Blackrock Software Engineer Level 1 Salaries by 5 Employees

2 - 3 years exp.

₹12 Lakhs - ₹16.9 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Software Engineer Level 1 Salary in Investment Banking / Venture Capital / Private Equity Companies for 2 - 3 years of experience

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Last Updated: 10 Aug 2024

Companies similar to Blackrock for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
Silicon Valley Bank Software Engineer Level 1 Salary 2 - 7 years exp. (4 salaries)	₹9.3 L/yr - ₹13.9 L/yr 18% less
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (601 salaries)	₹5 L/yr - ₹13.7 L/yr 29% less
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FIS Software Engineer Level 1 Salary 2 - 4 years exp. (265 salaries)	₹5 L/yr - ₹12 L/yr 38% less
Oracle Cerner Software Engineer Level 1 Salary 0 - 4 years exp. (236 salaries)	₹5.9 L/yr - ₹9.2 L/yr 44% less
HashedIn by Deloitte Software Engineer Level 1 Salary 0 - 3 years exp. (138 salaries)	₹7.2 L/yr - ₹13 L/yr 30% less

Software Engineer Level 1 salary at Blackrock ranges between ₹12 Lakhs to ₹16.9 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Blackrock.

Experience wise Blackrock Software Engineer Level 1 salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹12 L/yr - ₹16.9 L/yr
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3 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹24.5 L/yr

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Salary related reviews for Blackrock

Software Developer in Mumbai

Engineering - Software & QA Department

4.0

• posted on 16 Mar 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good.

Job security - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary and annual increment is bit on the lower side than its competitors. Career growth is slow.

Salary - Poor

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Mar 2025

1.0

for Salary and Benefits

Likes

free cab and free food

Dislikes

...politics to get promoted as fresher and experienced of 6 year both are analyst. Very low salary, They use brand name to put pressure on you, as no one wants to leave on bad terms from a big brand like this, but overall it is a backoffice of blackrock USA, only operations and low grade tech roles are there.

Salary - Bad

+6 more

Financial Analyst in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

There's Job security and you learn a lot.

Skill development - Excellent

+1 more

Dislikes

...s of seniority rather than the work that is being done and there is favouritism. Salary is below market standards as well.

Salary - Bad

+3 more

Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

...ll work life balance is good in company. Helpful people and environment to work. Pays salary on time.

Work-life balance - Good

Dislikes

Employee performance matters a lot and based on the performance review and ratings, one gets promotion or appraisal on year ends. Little bit of bureaucratic structure within the organization. Knowledge wise, growth is limited for an individual as each process is distributed to different teams. Job security is not guaranteed as senior management won't think twice before laying off from work. Even the best folks are fired if they failed to meet performance expectations.

Skill development - Poor

+2 more

Analyst in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Amazing culture within the firm, seniors and higher management are very supportive and approachable. Work life balance is good. Company provides lots of employee benefits- insurance, cab facility, enough leaves etc.

Salary - Good

+6 more

Dislikes

Pay sometimes is not upto the market standards.

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Blackrock Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Blackrock ?

The average salary of a Software Engineer Level 1 at Blackrock in India typically ranges from ₹12.0 Lakhs to ₹16.9 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Software Engineer Level 1 at Blackrock earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹16.9 Lakhs per year. Software Engineer Level 1 Salaries at Blackrock can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Blackrock employees in India.

What is the estimated take home salary of a Software Engineer Level 1 at Blackrock in India?

The estimated take-home salary of a Software Engineer Level 1 at Blackrock in India typically ranges from ₹94,765 to ₹97,317 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹16.9 Lakhs per year for employees with experience ranging from 2 years to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Blackrock. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Software Engineer Level 1 in companies similar to Blackrock in India?

The salary of a Software Engineer Level 1 at companies similar to Blackrock in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Silicon Valley Bank	₹9.3 Lakhs to ₹13.9 Lakhs per year
MAQ Software	₹5.0 Lakhs to ₹13.7 Lakhs per year
HashedIn by Deloitte	₹7.2 Lakhs to ₹13.0 Lakhs per year
FIS	₹5.0 Lakhs to ₹12.0 Lakhs per year
Oracle Cerner	₹5.9 Lakhs to ₹9.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Engineer Level 1 at Blackrock in India?

The salary growth for a Software Engineer Level 1 at Blackrock depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 can expect the following growth trajectory at Blackrock:

Experience	Average Salary Range
2 years	₹12.0 Lakhs to ₹16.9 Lakhs per year
3 years	₹12.7 Lakhs to ₹24.5 Lakhs per year

and so on.

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Blackrock Software Engineer Level 1 Salaries

Blackrock Software Engineer Level 1 salary in India ranges between ₹12 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Blackrock latest salaries received from various employees of Blackrock.