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Facebook offers 1.34 cr packages to Allahabad student

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Facebook, (the social networking site,over 50 crore active users) has made a job offer with an annual pay package of Rs 1.34 crore ($262,500) to a MNNIT (Motilal Nehru National Institute of Technology) student, which is the  highest pay package offer made for the institute ever. The average salary of the institution is 10-12 lakh annually, said the Director.
It’s not first time that Facebook offered so big pay package to Indian student. Recently, Facebook hired an NIT Warangal student at a pay package of Rs 45 lakh. In 2010, Facebook hired an Indian Institute of Technology (IIT) Madras student at an annual package of Rs 1.7 crore.

The student is a B.Tech student whose name hasn’t been revealed for privacy reasons. He received a letter from facebook for confirmation his appointment at a pay package of USD 2,62,500. The student would join Facebook in June after completing his final year. He will have to move to Facebook’s Menlo Park, California office.


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