HSBC Software Development Engineering Manager Salaries by 5 Employees (Updated 2025)

15 - 17 years exp.

₹30.5 Lakhs - ₹36 Lakhs

Salary of majority employees

8% less than the average Engineering Manager Salary in Software Product Companies for 15 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA Engineering Manager Salary 15 - 16 years exp. (3 salaries)	₹33.5 L/yr - ₹36 L/yr
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Project & Program Management Engineering Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹30.5 L/yr - ₹35 L/yr

Last Updated: 6 Apr 2024

Companies similar to HSBC Software Development for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Optum Engineering Manager Salary 12 - 17 years exp. (96 salaries)	₹21 L/yr - ₹61 L/yr 26% more
Cisco Engineering Manager Salary 13 - 21 years exp. (66 salaries)	₹22 L/yr - ₹77 L/yr 35% more
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Amazon Engineering Manager Salary 8 - 20 years exp. (60 salaries)	₹37 L/yr - ₹1 Cr/yr 76% more
Accenture Engineering Manager Salary 10 - 20 years exp. (53 salaries)	₹17 L/yr - ₹49.6 L/yr 4% more
Capgemini Engineering Manager Salary 10 - 19 years exp. (44 salaries)	₹17.5 L/yr - ₹36 L/yr 24% less
HCLTech Engineering Manager Salary 11 - 19 years exp. (32 salaries)	₹17.1 L/yr - ₹42.5 L/yr 20% less
Persistent Systems Engineering Manager Salary 9 - 22 years exp. (14 salaries)	₹25 L/yr - ₹45 L/yr 3% more
Nagarro Engineering Manager Salary 7 - 17 years exp. (14 salaries)	₹27 L/yr - ₹42 L/yr 1% more
Unisys Engineering Manager Salary 16 - 22 years exp. (13 salaries)	₹22.6 L/yr - ₹35.8 L/yr 9% less
Capgemini Engineering Engineering Manager Salary 12 - 15 years exp. (12 salaries)	₹19.8 L/yr - ₹42 L/yr 6% less
FactSet Engineering Manager Salary 8 - 17 years exp. (10 salaries)	₹30 L/yr - ₹45 L/yr 11% more
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Sterlite Technologies Engineering Manager Salary 10 - 17 years exp. (9 salaries)	₹22 L/yr - ₹33 L/yr 10% less
Amazon Development Centre India Engineering Manager Salary 15 - 22 years exp. (7 salaries)	₹51 L/yr - ₹1 Cr/yr 121% more
FIS Engineering Manager Salary 13 - 15 years exp. (6 salaries)	₹26 L/yr - ₹38 L/yr 1% less
Quest Global Engineering Manager Salary 9 - 23 years exp. (6 salaries)	₹25 L/yr - ₹38 L/yr 5% less
Mphasis Engineering Manager Salary 5 - 16 years exp. (6 salaries)	₹13 L/yr - ₹30 L/yr 32% less
S&P Global Engineering Manager Salary 12 - 16 years exp. (6 salaries)	₹30 L/yr - ₹65 L/yr 39% more
Coforge Engineering Manager Salary 12 - 15 years exp. (6 salaries)	₹24 L/yr - ₹31 L/yr 19% less
Tata Elxsi Engineering Manager Salary 18 - 19 years exp. (4 salaries)	₹20 L/yr - ₹35 L/yr 15% less
Concentrix Corporation Engineering Manager Salary 2 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹15 L/yr 71% less

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Engineering Manager salary at HSBC Software Development ranges between ₹30.5 Lakhs to ₹36 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Engineering Manager salaries

Last Updated: 6 Apr 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹30.5 L/yr - ₹36 L/yr
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Similar Designation salaries in HSBC Software Development

Senior Engineering Manager Salary

(5 salaries)

₹38 L/yr - ₹61 L/yr

Delivery Manager Salary

(12 salaries)

₹26 L/yr - ₹50 L/yr

Program Manager Salary

(16 salaries)

₹20 L/yr - ₹35 L/yr

Project Manager Salary

(102 salaries)

₹17.45 L/yr - ₹47.5 L/yr

Technical Manager Salary

(4 salaries)

₹19 L/yr - ₹38 L/yr

Associate Engineering Manager Salary

(AmbitionBox Estimate)

₹27.8 L/yr - ₹35.5 L/yr

Product Manager Salary

(6 salaries)

₹20 L/yr - ₹37 L/yr

Senior Project Manager Salary

(46 salaries)

₹35 L/yr - ₹56 L/yr

Scrum Master Salary

(19 salaries)

₹6.5 L/yr - ₹22 L/yr

Principal Engineer Salary

(3 salaries)

₹34 L/yr - ₹50 L/yr

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HSBC Software Development Engineering Manager Salary FAQs

What is the salary of Engineering Manager at HSBC Software Development?

Engineering Manager salary at HSBC Software Development in India ranges between ₹30.5 Lakhs to ₹36.0 Lakhs for experience between 15 years to 17 years. According to our estimates it is 8% less than the average Engineering Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HSBC Software Development India.

How does the salary of a Engineering Manager at HSBC Software Development India compare with the average salary range for this job?

The average salary of a Engineering Manager at HSBC Software Development is 8% less than the average salary of a Engineering Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Software Development to a Engineering Manager in India?

Amazon Development Centre India Engineering Manager Salary - ₹51.0 Lakhs to ₹100.0 Lakhs per year
Amazon Engineering Manager Salary - ₹37.0 Lakhs to ₹102.0 Lakhs per year
S&P Global Engineering Manager Salary - ₹30.0 Lakhs to ₹65.0 Lakhs per year
Cisco Engineering Manager Salary - ₹22.0 Lakhs to ₹77.0 Lakhs per year
Optum Engineering Manager Salary - ₹21.0 Lakhs to ₹61.0 Lakhs per year

What is the salary of a Engineering Manager in companies similar to HSBC Software Development in India?

FactSet Engineering Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
Accenture Engineering Manager Salary - ₹17.0 Lakhs to ₹49.6 Lakhs per year
Persistent Systems Engineering Manager Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
Nagarro Engineering Manager Salary - ₹27.0 Lakhs to ₹42.0 Lakhs per year
FIS Engineering Manager Salary - ₹26.0 Lakhs to ₹38.0 Lakhs per year

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

The estimated take-home salary of a Engineering Manager at HSBC Software Development ranges between ₹2,04,924 per month to ₹2,13,053 per month in India. The take-home salary calculation is based on the average HSBC Software Development Engineering Manager salary in India which ranges between ₹30.5 Lakhs to ₹36.0 Lakhs per year for employees with experience between 15 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Engineering Manager at HSBC Software Development?

According to AmbitionBox, 50% of the HSBC Software Development Engineering Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HSBC Software Development Engineering Manager Salaries

HSBC Software Development Engineering Manager salary in India ranges between ₹30.5 Lakhs to ₹36 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.