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Samsara Inc. is expected to offer compensation up to 1.2 crore (109,580 in IIT for Software Engineer roles as per of mint Review of job profile with placement cell. But it also includes performance bonuses 6,630 more Equity worth Rs 36,650 vests in three years. Relocation bonuses are also available for candidates who will need to relocate to London.
High-frequency trader NK Securities, one of the top recruiters in IITs by offering compensation, is looking for a quantitative researcher and a software developer. While compensation is expected to be approximately This includes a joining bonus of Rs 80 lakh 2 lakh, a fixed bonus of approx. 25 lakh, and variable salary and non-cash benefits.
joining bonus are usually part of the compensation. But in the last few years, startups and AI companies have been luring IIT students with stock options to compete with more established companies.
“Retaining top-tier engineering talent, especially coming out of institutions like the IITs, is becoming increasingly difficult due to a number of factors,” said Narayanan Ramaswamy, partner and head of the education and skill development practice at KPMG in India.
Ramaswamy said, “First, youth today want to explore options before finding their calling, which means they will stick to a job only if it is both interesting and rewarding. Second, job roles are changing rapidly, and corporates will need agile and adaptable talent, especially after they have spent some time understanding the culture and requirements of the organization.”
To retain talent, organizations have devised strategies such as good sign-on bonuses, retention bonuses, financial clawbacks, and generous employee stock options (ESOP), He said. “The goal is to keep their intellectual group together, and maximize the value they bring over the long term by preventing quick departures. Even these measures are only successful up to a point, he said, with rival companies snapping them up with an even better deal.”
Over the past few years, new, artificial intelligence-focused firms have gained top positions during the IIT placement season. It coincides with a slowdown in hiring fueled by the pandemic-era frenzy. However, 2025 saw some increase in the pace of recruitment in IITs.
This year, high-frequency trading firms including QuadEye, Graviton Research Capital, NK Securities, Quantbox Research and SquarePoint Capital are offering performance and joining bonuses. Its purpose is to secure the candidate as soon as the offer comes.
Texas Instruments will offer around 40-43 lakhs to undergraduate and postgraduate students in IITs. According to documents reviewed by , a company job description at one of the IITs shows there are $10,000 worth of restricted stock units (RSUs) that have a vesting period of four years. peppermintRSUs are a retention device where employees are given a fixed number of shares after a specified period during which they have to meet performance criteria,
preference for variable pay
A September report from consulting firm Aon found a growing preference for variable pay and bonuses in salaries offered to graduates of top engineering and business schools. The report found that most of the more than 200 companies surveyed expect moderate to high growth in campus hiring. It said organizations are focusing on performance incentives through variable pay ranging from 10% to 12%.
According to the study, while Master of Business Administration (MBA) and engineering graduates have seen a slight increase in total cost to company (TCC), this increase is mainly driven by variable salaries and joining bonuses rather than fixed salaries.
Placements in IITs are a barometer of how campus recruitments in India will shape up in the next few months. The old IITs – Delhi, Bombay, Madras, Kharagpur, Kanpur, Roorkee, Guwahati – started their final placements from the early hours of December 1. Da Vinci Trading, high-frequency trading companies including tech giants Tesla Inc, Apple Inc, Microsoft Corp and Nvidia Corp and aircraft makers Airbus and Boeing are among the companies that will struggle to win the best. engineering genius, peppermint Reported on Monday.
“There is no change in average salaries and bonuses this year, with compensation levels broadly in line with previous cycles,” Airbus said. peppermint In response to email. “Adjustments, where applicable, have been made in line with industry benchmarks and business priorities to ensure competitiveness and fairness.”
Will recruit from aircraft manufacturing company IIT BombayKanpur, Madras and Kharagpur, and the proposed roles include structural analysis, flight physics, simulation and advanced systems studies.
Palo Alto-headquartered healthcare firm Risa Labs is looking to hire for System Engineer and Associate Product Manager roles for its offices in India and the US. Founded by IIT Kanpur alumni Kshitij Jaggi and Kumar Shivang, the healthcare startup is expected to pay a compensation of around Rs 20 lakh. 36 lakhs and $150,000 in India, with an additional $30,000 worth of stock (approx.) Total 16 million in America).
Bonus Clawback
To prevent job attrition, some companies have included specific provisions for clawback if candidates leave before the stipulated period.
vehicle manufacturer TVS Motor Ltd. noted that the joining bonus ₹3 lakh comes with a three-year rebate. Publicis Sapient to offer deferred cash payments 2 lakhs on completion of the first year and the same amount after two years.
IDFC Bank Ltd also has a clear clawback provision. “If an employee resigns before completing one year, he will have to pay “Rs 1 lakh towards training expenses,” says the bank’s job description given to students. The lender will offer a variety of roles. 23-27 lakh for the roles of Associate Data Analysts and Associate Data Scientists respectively.
Siemens Energy, which is looking for substation control and protection engineers, will offer 14.5 lakh in cost-to-company (CTC). Joining bonus will also be given in this ₹1.5 lakh “with 2 years clawback”.
The terms at analytics and digital solutions firm EXL include the provision of joining bonus and anniversary bonus. bonus of Each will be given Rs 1 lakh at the time of joining and on completion of one year respectively. The bonus will be withdrawn if the new employee leaves the job within the stipulated period.
In response to an email of mint Responding to questions, Rajesh S., Senior Vice President, Talent Acquisition at EXL. Nandanwar said bonuses for joining and retention, including clawbacks and stock options, have become standard practice throughout the industry.
“Rather than being viewed as obstacles, these mechanisms are designed to reward and motivate those who are truly committed to an organization’s vision,” he said. “We view such bonuses, clawbacks and stock options as valuable incentives that strengthen long-term engagement and help align individual aspirations with company success.”
Queries emailed to Samsara, QuadEye, Graviton Research Capital, NK Securities, Quantbox Research, SquarePoint Capital, Texas Instruments, Risa Labs, Siemens New Energy, TVS Motor, Publicis Sapient and IDFC First Bank remained unanswered.
Reliance Industries Limited is offering a deferred bonus 5 lakh and annual cash bonus According to 1.05 lakh peppermintA review of the company’s job description was shared with an IIT. The company is hiring graduate engineer trainees for its sites in Jamnagar, Hajiram, Patalganga, Vadodara, Nagothane, Dahej, Bengaluru and Navi Mumbai.
“Graduates from IITs are offered different compensation – Rs 9 lakh on joining, and Rs 10.55 lakh on confirmation after 1 year of training period,” a Reliance Industries spokesperson said in an email response. of mint Question. “We value long-term collaboration and thus, offer a deferred bonus for graduates who stay for more than 3 years.”
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