**Education:**\nB.Tech CSE, Tier 2 private college.\n\n**Years of Experience:** 6 month internship at a FAANGMULA company\n**Date of the Offer:** March 2024\n**Company**: Flipkart \n**Title/Level:** Software Development Engineer 1\n**Location:** Bangalore, India\n\n**TOTAL CTC:** 32,57,000\n\n**Salary:** 18 lakhs base\n**Relocation:** 40k cash + 40k in travel/hotel allowances\n**Signing Bonus:** 3 lakhs - with first month salary\n**Retention Bonus:** 3 lakhs - at start of second year\n**Stock bonus:** 5.07 lakhs ESOPs - evenly over 4 years\n**Variable Pay:** 1.8 lakhs\n**Total comp (Salary + Bonus + Stock) for year 1:** ~24.8 lakhs \n**Benefits:** 1.69 lakhs (2200 meal card, insurance, wellness, retirement, etc.)\n\n**Other details:** \nSigning and Retention bonuses have a clawback period of 2 and 1 years resp.\nFlipkart hasn\'t IPOed so take the stock values with a grain of salt.\nWas pleasantly surprised with Flipkart\'s compensation structure. It is only about a lakh lower than the FAANGMULA company I interned at, so pretty much top of the range for fresh graduates. (Even though the CTC looks much higher at FAANG due to backloaded stocks, the amount you get is same in first 2 years)\n\n**Interview Experience:** [Same hiring drive and process as this post](https://leetcode.com/discuss/interview-question/4839315/flipkart-sde-1-interview-experience-2024).\n

Education:\nB.Tech CSE, Tier 2 private college.\n\nYears of Experience: 6 month internship at a FAANGMULA company\nDate of the Offer: March 2024\nCompany: Flipk