PeppyNarwhal
PeppyNarwhal

Zomato redefining pay scale?🤯🤯

Zomato hiring freshers for a totally new position called Algorithms Engineer. Just looking at the CTC breakup will give you a shock.

Not sure about the authenticity of this pic, but if true, it will set whole new benchmark for other companies!

Post image
14mo ago
App Promo
PeppyNarwhal
PeppyNarwhal
Swiggy14mo

Zomato hires freshers at base pay of 18-20LPA. So don’t think its 6LPA. But 60LPA is also way to good to be true!

GroovyBiscuit
GroovyBiscuit

They hire at that for algorithms engineer not software engineer. So they are competing with hfts which pay avg 1cr for indians. Thus the pay.

SwirlyMochi
SwirlyMochi
PayPal14mo

It's not a typo. They're paying this at IIT D/B and are only open to people with JEE ranks <500 and god level Mathematics and Competitive Programming skills

PeppyNarwhal
PeppyNarwhal
Swiggy14mo

Insane numbers! Kudos to the folks who get this offer.🔥🔥

GigglySushi
GigglySushi

But this amount is even more than what HFTs pay and at least they make a huge profit per employee. Zomato does not have the same Profit per employee ratio to afford such salaries at fresher level.

QuirkyNarwhal
QuirkyNarwhal

What is shocking in this? Zomato hired IITians for 18 LPA base. 30L CTC.

Level up anon.

SwirlyMochi
SwirlyMochi
PayPal14mo

20 base and 50 CTC for sde'23 grads :)

QuirkyNarwhal
QuirkyNarwhal

Not surprised at all. CTC doesn't matter. Esops are worthless.

WobblyDumpling
WobblyDumpling
Amazon14mo

I am pretty sure it's a typo 16lac INR CTC seems more plausible 😂

BubblyMarshmallow
BubblyMarshmallow
Student14mo

Wo 1.6cr ctc hai

WobblyNoodle
WobblyNoodle
InMobi14mo

Figures don't add up. Looks to be fake offer.

GroovyBoba
GroovyBoba

They probably creating an intermediate position which will end up doing the same job as a side but be paid less. Tons of startups do it.

TwirlyCupcake
TwirlyCupcake
Gitlab14mo

6LPA?

GigglySushi
GigglySushi

Apparently this job got rescinded

BubblyKoala
BubblyKoala

If this is the case, I have to think about selling my shares .
Doesn't look sustainable.

FloatingPanda
FloatingPanda
Amazon14mo

Zomato marketing team at its best

Discover more
Curated from across