Frequently Asked Questions
Join the revolution and build your international tech career by getting the skills & opportunities you deserve.
Engineer
Who is Pesto for?
Our typical applicant is a software engineer with 2 to 5+ years of relevant work experience.
What is the average salary of Pesto alumni?
The average salary for Pesto graduates is ₹31 LPA.
Will I have to pay any fee upfront?
No. There are no upfront fees and you pay via an ISA once you get a job. ( see the question on ISA below). However, there is an exit fee of INR 10,000 that is charged if you choose to make an untimely exit. We do this to maintain the integrity and seriousness of the program. We have limited spots in the program and we need to make sure someone else can’t take away this opportunity from you by making false confirmations beforehand and making untimely exits later.
What is an ISA and how does it work?
An ISA or Income share agreement is used for paying Pesto once you have got a job at the salary you deserve. You will pay a graded share (in the range of 13-20%) of your monthly income for a maximum period of 3 years or a maximum cap amount of Rs 20 lakhs. You pay 13% of salary if you make > 1.5x your current income, 17% of salary if you make > 2x your current income, and 20% of salary if you make > 2.5x your current income. Since Pesto does not charge any fees upfront, the ISA model incentivizes us to provide superior training and access to the highest paying opportunities for you. We win when you do.
What happens if I quit the program? Do I still have to pay?
If you quit or want to defer to an upcoming program within first 3 weeks of the program you will not be bound by the income share agreement and we will go our separate ways. However, you will be charged an admin charge of INR 10,000 to exit the ISA agreement.
This is important for us to maintain the integrity and seriousness of the program and ensure that your opportunity is not being blocked by free-riders or false confirmations.
Exit or deferrals post first 3 weeks are not allowed and you are bound by the income share agreement.
Do I have to work for the same company for three years? Can I switch jobs?
Nope, how long you decide to stay with a company is between you and that company. If you love it, feel free to stick around. If you don’t, you are free to leave.
Can I end the contract early?
Yes. If you would like to end your contract early, you can pay the amount equivalent to the payment cap on the contract minus any payments already made.
Do I have to accept my offer from hiring partners?
No, the income share agreement does not bind you to any one company. In fact, you don’t have to accept an offer at all. This is why we structure the agreement as 36 paying months. It gives you the flexibility to do what you want as you are not liable to pay during the months you don’t have a monthly income.
Additional Questions
If you have any additional questions, feel free to write to us at team@pesto.tech
