Invenio Business Solutions Software Engineer Salaries by 6 Employees

0 - 6 years exp.

₹4.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

43% less than the average Software Engineer Salary in IT Services & Consulting Companies for 0 - 6 years of experience

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Last Updated: 29 Mar 2023

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Software Engineer salary at Invenio Business Solutions ranges between ₹4.2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Invenio Business Solutions.

Experience wise Invenio Business Solutions Software Engineer salaries

Last Updated: 29 Mar 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.5 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.6 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr

View all

Salary related reviews for Invenio Business Solutions

SAP PreSales - Senior Solutions Architect I Digital Supply Chain in United Kingdom

Engineering - Software & QA Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

Invenio is open to innovation and readily adopts latest technology. I proud the fact that I am a part of a versatile team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US, China, Africa and United Kingdom. But on-site travel is completely dependent on your project and client's location. Mine is a UK and US based clients and they have some offices in London, New York, hence I got a B1 and TIER 2 ICT visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee specific policy and care here. Invenio is absolutely vision oriented organisation and trying best of best for achieving it.

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but growth is little slow. The work pressure is very high. Sometimes, I have to work 14-16 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value a individuals unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation from my clients, but they mostly go unnoticed during appraisals. Also there is no on-job training, competency building program, hence senior folks like me have to guide them step-by-step, which is pain sometimes.

SAP Trainee - Tester in Navi Mumbai

Engineering - Software & QA Department

4.0

• posted on 29 Nov 2019

3.0

for Salary and Benefits

Likes

I love the fact that i am a part of a company that markets reliable basically providing good solutions by SAP in Taxation, high quality products and has a global client base. Another plus point is I get to learn so many things here like enhancing my skills.

Job security - Good

+1 more

Dislikes

We haven't get monetary compensation for our extra hours and weekend working. Sometimes I have to work 12-14 hours straight in a day as because of work load. They are not providing training for testing team but can provide training for functional and development team.

Junior Consultant in New Delhi

SAP Department

1.0

• posted on 05 May 2021

1.0

for Salary and Benefits

Likes

Only good think is that they hire freshers that's it.

Dislikes

It is one of the worst company to work for... no job security, no good salary, lots of politics, senior think themselves as god, bad behavior, it's just the waste of time to work in this company.

Salary - Bad

+6 more

Senior Consultant in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 26 Sep 2024

4.0

for Salary and Benefits

Likes

You get exposure to learn many things specially when you belongs to technical area. New technologies, tools helps you to grow professionally and compete with others.

Salary - Good

+5 more

Dislikes

Promotion should be done timely based on the good performance of an employee.

Associate Consultant in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 17 May 2024

1.0

for Salary and Benefits

Likes

Learning in project will be more and can directly have higher chances to learn more than one primary skill

Skill development - Excellent

Dislikes

People like to interfere in personal life and politics are more and most of the managers are perverts

Salary - Bad

+5 more

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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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Invenio Business Solutions Software Engineer Salary FAQs

What is the salary of Software Engineer at Invenio Business Solutions ?

The average salary of a Software Engineer at Invenio Business Solutions in India typically ranges from ₹4.2 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Engineer at Invenio Business Solutions earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Software Engineer Salaries at Invenio Business Solutions 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 6 Invenio Business Solutions employees in India.

What is the estimated take home salary of a Software Engineer at Invenio Business Solutions in India?

The estimated take-home salary of a Software Engineer at Invenio Business Solutions in India typically ranges from ₹36,381 to ₹37,600 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher 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 6 salaries received from various employees of Invenio Business Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Invenio Business Solutions for Software Engineer in India?

F5 Networks	₹10.0 Lakhs to ₹37.0 Lakhs per year
Ansys Software Private Limited	₹10.0 Lakhs to ₹32.0 Lakhs per year
Verint Systems	₹7.8 Lakhs to ₹28.5 Lakhs per year
TomTom	₹12.0 Lakhs to ₹23.4 Lakhs per year
Epicor Software Corporation	₹7.4 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Software Engineer in companies similar to Invenio Business Solutions in India?

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

Smart Energy Water	₹7.0 Lakhs to ₹23.0 Lakhs per year
Statusneo	₹5.5 Lakhs to ₹20.3 Lakhs per year
Infoblox	₹7.0 Lakhs to ₹18.0 Lakhs per year
Altair Engineering	₹4.5 Lakhs to ₹17.0 Lakhs per year
CDW	₹7.8 Lakhs to ₹14.0 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 Software Engineer at Invenio Business Solutions in India?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹5.0 Lakhs per year
1 year	₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years	₹4.2 Lakhs to ₹8.6 Lakhs per year
3 years	₹1.9 Lakhs to ₹5.5 Lakhs per year

and so on.

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Invenio Business Solutions Software Engineer Salaries

Invenio Business Solutions Software Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Invenio Business Solutions latest salaries received from various employees of Invenio Business Solutions.