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SleepyDonut
SleepyDonut
Stealth

High Fresher Packages at Amazon

Have heard some on-campus placements at Amazon going higher than 2 crores?

Is that true? If yes, what's the structure of this package?

What's the business sense behind hiring freshers at such salaries?

Just trying to understand the rationale better :)

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WobblyNoodle
WobblyNoodle
InMobi18mo

2 crore offered that too by Amazon ? Lol
Firstly it's an international offer. Secondly it includes stocks of 4 years.

Big techs mislead people by inflating their ctc.

SwirlyRaccoon
SwirlyRaccoon
Target18mo

Hahaha, it's not the big techs that's misrepresenting the numbers. It's usually the media and then the bhaiyyas/didis

WobblyNoodle
WobblyNoodle
InMobi18mo

Media and didi/bhaiyas just create hype but the actual misleading numbers are given by the the companies itself.

Whenever a company goes to any tier-1 college for placement, they have to inform college's placement unit about the ctc they are offering. Based on that they get interview slots. Company paying highest gets "day 0" slots which means better quality candidates.

That's why these companies tell inflated ctc.

DizzyLlama
DizzyLlama
Atlys18mo

Must be international placement. There's no way FAANG in india pays this much

PrancingKoala
PrancingKoala
Amazon18mo

Fake

JumpyPickle
JumpyPickle
Amazon18mo

This is not true. Anyone who works at Amazon will confirm this 🤣

JazzyWalrus
JazzyWalrus
Amazon15mo

PARWEZ ALAM

SleepyDonut
SleepyDonut
Stealth18mo

Thanks for the clarification everyone!

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