L62 offer evaluation ☺️ Update1: Azure MSIDC ☺️ Update2: fuck! Update3: offer accepted!
Got offered l62 offer from MSIDC. Base 31.5L, joining 6L (1st month: 3, 13th month: 3), bonus 20%, stocks 40k$, relocation 1.25L Current TC: 32L base + 1L bonus, NIL stocks 5 YOE. What part of TC can I push and by how much? Is this a good offer? The base actually dropped. I don’t feel comfortable with that 🙄 Edit: The monetary unit is ₹, of course 🤷🏻♀️
Could be wrong but don't think most people on Blind know Indian money conversion to USD.
I see. Conversion is 70. 1$ = 70₹ PPP = 3.5 But I was inclined towards fellow Indian Blind-ers to give their views
🤔 How do you get out of the feeling that post 1st year your TC will actually dip significantly? (- joining)
It won't. You'd be getting increments on your base salary and some stock refreshers as well.
Also, in Blind terms is this correct calculation? 31.5 + 6 + 40*70/4 + 1.25 + 3.15 = ~49L₹ TC?
No. Remove 6 and 1.25 from it.
Hmm. I kind of meant 1st year TC. Inevitably 2nd year (and onwards) TC will take a dip. I was stuck in such a loop in Cisco as well where my 3rd year’s TC was equal to 1st year’s 😦
You can negotiate on stock. Base is on higher side of 62 already.
Org?
I dont know yet. Will get back and update you.
Azure! Updated post.
Be inclusive man.
GetOrg(inclusive:true);
Sry. Inclusive in what context do you mean?
You can negotiate on the stocks . Base seems good . Stocks can go as high as 100k for high SDE2.
Oh! Is it true that stocks are country agnostic in the sense that MS India can provision comparable stocks to MS US? I get that PPP (*3.5) comes into play for base and sign on of course.
I am taking about IDC stocks. I know some people who have got around ~110k over 4yrs
Check pay here for l62
Thanks for linking this. Multiple factors here. 9yoe >> 5yoe of mine. He might have unvested stocks when he joined. OP there states that 22L stocks vesting next year. This could include stock appreciation and it might as well be combined vest for multiple years right?
Is that Monopoly money? I'd ask for at least 4 more ruples
₹ can I go say duh to you? Pls 😅