I think I will take Option 1. Just by making a brief calculation. With option 2, the bonus is not confirmed, if the company is not doing well or if they feel you are not going doing well you are losing your bonus. I am not saying you are not a performer but you can never know what will happen in there. Maybe you have screwed up boss etc. I dont know what the educational programme funds are, but certainly you wont have much time making full use of it, ask Company 1 to sponsor your chartership funds. Most MNCs will do that. Moreover, Option 1 you mentioned comes with remuneration adjustment after confirmation. Its a bonus and something to look for in the end.
May I ask how many years of EXP in the related field do you have currently?
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