-20
81Richpanel2040,000
82Siemens EDADev2040,000
83SquadStackProduct Engineer2035,000
84OyoSDE 120Salary: INR 1800000 Relocation: INR 100000 Signing Bonus: INR 100000
85AtlanBackend Engineer Site Reliability Engineer Infrastructure Engineer Security Engineer2050,000Offered to B.Tech Freshers
86VMware19.9750,000MTECH
87Nation with Namo19
88PayU1970,000
89Cloudera18.9945,000
90Airoha Technology18.845,000
91AMAZON INDIABusiness Analyst18.4170,000
92AMAZON INDIAResearch Analyst18.4170,000
93Oracle GBU18.250,000
94Audify Tech1850,000
95CITI Bank (CISPL)18
96Jubilant FoodWorks1850,000
97MAKEMYTRIP1835,000
98MathWorks India1855,000
99Voxela, Inc.1840,000-60,000
100CISCOConsulting Engineer17.97
101CISCOSoftware Consulting Engineer17.97
102CISCOTechnical Consulting Engineer17.97
103CISCOSite Reliability Engineer17.97
104American Express17.7885,000
105Hewlett Packard Enterprise17.540,000
106JioSDE17.550000Salary : INR 14,50,000 base Joining bonus : INR 1,50,000 Annual bonus : INR 1,50,000
107Amagi Media LabsSoftware Engineer1730,00014 LPA + 3 Lakhs bonus
108BarclaysBusiness Analyst17
109Cogoport1750,000
110Fastenal1745,000
111HyperVergeSoftware Development Engineer Intern1735,000
112IBMISL17(16.25 base + 0.75 retirals) + 1.5 joining + 50K relocation
113SWYM CorporationAssociate Software Engineer17
114Tekion India Private limited1750,000
115Sabre Corporation16.8440,000
116Cradlepoint16.6344000
117Enphase Energy16.6BaseBase + RetiralBonus %RSU Amount / NumberJoining BonusCTC11300001205000565002,50,0001,50,0001661500
118Publicis Sapient16.645,000
119Texas instruments16.245,000
120Air Asia1625,000
121Bosch Global Software Technologies1625,000
122Celigo1630,000-Full time employee FTE – CTC INR 16 LPA· -CTC Breakup - 12 L (Base) + 3 L (Joining Bonus) + 1 L (Additional benefits)· -Internship stipend- INR 30,000 Per month
123Codemantra1625,000
124MONEYVIEW1640,000
125Addverb Technologies15.9
126SandvineSoftware Engineer/Test Engineer15.8360,000
127BAKER HUGHES15.230,000
128Philips Lighting (Signify)15.232,000
12942 Gears1510,000
130asterdmhealthcare1525,000
131BLACKROCKRole 21550,000
132Bluebird India R&D Center Pvt Ltd1525,000
133ConveGenius1525,000
134Euler Motors15CS IT- 15 LPAECE EEE Mech – 10 LPA
135GSK Global Capability Center15
136HarnessSDET1560,000
137IDrive Software India Pvt Ltd15
138KIMBERLY CLARK1525,000
139Luganodes1540,000
140Pine Labs15
141Quicket Solutions1535,000
142Tata Digital15
143Urjanet - An Acardia Enterprise1535,000
144Info Edge (Naukri)14.9660,000
145Société Générale14.9632,500
146Trellix14.83
147Samsung R&D Institute India14.540,000
148Sapiens Technologies14.25
149Thorogood Associates14.15
150Axxela14.120,000
151Ion GroupDEV/CS14.113.6L + 50K relocation = 14.1L
152Affinsys1430,000
153Bain Capability Network1440,000
154Databricks1450,000INR 9.45 lacs cash component (split - 9 base pay + 5% bonus) + stocks (approx. stock earnings 3-4 lacs range per year)
155fujitsu1440,000
156IAMNEO149 Months Internship during Final year - First 6 months - 10K/month, Next 3 months - 15K/monthLast date for RegistrationYear 1 - 5 LPA (Includes fixed, variable and retention bonus), Year 2 - 6.25 LPA (Includes fixed, variable and retention bonus), Year 3 – 7.5 LPA (Includes fixed, variable and retention bonus)
157Mad Street Den1421,5009-14 Variable CTC
158McKinsey & Company1470,000
159Microchip Technology14Bachelors – 10 Lakhs CTC + Stocks(Approx. 4L for 4 years)
160Natwest GroupSoftware engineer14MTECH 14 lacs p.a.+ Performance Bonus1+ Gratuity2 + Benefits3
161Plotline1455,000
162Siemens EDAQA1440,000
163SWYM CorporationCustomer Support engineer14
164Zee Entertainment Enterprises Ltd1435,000
165Dish Network Technologies13.9725,000
166FLIPKART NEEV INTERNSHIP13.5250,000NON CS IT ECE
167AMAZON INDIAManager I, Operations13.570,000
168Western Digital13.535,000
169OneShot.ai13.230,000
170Kinaxis India Pvt LtdSoftware Developer13.150,000
171BlaizeSoftware Engineer 113
172Dotpe Pvt Ltd1325,000
173Epsilon1330,000
174FreoQA and SDE13
175Institutional Shareholder Services India Pvt. Ltd1330,000
176Natwest GroupSoftware engineer13BTECH 13 lacs p.a.+ Performance Bonus1+ Gratuity2 + Benefits3
177Titan1350,00012 LPA +1 LPA joining bonus
178Bajaj Finserv12.8135,000
179John Deere India Pvt. Ltd.12.63
180BLACKROCKRole 112.550,000
181Ericsson (R&D)12.530,00011L Fixed + 1.5L Joining Bonus
182HAVELLS INDIA LIMITED12.51. CTC: 8 Lacs PA Plus.2. Settlement Allowances at the time of joining (1 Lacs).3. Retention Bonus after 1st Year: 1 Lacs.4. Retention Bonus after 2nd Year: 1.50 Lacs.
183UBS12.5
184MICROFOCUS12.4530,000
185Shell India12.4
186Dell Technologies12.3440,000
187Accelerize36012
188Accenture12
189AppViewX12
190Ather Energy1225,000
191Becton Dickinson Technology1211,00,000 + Bonus of 1,00,00 upon completion of 1 yr. GET program
192Capillary Technologies1230,000
193DevRev Cloud India Private Limited1240,000
194FABC LLC1240,000Required to go to Dubai
195Fidelity Investment12
196Forma AI1238,000
197IVANTI1240,000
198Ozone Cloud1230,000
199RootQuotient Technologies Private Limited1230,000
200Tekion12Fixed Component – 10,00,000/ - + Joining Bonus - 2,00,000/- + 2000 ESOPS + Benefits
201Tide platform1250,000
202Tredence Analytics12
203Eaton11.9
204NielsenIQ11.8830,000Total base - 10lpa Others - 38226 Sign on bonus - 1.5 lac
205Amadeus11.7Fixed salary: INR 1000000Corporate bonus: INR 85464Relocation Benefits: INR 20000 Insurance Benefits: INR 21700 Certified Learning Assistance: INR 50000 One-time benefit for out-station students Group Mediclaim- INR 5L/ Group Term Life- 2X fixed salary/ Group Personal Accident- 2X fixed salary Eligibility upon completion of 6 months
206Ericsson India Global Services11.530,000
207ExxonMobil Services & Technology Private Limited11.4111.41 LPA- Cash component- 10.25LPA INR + Statutory components (PF, gratuity, savings scheme)- 1.16 LPA INR
208athenahealth Technologies Pvt Ltd1135,000
209Eli Lilly Services India Pvt. Ltd.11
210HyperVergeBusiness Analyst Intern1130,000
211HyperVergeProduct Analyst Intern1130,000
212IBM1130,000
213LEADSQUARED1130,00011 LPA ( 8-Fixed, 2-Variable, 1-One-time joining bonus) post conversion
214Qwikcilver Solutions1140,000
215Wolters Kluwer118.5 LPA Fixed + Benefits)
216Kinaxis India Pvt LtdTest Developer10.9550,000
217PepsiCo GBS10.77
218INSIGHTSOFTWARE10.7230,00010,72,850
219Adsys10.525,000
220HSBC10.2565,000
221MulticoreWare10.2
222NTT India Digital Business Solutions Private Limited10.0821,000
223Afford Medical Technologies Private Limited1020,000
224AppsforBharat1040,000
225AtlanFrontend Engineering Backend Engineering Cloud Engineering1050,000Mediclaim (family) - 7 lacs Life Insurance - 5 lacs Vacation days - 16 (during the 6-month duration) Laptop - Macbook Productivity allowance - $250 Offered to M.Tech Freshers
226Broadridge Financial Solutions1030,000
227Clinicspot1025,000
228Dozee1015,000
229Ensuredit10
230GalaxEye Space Solutions LimitedData Scientist1025,000
231GalaxEye Space Solutions LimitedFull Stack Engineer1025,000
232HONASA CONSUMER PVT LTD (MAMA EARTH)1020,000
233HONO.AI108.5LPA would be the fixed component and the 1.5LPA is the Retention bonus.
234ICICI Lombard GIC Ltd1025,000
235Mercedes-Benz Research and Development (MBRDI)1025,000
236Nav Tech Electronics India Pvt Ltd10
237Osmosys10
238PolicyBazaar Insurance Brokers private limited1040,000
239ROOTQUOTIENT1030,000
240Stratus Technologies Pvt Ltd1030,000
241Vikabh Securities Pvt LtdTrader10
242Zenduty1030,000
243ZENTREELABS10
244Rohm Semiconductor India Pvt Ltd10
245DarwinboxBusiness Analyst9.7525,000CTC: 9,75,000 LPA (7.5L Fixed, 1.5 Retention bonus & 75K Std perf bonus) if converted
246VerizonSoftware Development9.6625,000
247GENPACT9.525,000
248ITILITE9.536,000
249Medtronic Engineering and Innovation Center9.545,000
250Toshiba9.545,000
251Wissen Technology9.525,0008 Lacs/Annum + 1.5 Lacs in Oct,2024(As Retention Bonus) + 1.5 Lacs in Oct,2025 (As Retention Bonus)
252Epicor Software Pvt Ltd.9.25
253LATENTVIEW9.24
254Dover Corporation9
255Honeywell930,0008 Lpa + 1 Lpa Joining Bonus
256HSBC Technology India9
257Schneider Electric925,000
258HONEYWELLSystem Engineer 1 Project Engineer 198 LPA + 1 LPA Joining Bonus
259Uhnder indiaEngineer – Software/Digital920,000
260Uhnder India940,000
261UHNDER INDIA PVT LTD940,000
262Vassar Labs920,000
263Vicara940,000
264EY -INDIA8.59
265DellAssociate Sales Engineer Analyst8.4735,000
266Caelius Consulting IT Services Private Limited8.1518,000
267GalaxEye Space Solutions LimitedData Engineer820,000
268GalaxEye Space Solutions LimitedFPGA Design Engineer820,000
269Logitech810,000
270Tata motors8
271Tata motors8
272MAQ Software7.536,000
273MAQ Software7.536,000
274Volvo7.5
275GalaxEye Space Solutions LimitedBusiness Development Manager720,000
276Velocix Solutions730,000
277Ultramarine and Pigments Ltd4
278Visteon725,000
279Hitachi Energy Technology and Services Pvt Limited6.520,000
280GalaxEye Space Solutions LimitedGIS Analyst620,000
281GalaxEye Space Solutions LimitedBrand Manager620,000
282GalaxEye Space Solutions LimitedHardware Design Engineer620,000
283GalaxEye Space Solutions LimitedThermal Engineering620,000
284GalaxEye Space Solutions LimitedStructural Engineer620,000
285BMW india40,000
286Electronic Arts, IndiaSoftware Engineer Intern44,600
287FamPay40,000
288Ford20,000
289Fractal Analytics
290Fundwave50,000
291GalaxEye Space Solutions LimitedOrbital Mechanics (Internship Only)20,000
292General Electric25,000
293Intel India45,000
294MicrosoftSupport Engineer Intern25,000
295Philips India Limited35,000
296Schneider Electric25,000
297Titan Company Limited25,000
298WME10,000
299ZycusTrainee-Business Development6.5
300YantraVision4.2

Shout out for important insights to:
@ArkeHROteLEy @garyhost @imakshit2521 @imtechwiz @mercyshuo

Compensation definitely shouldn't be the only factor when it comes to being interested in working for a company. Although, I hope this helps.

Thank you for staying up till here.

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