IBS Software Services Senior Engineer L1 Salaries by 5 Employees (Updated 2024)

3 - 13 years exp.

₹15.2 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

124% more than the average Senior Engineer L1 Salary in Software Product Companies for 3 - 13 years of experience

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Last Updated: 5 Nov 2024

Companies similar to IBS Software Services for Senior Engineer L1

Company name	Avg Annual Salary	Open Jobs
TCS Senior Engineer L1 Salary 3 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹14 L/yr 55% less
Wipro Senior Engineer L1 Salary 4 - 8 years exp. (5 salaries)	₹11 L/yr - ₹17.3 L/yr 42% less
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HCLTech Senior Engineer L1 Salary 4 - 8 years exp. (3 salaries)	₹7.1 L/yr - ₹10.5 L/yr 60% less
Tech Mahindra Senior Engineer L1 Salary 4 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹7.6 L/yr 69% less
LTIMindtree Senior Engineer L1 Salary 3 - 7 years exp. (23 salaries)	₹5 L/yr - ₹10.5 L/yr 69% less

Senior Engineer L1 salary at IBS Software Services ranges between ₹15.2 Lakhs to ₹28 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of IBS Software Services.

Experience wise IBS Software Services Senior Engineer L1 salaries

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹15.2 L/yr
4 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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5 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
7 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹23.8 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹23.8 L/yr
10 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹27.1 L/yr
11 years (AmbitionBox Estimate)	₹22.4 L/yr - ₹28.7 L/yr
12 years (AmbitionBox Estimate)	₹23.7 L/yr - ₹30.3 L/yr
13 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹28 L/yr

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Top skills at IBS Software Services for Senior Engineer L1

Oracle Spring Framework J2Ee RDBMS MySQL Spring Boot Spring SQL

Salary related reviews for IBS Software Services

Lead Software Engineer in Kochi

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Aug 2023

3.0

for Salary and Benefits

Likes

Except salary we have other benefits.Appraisal is low comparitively,will get 2-10 percentage in a year. Company culture was good, less politics. Have a good training team which helps to skill development.

Dislikes

Some times could not able to maintain work life balance.when working with product team.

Senior Software Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

3.0

• posted on 14 Dec 2018

1.0

for Salary and Benefits

Likes

Work environment

Dislikes

...ou would feel like you are the only one who can handle what you have did before. But don't expect the salary hike. You would get team champ, excellence awards but these won't get reflects in your salary.

Technical Lead in Bangalore / Bengaluru

Engineering - Software & QA Department

4.0

• posted on 11 May 2022

4.0

for Salary and Benefits

Likes

CTC is not inflated with frivolous components. They tell and write what they pay, which felt very transparent, rare to see nowadays. That was a huge win, atleast for me. Job security is there, learning takes place almost daily and they encourage to learn more. I have also heard about good insurance policy, but have never utilised on this, so no idea. Good place to grow. They give real WFH and not a fake one like 3 day office and 2 day WFH etc - so freedom of work location is definitely there. Also, Hiring HRs were definitely among the best ones I had encountered among the other offers I had received. I can stay a long time here if they give full WFH, try to maintain a better work life balance and give better hikes.

Dislikes

Work life balance is bad, no doubts about it. Sometimes one might have to work on weekends too, for some teams. Hikes are not the best either.

Senior Software Engineer in Kochi

Engineering - Software & QA Department

4.0

• posted on 26 Feb 2022

3.0

for Salary and Benefits

Likes

- Good work environment and team - Very flexible timing - No micro-management or monitoring - Access to paid learning platforms - Good leave policies and no restriction in taking leaves. - Product-based company so will get exposure to enterprise graded technologies

Dislikes

- The salary of existing employees are 40 to 60% less than new joiners. - Health insurance amount is less when compared to other similar companies

Senior Software Engineer in Thiruvananthapuram

Engineering - Software & QA Department

5.0

• posted on 18 Mar 2022

2.0

for Salary and Benefits

Likes

A good place to build a career. You are open to a vast space of various tech and business opportunities that you can learn and implement.

Dislikes

Compensation formats could be made better. Also certains workflows inside the organisation could be made easier.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IBS Software Services Senior Engineer L1 Salary FAQs

What is the salary of Senior Engineer L1 at IBS Software Services?

Senior Engineer L1 salary at IBS Software Services in India ranges between ₹15.2 Lakhs to ₹28.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 124% more than the average Senior Engineer L1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IBS Software Services India.

How does the salary of a Senior Engineer L1 at IBS Software Services India compare with the average salary range for this job?

The average salary of a Senior Engineer L1 at IBS Software Services is 124% more than the average salary of a Senior Engineer L1 in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Engineer L1 at IBS Software Services?

Oracle, Spring Framework, J2Ee, RDBMS and MySQL are some of the popular skills required to work as a Senior Engineer L1 at IBS Software Services India.

What is the salary of a Senior Engineer L1 in companies similar to IBS Software Services in India?

Wipro Senior Engineer L1 Salary - ₹11.0 Lakhs to ₹17.3 Lakhs per year
TCS Senior Engineer L1 Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
HCLTech Senior Engineer L1 Salary - ₹7.1 Lakhs to ₹10.5 Lakhs per year
Tech Mahindra Senior Engineer L1 Salary - ₹5.5 Lakhs to ₹7.6 Lakhs per year
LTIMindtree Senior Engineer L1 Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Senior Engineer L1 at IBS Software Services in India?

The estimated take-home salary of a Senior Engineer L1 at IBS Software Services ranges between ₹1,36,326 per month to ₹1,41,354 per month in India. The take-home salary calculation is based on the average IBS Software Services Senior Engineer L1 salary in India which ranges between ₹15.2 Lakhs to ₹28.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Senior Engineer L1 at IBS Software Services?

According to AmbitionBox, 100% of the IBS Software Services Senior Engineer L1s reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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IBS Software Services Senior Engineer L1 Salaries

IBS Software Services Senior Engineer L1 salary in India ranges between ₹15.2 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IBS Software Services latest salaries received from various employees of IBS Software Services.