Google is among the top multinational software companies offering positions in India. It has been coming to various NITs / IITs for placements as well as internships for many years. The salary it provides to its employees is comparable to the top Software firms in India.
Given the position of this firm is among the top software firms in India, it’s time to know about their salary structures for software development profiles.
I am an IITian who has completed his BTech in computer science and engineering from IIT Bombay. Hence I would like to share the information that would help many aspirants who are looking forward to joining a software firm after their college.
Apart from the salary, I will also be adding various perks that these companies provide to their employees. These are based on the data that is available from the placement seasons of 2020 and 2021. At last, I have compared salaries with other top software firms in India.
Salary of a Software Development Engineer in Google India
The overall CTC for a Software Development Engineer in Google is 31 lakhs. This is broken up into these components.
- Base – 16 Lakhs
- Bonus – 4 Lakhs
- Joining Bonus – 2 Lakhs
- Stock bonus – 36 Lakhs ( vested over 4 years )
Yeah, it’s not much. You might get to read salaries much higher than this for google but that’s not the CTC that one gets at the end of the year. People add the stock bonus which is vested over 4 years, in the overall CTC to mislead people into thinking that the salary is too high.
But there are a few firms in India that do have a higher CTC.
- Tower Research Capital – 57 Lakhs per annum
- Graviton Research LLC – 1.2 Cr per annum
- Quadeye – 1.2 Cr per annum
- NK Securities Research – 1.68 Cr per annum
- AlphaGrep Securities – 1.03 Cr per annum
- APT Portfolio – 64 Lakhs per annum
- Millenium Management – 62 Lakhs per annum
- Edge Focus Partners – 1.00 Cr per annum
- DE Shaw
- Black Stone
- Mathysis – 36 Lakhs
Many of these firms have their salaries in the range 1 Cr + per annum and that too in India. This has disrupted the entire trend of software firms hiring top candidates from IITs. Software firms now can’t even compete in terms of CTC/Salary to these HFTs.
Salary of an Intern in Google
The salary for an internship in Google in the top IITs is 1 lakhs/month which matches the salary provided by the best software firms in India.
Other perks include free food in the office, free transport service, gym, WFH money.
Google offices are located in Hyderabad, Bangalore, Gurgaon and Mumbai in India.
Comparison with other Software Firms
Google India has a good overall salary structure and amount and compares well with the other firms. If you want to know best MNCs offering software jobs in India please checkout top tech firms in India.