Magnaquest Technologies Software Engineer Salaries by 50+ Employees (Updated 2024)

0 - 3 years exp.

₹2.7 Lakhs - ₹7.1 Lakhs

Salary of majority employees

41% less than the average Software Engineer Salary in Software Product Companies for 0 - 3 years of experience

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Last Updated: 1 Dec 2024

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Software Engineer salary at Magnaquest Technologies ranges between ₹2.7 Lakhs to ₹7.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 58 latest salaries received from various employees of Magnaquest Technologies.

Experience wise Magnaquest Technologies Software Engineer salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
Fresher (8 salaries)	₹3 L/yr - ₹4 L/yr
1 year (20 salaries)	₹2.7 L/yr - ₹6.4 L/yr
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2 years (21 salaries)	₹3 L/yr - ₹7.1 L/yr
3 years (9 salaries)	₹4.2 L/yr - ₹7.1 L/yr

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Salary related reviews for Magnaquest Technologies

4.3

Rated by 13 employees for salary & benefits

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 06 Sep 2018

2.0

for Salary and Benefits

Likes

Fantastic company to work with for freshers. you will get lot of opportunity to learn and grow but one will have to compromise on compensation. It’s below market standard. But I believe compensation is one which freshers should not be worried about but the amount of learning one get is more important. Nice colleagues, good manager’s. I would recommend it to freshers.

Dislikes

Salary/ appraisals

ASP.NET MVC Developer in Hyderabad / Secunderabad

Engineering - Software & QA Department

2.0

• posted on 28 Oct 2019

1.0

for Salary and Benefits

Likes

Work environment and colleagues are good but management is too worst.they won't process salary on time.we have to beg them for our salary.

Dislikes

We are working for them.they have to pay us.this is commonsense.but they don't have.

DOT NET Developer

Engineering - Software & QA Department

4.0

• posted on 26 Feb 2019

3.0

for Salary and Benefits

Likes

We can have lot of opportunity to learn and there is no restriction like dress code we can come to office in casuals and we can interact with any other team without restrictions and good work life balance and good guidance from seniors

Dislikes

The salary is delayed by 1 month

Lead Generation Executive in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 17 Oct 2024

4.0

for Salary and Benefits

Likes

I've had the pleasure of working at Magnaquest for the past few months, and it was truly been a transformative experience. The company fosters a culture of innovation and collaboration, which makes everyday exciting. From the start, I was welcomed into a supportive environment where my ideas were valued. The Leadership team is approachable and genuinely invested in employee development. They Provide ample opportunities for professional growth through training programs and mentorship. This place has an excellent work-life balance. My ability to work remotely and have flexible work hours has helped me balance my personal obligations with my productivity.

Dislikes

Nothing

Inside Sales Executive in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 18 Oct 2024

4.0

for Salary and Benefits

Likes

I have been working with MQ for past 5 years. I have learnt a lot over these years and it has helped me incline in my career path. The team is really supportive and dedicated towards work. Good work place with good environment.

Dislikes

There are no team building activities. Some times it gets boring

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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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Magnaquest Technologies Software Engineer Salary FAQs

What is the salary of Software Engineer at Magnaquest Technologies?

Software Engineer salary at Magnaquest Technologies in India ranges between ₹2.7 Lakhs to ₹7.1 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 41% less than the average Software Engineer Salary in India. Salary estimates are based on 58 latest salaries received from various employees of Magnaquest Technologies India.

How does the salary of a Software Engineer at Magnaquest Technologies India compare with the average salary range for this job?

The average salary of a Software Engineer at Magnaquest Technologies is 41% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnaquest Technologies to a Software Engineer in India?

BrowserStack Software Engineer Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
RGBSI Software Engineer Salary - ₹6.8 Lakhs to ₹25.0 Lakhs per year
Bravura Solutions Software Engineer Salary - ₹5.4 Lakhs to ₹15.0 Lakhs per year
AppViewX Software Engineer Salary - ₹4.5 Lakhs to ₹13.7 Lakhs per year
CloudMoyo Software Engineer Salary - ₹3.7 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Software Engineer in companies similar to Magnaquest Technologies in India?

Aurigo Software Engineer Salary - ₹5.0 Lakhs to ₹14.5 Lakhs per year
Wipro Software Engineer Salary - ₹2.1 Lakhs to ₹15.3 Lakhs per year
ValGenesis Software Engineer Salary - ₹3.0 Lakhs to ₹13.4 Lakhs per year
Yodlee Software Engineer Salary - ₹4.8 Lakhs to ₹13.0 Lakhs per year
Ameyo Software Engineer Salary - ₹4.7 Lakhs to ₹11.5 Lakhs per year

What is the estimated take home salary of a Software Engineer at Magnaquest Technologies in India?

The estimated take-home salary of a Software Engineer at Magnaquest Technologies ranges between ₹36,578 per month to ₹37,794 per month in India. The take-home salary calculation is based on the average Magnaquest Technologies Software Engineer salary in India which ranges between ₹2.7 Lakhs to ₹7.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Magnaquest Technologies?

According to AmbitionBox, 44% of the Magnaquest Technologies Software Engineers reported a notice period of 15 days or less, 44% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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Magnaquest Technologies Software Engineer Salaries

Magnaquest Technologies Software Engineer salary in India ranges between ₹2.7 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 58 Magnaquest Technologies latest salaries received from various employees of Magnaquest Technologies.