Compensation review SSIR Senior Staff
Hello All, Please help me evaluate this offer from SSIR india: Senior staff Base: 66 LPA + 150000(Flexible benefits) + Gratuity + PF bonus: Company Bonus : 428571 INR ( pro rated as per joining date) Performance incentive : 750000 Joining bonus : 2000000 LTIP plan:1500000 ( vesting in 2years) current comp in Qualcomm: Staff Base pay : 55lpa retention bonus : 5L YOE : 10.5 RSUs: 40k/3 vesting in 3 years #engineering #software #swe #SSIR #qualcomm #salary
Congratulations π, offers look quite attractive
how was the interview process ? Did you give that entrance advance exam ?
Whar is entrance advance exam ??
For Software engineer and SSE roles, they were taking an entrance exam before the interviews. I wanted to know what your interview process look like?
For senior staff base seems a bit low. Probably, 70-80 lakhs of base makes more sense. Anyways do negotiate and try increasing by at least 15%
Can they rescind my offer ,If I try to negotiate ..?.how much base increment can I ask , it's 65.something now ...my previous base was 55
I doubt it. Senior staff at Samsung is not the same as Faang. It's just a senior engineer.
From second year salary will drop due to lack of JB
Your views on offer .Should I negotiate?
I think the offer is very good by Samsung standards . Probably LTIP you can, but the HR will normalize the salary based on teams standings in subsequent years. The performance bonus is not guaranteed for all ratings. It should be for the top most rating. But hikes are decent in Samsung, travel to Korea and no layoff that is the benefit. High tc comes with baggage of layoff risks everywhere. But above all adjusting to Korean culture is the most difficult thing for someone joining from American or European companies.
Bump
So whats the total TC mate Iβm lost with all those numbers
1.13 cr comes out
Can't believe Samsung paying that much.