Hi, Have a friend negotiating an offer with MS in Bangalore and would like to know ballpark salary range for Level 65, principal software engineering manager role. Current TC : 40Lac
Range for 65 is easily double his current CTC
But obv with competing offers. If not, they're gonna lowball the OP.
Stocks can go to 300k usd over 4 years. Base can be 50-60 lacs with 20% target bonus. Though 300k usd stock is probably max.
So that makes it in the 1.2 cr range. Hmm.
80L to 1.1 CR can be a range that your friend can target.
Yoe?
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What is being offered?
The recruiter has not revealed yet. I told my friend not to reveal any numbers yet and ask them for an initial offer. But I am not sure how things work in India.