Microsoft 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 profile.
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 Microsoft India
The overall CTC for a Software Development Engineer in Microsoft is 26 lakhs. This is broken up into these components.
- Base – 13 Lakhs
- Bonus – 2.5 Lakhs
- Joining Bonus – 5 Lakhs
- Stock bonus – 22 Lakhs ( vested over 4 years )
Some of the newspapers or advertising agencies show the CTC of Microsoft to be 42.5 Lakhs per annum. They do this by simply including the stock bonus, which is vested over 4 years, in the first year CTC without dividing it by 4.
There are other firms, most of them High-Frequency Trading Firms, which pay much higher than software firms.
- 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 Microsoft
The salary for an internship in Microsoft in the top IITs is 50000/month which is lower than the salary provided by the best software firms in India. Most firms provide 1 lakh/month
Other perks include free food in the office, free transport service.
Microsoft offices are located in Bangalore in India.
Comparison with other Software Firms
Microsoft 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.