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Magic Edtech Lead Software Engineer salaries in India

Annual salary range
7 - 16 years exp.
₹15 Lakhs - ₹23.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Lead Software Engineer Salary in IT Services & Consulting Companies for 7 - 16 years of experience

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Last Updated: 27 Mar 2024

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Lead Software Engineer salary at Magic Edtech ranges between ₹15 Lakhs to ₹23.2 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Magic Edtech.

Latest annual salaries shared by Magic Edtech Lead Software Engineer

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7 years exp.
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Experience wise Magic Edtech Lead Software Engineer salaries

Last Updated: 27 Mar 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹22.3 L/yr - ₹40.7 L/yr
8 years (AmbitionBox Estimate)

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₹15 L/yr - ₹40.9 L/yr
9 years (AmbitionBox Estimate)

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₹16 L/yr - ₹23.2 L/yr
10 years (AmbitionBox Estimate)

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₹15 L/yr - ₹23.2 L/yr
11 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹41.4 L/yr
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Top skills at Magic Edtech for Lead Software Engineer

Oracle JDBC Coding Troubleshooting Debugging Javascript Product Management Architectural Design Cloud MongoDB Monitoring RDBMS MySQL XSLT NoSQL

Salary related reviews for Magic Edtech

2.5

Rated by 3 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 10 Oct 2023

4.0
 for  Salary and Benefits

Likes

There is nothing much to write for this company. While salary is good & above industry standard, this is the only good point.

read more
  • Salary - Good

Dislikes

Lot of politics. Many things are happening behind back that impacts moral & job security. These back stabbers fill ears of management. Unfortunately I felt that management supported such back stabbers and listened to them without verifying facts. I would strongly recommend if you have other options take those option than to sabotage your career here.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

UX, Design & Architecture Department

1.0
  •  posted on 24 Sep 2023

1.0
 for  Salary and Benefits

Likes

Some leads are good

Dislikes

...job security HR department just don’t bother for employees No good projects They try to replace you with some fresher who has a low package to maintain profitability Definitely terrible company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Nov 2022

3.0
 for  Salary and Benefits

Likes

Salary is fine. They can offer a comprehensive salary (not the best as per industry standards but good) if you have the skills. I Got a WFH kit worth 15,000 when I joined. Work culture is good, though it may depend on your project members. The upper management however will listen if you face any issue and approach them.

read more

Dislikes

Little to no work life balance. Specially if you are working from home. Most of the days you will have to work for 10+ hours. Still the work never seemed to end. And this is the case across most technologies and projects. A lot of people there complaint about this. Also, I had a really bad experience with my tech lead and lead developer. I was new in their project and they did not help me in any way to understand the project when in fact it was their responsibility. As a result I was struggling with work. Instead of helping, they went behind my back and complained to the higher management about me. I also tried to explained this to my PM and RM but nothing helped. Ultimately I resigned as there was no point in struggling in a project with such toxic environment.

read more
  • Work satisfaction - Poor
  • +1 more

Intern

 · 

Engineering - Software & QA Department

1.0
  •  posted on 01 Mar 2024

4.0
 for  Salary and Benefits

Likes

Only the Salary is Good, and nothing else.

  • Salary - Good

Dislikes

There is no job security. They will fire you immediately without any notice, even if you have worked hard. Managers are not good. There is a lot of politics Even if you are ill manager will tell you to report next day with medical. Don't join this company. They will waste your time and fire you.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 01 Sep 2024

1.0
 for  Salary and Benefits

Likes

1. Flexible working hours 2. Hybrid working 3. Salary on time

  • Work-life balance - Excellent

Dislikes

1. Extremely low salary. Salary below market standard 2. Poor appraisal and hr policies 3. Appraisals never happen on time 4. Low appraisals. If you are being promoted to next level then max appraisal will be 50k a year. Avg appraisals are like 3-4 percent. 5. No learning at all.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Magic Edtech Lead Software Engineer Salary FAQs

What is the salary of Lead Software Engineer at Magic Edtech ?
The average salary of a Lead Software Engineer at Magic Edtech in India typically ranges from ₹15.0 Lakhs to ₹23.2 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Lead Software Engineer at Magic Edtech earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹23.2 Lakhs per year. Lead Software Engineer Salaries at Magic Edtech 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 9 Magic Edtech employees in India.
What is the estimated take home salary of a Lead Software Engineer at Magic Edtech in India?
The estimated take-home salary of a Lead Software Engineer at Magic Edtech in India typically ranges from ₹1,47,272 to ₹1,52,795 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹23.2 Lakhs per year for employees with experience ranging from 7 years to 16 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 9 salaries received from various employees of Magic Edtech. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Lead Software Engineer at Magic Edtech ?
To be a Lead Software Engineer at Magic Edtech in india, the key skills required include:

  • - Oracle
  • - JDBC
  • - Coding
  • - Troubleshooting
  • - Debugging

These skills are highly valued at Magic Edtech and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Magic Edtech for Lead Software Engineer in India?
HERE Technologies ₹24.8 Lakhs to ₹50.0 Lakhs per year
Xoriant ₹21.0 Lakhs to ₹43.0 Lakhs per year
Altimetrik ₹28.5 Lakhs to ₹40.0 Lakhs per year
Globant ₹26.0 Lakhs to ₹34.0 Lakhs per year
HTC Global Services ₹22.0 Lakhs to ₹41.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magic Edtech, depending on the role and experience level.
What is the salary of a Lead Software Engineer in companies similar to Magic Edtech in India?
The salary of a Lead Software Engineer at companies similar to Magic Edtech in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Onward Technologies Inc ₹21.0 Lakhs to ₹32.3 Lakhs per year
Allianz Technology ₹25.0 Lakhs to ₹30.0 Lakhs per year
Collabera Technologies ₹17.0 Lakhs to ₹30.0 Lakhs per year
Iris Software ₹22.0 Lakhs to ₹32.0 Lakhs per year
TEKsystems ₹11.3 Lakhs to ₹29.0 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 Lead Software Engineer at Magic Edtech in India?
The salary growth for a Lead Software Engineer at Magic Edtech depends on factors such as experience, performance, and promotions. On average, a Lead Software Engineer can expect the following growth trajectory at Magic Edtech:

Experience Average Salary Range
7 years ₹22.3 Lakhs to ₹40.7 Lakhs per year
8 years ₹15.0 Lakhs to ₹40.9 Lakhs per year
9 years ₹16.0 Lakhs to ₹23.2 Lakhs per year
10 years ₹15.0 Lakhs to ₹23.2 Lakhs per year
and so on.

Tell us how to improve this page.

Magic Edtech Lead Software Engineer salary in India ranges between ₹15 Lakhs to ₹23.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Magic Edtech latest salaries received from various employees of Magic Edtech.