Amazon vs Goldman Sachs India SDE 1
Hi all, YOE : 1.5 yrs Got an SDE 1 offer from Amazon and Technical Analyst (basically its role of SDE, just a fancy term used by most banks) from Goldman Sachs. Amazon (Platform Development Team)- 15.5L fixed + 4.5L (1st year bonus) + 3.5 (2nd year bonus) + 10L stocks (in 4 years 5% + 15% + 40% + 40%) GS (Securities Lending Technology under Prime Equities Services) - 21L fixed + no joining bonus( but the HR mentioned that Performance Bonus would be given atleast around 3L but the figures aren't mention in the offer letter) Which one should I prefer? Honestly, I like Amazon, but the difference in base compensation is too high. Does anyone have any reviews of Securities Lending Technology Team in GS? Also HR mentioned that at GS bonuses are based on performance and no joining bonus is given, is that true?
Negotiate for a higher base with Amazon citing GS offer. When they increase base RSU go up automatically. With Amazon, always reject the first offer.
I did reject the first offer which was around 14.5L. Apparently from what I have heard Amazon has a base cap for SDE 1 at somewhere around 17L. Well I got GS offer recently and I already had accepted the Amazon offer, can I still renegotiate the offer?
If you already accepted itβs too late.
Join GS, then try for SDE 2 at Amazon.
Right, even at par GS is better since you don't need to deal with oncall and operational nonsense.
Take GS, be there for 2-3 years, get Associate then leave elsewhere once you get bored. Bonus in BLR is usually decent, so 3L is a fair number.
I am just starting my career. Shouldn't I pick the best work. High chances that work at a tech company like Amazon will be better than work at GS (there maybe team specific effect though). Paywise long term won't I reap better rewards if I keep doing good in demand work?
Depends entirely on the team. GS still has good brand name, and so does Amazon. Pay wise, I'm not sure in India, I'll defer to folks who know more about the Indian market currently
Take GS, better pay and bonuses are pretty good too. Also it's all cash. For top performers bonuses can run upto 20 to 30% of your base.
I am just starting my career. Shouldn't I pick the best work. High chances that work at a tech company like Amazon will be better than work at GS (there maybe team specific effect though). Paywise long term won't I reap better rewards if I keep doing good in demand work?
Join for a year or two, then jump ship at a much higher TC. You can always go back to Amazon or a tech company which majority does anyway but can't pick your starting again to be 21lpa+
I am really underpaid by Amazon man..π I am having 4+ years experience and Amazon offer me less than what they offered you. Looking for referal in GS. Would anyone help me with this? I have seen couple of suitable position in GS Bangalore. Role : QAE YOE : 4+
You're QAE2?
Nope, they offered me QAE 1 role.
Ask Amazon within how many months you'll be promoted to SDE2, if you get promoted quickly I think you'll get the same base you're gonna get at GS.
"Depends on how you perform, you can be promoted to SDE 2 in an year" - HR, when I asked the question.
^ hardly ever happens.