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Fidelity Investments

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Fidelity Investments Mainframe Developer salaries in Chennai

Annual salary range
3 - 5 years exp.
₹9.1 Lakhs - ₹13.4 Lakhs
Salary of majority employees
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43% more than the average Mainframe Developer Salary in Financial Services Companies for 3 - 5 years of experience

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Last Updated: 2 Aug 2024

Companies similar to Fidelity Investments for Mainframe Developer in Chennai

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Fidelity Investments Mainframe Developer Salary

3 - 5 years exp. (4 salaries)

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₹9.1 L/yr - ₹13.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Mainframe Developer Salary

1 - 7 years exp. (250 salaries)

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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 35% less
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Cognizant Mainframe Developer Salary

2 - 6 years exp. (104 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 25% less
4 job openings
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Infosys Mainframe Developer Salary

2 - 6 years exp. (47 salaries)

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₹3 L/yr - ₹10.7 L/yr

arrow icon 36% less
31 job openings
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Wipro Mainframe Developer Salary

1 - 6 years exp. (46 salaries)

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₹2.2 L/yr - ₹9.8 L/yr

arrow icon 37% less
2 job openings
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Tech Mahindra Mainframe Developer Salary

2 - 6 years exp. (30 salaries)

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₹3 L/yr - ₹10.3 L/yr

arrow icon 33% less
Mainframe Developer salary at Fidelity Investments ranges between ₹9.1 Lakhs to ₹13.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Fidelity Investments.

Latest annual salaries shared by Fidelity Investments Mainframe Developer in Chennai

7mo ago
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4 years exp.

Experience wise Fidelity Investments Mainframe Developer salaries in Chennai

Last Updated: 2 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.6 L/yr
5 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.4 L/yr

Similar Designation salaries in Fidelity Investments

Software Engineer Salary
(263 salaries)
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₹8.14 L/yr - ₹19 L/yr
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₹8 L/yr - ₹20 L/yr
Lead Engineer Salary
(12 salaries)
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₹13.1 L/yr - ₹25 L/yr

Salary related reviews for Fidelity Investments

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 29 Mar 2025

5.0
 for  Salary and Benefits

Likes

It’s nice to work for a company that offers such inclusivity Offers attractive compensation packages along with excellent health benefits and perks There’s open and honest communication from leadership, keeping everyone informed about company goals and strategies

read more
  • Salary - Excellent
  • +6 more

Dislikes

Freshers and experienced professionals alike are encouraged to share ideas and innovate within a culture that supports growth and learning From parental leave to health insurance, the benefits package is comprehensive and supports employees through various stages of life and career

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 07 Sep 2024

2.0
 for  Salary and Benefits

Likes

The company provides everything that is needed for an individual in a day to day basis and employees are friendly to new joiners.

read more
  • Job security - Excellent
  • +2 more

Dislikes

They don’t provide challenging work that has a good impact on one’s satisfaction. The pay compared to the counterparts are very less. The pay scale revision for certain roles have not been done for the past 10 years. The stipend they provide during internship needs a serious revision.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 03 Jul 2024

1.0
 for  Salary and Benefits

Likes

As a organization it has all the infra required to accomodate any kind of change

  • Company culture - Good

Dislikes

Not valuing the employees No Competetive pay as compared to market Salaries are not normalized regularly Bias and favoritism is growing very fast Micromangement had sown it seeds Unnecessary travel between work location just coz of rennovations

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 29 May 2021

4.0
 for  Salary and Benefits

Likes

Work life balance Opportunities to learn new technologies through Learning platform Pluralsight and internal trainings

  • Salary - Good
  • +5 more

Dislikes

Pay is low compared to other financial services companies. Management is not good and plays politics. Quality of work that we get won't be that great.

read more

Engineering - Software & QA Department

4.0
  •  posted on 22 Oct 2022

3.0
 for  Salary and Benefits

Likes

-> Work life balance is awesome -> Job security is really awesome when it comes to the type of industry we're working in where employees getting fired is everyday affair. -> Decent oncall allowance for support -> Office cabs will pick you up from literally anywhere in Bangalore -> Manager and PO wont sit on your head all the time to get the work done unless its taking really really long, you take your time to get it done. -> Last December we got extra 1.5 lac bonus other than regular perfomance bonus. -> 3 times meal and evening snacks while hybrid model is going on.

read more
  • Skill development - Good
  • +5 more

Dislikes

...ems i face as everyone face them in literally all companies from time to time. The only general improvement Fidelity needs is that salary may need a serious revision to match the industry standards. Rest all is good, you can literally retire working here!!!

read more
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Fidelity Investments Mainframe Developer Salary FAQs

What is the salary of Mainframe Developer at Fidelity Investments in Chennai?
The average salary of a Mainframe Developer at Fidelity Investments in Chennai typically ranges from ₹9.1 Lakhs to ₹13.4 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Mainframe Developer in Chennai at Fidelity Investments earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Mainframe Developer Salaries at Fidelity Investments 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 4 Fidelity Investments employees in India.
What is the estimated take home salary of a Mainframe Developer at Fidelity Investments in Chennai?
The estimated take-home salary of a Mainframe Developer at Fidelity Investments in Chennai typically ranges from ₹69,356 to ₹71,138 per month. This is based on the average salary range of ₹9.1 Lakhs to ₹13.4 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Fidelity Investments. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Mainframe Developer in companies similar to Fidelity Investments in Chennai?
The salary of a Mainframe Developer at companies similar to Fidelity Investments in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant ₹4.0 Lakhs to ₹12.0 Lakhs per year
Tech Mahindra ₹3.0 Lakhs to ₹10.3 Lakhs per year
TCS ₹2.6 Lakhs to ₹9.5 Lakhs per year
Infosys ₹3.0 Lakhs to ₹10.7 Lakhs per year
Wipro ₹2.2 Lakhs to ₹9.8 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 Mainframe Developer at Fidelity Investments in Chennai?
The salary growth for a Mainframe Developer at Fidelity Investments in Chennai depends on factors such as experience, performance, and promotions. On average, a Mainframe Developer in Chennai can expect the following growth trajectory at Fidelity Investments:

Experience Average Salary Range
3 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
4 years ₹10.7 Lakhs to ₹13.6 Lakhs per year
5 years ₹12.0 Lakhs to ₹15.4 Lakhs per year
and so on.

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Fidelity Investments Mainframe Developer salary in Chennai ranges between ₹9.1 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Fidelity Investments latest salaries received from various employees of Fidelity Investments.