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 :)

15mo ago

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WobblyNoodle

InMobi15mo

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

Target15mo

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

WobblyNoodle

InMobi15mo

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.