I have received an offer from Walmart recently. I have 0 yoe and currently in my final year in a tier-1 college (IIT).
Base: 16 lpa (approx) Joining bonus: 3.25 lpa Stocks: 2.25 lpa (RSUs)
Is this a good salary as compared to what other companies give to SDE freshers from IITs? Please share your thoughts. Thank you.
Is this a good salary: Absolutely yes. You will be earning well above million of software developers.
Is this the highest: No, it's not. If I'm not wrong, Blinkit offers a base of 30 LPA and Rippling offers a base of 36 LPA for freshers. There will be a ton of companies offering more salary for freshers, without involving those working quant field.
But most of them are super inflated. At Walmart you will have a relatively good WLB, interesting work, and more job safety (hopefully). Their finances are really good, at least as of now. They're the only retailer which blew away the earnings expectations by the market analysts last year.
This is at least 2x of tier 3 student salaries so yes
It's high and bcz of the market conditions u will be on the verge to getting ur offer revoked or laidoff So keep a check before joining
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