Facebook Recruits IIT Student With Rs 70 Lakh Job Offer

Published on Author Vivek Krishnan3 Comments

Annual campus recruitment programs in the IITs – the premier educational institute of India got a big bump when Facebook offered one of its students a Rs 70 Lakh job offer. The student in question, who gives his name as DKS — he is to graduate from the school of computer science and engineering at IIT-Kharagpur in 2011 and doesn’t want his full name to be revealed — has received a ‘‘ join-us’’ post from the website.

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On the offer letter, officials from IIT-Kharagpur said Facebook offered a starting salary of $90,000, a relocation bonus of $10,000 and a one-time signing amount of $25,000 to the 21-year-old from Jamshedpur. But on the Kharagpur campus , students said DKS had also been offered ESOPs and the entire offer translates to about Rs 1.7 crore.

This news comes as a testimony to the change of power in the world. Internet industry is quickly becoming the most lucrative one and taking precedence. A few years ago, it would sound insane for anyone to work for a website, let alone a social networking site. But internet entrepreneurs have transformed the internet into an amazing medium which has the powers to change the global economy.

What are your views on this news about IIT students placed via campus recruitment in Facebook? Share it below.

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