NetApp MTS1 Offer: Is this good for 1.3 YOE in India?
Hi everyone,
I received an offer from NetApp for an MTS1 role in Bengaluru and would appreciate feedback on the compensation and whether the switch makes sense.
Experience: 1.3 years
Current company: Startup ( Series A fintech)
Current compensation
- Fixed: ₹19 LPA
- ESOPs: ₹4 lakh ESOPS per year
- No major variable component
NetApp offer
Base: ₹21.77 LPA
Target annual bonus: 8% of base, approximately ₹1.74 lakh
Broadband allowance: ₹26,400 per year
Total cash CTC: approximately ₹25.94 LPA ( base+Employer PF, gratuity and other components)
RSUs: $8,000 total, vesting over 3 years
Annualised RSU: 2.5 lakh
Total CTC: approximately ₹28.5 LPA
The recruiter mentioned that this is the maximum compensation available for the MTS1 level, so there does not appear to be any further room for negotiation.
My main concern is that the fixed salary increase is only around 14.5%, although the NetApp RSUs are more liquid and reliable than startup ESOPs.
Questions:
- Is this compensation good for a NetApp MTS1 with 1.3 YOE?
- What is the typical MTS1 compensation range at NetApp Bengaluru?
- How are the work culture, learning opportunities, hikes and promotions?
- Is the annual bonus usually paid close to 100%?
- Is the $8,000 RSU grant standard for MTS1?
- Would you switch from a startup at ₹19 lakh fixed plus ₹4 lakh yearly ESOPs for this offer?
Any insights from current or former NetApp employees would be helpful.