New Delhi, Dec. 2 -- 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 Rs.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 ...