NewsIMTSThis is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. As Wall Street’s top quant firms to Big Tech giants kick off the hiring season at the Indian Institutes of Technology, salaries offered are expected to top a crore of rupees. But recruiters are not giving the graduates a free pass. To prevent them from jumping ship, these lucrative compensation packages often come with riders, including joining bonuses, restricted stock units, and clawback provisions. Samsara Inc is expected to offer a compensation of up to ₹ 1.2 crore ( £ 109,580) at IITs for software engineer roles, according to Mint’s review of job profiles with placement cells. But this includes a performance bonus of £ 6,630 and £ 36,650 worth of equity vested over three years. A relocation bonus is also available for candidates who will need to relocate to London. High-frequency trader NK Securities, one of the top recruiters at the IITs by compensation offered, is seeking a quantitative researcher and a software developer. While the compensation is expected to be around ₹ 80 lakh, it includes a joining bonus of ₹ 2 lakh, a fixed bonus of about ₹ 25 lakh, and variable pay… (Updated 2 Dec 2025, 10:04 IST; source: link)
Top recruiters are luring IIT grads with lucrative offers–but there’s a catch —
This section explains the update in simple words for students and readers. It covers what changed, why it matters now, and how it connects to the main announcement in the title. It also shares what to check, where to see official notices, and how to prepare the basic documents. Keep an eye on official portals for authentic details. Read the steps slowly and follow only trusted sources. If timelines are shared, note them in a diary and set reminders. Stay alert for corrections and FAQs. Use this brief guide to act calmly and avoid confusion.
Top recruiters are luring IIT grads with lucrative offers–but there’s a catch —
This section only covers the official dates, exam schedule or process steps. It avoids repeating the first paragraph. Readers get clarity on when events happen, how to check notices on the official website, what documents to keep ready and how to stay updated without confusion. This note explains what it means for students, when the process starts, how to check updates, and what to do next in simple steps. This note explains what it means for students, when the process starts, how to check updates, and what to do next in simple steps.
Key Points
- Samsara Inc is expected to offer a compensation of up to ₹ 1.2 crore ( £ 109,580) at IITs for software engineer roles, according to Mint’s review of job profiles…
- But this includes a performance bonus of £ 6,630 and £ 36,650 worth of equity vested over three years.
- While the compensation is expected to be around ₹ 80 lakh, it includes a joining bonus of ₹ 2 lakh, a fixed bonus of about ₹ 25 lakh, and variable…