ZestyMarshmallow

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?

19mo ago

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TwirlyUnicorn

CleverTap19mo

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

ZestyMarshmallow

Stealth19mo

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

TwirlyUnicorn

CleverTap19mo

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

SnoozyCoconut

Autodesk19mo

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

ZestyMarshmallow

Stealth19mo

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

SnoozyCoconut

Autodesk19mo

Nope Very lucky then max 1l

PeppyMuffin

Stealth19mo

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

PeppyPotato

Stealth19mo

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

ZestyMarshmallow

Stealth19mo

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

PeppyPotato

Stealth19mo

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

DancingNoodle

X (formerly Twitter)19mo

Samsung

ZestyMarshmallow

Stealth19mo

A little more context about ur conclusion will be helpful.

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