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FuzzyQuokka
FuzzyQuokka
Stealth

CTC Check: SDE

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.

22mo ago
SwirlyRaccoon
SwirlyRaccoon
Target22mo

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.

FuzzyQuokka
FuzzyQuokka
Stealth22mo

Thanks. I'm glad to hear that the WLB at Walmart is good. Looking forward to joining Walmart.

SwirlyRaccoon
SwirlyRaccoon
Target22mo

Won't be similar to Target, if I'm not wrong

WobblyNoodle
WobblyNoodle
InMobi22mo

It's decent. Not too low but not too high either.
Unicorns and top product companies offer higher than this.

PeppyBanana
PeppyBanana
IndiaMART22mo

Wonder if those will sustain post the correction of valuation and rationalization of salaries. Good times are over.

GigglyPotato
GigglyPotato
Slice22mo

Which college? Walmart is lowballing, at our college they are paying around 30

FuzzyQuokka
FuzzyQuokka
Stealth22mo

What's your college?

GigglyPotato
GigglyPotato
Slice22mo

@Floki7739 then it's the same, they also have target incentive of 3. I am from one of the old iits

FluffyNugget
FluffyNugget
Plivo22mo

This is at least 2x of tier 3 student salaries so yes

SnoozyCoconut
SnoozyCoconut
Stealth22mo

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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