Grab Singapore v/s Amazon India?

New / Eng starl0rd
Feb 24 34 Comments

Need your help blinders! I posted a thread asking about Grab expected TC last week, the link is in footnotes.

There has been some development and now I have an offer from Amazon India and Grab Singapore. I would love to understand your opinion.

Here are the TC figures for first year:

Amazon (L5, SDE-2):
- Base: ₹30,00,000 (INR 3 million ~ USD 42.2k)
- Bonus + RSUs: ₹13,50,000 (INR 1.35 million ~ USD 19k)
- Relocation bonus: ₹1,50,000 (INR 150k ~ USD 2.1k)
- TC: ₹45,00,000/

Grab (Grade 4):
- Base: SGD 108,000 (INR 5.67 million ~ USD 80k)
- Bonus: 15% of annual salary (to be paid bi-annual)
- RSUs: 15,000 units/4 years (didn't share the price)
- Sign on bonus: SGD 9,000 (INR 470k ~ USD 6.6k)
- Relocation bonus: SGD 8,000 (INR 420k ~ USD 5.9k)
- TC: SGD 125,000 + ??? (will update once I receive RSUs valuation)

I have no idea about the cost of living in Singapore but I am sure quality of life must be better than Bangalore.

I feel the offer by Grab is on a lower side if I consider the PPP ratio. What do you folks think?

Current TC - ₹30,00,000 (INR 3 million)
YoE - 4.5+

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What TC to expect for SDE-2 in Grab Singapore? (Compensation)
https://us.teamblind.com/s/VbcD7eAU

123 VOTES SELECT ONLY ONE ANSWER
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TOP 34 Comments
  • Microsoft Xgvhh
    If you are young and not married, go to Singapore and explore. If you don't like it, you can always go back.
    Feb 24 1
    • New / Eng starl0rd
      OP
      Not married yet, might get married in 2 years.
      Feb 25
  • Amazon dyd4zbjsyj
    Purely in terms of money, Amazon Bangalore is a better offer. 45 lakhs will fetch you more in Bangalore than your TC in Singapore. https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=India&country2=Singapore&city1=Bangalore&city2=Singapore
    Also, if you were in Bangalore you could double your TC (to 90L) in say 3-5 years by getting promoted or switching companies - I doubt this is possible in Singapore. Amazon factors in a annual increase in stock price while calculating grants - so what you will be getting in years 3 and 4 could easily be over 50L. Unless you are particular about living in Singapore, I'd take the Amazon offer any day.
    Feb 25 7
    • Amazon dyd4zbjsyj
      Possibly. Depends on what op is looking for. I missed factoring in the ipo.
      I was merely observing the compensation scenario in India. Every level bump (at least in Amazon) roughly doubles your TC. The market is very competitive and the compensation ranges set by companies are changing rapidly. Wouldn't be surprised if FANG salary ranges in India beat Singapore pretty soon (might be happening already at higher levels)
      Feb 25
    • New / Eng starl0rd
      OP
      @amazon that is actually an interesting point of view. I agree that salaries have exploded in India in last few years and are continuing to grow due to lack of talent pool at ~5 YoE level.

      Can I DM you just to understand your experience?
      Feb 25
    • New / Eng starl0rd
      OP
      @apple I agree with your point of view. It is a very interesting opinion, looking at the recent investments in Grab, one can argue that there is a potential of 5-10x growth in next few years but I guess it all fares down to how they do against gojek which is another rising unicorn is SE Asia.
      Feb 25
    • Grab essentially drove Uber off the Singapore market. I’m pretty sure GoJek won’t hold a candle in Singapore. If we’re talking about Indonesia it’s a different ball game altogether
      Feb 25
    • Amazon dyd4zbjsyj
      @op - sure, feel free
      Feb 26
  • Grab pays above market rate. With 108k you will have about 8.6k per month after tax. Standard of living is way better than Bangalore.
    Generally I recommend people to live outside of India experience the way of life. And if it does not work out move back. Most of the people get used to the higher quality of life and find it difficult to move back.
    Feb 25 4
    • You won't spend more than 4k per month even if you live in an independent flat with 5km of office eat everyday outside and take cab to and from work.
      Feb 25
    • Works Applications / Eng reject
      Does grab offer opportunities to move to the US like Amazon India?
      Feb 25
    • Generally not. But there are exceptions.
      Feb 25
    • It is a small company to be able to provide such flexibility.
      Feb 25
  • New / Eng anagram.
    Also please stop including 4 years of stock as TC, divide it by 4 and then add. (In case of Amazon though, you'll just get 5% in first year)
    Feb 25 4
    • New / Eng starl0rd
      OP
      I did that for Amazon, dont know RSU and strike price for Grab so didn't include. :)

      If you read, I have mentioned these are the numbers for the first year.
      Feb 25
    • New / Eng anagram.
      So Amazon has offered you 54 lac worth of stocks over 4 years?
      Feb 25
    • New / Eng starl0rd
      OP
      32L stock over 4 year (5/15/40/40)
      22L cash bonus first 2 years to offset low RSU vesting (12/10).

      Hopefully that answers your question.
      Feb 25
    • New / Eng anagram.
      Wow! That's some offer
      Feb 25
  • Financially, that's a solid offer for Singapore. You'll easily save ~2-2.5 lacs INR per month and live in a city with a much better quality of life.

    Amazon is not really hard to clear and you can always come back to India if you don't like Singapore. That said, if you love being in India and you aren't really willing to explore other cities, stick to Amazon.
    Feb 25 2
    • New / Eng starl0rd
      OP
      That's the question. I have been to Singapore twice. I did enjoy the trip from my tourist lens but shifting is another matter.
      Feb 25
    • There’s only one way to know :)
      Feb 25
  • Microsoft / Eng thatguyy
    Take the Grab offer and experience the startup culture. Come to India once you are married coz PR in Singapore ain't gonna happen.
    Singapore is a great city, lived there for a year, you will learn alot, professionally as well as personally.
    Feb 28 0
  • Grab
    tonystarkv

    Grab

    PRE
    Amazon
    tonystarkvmore
    The way people just compare money but not quality of life or experience or career progress, make me kinda sorrowful. If looking for money, don't come aboard. If wanna explore life, wanna exposed to unknowns, come aboard.
    Feb 26 0
  • New / Eng SharmaG
    Your home is your base. Any change to that should come with a 5x to 10x improvement in important criteria. Is Grab in Singapore 5x to 10x better than Bangalore? Doesn't seem to be the case with regards to salary. Try to quantify QoL (eg., Water, electricity, schools, etc.) and come up with a quantitative measure.
    Feb 24 1
    • New / Eng starl0rd
      OP
      Sharma ji that quantification hi to kantaap hai. (Translation: quantification is the tough part).
      Feb 25
  • Microsoft Thano
    From a financial perspective, Amazon India is better. Incase you are unmarried, you can spend couple of years at Grab Singapore and come back to India or move to US
    Feb 25 0
  • Facebook tGTv63
    From what I researched Singapore has a high cost of living. I don't know how that compares to Banglore though
    Feb 24 0
  • New / Eng anagram.
    Have you tried negotiating with Amazon telling them your Grab offer? Please do so
    Feb 25 1
    • New / Eng starl0rd
      OP
      Not yet. Amazon wasn't willing to negotiate before, not sure if they would now.
      Feb 25
  • Arista Networks / Eng Xyzabcdefg
    lol you’re asking a group of unknown ppl for your work location choice...
    Shouldn’t this be your own personal choice..
    Feb 24 1
    • New / Eng starl0rd
      OP
      Read again. I am asking about the compensation parity.
      Feb 24
  • Facebook / Eng lyw
    Both are not that great. Try FANG
    Feb 27 0