Need help in deciding how can I negotiate on the numbers. Fixed- 32LPA Stocks- 65000 usd over 4 years (13L for first year) Joining- 3L Relocation- 3L
Current TC- 40LPA fixed, 12lpa esops (Fantasy sports company)
Other Offer in hand from a startup (sass b2b) Fixed- 43.5LPA Variable- 4.5LPA Esops- 1Cr over 4 years
You should go for Microsoft even if it isn't optimal at the moment in terms of cash component. In the long run this will pay off by opening a lot more doors in tier1 and FAANG companies or you might get chance to also move onsite to US where you can earn a lot more. ESOPs have no value until the startups make an exit - where the odds are highly against you. Probability would be less than 1%. I've worked with multiple startups and learnt this the hard way. Also as you move up the levels, it gets increasingly more competitive to get into tier1 companies. So get into it while you can.. and think of long term than short term salary deficit. It will pay off..
Same here. I have been in startups where the org would not honour your esops, or have some or the other issue. On the other hand MSFT being a public company you have that advantage.
Moreover, unless the startup is in high growth stage, then you could consider
Microsoft won’t negotiate.
Can any one explain this salary structure. I am kinda new to IT.
Fixed = Actual Cash company paid you before tax Variable = Cash Company will pay basis your performance and company’s performance ESOP = Stock Options so that you can sell stocks to make money
Bhai harness me ref krva skta h kya?
Haan
But oh boi you've 19 grapes how you gonna get my DM?
Microsoft offered L61 at 4 yoe
Based on regulations on fantasy sports, you can’t be really sure of job security. However, 8lpa cut is just too step. Tell the recruiter of Microsoft to meet in middle or at least settle for 35fixed.
Your Joining bonus and relocation will help a lot to push numbers in your favour, consider that how much will you get in Microsoft in 4years. Compare that number against current job and startup.
ESOPs in startup is worthless only,mostly you won’t stick around that long.
If you don't mind can you share your interview experience and is it for swe 2 or 3
As already mentioned in another comment it's L61. In Microsoft that maps to sde2 (L59 and L60 are SDE1)
@CouchPotato how much does a first line Engineering Manager make at Amazon?
Any range or ball park number? Also is the manager also coding/ hands-on along side the Dev team? Some insights pls..
How much time did it take for preparation? Can you share your current company or hint atleast?
I have gone through the standard problems once. It took around 2 months along with office and lot of dedication, skipped office parties, utilising weekends rather than enjoying them. It seems a lot but reward vs cost ratio is really good
Go for startup meri jaaan 😉
Your YOE is 4 mean you are under 30s
For now you might not need wlf
Go with startup build something great 😊 you will always proud of your self
Otherwise you can go for MS if you need chill life
Received an Offer from Microsoft Level: L62 Base 42LPA Stocks 125k USD for 4 years Joining Bonus: 12L + 4L Bonus: ~10% of base
Current Employer: Google Level: L4 Base: 32LPA Unvested Stocks: 75k USD for 4 years Bonus: 15% of base
Ques...
#engineering #software #swe #salary #techcareer
Total YOE : 4.2 Current CTC : 24 lpa ( fixed ) + 11 Lac ESOP ( spanned over 4 years ) + 1 lac Variable pay
Offered CTC : 28 LPA ( fixed ) + 4 Lac Joining Bonus + 3 lac variable pay + 60k...
PhonePe: Designation: Software Engineer Fixed: 29L Joining Bonus: 3L Esop: 20L (vested over 4 years) Team: Pincode Work Location: Bangalore
Microsoft: Level: L61(SDE-2) Fixed: 27L Joining Bonus: 2L(1L in 1st year, 1L in second year) R...
Microsoft hands down. Because you'll have an excellent wlb compared to phonepe in webxt
Current TC : 18 LPA ( 15 Fixed ) for SDE 2 Current YOE: 3.5 years Education: Tier 1 CS
Offer: SDE 2 L61 Base: 26L Stock: 60k USD over 4 years Performance Bonus: 0-20% Relocation Bonus: 4L Signing Bonus: 2L
Am I getting lowballed for L6...
