RingRox
RingRox
Help

Samsung blr Vs Cashfree, which to join?

Profile at cashfree: backend developer CTC: 32 lpa Base: 15 Variable: 2 Esop: 15 (4 yr equally divided)

Profile at SRIB: Developer CTC: 20 Base: 14 joining: 1 Retention: 5(4 yr equally divided)

Priority: WLB> learning> comp

although my inclination is little towards the research side, considering the hike 1 after yr it's like 10%(samsung) and 50%(Cashfree), if the market remains the same.

Not able to figure out which to join 😟.... any suggestions?

17mo ago
LegalTimer90
LegalTimer90
stealtg17mo

Samsung wlb is next level but you'll be working like a sarkari person. No growth there, no good projects. Ppl only go there to play badminton etc

RingRox
RingRox
Help17mo

I have cleared, their professional test, still won't get good projects?

LegalTimer90
LegalTimer90
stealtg17mo

Their criteria for ppo is to clear professional test. Obviously it doesn't matter. Also 99% of projects in Samsung is shit, so regardless of the project you get, you are mostly doomed. As I said, people go to office only to play badmintom

Wffc
Wffc
Tredence17mo

Samsung base includes variable also ,actual base will be somewhere 11-12 so comp has a significant difference

RingRox
RingRox
Help17mo

Still will be getting those 2lac in the end right?

Wffc
Wffc
Tredence17mo

Nope Very lucky then max 1l

Punter17
Punter17
Stealth17mo

Samsung if you want to prepare for masters or any exams. Also you can chill for a year or two since you would have been tired studying for last 15-16 years

Cashfree if you want to experience building some cool stuff, okay for extended working hours

BitterPill
BitterPill
Stealth17mo

Not sure if your CTC calculation is correct. If your are getting ESOPs worth 15l (4 yrs equally divided), your annual ESOP earning would be 3.75lpa. So your CTC at cash free will be 20.75. Use the same logic to calculate your CTC at Samsung

RingRox
RingRox
Help17mo

Yeah ur right, if u see in this way. I stated how it's represented in the offer letter.

BitterPill
BitterPill
Stealth17mo

Wow, I'm surprised in that case. If the offer letter says 32L CTC with this breakup they need to hire a better HR team. It is gross misrepresentation of facts in that case

ElonMusk_
ElonMusk_
X.com17mo

Samsung

RingRox
RingRox
Help17mo

A little more context about ur conclusion will be helpful.

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