Paytm Software Engineer vs Nike SDE 2
Yoe- 2 years 10 months (2022 grad) Current Company Details:- CTC: 17 LPA (15.3 fixed + 1.7 varriable) Company: seed stage B2B startup role:- SDE 1
Offer Details
Company:- Nike Role: SDE 2 Base salary:- 20.5 EPF+NPS+Gratuity :- 2.5 total CTC = 23 LPA + 10% variable if company meets financial goals
Company:- Paytm Role:- Software Engineer Fixed:- 22 Lpa (including EPF and NPS) Gratuity is not part of CTC Total CTC = 22 + 1(Joining Bonus) = 23 LPA No Variables or stocks
Location:- Bengaluru for all
Which offer is better in terms of career growth, learning, and stability? Also, what is the appraisal or promotion scene in both companies? I have heard paytm does not give good appraisals. And what are my chances of getting a promotion to SSE at Paytm next year?
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I feel like you should go with nike, as the variable component is based on company performance. Paytm is not offering any variables.
Next thought is the fact that paytm is still recovering from their payments issues problems. So, I'm not sure if the promotion can come with a good hike.
I had a friend there who used to work in the data engineering team, because of their paytm bank issues with RBI, he didn't receive any appraisal for 2 years. It was very minimal for the first year, a mere 8%.
But I am not sure about tech at Nike, and how it will impact my resume in the future.