HSBC Software Development Associate Software Engineer Salaries by 5 Employees

0 - 3 years exp.

₹3.6 Lakhs - ₹8.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Associate Software Engineer Salary in Software Product Companies for 0 - 3 years of experience

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Last Updated: 13 Mar 2023

Companies similar to HSBC Software Development for Associate Software Engineer

Company name	Avg Annual Salary	Open Jobs
Accenture Associate Software Engineer Salary 0 - 4 years exp. (9.8k salaries)	₹1 L/yr - ₹6.5 L/yr 18% less
Capgemini Associate Software Engineer Salary 0 - 4 years exp. (2.1k salaries)	₹1.8 L/yr - ₹6 L/yr 27% less	2 job openings
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Infinite Computer Solutions Associate Software Engineer Salary 0 - 3 years exp. (749 salaries)	₹2.5 L/yr - ₹8.5 L/yr 12% less
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Unisys Associate Software Engineer Salary 0 - 4 years exp. (81 salaries)	₹3.8 L/yr - ₹15.2 L/yr 48% more
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Coforge Associate Software Engineer Salary 0 - 3 years exp. (70 salaries)	₹2 L/yr - ₹8 L/yr 27% less
Amazon Associate Software Engineer Salary 0 - 6 years exp. (50 salaries)	₹3.6 L/yr - ₹10.1 L/yr 35% more
Persistent Systems Associate Software Engineer Salary 0 - 4 years exp. (50 salaries)	₹1 L/yr - ₹10.5 L/yr 5% less
Siemens Associate Software Engineer Salary 0 - 4 years exp. (50 salaries)	₹5 L/yr - ₹17 L/yr 103% more
FIS Associate Software Engineer Salary 1 - 4 years exp. (42 salaries)	₹3 L/yr - ₹13.1 L/yr 25% more
Dell Associate Software Engineer Salary 0 - 5 years exp. (26 salaries)	₹2.9 L/yr - ₹10 L/yr 30% more
Cisco Associate Software Engineer Salary 0 - 10 years exp. (23 salaries)	₹8.9 L/yr - ₹24.7 L/yr 135% more
Fujitsu Associate Software Engineer Salary 1 - 5 years exp. (21 salaries)	₹3.6 L/yr - ₹14 L/yr 34% more
Tata Elxsi Associate Software Engineer Salary 0 - 4 years exp. (12 salaries)	₹3.1 L/yr - ₹6 L/yr 31% less

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Associate Software Engineer salary at HSBC Software Development ranges between ₹3.6 Lakhs to ₹8.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Associate Software Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
1 year (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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2 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

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Salary related reviews for HSBC Software Development

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 25 Nov 2024

4.0

for Salary and Benefits

Likes

Hybrid working model. Great team and strong supporting managers.

Salary - Good

+6 more

Dislikes

The only thing which I did not like about hsbc was, salary hike is not discussed during appraisal time, and once you get the number there is no scope for discussion.

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 02 Jan 2023

1.0

for Salary and Benefits

Likes

1. No micro management until you are doing your task properly

Dislikes

1. Make sure you join with good package so that you can stay for some year because hikes are very low. 2. Less opportunities for in role promotions & IJP process is not transparent 3. Work culture is average as not much team bonding activity happens

Salary - Bad

+5 more

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 14 Dec 2021

2.0

for Salary and Benefits

Likes

1. Work- life balance can be good if your team is supportive. 2. European work culture can be seen in some teams if managers are cool.

Job security - Good

+1 more

Dislikes

1. Poor compensation. 2. Place is filled with vendors which affects the team culture alot. Vendors generally agree to work longer hours, which forces entire team to work longer. 3. Technology exposure is very limited. 4. The cool factor with software engineer is missing because decisions are largely bank influenced.

Salary - Poor

+2 more

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 01 Mar 2022

3.0

for Salary and Benefits

Likes

Work life balance, good environment to work. No unnecessary pressure of work. You can manage out time to up skill yourself within office hours as well.

Skill development - Good

+5 more

Dislikes

Compensation for sure. It may give a good lure, but yearly hikes are meagre. But overall, if you are more on learning side, go for it. Good place to learn and achieve.

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 04 Jul 2021

5.0

for Salary and Benefits

Likes

Great hike based on performance, work life balance, leave policy.

Salary - Excellent

+4 more

Dislikes

Company is now moving towards cost cutting on higher rate, which is causing threat to job -security, layoffs are very common and yearly process almost.

Job security - Poor

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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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HSBC Software Development Associate Software Engineer Salary FAQs

What is the salary of Associate Software Engineer at HSBC Software Development ?

The average salary of a Associate Software Engineer at HSBC Software Development in India typically ranges from ₹3.6 Lakhs to ₹8.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Associate Software Engineer at HSBC Software Development earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Associate Software Engineer Salaries at HSBC Software Development 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 HSBC Software Development employees in India.

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

The estimated take-home salary of a Associate Software Engineer at HSBC Software Development in India typically ranges from ₹45,328 to ₹46,413 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from Fresher to 3 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 HSBC Software Development. Check how we calculate in-hand salary with our in-hand salary calculator.

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

S&P Global	₹6.0 Lakhs to ₹23.6 Lakhs per year
Cisco	₹8.9 Lakhs to ₹24.7 Lakhs per year
Siemens	₹5.0 Lakhs to ₹17.0 Lakhs per year
FactSet	₹10.0 Lakhs to ₹13.0 Lakhs per year
Optum Global Solutions	₹4.0 Lakhs to ₹16.2 Lakhs per year

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

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

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

Unisys	₹3.8 Lakhs to ₹15.2 Lakhs per year
Amazon	₹3.6 Lakhs to ₹10.1 Lakhs per year
Fujitsu	₹3.6 Lakhs to ₹14.0 Lakhs per year
Dell	₹2.9 Lakhs to ₹10.0 Lakhs per year
FIS	₹3.0 Lakhs to ₹13.1 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 Associate Software Engineer at HSBC Software Development in India?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹7.6 Lakhs per year
1 year	₹5.6 Lakhs to ₹7.1 Lakhs per year
2 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
3 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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HSBC Software Development Associate Software Engineer Salaries

HSBC Software Development Associate Software Engineer salary in India ranges between ₹3.6 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Software Development latest salaries received from various employees of HSBC Software Development.

HSBC Software Development Associate Software Engineer salaries in India

Companies similar to HSBC Software Development for Associate Software Engineer

Latest annual salaries shared by HSBC Software Development Associate Software Engineer

Experience wise HSBC Software Development Associate Software Engineer salaries

Similar Designation salaries in HSBC Software Development

Salary related reviews for HSBC Software Development

Senior Software Engineer in Pune

Senior Software Engineer in Pune

Software Engineer in Pune

Senior Software Engineer in Pune

Senior Software Engineer in Pune

HSBC Software Development Associate Software Engineer Salary FAQs

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