HCLTech Matlab Developer Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹6.8 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

100% more than the average Matlab Developer Salary in IT Services & Consulting Companies for 3 - 6 years of experience

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Last Updated: 11 Jan 2025

Companies similar to HCLTech for Matlab Developer

Company name	Avg Annual Salary	Open Jobs
TCS Matlab Developer Salary 1 - 4 years exp. (47 salaries)	₹3.4 L/yr - ₹7.5 L/yr 62% less
Wipro Matlab Developer Salary 2 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹11 L/yr 27% less
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Tech Mahindra Matlab Developer Salary 1 - 4 years exp. (15 salaries)	₹3 L/yr - ₹6.5 L/yr 63% less
Cognizant Matlab Developer Salary 3 - 4 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 61% less
Capgemini Matlab Developer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹10.2 L/yr 31% less
Tata Elxsi Matlab Developer Salary 2 - 4 years exp. (6 salaries)	₹5.5 L/yr - ₹8.5 L/yr 40% less
Mercedes-Benz Research and Development India Matlab Developer Salary 3 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹23.2 L/yr 58% more
Genpact Matlab Developer Salary 3 - 5 years exp. (3 salaries)	₹6.2 L/yr - ₹7.2 L/yr 41% less
L&T Technology Services Matlab Developer Salary 3 - 7 years exp. (3 salaries)	₹5.4 L/yr - ₹11.7 L/yr 15% less

Matlab Developer salary at HCLTech ranges between ₹6.8 Lakhs to ₹16 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of HCLTech.

Experience wise HCLTech Matlab Developer salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹14.6 L/yr
4 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
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5 years (AmbitionBox Estimate)	₹5 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹16 L/yr

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Top skills at HCLTech for Matlab Developer

Simulink MATLAB Python Stateflow Testing Tools Infrastructure Management Tamil Targetlink

Salary related reviews for HCLTech

Technical Lead in Noida

Full Time

Engineering - Software & QA Department

2.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Job security at HCL is generally stable. Work-life balance, however, largely depends on the project, client, and manager.

Job security - Good

Dislikes

HCL offers stable job security; however, career growth opportunities, including promotions, rewards, and salary increments, are limited. Working harder or more dedicatedly often results in being assigned additional responsibilities rather than receiving recognition through salary increases or promotions.

Salary - Bad

+2 more

Senior Software Engineer in Noida

Full Time

Engineering - Software & QA Department

3.0

• posted on 20 Jan 2025

2.0

for Salary and Benefits

Likes

Work life balance you will get but on the other hand salary, employee benefits, appraisals are not even ok ok. Whatever you are getting at the time of hiring just keep it that amount . Don't expect

Job security - Excellent

+1 more

Dislikes

Appraisals , salary, employee benefits and perks. Learning is not enough to survive in industry

Salary - Poor

+3 more

Technical Lead in Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 27 Dec 2024

1.0

for Salary and Benefits

Likes

For learning and experience this is good company.

Skill development - Good

Dislikes

Negligible appraisal. No promotions . There is no standard of giving salary. Junior employee in same team with lower band could have higher salary than senior with upper band. They do not give any goodies on Diwali/new year. They do not give any money on referrals. Just the extra miles points.

Salary - Bad

+2 more

Technical Lead in Chennai

Full Time

Research & Development Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

In HCL salary breakup is a biggest scam. Because if you are joining company with 15 LPA, your take home will be around 95K. Remaining 30k is not assured to return to you. So please dont join HCL if your family is fully depends only on your salary.

Dislikes

Salary breakup is the biggest scam.

Salary - Bad

+3 more

Senior Consultant in New Delhi

Full Time

Project & Program Management Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

...negative....HCLT or Wipro these companies are kind of Desi companies...if u r 3.1 + above band then 15-20 % salary they will make as bonus and wipe out

Skill development - Good

Dislikes

No salary increase from past 2 years, its luck for you if your manager hear your query, also 1-2 years of experience HR will be top of your head doesn't matter how much experienced you are

Salary - Bad

+3 more

see more salary related reviews

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What people are saying about HCLTech

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goodtoknow293

1w (edited)

currently not working

Hcl Tech EPB ( engagement or employee performance bonus) deduction issue.

Hi friends, I am sharing an important information with you. I have recently joined HCL tech. Last December, 2024 my first quarterly appraisal was done. I got near about 7+ out of 10. As of now everything was okay. But this month i.e March,2025 I got only 30% of my EPB component. I then connected with my HR and Manager and RM also but no response. Everyone said, I will check it etc etc....then I talked to one of my colleagues and got to know that if the rating is below 8.5 then 20 to 30% of the EPB component will be credited. Wow 😂...really shocked. Every one in HCL has this issue or concern. So guys if you are a new joiner, be cautious about your quarter or annual rating. Do not accept less than 8.5 or else it will be hugely impacted to your salary slip. Also 7.15 out of 10 is around 70%+...but how they were calculated 30%.. don't know...really bad policy implementation...I am now deciding to leave it now...

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HCLTech Matlab Developer Salary FAQs

What is the salary of Matlab Developer at HCLTech ?

The average salary of a Matlab Developer at HCLTech in India typically ranges from ₹6.8 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Matlab Developer at HCLTech earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Matlab Developer Salaries at HCLTech 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 HCLTech employees in India.

What is the estimated take home salary of a Matlab Developer at HCLTech in India?

The estimated take-home salary of a Matlab Developer at HCLTech in India typically ranges from ₹81,097 to ₹83,211 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 HCLTech. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Matlab Developer at HCLTech ?

To be a Matlab Developer at HCLTech in india, the key skills required include:

- Simulink
- MATLAB
- Python
- Stateflow
- Testing Tools

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

Which companies offer higher salaries than HCLTech for Matlab Developer in India?

Mercedes-Benz Research and Development India

₹7.5 Lakhs to ₹23.2 Lakhs per year

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

What is the salary of a Matlab Developer in companies similar to HCLTech in India?

The salary of a Matlab Developer at companies similar to HCLTech in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Technology Services	₹5.4 Lakhs to ₹11.7 Lakhs per year
Wipro	₹5.5 Lakhs to ₹11.0 Lakhs per year
Capgemini	₹3.0 Lakhs to ₹10.2 Lakhs per year
Tata Elxsi	₹5.5 Lakhs to ₹8.5 Lakhs per year
Genpact	₹6.2 Lakhs to ₹7.2 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 Matlab Developer at HCLTech in India?

The salary growth for a Matlab Developer at HCLTech depends on factors such as experience, performance, and promotions. On average, a Matlab Developer can expect the following growth trajectory at HCLTech:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹14.6 Lakhs per year
4 years	₹9.2 Lakhs to ₹11.8 Lakhs per year
5 years	₹5.0 Lakhs to ₹16.0 Lakhs per year
6 years	₹5.8 Lakhs to ₹16.0 Lakhs per year

and so on.

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HCLTech Matlab Developer Salaries

HCLTech Matlab Developer salary in India ranges between ₹6.8 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HCLTech latest salaries received from various employees of HCLTech.