I am a SWE with 1.5 years at an American company in India and 1 year at VerizonMedia Sunnyvale. I started working with VZM a year back at IC2 level for 123k(base)+14k(bonus); Due to Verizon acquisition there was no year end raise as VZ HR algorithm calculates raise based on band equalization so that there is less difference in pay within a band (which would place Bay area persons at higher end by default) . Should I move companies for better opportunity? Am I under paid?
Yes
Apply elsewhere and start interviewing for offers. If you get higher offers, you're underpaid. If you don't get any offers. You're paid just right. Simple experiment.
Better than Autodesk pay
You can reference data at http://levels.fyi/comp.html
This is blind, filled with overachievers, there is a sampling bias of highest order here. No matter what your compensation, there are high chances you will be told you are underpaid.
How much are you paid now?
Same as an year ago - 123k base, 14k target bonus. No raise possible as explained above.
How much is COL?