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 Residency 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 question on ISA below )
However, we request a fully refundable deposit of 10,000 INR once you get selected to confirm your spot in a batch. We do this because we’ve limited spots in the program and we need to make sure someone else can’t take away this opportunity from you by false confirmations.
We refund the full amount of 10,000 INR when you join the batch.
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 17% of your monthly income for a maximum period of 3 years or a maximum cap amount of Rs 20 lakhs.
Since Pesto does not charge any fees upfront, the ISA model incentivises 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 do not pass performance reviews within the first 6 weeks joining Pesto, you will not be bound by the income share agreement and we will go our separate ways.
Your security deposit of Rs 10,000 will also be refunded.
This allows anyone to try Pesto risk free. We believe that if you don't find our training valuable, we don't deserve your money.
When is the security deposit not refunded ?
The only scenario when your security deposit is not refunded is when you sign up to join the program but do not show up at the start or complete the initial trial period. This allows anyone to try Pesto risk free.
We believe that if you don’t find our training valuable, we don’t deserve your money.
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 flexibility to do what you want as you are not liable to pay during the months you don't have a monthly income
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.
If you have any additional questions, feel free to write to us at [email protected]