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Empower Retirement Software Engineer salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹6.5 Lakhs - ₹18.5 Lakhs
Salary of majority employees
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52% more than the average Software Engineer Salary in Financial Services Companies for 1 - 7 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Empower Retirement for Software Engineer

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Software Engineer Salary

0 - 12 years exp. (2.6k salaries)

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₹10.5 L/yr - ₹35 L/yr

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14 job openings
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Wells Fargo Software Engineer Salary

1 - 10 years exp. (1.6k salaries)

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₹7.8 L/yr - ₹31.9 L/yr

arrow icon 49% more
7 job openings
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₹6.1 L/yr - ₹23 L/yr

arrow icon 9% more
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Bajaj Finserv Software Engineer Salary

0 - 5 years exp. (255 salaries)

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₹4 L/yr - ₹16 L/yr

arrow icon 25% less
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Equiniti Software Engineer Salary

2 - 6 years exp. (46 salaries)

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₹3.5 L/yr - ₹12.7 L/yr

arrow icon 43% less
2 job openings
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Aditya Birla Capital Software Engineer Salary

0 - 6 years exp. (43 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 43% less
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MSCI Software Engineer Salary

0 - 9 years exp. (36 salaries)

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₹12 L/yr - ₹36 L/yr

arrow icon 91% more
6 job openings
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Edelweiss Software Engineer Salary

1 - 7 years exp. (22 salaries)

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₹4.6 L/yr - ₹18.5 L/yr

arrow icon 16% less
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₹3.2 L/yr - ₹13.5 L/yr

arrow icon 37% less
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Religare Software Engineer Salary

1 - 5 years exp. (16 salaries)

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₹4 L/yr - ₹11.5 L/yr

arrow icon 43% less
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Bajaj Capital Software Engineer Salary

0 - 7 years exp. (15 salaries)

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₹3.3 L/yr - ₹6.4 L/yr

arrow icon 70% less
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ICICI Securities Software Engineer Salary

0 - 4 years exp. (12 salaries)

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₹8.2 L/yr - ₹16.5 L/yr

At par
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₹5.5 L/yr - ₹13.5 L/yr

arrow icon 2% less
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₹2.3 L/yr - ₹4.8 L/yr

arrow icon 74% less
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The Muthoot Group Software Engineer Salary

3 - 8 years exp. (8 salaries)

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₹4.4 L/yr - ₹10.3 L/yr

arrow icon 47% less
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Reliance Capital Software Engineer Salary

1 - 4 years exp. (7 salaries)

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₹4.2 L/yr - ₹5 L/yr

arrow icon 64% less
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₹2.7 L/yr - ₹7 L/yr

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ICE Data Services Software Engineer Salary

7 - 12 years exp. (7 salaries)

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₹15.7 L/yr - ₹22 L/yr

arrow icon 49% more
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Sharekhan Software Engineer Salary

3 - 4 years exp. (5 salaries)

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₹4 L/yr - ₹11.9 L/yr

arrow icon 31% less
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JM Financial Software Engineer Salary

2 - 4 years exp. (4 salaries)

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₹4.5 L/yr - ₹11 L/yr

arrow icon 35% less
View all
Software Engineer salary at Empower Retirement ranges between ₹6.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 16 latest salaries received from various employees of Empower Retirement .

Latest annual salaries shared by Empower Retirement Software Engineer

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Experience wise Empower Retirement Software Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹7 L/yr - ₹16.1 L/yr
2 years  (3 salaries)

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₹7 L/yr - ₹18.5 L/yr
3 years  (3 salaries)

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₹6.5 L/yr - ₹20.8 L/yr
4 years (AmbitionBox Estimate)

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₹11 L/yr - ₹13 L/yr
5 years  (4 salaries)

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₹10.4 L/yr - ₹18.5 L/yr
View all

Similar Designation salaries in Empower Retirement

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₹28.54 L/yr - ₹36 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr
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₹9.34 L/yr - ₹33 L/yr
Lead Engineer Salary
(5 salaries)
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₹10 L/yr - ₹35 L/yr
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₹5.3 L/yr - ₹17.3 L/yr
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₹4.5 L/yr - ₹5.8 L/yr
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₹13.5 L/yr - ₹25 L/yr
Web Developer Salary
(13 salaries)
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₹5.15 L/yr - ₹16 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr
Java Developer Salary
(6 salaries)
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₹7 L/yr - ₹13 L/yr

Salary related reviews for Empower Retirement

1.5

Rated by 2 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Good work specially related to tech modernization and cloud related.

  • Skill development - Good
  • +2 more

Dislikes

... all these to support legacy flow and applications. This is somewhat a downside. Other than that pay is below industry structure. People working of a lesser pay than what they can easily get outside.

read more
  • Salary - Poor

Engineering - Software & QA Department

3.0
  •  posted on 05 Feb 2022

5.0
 for  Salary and Benefits

Likes

...e projects are very good in terms of technology. Lots of learning opportunities. Salary hike is very decent.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Work life balance is very bad On-site differentiates with offshore Sometimes you have to work in excel after holding aws certification

read more
  • Work satisfaction - Poor
  • +1 more

Engineering - Software & QA Department

5.0
  •  posted on 24 Oct 2021

2.0
 for  Salary and Benefits

Likes

Management is good, managers encourage to learn new skill and advice to take leaves and break if seen working more.flexible with leaves and good medical policies. Company policies are good.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

...ects and getting delivery of all issues on time and closing all stories on time.The compensation and promotion was not awarded also recognition awards seems to be less compared to other teams.

read more
  • Salary - Poor

Engineering - Software & QA Department

1.0
  •  posted on 15 Mar 2018

5.0
 for  Salary and Benefits

Likes

Free food. Salary. Assistant Mgr and below are all mostly hardworking. US team is very technical.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Lazy Sr managers and above enjoying everyday. Only talk, no action. India Directors use free time to do MBA etc, but don't get involved in project meetings or anything meaningful. Managers get awards for arranging some silly things like 'roadshow'.

read more
  • Work satisfaction - Bad
  • +1 more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 01 May 2023

5.0
 for  Salary and Benefits

Likes

Salary, benifits, appraisals and promotions. Shift timing.

  • Salary - Excellent
  • +4 more

Dislikes

Unpaid overtimes. Unplanned/unscientific targets. High work pressure. Minimum 3hours overtime a day. Saturday and Sunday's are fixed off for name sake but in real we need to forget weekends.

read more
  • Work-life balance - Poor
see more salary related reviews

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Empower Retirement Software Engineer Salary FAQs

What is the salary of Software Engineer at Empower Retirement ?
The average salary of a Software Engineer at Empower Retirement in India typically ranges from ₹6.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Software Engineer at Empower Retirement earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Software Engineer Salaries at Empower Retirement 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 10+ Empower Retirement employees in India.
What is the estimated take home salary of a Software Engineer at Empower Retirement in India?
The estimated take-home salary of a Software Engineer at Empower Retirement in India typically ranges from ₹91,076 to ₹93,473 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 10+ salaries received from various employees of Empower Retirement . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Empower Retirement for Software Engineer in India?
JPMorgan Chase & Co. ₹10.5 Lakhs to ₹35.0 Lakhs per year
MSCI ₹12.0 Lakhs to ₹36.0 Lakhs per year
Wells Fargo ₹7.8 Lakhs to ₹31.9 Lakhs per year
ICE Data Services ₹15.7 Lakhs to ₹22.0 Lakhs per year
TSYS|Total System Services ₹6.1 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Empower Retirement , depending on the role and experience level.
What is the salary of a Software Engineer in companies similar to Empower Retirement in India?
The salary of a Software Engineer at companies similar to Empower Retirement in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Securities ₹8.2 Lakhs to ₹16.5 Lakhs per year
Motilal Oswal Financial Services ₹5.5 Lakhs to ₹13.5 Lakhs per year
Edelweiss ₹4.6 Lakhs to ₹18.5 Lakhs per year
Bajaj Finserv ₹4.0 Lakhs to ₹16.0 Lakhs per year
Sharekhan ₹4.0 Lakhs to ₹11.9 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 at Empower Retirement in India?
The salary growth for a Software Engineer at Empower Retirement depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at Empower Retirement :

Experience Average Salary Range
1 year ₹7.0 Lakhs to ₹16.1 Lakhs per year
2 years ₹7.0 Lakhs to ₹18.5 Lakhs per year
3 years ₹6.5 Lakhs to ₹20.8 Lakhs per year
4 years ₹11.0 Lakhs to ₹13.0 Lakhs per year
and so on.

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Empower Retirement Software Engineer salary in India ranges between ₹6.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Empower Retirement latest salaries received from various employees of Empower Retirement .