Software engineering salaries

Education: B.tech from NIT\nYears of Experience: 3 years 3 months\nPrior Experience: Senior Software Engineer with 26 LPA compensation(all base) \nCompany: Phonepe\nTitle/Level: Software Engineer (Phonepe has flat hierarchy)\nLocation: Pune\nBase Salary: 32,00,000\nJoining Bonus: 5,00,000\nESOPs: 32,00,000 vested over 4 years (25% each year)\nOthers: 1,09,000(Insurance+Gratuity)\nTotal comp (Salary + Bonus + Stock + Others): ~65,00,000\nFirst Year salary(Salary + Bonus+ Stock): ~46,00,000\nBenefits: phonepe standard benifits\nOther details: Negotiated once, original offer was of 30,00,000 base. \n

Current Company: SDE-2 at Phonepe Current Compensation: Fixed - 38lpa Esops - 40lacs (vested over 4 years) Total Experience: 4.5 years Offer from an AI Startup (with Series - A funding): Base - 44lpa ESOPS - 10lacs (vested over 4 years) They informed that they have a budget of 42 lpa but are willing to offer me 44lpa. The job is fully remote that is a plus, should i consider joining this?

Phonepe is looking for a talented Software Engineer to join their team in Pune. As a member of the team, you will be working on various projects and contributing to the growth of the company. Key highlights: Salary: 48,00,000 Signing Bonus: 5,00,000 in first year. 5,00,000 in second year Stock bonus: 45,00,000 ESOPS over 4 years

Prior Experience: Amazon, SDE-II College: Tier-1 (Not IIT, but similar) Signing Bonus: 8L Retention Bonus: 4L ESOPS: 72L (25% per year) First Year Comp: 84L WFH/WFO: 5 Days WFO Benefits: Standard Benefits Negotiated with HR to maximize components (base, signing, retention) In final rounds with 2 other companies; multiple interviews scheduled

Education: Btech from IIT Years of Experience: 6.2 Prior Experience: Logistic based firm (CTC - 31LPA) Date of the Offer: july 2024 Company: Phonepe Title/Level: Software developer (Flat hierarchy in phonepe) Location: Bengaluru Salary: 4800000 (Excluding gratuity and insurance) Relocation/Signing Bonus: 50000 ESOPS: 6000000(vested in 4 years) Bonus: NA Total comp (Salary + Bonus + Stock): 5300000 for first year (I dont count ESOPS in salary) Benefits: Standard Phonepe Benefits

PhonePe Software Engineer Compensation Education: B.Tech from a Tier 2 College YOE: 10 months FTE + 6 months Intern Prior Experience: Software Developer at a Unicorn StartUp Date of Offer: June 2024 Company: Phonepe Title/Level: Software Engineer Location: Bangalore Salary: 23,00,000 INR Signing Bonus: 2,00,000 Stock bonus: 18.5 Lacs stock grant vested over 4 years Total comp (Salary + Bonus + Stock + Benefits): ~30 Lacs for first year Benefits: Standard Phonepe Benefits.

PhonePe SDE-1 Fresher (2025) Education: B.Tech - Tier 2 CSE Years of Experience: 0 Intern Experience : 2 months Date of the Offer: July 2024 Company: PhonePe Title: SDE Location: Bangalore, India Salary: 1925000 INR Relocation Bonus: 0 INR Joining Bonus: 500000 INR ESOPS: 850000 INR (vested over 4 years, 25% each) TC (Salary + Bonus + ESOPS): 3275000 INR Oncampus Rounds : 3 rounds (2 Dsa , 1 HR + Basic System Design)

Education: B.Tech - Tier 2 CSE Years of Experience: 0 Date of the Offer: 22 July 2023

OFFER 2 Company: Phonepe Title/Level: SDE 1 Location: Bangalore Salary: 26L fix Relocation/Signing Bonus: 5 lakhs singon + 3 lakhs retention next year Stock bonus: 20 lakhs ( 1/4 each year) ESOP Total comp (Salary + Bonus + Stock) for 1 year : 36 lakhs Benefits: food + other phonepe standard benefits

Offcampus offer from Tier 3 college PhonePe - SDE1 (base 18 lpa) Tekion - ASE (base 17 lpa) RazorPay - SDE 1 (base 20 lpa) 6Sense - SDE 2 (base 22 lpa)

Phonepe offer details: Base Pay: 31 LPA Sign On Bonus: 6 LPA Retention Bonus: 2 LPA Stocks: 28 LPA (ESOPs, vested over 4 years)

Company: Phonepe Title/Level: Software Engineer (flat hierarchy) Location: Pune Salary: 30 LPA Signing Bonus: 2 LPA Stock bonus: 26.6 LPA for 4 years Total comp (Salary + Bonus + Stock): 38.65L for 1st year LPA

PhonePe Senior Software Engineer Offer Evaluation Concerned about the WLB and culture in PhonePe Have following competing Offers

PhonePe: SE, INR 32,00,000, Not asked. They might have given, 30L over 4 years, NA, INR 40,00,000 Stock bonus: 30L over 4 years

Education: B.Tech from a Tier 1 College YOE: 1 year Prior Experience: Software Developer at a small Startup Date of Offer: Apr 2024 Company: Phonepe Title/Level: Software Engineer Location: Bangalore Salary: 25,00,000 INR Relocation Bonus: N/A Signing Bonus: 3,00,000 Stock bonus: $26K stock grant vested over 4 years (~19.3 Lacs) Bonus: N/A Total comp (Salary + Bonus + Stock): ~33 LPA for first year Benefits: Standard Phonepe Benefits.

PhonePe | SDE | Backend Education: BTech, Tier-1 Years of Experience: 5+ YOE Prior Experience: SDE1 at FAANG Date of the Offer: April 2024 Company: PhonePe Title/Level: SDE (Flat hierarchy) Location: Bangalore Salary: 38LPA Relocation/Signing Bonus: 0L Stock bonus: 40L (4 years, 25% each year)

**Education**: B.Tech ECE from Tier1 **Years of Experience**: 3 years 10 months **Prior Experience**: Product Based Company. CTC: INR 45,00,000 (Base: INR 32,00,000) **Date of the Offer**: April 2024 **Company**: Phonepe **Location**: Bangalore **Salary**: INR 43,00,000 **Signing Bonus**: INR 5,00,000 first year. **Stock bonus**: 45,00,00 units over 4 years (25% each year) **Total comp** (Salary + Bonus + Stock 4yrs): INR 89,00,000 including benefits (insurance, gratuity etc) **Benefits**: Standard Phonepe Benefits Cred SDE-2

PhonePe offer details: Salary: INR 32,00,000 Stock bonus: 30L over 4 years Total comp (Salary + Bonus + Stock): INR 40,00,000

PhonePe | Software Engineer | Bangalore Education: B Tech in Computer Science Years of Experience: 7+ Prior Experience: Lead Engineer at a Startup, Current Compensation: 55 LPA ( 50 + 5 ) Date of the Offer: November 2023 Company: PhonePe Title/Level: Software Engineer Location: Bangalore Salary: 55 LPA Relocation: NA Signing Bonus: NA Stock bonus: 10 LPA Bonus: NA Total comp (Salary + Bonus + Stock): 65 LPA Other details: Declined the offer, because the base was low

Education: B.Tech. from Tier-1 Years of Experience: 0 Prior Experience: Interned at Startup Date of the Offer: June 2022 Company: PhonePe Title/Level: Software Dev Location: Banglore, India Salary: Rs. 19,50,000 Relocation: Rs. 0 Signing Bonus: Rs. 2,50,000 Stock bonus: Rs. 20L stock grant vested over 4 years Bonus: None Total comp (Salary + Bonus + Stock): ~Rs. 27, 00, 000 Benefits: 10 paid sick leave days Other details: Was given a week to accept or decline the offer

Education: BE in Computer Science Years of Experience: 3 years 11 months Prior Experience: RS Labs, Swiggy, Fi money Date of the Offer: 12th Nov 23 Company: Phonepe Title/Level: iOS developer Location: Bangalore Salary: 34L Signing Bonus: 3L Retention bonus: 3L Stock bonus: 25L for 4 years Total comp (Salary + Bonus + Stock): 65 for the 1st year, 34L for the next Is this a good offer? I tried negotiating with a counter but unwilling to increase base pay [Greenlight offer](https://leetcode.com/discuss/interview-question/4278668/Greenlight-or-SDE-1-iOS-or-Bangalore)

Education: BE CSE Tier-1 Years of Experience: 3 Prior Experience: SDE 2 at an international bank Date of the Offer: Nov 2023 Company: PhonePe Title/Level: SDE (3-5yrs) Location: Pune Salary: 37.25 LPA Relocation/Signing Bonus: 6L Stock bonus: 9L (36L over 4 yrs) Bonus: NA Total comp (Salary + Bonus + Stock): 52L for 1st yr Benefits: Insurance, Relocation benefits (travel, accomodation for 15 days, brokerage charges, packers and movers), Flexi points(health related) Other details: Negotiated once. Had a competing offer of better base. So the HR matched base and stocks.

PhonePe | Software Engineer - Web | Bangalore | Nov '23 Education: B.Tech in Computer Science Years of Experience: 3+ years Current comp: ~ INR 26 LPA (22 Base + Cash Bonuses + ESOPS) Prior Experience: Product based company Date of the Offer: Nov '23 Company: PhonePe Title/Level: Software Engineer Location: Bengaluru, India Salary: INR 25 LPA (Including PF) Signing Bonus: INR 3L Stock bonus: ESOPS worth INR 18 L Total comp (Salary + Bonus + Stock): INR 32.5L (first year) Benefits: Standard benefits Other details: Declined the offer, as I got better offers. Recruiter and Hiring Manager did not negotiate and were lowballing. Interview Experience: https://leetcode.com/discuss/interview-question/4547690/PhonePe-Interview-or-Software-Engineer-Web-or-Bangalore

Education: B.Tech. from Tier-3 college Years of Experience: 0 Prior Experience: Interned at Cisco Date of the Offer: 14th June 2023 Company: PhonePe Title/Level: Software Dev Location: Banglore, India Salary: Rs. 19,50,000 Relocation: Rs. 0 Signing Bonus: Rs. 2,50,000 Stock bonus: Rs. 20L stock grant vested over 4 years Bonus: None Total comp (Salary + Bonus + Stock): ~Rs. 27, 00, 000 Benefits: 10 paid sick leave days Other details: Was given a week to accept or decline the offer