Microsoft's Rs 1.39-cr offer highest at IITs; Accenture top IIM-A recruiter

Peak domestic salary rises 10% at IIM-A

Microsoft would likely offer close to Rs 1.39 crore per year for jobs at its Redmond headquarters


LATEST NEWS : It's placement season at the country's top technology and management institutes and many aspirants are all set to bag fat paychecks.

As reported earlier, most of the IITs are set to commence their final placement process on Friday, December 1, with several major recruiters making almost crore-plus annual salaries and international offers.

According to the Economic Times, technology giant Microsoft is all set to offer the highest pay package among all other recruiters during the placements. Citing sources across top IITs, the report said that the company would likely offer close to Rs 1.39 crore per year for jobs at its Redmond headquarters, with the total $214,600 package comprising $108,000 as base salary, $21,600 as performance bonus, $15,000 as joining bonus, and $70,000 in restricted stock units.

Further, compared to last year's total package ($136,000) offered by the tech giant for jobs at Redmond, this amounts to a significant increase, added the report.

As reported by Bloomberg, Microsoft is planning a multibillion-dollar overhaul of its main campus in Redmond, Washington, adding space for 8,000 more workers.

While not matching Microsoft's offer, other global majors are also ready to offer hefty remuneration. According to the ET report, Uber Technologies is offering a total package close to $155,000 (Rs 99.87 lakh), albeit at a higher base salary ($110,000) than Microsoft, while Samsung Korea is ready to offer close to $150,000 (Rs 96.8 lakh) and American cloud data management company Rubrik about $115,000 (Rs 74 lakh).   

Citing placement sources, the financial daily said these pay packages could be on offer at the Kanpur, Bombay, Madras, BHU (Banaras Hindu University) and Roorkee campuses.

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