Table of content:
- Major highlights of the coding challenge, Encipher
- Eligibility criteria
- Salary breakdown
- Application link
Instabase is looking forward to recruiting students as full-time employees & interns via their hiring challenge, Encipher, from the class of 2022 & 2023 at a package of INR 46 Lakhs+ and a stipend of INR 1.6 Lakhs per month respectively.
The winner, first runner-up, and second runner-up will receive a cash reward of INR 2,00,000, INR 1,00,000, and INR 50,000 respectively.
The top 30 candidates will be offered a PPI opportunity with Instabase for a Software Engineering role as a full-time employee/intern.
Major highlights of the coding challenge, Encipher
Recruiting organization |
|
Designation |
Software Engineer (full-time and interns) |
Batch |
2022 and 2023 |
Registration deadline |
January 10, 2022 |
Mode of application |
Online |
Who can apply?
The eligibility criteria for participating in the hackathon are as follows:
- Encipher by Instabase is open to all the girl coders (only). The interested candidates must be in their pre-final or final year of B.Tech/IDD course in software & circuit branches.
- Any girl coder with a work experience of 0-1 year and engineering background (from any of the IITs) can also participate.
- The minimum CGPA/percentage of the registrants should be 7/70% throughout 10th,12th, and engineering.
Salary breakdown of software engineering role at Instabase
Pay Component* |
% of Fixed |
Monthly |
Yearly |
Basic Salary |
50% |
112,500 |
1,350,000 |
House rent allowance |
20% |
45,000 |
540,000 |
Flexible allowances |
30% |
67,500 |
810,000 |
Total fixed salary |
100% |
225,000 |
2,700,000 |
Variable bonus^ |
270,000 |
||
PF employers contribution |
6% |
13,500 |
162,000 |
Cost to company |
3,132,000 |
Along with the CTC, the final recruits will be given ESOPS worth INR 15 Lakhs and the following insurance:
- Medical insurance of INR 5 Lakhs,
- Dental & Vision insurance of 15,000 INR (Supplemental) provided per household per year,
- Life Insurance worth twice the CTC, and,
- Carrot, a fertility and family planning benefit program
How to apply at Encipher, the Instabase coding challenge?
The passionate girl coders are required to tap on the 'register' button on the following link: Instabase Encipher Coding Challenge and proceed with the directions provided on the website.
Good luck!
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