Ibaset India Software Principal Software Engineer Salaries by 4 Employees

8 - 12 years exp.

₹11.4 Lakhs - ₹34.4 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

36% less than the average Principal Software Engineer Salary in Software Product Companies for 8 - 12 years of experience

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Last Updated: 13 Oct 2024

Companies similar to Ibaset India Software for Principal Software Engineer

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QAD Principal Software Engineer Salary 5 - 16 years exp. (3 salaries)	₹20 L/yr - ₹31 L/yr 27% more
Dell Principal Software Engineer Salary 8 - 18 years exp. (988 salaries)	₹19 L/yr - ₹53.2 L/yr 67% more	15 job openings
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Oracle Principal Software Engineer Salary 8 - 18 years exp. (975 salaries)	₹14.8 L/yr - ₹55 L/yr 72% more	9 job openings
Accion Labs Principal Software Engineer Salary 6 - 12 years exp. (426 salaries)	₹9.5 L/yr - ₹40 L/yr 8% more
Dell EMC Principal Software Engineer Salary 9 - 17 years exp. (270 salaries)	₹17 L/yr - ₹55 L/yr 84% more

Principal Software Engineer salary at Ibaset India Software ranges between ₹11.4 Lakhs to ₹34.4 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Ibaset India Software.

Experience wise Ibaset India Software Principal Software Engineer salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
11 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr
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12 years (AmbitionBox Estimate)	₹23.9 L/yr - ₹30.5 L/yr

Similar Designation salaries in Ibaset India Software

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(6 salaries)

₹3.6 L/yr - ₹7.74 L/yr

Lead Software Engineer Salary

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₹13 L/yr - ₹25.13 L/yr

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Top skills at Ibaset India Software for Principal Software Engineer

Spring Security Java Spring Boot Java Microservices Hibernate Venture Capital

Salary related reviews for Ibaset India Software

Software Engineer in Ahmedabad

Engineering - Software & QA Department

1.0

• posted on 12 Apr 2018

1.0

for Salary and Benefits

Likes

Nothing can not expect from frustrated employees

Dislikes

This is most notorious company in Ahmadabad. where every employee treat as criminal. because hr and Indian director having same dirty mentality. they created very frustrated and dirty environment for just save their jobs. recently they have created a concocted story that some from ibaset is threatening and glamorize this matter. they have hired some private detective and taken finger print of all employee at last they didn't get anything in reality there was nothing. From this issue they have saved their jobs and made bad impression of employees in front of idiot management in fact their management is not management they are bunch of joker.i think government agency should take hard action against this company.

Salary - Bad

+6 more

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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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Ibaset India Software Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Ibaset India Software ?

The average salary of a Principal Software Engineer at Ibaset India Software in India typically ranges from ₹11.4 Lakhs to ₹34.4 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Principal Software Engineer at Ibaset India Software earn more than ₹34.4 Lakhs per year, and the top 1% earn over ₹34.4 Lakhs per year. Principal Software Engineer Salaries at Ibaset India Software 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 Ibaset India Software employees in India.

What is the estimated take home salary of a Principal Software Engineer at Ibaset India Software in India?

The estimated take-home salary of a Principal Software Engineer at Ibaset India Software in India typically ranges from ₹1,35,818 to ₹1,40,823 per month. This is based on the average salary range of ₹11.4 Lakhs to ₹34.4 Lakhs per year for employees with experience ranging from 8 years to 12 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 Ibaset India Software. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Software Engineer at Ibaset India Software ?

To be a Principal Software Engineer at Ibaset India Software in india, the key skills required include:

- Spring Security
- Java Spring Boot
- Java
- Microservices
- Hibernate

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

Which companies offer higher salaries than Ibaset India Software for Principal Software Engineer in India?

Dell EMC	₹17.0 Lakhs to ₹55.0 Lakhs per year
Oracle	₹14.8 Lakhs to ₹55.0 Lakhs per year
Dell	₹19.0 Lakhs to ₹53.2 Lakhs per year
QAD	₹20.0 Lakhs to ₹31.0 Lakhs per year
Accion Labs	₹9.5 Lakhs to ₹40.0 Lakhs per year

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

How the salary growth look like for a Principal Software Engineer at Ibaset India Software in India?

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

Experience	Average Salary Range
8 years	₹10.2 Lakhs to ₹13.1 Lakhs per year
11 years	₹16.8 Lakhs to ₹21.4 Lakhs per year
12 years	₹23.9 Lakhs to ₹30.5 Lakhs per year

and so on.

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Ibaset India Software Principal Software Engineer Salaries

Ibaset India Software Principal Software Engineer salary in India ranges between ₹11.4 Lakhs to ₹34.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ibaset India Software latest salaries received from various employees of Ibaset India Software.