Walmart Labs 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 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 salary with other top software firms in India.
Salary of a Software Development Engineer in Walmart Labs India
The overall CTC for a Software Development Engineer in Walmart Labs is 23 lakhs. This is broken up into these components.
- Base – 13 Lakhs
- Bonus – 3 Lakhs (including relocation bonus)
- Joining Bonus – 5 Lakhs
- Stock bonus – 2 Lakhs ( vested over 4 years )
This might look at good CTC for a fresher, but many other software firms have much better opportunities, perks and packages. you want to know best software jobs in India please checkout top tech firms in India.
there are some HFTs which have started to provide 1 Crore + package in India itself.
- 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
- Edge Focus Partners – 1.00 Cr per annum
Salary of an Intern in Walmart Labs
The salary for an internship in Walmart Labs in the top IITs is 50 lakhs/month which is lower than salary provided by the best software firms in India. Most firms provide 1 lakh/month
Other Perks
Other perks include free food in the office, free transport service and other benefits.
Location
Walmart Labs offices are located in Bangalore, Chennai and Haryana in India.
Comparison with other Software Firms
Walmart Labs India has a good overall salary structure and amount and compares well with the other firms. I have written separate posts describing the salaries of other top software firms. To know about the salary of other software firms, click on their name.
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