PhonePe | Software Engineer | 3 YOE

Anonymous1 week ago

I have around 3 years of experience and currently work as SDE-2 at a startup, with a CTC of ₹28 LPA. I recently received an offer from PhonePe.

Offer details

  • Role: Software Engineer

  • Total experience: 3 years

  • Base salary: ₹35 LPA

  • Joining bonus: ₹2 lakh

  • ESOPs: $40,000 over 4 years

Estimated compensation

  • First year: Approximately ₹45 LPA, including ₹35L fixed, around ₹8L in annualised stock value, ₹2L joining bonus, relocation, and standard benefits.

  • Second year: Approximately ₹42 LPA, excluding the one-time joining bonus.

The fixed salary is a good jump from my current ₹28 LPA, but I’m also trying to understand how the role and team compare with other opportunities at this experience level.

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