Story Content

Most of the approximately 10,000 employees in India have been given a one-time special stock grant by Nvidia, with up to ₹5 lakh and a maximum of 1 crore being paid out.

In 2024, CEO Jensen Huang launched the Jensen Special Grant, which offers eligible employees an extra 25 percent of their initial restricted stock units (RSUs). The vested portion of these grants is a period of four years beginning September 18, 2024, with quarterly installments that will conclude in 2028. It is estimated at an average Nvidia share price of about $898 at the time of allocation.

Based on the research of a salary intelligence tool 6figr, stock-based compensation is now a substantial part (often 50-75%) of total compensation at Nvidia India, particularly in the mid-to-senior positions in AI and chip design. In a single instance, a mid-level solutions architecture professional was given an additional amount of RSUs worth approximately 53 lakh in addition to regular grants, bringing the total amount of unvested equity to over 1 crore.

This action can be viewed as reflecting the aggressive approach by Nvidia to recruit and keep the most talented professionals in India, as the need in AI and semiconductor technologies is explosively growing.