IIT placements on board: Microsoft offers highest renumeration of over 1.5 Cr to the students

As the Indian Institute of Technology witnessed a 25 percent growth in the firms coming for campus hiring, it has got Microsoft as the highest paymaster. The American company is offering the highest annual package of Rs. 1.5 Cr for the jobs in the US, according to placement teams at the top IITs.

This is not it. The cab aggregator Uber after Microsoft is offering Rs 1 Cr plus offers for jobs in the US those graduating in the year 2019.

The placement cell at IIT has confirmed that Microsoft is offering USD 214,600 including base salary, performance bonus, joining bonus, and restrcited stock units.

Microsoft and Uber till now are the only companies offering packages more that Rs 1 Cr.

Several IITs said from core engineering to new age jobs in artificial intelligence, companies are showing greater interest in hiring than the previous year, and they hoped to complete the placement process faster.

Campus hiring in most of the IITs begins Saturday.