FactSet Software Development Engineer Salaries by 7 Employees

0 - 2 years exp.

₹9 Lakhs - ₹15 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

11% less than the average Software Development Engineer Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 13 Oct 2024

Companies similar to FactSet for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Development Engineer Salary 0 - 8 years exp. (95 salaries)	₹10.3 L/yr - ₹30 L/yr 59% more
UBS Software Development Engineer Salary 0 - 3 years exp. (29 salaries)	₹10 L/yr - ₹20.2 L/yr 9% more
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BNY Software Development Engineer Salary 1 - 3 years exp. (28 salaries)	₹15 L/yr - ₹28 L/yr 66% more
Morgan Stanley Software Development Engineer Salary 0 - 6 years exp. (23 salaries)	₹10 L/yr - ₹29 L/yr 49% more
Citicorp Software Development Engineer Salary 0 - 8 years exp. (20 salaries)	₹14 L/yr - ₹30 L/yr 85% more
American Express Software Development Engineer Salary 1 - 5 years exp. (14 salaries)	₹13.9 L/yr - ₹21 L/yr 41% more
Wells Fargo Software Development Engineer Salary 1 - 11 years exp. (14 salaries)	₹12.2 L/yr - ₹29 L/yr 77% more
Fidelity Investments Software Development Engineer Salary 0 - 3 years exp. (8 salaries)	₹9 L/yr - ₹16.4 L/yr 7% more
TSYS\|Total System Services Software Development Engineer Salary 0 - 9 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 12% less
HSBC Group Software Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹8 L/yr - ₹13 L/yr 11% less
Synchrony Software Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹13.5 L/yr - ₹16.4 L/yr 15% more
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Motilal Oswal Financial Services Software Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 63% less
BNP Paribas Software Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 17% less
TIAA Global Business Services Software Development Engineer Salary 2 - 8 years exp. (3 salaries)	₹12.1 L/yr - ₹16 L/yr 17% more
State Street Corporation Software Development Engineer Salary 0 - 3 years exp. (3 salaries)	₹6.9 L/yr - ₹11.2 L/yr 21% less

Software Development Engineer salary at FactSet ranges between ₹9 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of FactSet.

Experience wise FactSet Software Development Engineer salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹21 L/yr
1 year (4 salaries)	₹10 L/yr - ₹15 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹22.5 L/yr

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Salary related reviews for FactSet

1.0

Rated by 1 employees for salary & benefits

Team Lead in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Jan 2022

2.0

for Salary and Benefits

Likes

Work environment and collaboration at work is good

Job security - Excellent

+1 more

Dislikes

Poor career progression, No skill improvement Poor management Poor salary improvement. Company always looking for cost benefit and no employee additional benefits

Salary - Poor

+3 more

Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 21 Apr 2021

4.0

for Salary and Benefits

Likes

Job security is good. Pay is good with fair amount of increment. Good management with less hierarchical dependency. Company policies are also beneficial and supportive. Good place to work for a long period of time.

Salary - Good

+1 more

Dislikes

Team could work more systematically. Usefulness of employees can be increased.

Senior Research Analyst in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 16 Feb 2025

2.0

for Salary and Benefits

Likes

Friendly Environment

Job security - Good

Dislikes

Salary No flexibility regarding work we need to show 8hrs production and they will hire for one process and along with they give multiple trainings for other process as well and it's difficult to manage and will not get the work satisfaction

Salary - Poor

+2 more

Vendor Management Executive in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

1.0

• posted on 03 Sep 2024

5.0

for Salary and Benefits

Likes

...hey directly removed me from job and I never saw this kind of company in life... lastly people who are joining factset for salary please don't go... no job security 0% trust worthy.. I would say reject directly..

Salary - Excellent

Dislikes

No security for job... which is 100% more important for everyone please don't resign job from your precious company if get offer from factset.

Skill development - Poor

+5 more

Software Engineer III in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 14 Jul 2024

2.0

for Salary and Benefits

Likes

1. Work life balance is too good 2. Flexible leave plan at the employee's comfort 3. No politics at the workplace

Work satisfaction - Good

+2 more

Dislikes

1. Compensation doesn't match the market standards 2. Job security at risk when there's an uncertain situation (Higher management never consider the employees' well being in such situations)

Salary - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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FactSet Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at FactSet ?

The average salary of a Software Development Engineer at FactSet in India typically ranges from ₹9.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Software Development Engineer at FactSet earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Software Development Engineer Salaries at FactSet 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 7 FactSet employees in India.

What is the estimated take home salary of a Software Development Engineer at FactSet in India?

The estimated take-home salary of a Software Development Engineer at FactSet in India typically ranges from ₹87,282 to ₹89,571 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 7 salaries received from various employees of FactSet. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than FactSet for Software Development Engineer in India?

Citicorp	₹14.0 Lakhs to ₹30.0 Lakhs per year
Wells Fargo	₹12.2 Lakhs to ₹29.0 Lakhs per year
BNY	₹15.0 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹10.3 Lakhs to ₹30.0 Lakhs per year
Morgan Stanley	₹10.0 Lakhs to ₹29.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by FactSet, depending on the role and experience level.

What is the salary of a Software Development Engineer in companies similar to FactSet in India?

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

American Express	₹13.9 Lakhs to ₹21.0 Lakhs per year
TIAA Global Business Services	₹12.1 Lakhs to ₹16.0 Lakhs per year
Synchrony	₹13.5 Lakhs to ₹16.4 Lakhs per year
UBS	₹10.0 Lakhs to ₹20.2 Lakhs per year
Fidelity Investments	₹9.0 Lakhs to ₹16.4 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 Development Engineer at FactSet in India?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹21.0 Lakhs per year
1 year	₹10.0 Lakhs to ₹15.0 Lakhs per year
2 years	₹10.0 Lakhs to ₹22.5 Lakhs per year

and so on.

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FactSet Software Development Engineer Salaries

FactSet Software Development Engineer salary in India ranges between ₹9 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 FactSet latest salaries received from various employees of FactSet.