Hello Everyone, So recently i got a mail from Flipkart that i am selected for SDE-1 role. Most probably I will receive a call this week about salary discussion and negotiations. My current CTC is around 22 lpa (17 fixed and others performance bonus and joining/retention bonus and No ESOP). My interview went really well especially my Problem solving round went great! Machine coding round went good too. Cant comment on HM round because there is no correct answer to HM questions but i think it went decent too. Now I need some help for salary negotiations. What should i expect? What's the max that they can offer? What do I ask for? Etc etc. Also hows the work culture? WLB? Flipkart gives 10 percent as performance bonus. Is it the max limit or the lower limit? I mean if someone performs better than can he get more that 10 percent performance bonus?? Also what is the average performance bonus that some can get? Is this 10 percent calculated on total base for the year or on no of months worked? Also what's the average increement one can get after one year? Do they give joining or retention bonus? Relocation bonus? Edit - I have 1.5 yoe (including 6 months internship) Thanks for the help!
You should continue to interview elsewhere and get competing offers. That's how you build leverage.
Flipkart sde-1 might go 20-22 base + 10% perf bonus + esops
Do they give joining/retention bonus?
Flipkart has very bad work culture. I would suggest to stay away from it. Managers have poor skills and one will always be under pressure. The decisions they take are random and overnight. I heard a lot of firing had happened in the past.
Have you worked there? If yes which team?
Go for 21-22 base +10% bonus + 5-6 lac ESOP. Bonus they give on base according to your rating. Usually people gets ME rating than you will get 10% bonus.
Does flipkart give 22 base to 1.5 yoe candidate if he does not have any other offer in hand?
Yes,
The 10% bonus is for ME and there is a good possibility that you would get more than that. This year even for ME the bonus was more than 100%
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Work culture and wlb is team specific, prolly the engg counterparts can say. As far as pay is concerned, neg for 22 base which is ~30% hike and maybe you might get 20.
Which team handles Flipkart games and Halo ? Is this a good team?