True Package of Amazon SDE | Software Engineer

 Amazon India package does it offer and what is the value of the package derived from?

Diamonds do two types of people, the first type of people are our freshers i.e. students who have not worked full time inside any company, now these students may have come for on campus placement, off campus placement or internship. After that, there are other types of cadets, our experience programs, that is, those who have already reduced full time within a company, then the package we will write will be a page with freshers, now experience programs can be for them. Whether the base amount within the package is a little more or their joining bonus is a little less or it depends on what was the salary in their previous company, their package keeps going up and down, then it depends on individual individual.

We will discuss in detail the data of 2022 i.e. the people who have joined amazon india ssdi this year, on the basis of their salary, this complete breakdown goes. One of these students is our YouTube student, about whom we have already put a dedicated interview on YouTube, we can see it by going to the second student, our Alpha student, who is selected for Amazon International Internship, the link of Alpha is also given below. It will be found inside the description box, now before the beginning of the video, we should know that the company which tells its packages or you must have seen in the newspaper that this year a package worth crores has been given to any student. Two hota hai cost tu company water packages are made to you, in D form of CTC is the complete cost which the company has to bear, to bring an employee inside your company, then you are told CTC but it is not necessary that CTC you divided by 12 If you do, that amount will be deposited in your bank account every month. Notices also have different components. Amazon India had told CTC for 101 freshers in India this year. The date was 45.5 on Luck. Three major components of this CTC. The ie BBI between this base bonus and equity is the first component hota hai basra woh component hota hai which is actually inside your bank account the base component for Amazon was 55.5 lakhs i.e. when you divide this value by 12 And whatever amount will come to you, this is the amount which actually comes inside your bank account, approximately 20% of your tax is taxed on the amount after deducting tax, but if you invest more, then your child takes tax. So it is possible that your tax kat may be less, someone may have more tax, so we will not discuss about tax in detail, but around 20% of general people's katra is there and in this also there are many components inside the base like yours. pf provident fund become basic become green how From rental house your medical all slept travel announced or your graduate will be all these components means base value is also divided into your components but all these are for tax purposis Mota Moti if We have to understand the CTC or we have to understand the base, then we can add that the base amount is generally the same in your bank account, after dividing it by 12, now we move towards our component, the component is inside our CTC. Amazon is giving us our bonus in the form of joining bonus, in the form of joining bonus, Amazon prides you 55.5 lakhs, now there are some companies that give joining bonus along with your salary, like I joined Microsoft. did my I got my joinbean along with the salary of first stage but amazon does not do this amazon divides your join bonus in two parts one is your joining bonus of 9.5 lacs which you get in first year and one is your 6 Joining bonus of lakhs which you are getting within the second year, now it is not that the joining bonus is transferred to your bank account at once, this joining is also divided by 12 and given to you every month along with your salary. If you go to 9.5 every month you will be given a divider in 12 Hassan in the first year and 6 lakhs will be given to you every month by dividing it by 12 in the next year, then the amount that is coming in your account every month is yours. Base end is your joining phone, when there is zoning bonus, on top of that you also have to pay tax of about 30%, then the amount that goes into your bank account every month after deducting tax, including both base and bonus, is around 15 Now let's move on to our third component the third component we have equity equity water vibration Stocks of Mr. So Amazon also gives you some of its stalls at the time of innings, which you can sell and reduce as much as you want, then according to this CTC, the equity you have with the stocks given is reduced when the legs are closed. They are not like stocks, they are called RS in common language, they are called Restricted Stock Units, stocks are because it is not that you have got stocks today, now you can go and sell them tomorrow, as if I are normally in the market today. If such a normal person goes to buy the company's stock, then I can sell Amazon's stock [nandung] anytime, can sell it even today, can sell it tomorrow, but if you are joining N Employees further, then you will be given those stocks. You cannot sell them now Stocks you will get within one time Stocks with water you get within four years which is called vesting period At the end of first year you will get your 5% and at the end of second year you will get 15% more At the end of 3rd year you will get 40% more and at the end of 4th year you will get 40% more then this In this way, you are given the amount of your stocks by dividing them into Hassan, within this even once you complete two years, then every 6 months you will get 20% in the next 6 months, 20% in the next 6 months, then 20% in the next 6 months. 20% in 6 months in this manner. Pay 40-40 amount of nutrition you are getting at the end of many more fort years, now it takes so much time to get these stocks because the company wants you to stay with the company for maximum time, then they want If you do less within the company for 2 years, 2.5 years, 3 years, then you can get the value of those who train you, that is why you are lured in a way that if you stay inside the company, then your stocks will get more Yo And the whole will be available within four years. Another advantage is that if the company does this within the next 4 years, so will your stocks, like if today you got stocks worth 13 lakhs and in today's date If the value of Amazon's stocks is there, then if within 4 years the value of Amazon's stocks increases to 4X or 10X rupees, then your 13 lakhs will also increase, that is, if you sell your breath after 4 years, you will get more amount today's paper You are 13 lakhs, so when you are allotted stocks, then they will be given to you according to the value of current Amazon stock running around your corporation. Are allotted but when you sell them after some time then you are matching them on future value, so if you do this then the value of your stocks will also be increasing with time when this stock which is equity component It happens that on top of this, when we sell our stocks, we have to pay tax, so none of the components of your salary are tax free and there is another additional component, you have Relocation Bonus, Location Bonus to those people. If after 4 years you will sell your socks then you will get more amount compare today you are 13 lakhs then when you are allotted stocks then they will be allotted to you according to whatever current amazon stock value is running around your joining platform But when you sell them, after some time, you are selling them at future value, so if you do, then the value of your stocks will also be increasing with time, now this stock has equity component. On top of this, when we sell our stocks, we have to pay tax, on termination, none of the components of your salary are tax free and there is another additional component, you have Relocation Jones Relocation Bonus is given to those people. Those who shift from one city to another, to reduce within Amazon, usually people are coming from other cities, then you are given a location] bonus of 1.5 lakhs, now Amazon gives you Chads either you relocate You can take bonus or Amazon will make flight tickets for you, accommodation in your hotel etc. Will change but usually people prefer to take their money and then travel cheaply in the train and a lot of your money is made in this way, now you will get 30% tax on this bonus If you have to do it, then all these components together make up the package of our company or our CTC is no longer just CTC, apart from this, you are also getting different monthly benefits, like in other benefits, on reducing within Amazon. You will get a reimbursement of 1250 on a monthly basis for the expensive wick you will install at your home, in addition to this, you will get 1100 mill coupes, with the help of which you can have lunch inside the office, make your snacks special and everything else. Along with this, you get medical insurance of five lakhs in which usually your spouse and parents are also covered, you get life insurance of four times por best salary, accidental insurance of Andy times pors salary, in addition to this there is also travel around. & Co. Poojua in the range of 1500 to 4000 When Lee is doing your party, the manager gets some amount or you keep getting the goodies from time to time like Christmas comes, she gets some goodies on time, at the time of Diwali the company was sending you some gift packet. If you send it then all these are some additional boxes which if you keep reducing within the company then you keep experiencing these boxes on a few months or on a quarterly basis, now there may be a question of many students that joining bonus So it ends within two years, so will our salary fall even more in that year, then it is not possible that our appraisals are done on the basis of our performance, so usually your salary is on the basis of 10-15%. Your base salary is there, it keeps on increasing or if you are promoted, then you get more interest i.e. more stocks, which have a separate vesting period of next 4 years, then it is gradually divided into different components. Your salary keeps on increasing Now those who forward Experience Program Experience Engineer SD van Pooj On joining, their salary may be increased by 20 lakh instead of 15.5, your base salary may be 21 lakh or it may be 25, but in their cases, usually your joining bonus is reduced a bit, your joining 5.5. Will do it for the first year and will do it for the second year as well, so in this way the base join bonus etc keeps on delaying but usually the range of its position is defined inside the company like if it is Amazon then it knows that sd] For this, they have to hire an employee from this range to this range, now it may be that if an employee has more base in the middle, then his joining bonus will be less, but the overall package will remain, it is usually similar to all. Stays within the same range, then I hope you would have come to know in more detail about whatever package Amazon had, how its division actually happens on the basis of different components, apart from this, you want us to look at some other company. If you cover the package, then you can also tell me about it by commenting below or else someone else will get rid of your salary. Amazon's specifically package question related to the paid payment, which has not been answered, you can also tell me about it by commenting below.