Received offer from Microsoft for L60

• Education: B.E Computer Science & Engineering, Private Tier-1/2
• Years of Experience: 8 months as FTE, 6 months as Intern at the same company
• Prior Experience: SDE1 at Top FinTech MNC
• Previous CTC: Rs. 42.3L (19.5L (salary) + 3.5L (joining) + USD 21,000 (RSU - 3.5 years) + 1.95L (Perf bonus))
• Date of the Offer: April 2024
• Company: Microsoft
• Title/Level: L60
• Location: Bangalore, India
• Salary: Rs. 23,00,000/-
• Joining Bonus: Rs. 4L (2.5L at joining + 1.5L at 1st anniversary)
• Stock bonus: USD 65,000 (4 years)
• Performance Bonus: Upto 20% performnce
• Relocation Bonus: NA (I'm in the same city)
• Total comp (Salary + Bonus + Stock):
  • 1st year: 23L (salary) + 2.5L(joining) + 13.75L(stocks) = 39.25L
  • 2nd year: 23L (salary) + 1.5 (joining) + 13.75L (stocks) + 2.3-4.6L (performance 10-20%) = 40.55-42.85L
• Benefits: Standard Microsoft India benefits
• Other details: Looking for a switch in another MNC, because given a completely different team at the time of FTE which has legacy code base and outdated tech. Recruiter agreed to give me Joining Bonus becuase I had to settle the relocation amount from previous company.