FactSet Software Engineer Level 1 Salaries by 30+ Employees (Updated 2025)

0 - 2 years exp.

₹8.9 Lakhs - ₹12.8 Lakhs

Salary of majority employees

Fixed (88%)

₹9.4 Lakhs

Variable (12%)

₹1.2 Lakh

8% more than the average Software Engineer Level 1 Salary in Financial Services Companies for 0 - 2 years of experience

Interested in this particular role?

Last Updated: 19 Feb 2025

Companies similar to FactSet for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Level 1 Salary 1 - 5 years exp. (55 salaries)	₹11 L/yr - ₹21 L/yr 53% more	1 job opening
American Express Software Engineer Level 1 Salary 5 - 10 years exp. (17 salaries)	₹15.8 L/yr - ₹42 L/yr 215% more
Login to view exact salary
Synchrony Software Engineer Level 1 Salary 2 - 6 years exp. (5 salaries)	₹14.4 L/yr - ₹15.6 L/yr 41% more
Wells Fargo Software Engineer Level 1 Salary 0 - 2 years exp. (5 salaries)	₹18 L/yr - ₹24 L/yr 104% more
TSYS\|Total System Services Software Engineer Level 1 Salary 1 - 3 years exp. (4 salaries)	₹9 L/yr - ₹10 L/yr 10% less
Morgan Stanley Software Engineer Level 1 Salary 0 - 4 years exp. (4 salaries)	₹12 L/yr - ₹28 L/yr 88% more
Fidelity Investments Software Engineer Level 1 Salary 1 - 2 years exp. (4 salaries)	₹13 L/yr - ₹14 L/yr 27% more
HSBC Group Software Engineer Level 1 Salary 1 - 2 years exp. (4 salaries)	₹9.6 L/yr - ₹17.5 L/yr 18% more

Software Engineer Level 1 salary at FactSet ranges between ₹8.9 Lakhs to ₹12.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 36 latest salaries received from various employees of FactSet.

Experience wise FactSet Software Engineer Level 1 salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (11 salaries)	₹9 L/yr - ₹11 L/yr
1 year (22 salaries)	₹8.9 L/yr - ₹12.5 L/yr
Login to view exact salary
2 years (3 salaries)	₹11 L/yr - ₹12.8 L/yr

From

Software Engineer Level 1

₹

Lakhs/yr

0 - 2 years exp.

Lead Software Engineer

₹

Lakhs/yr

7 - 13 years exp.

Software Engineer Level 1

0 - 2 years exp.

Software Engineer2

1 - 4 years exp.

33% hike

Software Engineer III

3 - 7 years exp.

33% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in FactSet

Lead Software Engineer Salary

(51 salaries)

₹23 L/yr - ₹51 L/yr

Software Developer Salary

(38 salaries)

₹8.04 L/yr - ₹19.8 L/yr

Senior Software Developer Salary

(9 salaries)

₹16.5 L/yr - ₹28 L/yr

Software Development Engineer II Salary

(8 salaries)

₹10 L/yr - ₹14 L/yr

Jira Administrator Salary

(6 salaries)

₹7.5 L/yr - ₹21 L/yr

Python Developer Salary

(5 salaries)

₹7 L/yr - ₹24 L/yr

Salesforce Developer Salary

(4 salaries)

₹3.5 L/yr - ₹4 L/yr

RPA Developer Salary

(3 salaries)

₹6 L/yr - ₹10 L/yr

Software Engineer Team Leader Salary

(3 salaries)

₹20.2 L/yr - ₹35 L/yr

Software Programmer Salary

(3 salaries)

₹14 L/yr - ₹16 L/yr

Top skills at FactSet for Software Engineer Level 1

Operations C++ Deployment Computer science Data Structures Perl Analytical Unix Training Python Linux Backend Troubleshooting Networking Data Analytics

Salary related reviews for FactSet

3.4

Rated by 6 employees for salary & benefits

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

Equity Research Analyst in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 25 May 2024

2.0

for Salary and Benefits

Likes

Here are some common likes employees have reported about working at FactSet: 1. **Company Culture**: FactSet is often praised for its inclusive and collaborative work environment, where teamwork and mutual support are encouraged. 2. **Learning Opportunities**: Employees appreciate the emphasis on continuous learning and development, with access to various training programs and resources. 3. **Work-life Balance**: the work-life balance to be favorable, with flexible working hours and remote work options. 4. **Benefits**: The company offers a comprehensive benefits package, including health insurance, retirement plans, and wellness programs. 5. **Innovation and Technology**: FactSet is known for being at the forefront of financial data and technology, providing employees with opportunities to work on cutting-edge projects. .6 **Global Presence**: The company's international reach offers opportunities for global collaboration and mobility.

Dislikes

...s about limited opportunities for career advancement and professional growth. 3. **Compensation**: employees feel that the compensation and benefits could be more competitive compared to industry standards. 4. **Management**: There are mixed reviews about management, with employees citing a lack of clear communication and support. 5. **Workload**: The workload can be intense at times, leading to stress and burnout for some employees.

Salary - Poor

+6 more

Client Advisor in Hyderabad / Secunderabad

Full Time

Other Department

4.0

• posted on 26 Apr 2023

4.0

for Salary and Benefits

Likes

Company culture is overall good. Salary and other benefits are upto industry standards.

Salary - Good

+3 more

Dislikes

Night shifts affects your health if not taken proper rest and food. Less opportunity to learn in this role because the role is product specific.

Skill development - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about FactSet?

Ask anonymously on communities.

FactSet Software Engineer Level 1 Salary FAQs

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

The average salary of a Software Engineer Level 1 at FactSet in India typically ranges from ₹8.9 Lakhs to ₹12.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Software Engineer Level 1 at FactSet earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹12.8 Lakhs per year. Software Engineer Level 1 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 30+ FactSet employees in India.

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

The estimated take-home salary of a Software Engineer Level 1 at FactSet in India typically ranges from ₹76,383 to ₹78,363 per month. This is based on the average salary range of ₹8.9 Lakhs to ₹12.8 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 30+ salaries received from various employees of FactSet. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer Level 1 at FactSet ?

To be a Software Engineer Level 1 at FactSet in india, the key skills required include:

- Operations
- C++
- Deployment
- Computer science
- Data Structures

These skills are highly valued at FactSet and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than FactSet for Software Engineer Level 1 in India?

American Express	₹15.8 Lakhs to ₹42.0 Lakhs per year
Wells Fargo	₹18.0 Lakhs to ₹24.0 Lakhs per year
Morgan Stanley	₹12.0 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹11.0 Lakhs to ₹21.0 Lakhs per year
Synchrony	₹14.4 Lakhs to ₹15.6 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 Engineer Level 1 in companies similar to FactSet in India?

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

Fidelity Investments	₹13.0 Lakhs to ₹14.0 Lakhs per year
HSBC Group	₹9.6 Lakhs to ₹17.5 Lakhs per year
TSYS\|Total System Services	₹9.0 Lakhs to ₹10.0 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 FactSet in India?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹11.0 Lakhs per year
1 year	₹8.9 Lakhs to ₹12.5 Lakhs per year
2 years	₹11.0 Lakhs to ₹12.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
FactSet Salaries >
FactSet Software Engineer Level 1 Salaries

FactSet Software Engineer Level 1 salary in India ranges between ₹8.9 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 FactSet latest salaries received from various employees of FactSet.