Macquarie Group Software Development Engineer II Salaries by 4 Employees

7 - 10 years exp.

₹10 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Software Development Engineer II Salary in Financial Services Companies for 7 - 10 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Macquarie Group for Software Development Engineer II

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Development Engineer II Salary 2 - 6 years exp. (140 salaries)	₹16 L/yr - ₹37 L/yr 51% more
American Express Software Development Engineer II Salary 2 - 5 years exp. (29 salaries)	₹17 L/yr - ₹26.4 L/yr 28% more
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Morgan Stanley Software Development Engineer II Salary 2 - 4 years exp. (17 salaries)	₹15.2 L/yr - ₹32 L/yr 37% more
TSYS\|Total System Services Software Development Engineer II Salary 2 - 8 years exp. (11 salaries)	₹7 L/yr - ₹18.8 L/yr 21% less
Citicorp Software Development Engineer II Salary 3 - 7 years exp. (10 salaries)	₹17 L/yr - ₹27.5 L/yr 24% more
FactSet Software Development Engineer II Salary 1 - 4 years exp. (8 salaries)	₹10 L/yr - ₹14 L/yr 23% less
UBS Software Development Engineer II Salary 1 - 3 years exp. (8 salaries)	₹15 L/yr - ₹19 L/yr 1% less
Synchrony Software Development Engineer II Salary 3 - 8 years exp. (4 salaries)	₹16 L/yr - ₹21 L/yr 12% more
Commonwealth Bank of Australia, India Software Development Engineer II Salary 4 - 6 years exp. (3 salaries)	₹24.5 L/yr - ₹30 L/yr 67% more

Software Development Engineer II salary at Macquarie Group ranges between ₹10 Lakhs to ₹24 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Macquarie Group.

Experience wise Macquarie Group Software Development Engineer II salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
8 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
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9 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Macquarie Group

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Devops Engineer Salary

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Project Engineer Salary

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₹7.7 L/yr - ₹9.8 L/yr

System Engineer Salary

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₹6 L/yr - ₹28 L/yr

Senior Engineer Salary

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₹5.36 L/yr - ₹8.73 L/yr

Associate Software Engineer Salary

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₹10.8 L/yr - ₹13.8 L/yr

Lead Software Engineer Salary

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₹20 L/yr - ₹42 L/yr

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Salary related reviews for Macquarie Group

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 14 Feb 2023

4.0

for Salary and Benefits

Likes

Good Pay/bonuses, Culture, Amazing function-wide events

Salary - Good

+3 more

Dislikes

Zero work life balance, Extended shift hours, Monotonous work, Very less focus to enhance technical skills, Very process oriented work, Poor cab service. Great as a first job to do for a year or so, nothing more.

Skill development - Poor

+2 more

Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

2.0

• posted on 14 Jan 2025

2.0

for Salary and Benefits

Likes

Work timings are great

Company culture - Good

+1 more

Dislikes

... to book a day advance , sometimes you get sometimes not. Appraisal is not good. Bonus is too little. Appraisal Plus Bonus does not make difference. Appraisal Amt gets credited very late around in 4-5 months. Lifts take hell lot of time. Leadership keep on revolving whether it is good or bad. Good Leadership should stay but after period of time they also move in some other group. Which makes group unstable.

Salary - Poor

+4 more

Senior Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 02 May 2024

2.0

for Salary and Benefits

Likes

Salary on time. Trying to follow MNC culture

Dislikes

Job Security is not there Really bad Business scenario Turbulent and unstable HR and Strategic decision making Typical qualities of sledging and extensive pressure for meeting illogical deadlines

Salary - Poor

+6 more

Assistant Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

Free lunch.

Dislikes

...oining is resolved. - No transport and even parking not available for employees. They take approx 50k from your salary for year if you opt for parking and that too have waiting. - Special advisory for graduate hires please do not ruin your career starting with Macquarie there is nothing to learn here.

Salary - Poor

+6 more

Access Management in Gurgaon / Gurugram

Full Time

IT & Information Security Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...tunity ,teammates are supportive and the management free meal facility @3 time .increment and good salary growth .

Salary - Excellent

+6 more

Dislikes

I dislike less interaction, and communication gap between team also not provide cab benefit for contractor

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Macquarie Group Software Development Engineer II Salary FAQs

What is the salary of Software Development Engineer II at Macquarie Group ?

The average salary of a Software Development Engineer II at Macquarie Group in India typically ranges from ₹10.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Software Development Engineer II at Macquarie Group earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Software Development Engineer II Salaries at Macquarie Group 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 Macquarie Group employees in India.

What is the estimated take home salary of a Software Development Engineer II at Macquarie Group in India?

The estimated take-home salary of a Software Development Engineer II at Macquarie Group in India typically ranges from ₹1,14,507 to ₹1,17,696 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 7 years to 10 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 Macquarie Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Macquarie Group for Software Development Engineer II in India?

Commonwealth Bank of Australia, India	₹24.5 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹16.0 Lakhs to ₹37.0 Lakhs per year
Morgan Stanley	₹15.2 Lakhs to ₹32.0 Lakhs per year
American Express	₹17.0 Lakhs to ₹26.4 Lakhs per year
Citicorp	₹17.0 Lakhs to ₹27.5 Lakhs per year

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

What is the salary of a Software Development Engineer II in companies similar to Macquarie Group in India?

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

Synchrony	₹16.0 Lakhs to ₹21.0 Lakhs per year
UBS	₹15.0 Lakhs to ₹19.0 Lakhs per year
TSYS\|Total System Services	₹7.0 Lakhs to ₹18.8 Lakhs per year
FactSet	₹10.0 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 Development Engineer II at Macquarie Group in India?

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

Experience	Average Salary Range
7 years	₹21.6 Lakhs to ₹27.6 Lakhs per year
8 years	₹17.5 Lakhs to ₹22.3 Lakhs per year
9 years	₹12.7 Lakhs to ₹16.2 Lakhs per year
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Macquarie Group Software Development Engineer II Salaries

Macquarie Group Software Development Engineer II salary in India ranges between ₹10 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Macquarie Group latest salaries received from various employees of Macquarie Group.