What do you get while onboarding at Google ?

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Have you ever wondered what laptop, phone, monitor and other equipments do you get while onboarding at Google ? In this video I will be unboxing every Google onboarding item and perk (Over 4L worth).

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Since most of you do not know, The actual CTC is the 2nd year CTC and this is important because if you make a switch / look for a new job, then this actual CTC is used to consider for new offer. The high CTC is not taken into consideration…
Let’s say at Microsoft your quoted CTC is Rs 39, 40, 000 (~39.4 lakhs).

Base Salary: Rs 12, 00, 000 which is further divided into two components:

Basic salary and flexible Base Plan (FBP)
Basic: Rs 4, 72, 000 and FBP: Rs 5, 28, 000

Joining bonus of Rs 3, 00, 000 (Rs 1, 50, 000 in the first month and Rs 1, 50, 000 after 1st year)
Stock Award: $30, 000 (given over 4 years) ~ Rs 22, 00, 000-23, 00, 000

Relocation bonus: Rs 1, 00, 000 (given if you are coming from another city)
Note: This is not included in CTC so this is extra as you will get this only if you claim it.

Performance bonus: Rs 2, 40, 000 (20% of Base salary)
Note: 20% is the maximum if your company (Microsoft in this case) hits its overall goal. It can be less than 20% and even 0%. So, it varies.

There are other components where you can get extra money provided you claim those. These are not included in CTC. These include:

Medical expenses (Within a given limit)
Travel expenses
and others.

Therefore, the following components are added to arrive at the final CTC

Base Salary: Rs 12, 00, 000
Joining bonus: Rs 3, 00, 000
Stock Award: Rs 22, 00, 000
Performance bonus: Rs 2, 40, 000
This gives the CTC as Rs 39, 40, 000.

The following components are one-time that is these components are not considered in the CTC of your 2nd year at Microsoft. So, the 2nd year CTC is always less than the 1st year CTC:

Joining bonus: Rs 3, 00, 000
Stock Award: Rs 22, 00, 000
Therefore, your 2nd year CTC will be Rs 14, 40, 000..

In New tax regime, you cannot do tax saving.
In Old tax regime, you can do tax saving like in Fixed deposit, Interest in loans and much more. This is useful only if you have to pay a large amount of interest for loans like education loan, house loan and others.
Let us calculate the minimum salary:

You are doing no tax saving and are in New tax regime.
You did not receive any bonus (0%).
Then, you get the base salary of Rs 12, 00, 000 only. On this, you pay tax of 20%.

Tax = 2.5 * 0.05 + 2.5 * 0.1 + 2.5 * 0.15 + 2 * 0.2 = 1.15

So, you pay Rs 1.15 lakhs in salary. Your in-hand salary is Rs 10.85 lakhs. So, your monthly in-hand salary is Rs 90, 417.

Let us calculate maximum salary:

Let us assume you do tax saving investments and are in Old tax regime. If you have loan and give interests, you can save tax on the interest up to FBP.
So, you have to pay tax on Basic salary of Rs 4, 72, 000.

Tax = 2.22 * 0.05 = Rs 11, 100

You get the performance bonus of Rs 2, 40, 000 and tax is deducted on it. So, in-hand bonus is Rs 2, 28, 000.

So, in-hand salary is Rs 11, 88, 900 per year and it is Rs 99, 000.

Therefore, your in-hand monthly salary range from Rs 90, 417 to Rs 99, 000.

Your 2nd year CTC / actual CTC will be Rs 14, 40, 000 per year and not Rs 33, 40, 000 per year.

Note -You’ll be getting stocks worth 22 lakhs but you’ll have to pay 30% tax +10 % long term capital gains tax on them and if you leave the company in between the unvested stocks will be forfeited
It’s great to get into these product based companies ( better than service based ones ) but you should be knowing all these things

am-dcet
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Cost of That Cap = ALL Hard Working Hours + All Grinds + All Failures + Will of never give up.

TuxTechLabs
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Cool man pretty good stuff, I work with OnePlus India at the head office we get a bunch of these swags too at our place but it happens during onboarding as well as special occasions such as Diwali & Christmas, but nice to see a view from Google's employees too, wish you good luck for the future!

eboyblackout
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Your confidence is just uncanny considering this is just your second video. Your channel has a huge growth potential. Don't forget I was in the first 100 subscribers when you cross 100K. + I will be trying to join Google after 1 year, hope to see you then.

sarveshsharma
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Your journey sounded very genuine and inspiring. And in this this video I could see how hardwork pays off
I am in 2nd year, CSE . Looking forward for your amazing videos 😃

bhavanav
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Saying that people get most of
these items for free is also a misrepresentation.Most companies do provide WFH setups, and after you leave the company, you have to return it. The true items that stay with you are the ones you got it for free, for the others, you're just another person holding on to it for the time being. Besides, companies procure all these items at a fraction of a cost. I don't understand the joining kit flex that's trending now a days…
Once you leave the company you need to return the office assets or else you won’t receive your fnf payment
Great video btw 😄😊

am-dcet
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A couple of suggestions for your channel, share coding practices followed at google. What kind of real world problems you need to solve, how team collaborates. How much you need to code. How much DSA is needed in your everyday task. How you approach to learning anything new in Dev.

MakeItStik
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Motivation to study well and work in Google❤❤Thank you🙏❤

constantlearning
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When the combined goodies price is equivalent to your annual CTC at TCS, infosys😂

Shriharsh
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great video, loved the quality... how do you plan and edit the videos? Do you have a team in place? and if so who all do you have in your team?

nisargmodi
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Just wanted to know what process you had to go through to join Google. I am not from the same field though (UI/UX) looking forward to join Google so can you like guide me a little bit like whether you applied somewhere or campus selection or they approached you like what all process was involved

utkarshsingh
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Bro please make, all of your works at Google and many things you do in company, And your our youngsters motivation, And your 2 videos are so interesting, please try to make more

sanjeeva_krishna_official
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Sheer Hardwork and Simplicity ! Keep it up brother

pradyumnapalav
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This is really Amazing video for us..Thank you thank you so much....!!!

r-thefactstar
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Love you, Ashhad Your travel, Your Video....Just beautiful....

ujjwalsrisai
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Please Make More Vids like how to get there etc & Congratulations and Keep it Up Bhaiya!

Hatinglover
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0:56 wow 👍 Nobita wali cap 🧢 jise pahen ke aasman 🌨️⛈️ me uudh sakte hai superb

n.r.
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Very helpful video i must say. Thanks for sharing the trick with us

thaliadevlin
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Thanks for motivating us inshallah hum bhi mahnat karke google dream company me kaam karinge

GAME-fjjs
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Bruh I thought i was watching someone with million of subs 😂 bhai itna confidence who bhi second video Itni quality bhai all the best for future

sociopath