Magnasoft Consulting India Software Engineer Salaries by 5 Employees (Updated 2024)

1 - 3 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

71% less than the average Software Engineer Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr
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Engineering - Hardware & Networks Software Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.3 L/yr

Last Updated: 14 Jun 2024

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Software Engineer salary at Magnasoft Consulting India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Magnasoft Consulting India.

Experience wise Magnasoft Consulting India Software Engineer salaries

Last Updated: 14 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.5 L/yr

Similar Designation salaries in Magnasoft Consulting India

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(6 salaries)

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(4 salaries)

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Java Developer Salary

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Senior Software Developer Salary

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Senior Consultant Salary

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Salary related reviews for Magnasoft Consulting India

2.8

Rated by 5 employees for salary & benefits

Design Engineer in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

...le who don't know anything about work. Language based discrimination he will do. Those who having knowledge will get less pay, those who knows how to take bucket they will get more salary. Lots of favorisom. Still management will believe that person only

Cadd Designer in Hyderabad / Secunderabad

Full Time

Engineering - Hardware & Networks Department

2.0

• posted on 08 Aug 2023

2.0

for Salary and Benefits

Likes

Salary intime credited,you can do learn new softwares

Dislikes

...y,full night work, Worst behaviour of colleagues, Zero percentage job security, Salary growth is low,

Chief Delivery Officer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Regular Salary payments & appraisals

Dislikes

Lack of trust on employees, lack of focus on organisational goals or strategy. Ever-changing directions and unpractical targets Lack of customer orientation and only focus on profits

Freelance Content Writer (working remotely)

Freelancer

Content, Editorial & Journalism Department

1.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Active response during pre joining period

Dislikes

They didn't pay for the work done, as told by them that " we don't let freelancers works without any payment even if they ask them to write something during their interview". During the contract period they will hang you that your work has flaws and need to be corrected after the review. However, they don't send any reviews or any such things instead they will not give you any payment in the end telling you that they didn't use your work. Overall, I won't recommend it to any freelancers depending on my experience. Others can try if it fits to them for sure.

Senior Design Engineer in Bangalore / Bengaluru

Research & Development Department

3.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

Work culture and environment. Freshers have a good opportunity to learn the work.

Dislikes

Salary is decent and there is 2 years bond. No career growth and Rotational week off and working on weekends at month end.

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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Magnasoft Consulting India Software Engineer Salary FAQs

What is the salary of Software Engineer at Magnasoft Consulting India?

Software Engineer salary at Magnasoft Consulting India in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 71% less than the average Software Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnasoft Consulting India India.

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

The average salary of a Software Engineer at Magnasoft Consulting India is 71% 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 Magnasoft Consulting India to a Software Engineer in India?

IBM Software Engineer Salary - ₹4.7 Lakhs to ₹21.5 Lakhs per year
NeoSOFT Software Engineer Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
Wissen Infotech Software Engineer Salary - ₹3.4 Lakhs to ₹14.0 Lakhs per year
Innominds Software Software Engineer Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Wipro Software Engineer Salary - ₹2.0 Lakhs to ₹15.4 Lakhs per year

What is the salary of a Software Engineer in companies similar to Magnasoft Consulting India in India?

Cognizant Software Engineer Salary - ₹2.3 Lakhs to ₹14.7 Lakhs per year
Accenture Software Engineer Salary - ₹3.6 Lakhs to ₹12.7 Lakhs per year
Comviva Technology Software Engineer Salary - ₹3.0 Lakhs to ₹11.9 Lakhs per year
Ugam Solution Software Engineer Salary - ₹2.7 Lakhs to ₹13.0 Lakhs per year
Sonata Software Software Engineer Salary - ₹2.8 Lakhs to ₹12.4 Lakhs per year

What is the estimated take home salary of a Software Engineer at Magnasoft Consulting India in India?

The estimated take-home salary of a Software Engineer at Magnasoft Consulting India ranges between ₹16,372 per month to ₹18,058 per month in India. The take-home salary calculation is based on the average Magnasoft Consulting India Software Engineer salary in India which ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Magnasoft Consulting India?

According to AmbitionBox, 100% of the Magnasoft Consulting India Software Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnasoft Consulting India Software Engineer Salaries

Magnasoft Consulting India Software Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnasoft Consulting India latest salaries received from various employees of Magnasoft Consulting India.