Magneq Services Software Developer Salaries by 4 Employees (Updated 2024)

1 - 3 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

56% less than the average Software Developer Salary for 1 - 3 years of experience

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Salaries in different departments

Data Science & Analytics Software Developer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr
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Engineering - Software & QA Software Developer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 4 Sep 2024

Companies similar to Magneq Services for Software Developer

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer Salary 0 - 8 years exp. (18.5k salaries)	₹3 L/yr - ₹12 L/yr 105% more
Accenture Software Developer Salary 0 - 8 years exp. (6k salaries)	₹3.9 L/yr - ₹16 L/yr 155% more	1 job opening
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Cognizant Software Developer Salary 0 - 8 years exp. (5.9k salaries)	₹2.5 L/yr - ₹16.6 L/yr 162% more
Infosys Software Developer Salary 0 - 6 years exp. (5.6k salaries)	₹3 L/yr - ₹11.8 L/yr 92% more
Wipro Software Developer Salary 0 - 8 years exp. (5.5k salaries)	₹2 L/yr - ₹17.1 L/yr 151% more
Capgemini Software Developer Salary 0 - 8 years exp. (4.8k salaries)	₹3 L/yr - ₹13.3 L/yr 128% more	2 job openings
Tech Mahindra Software Developer Salary 0 - 7 years exp. (4.3k salaries)	₹2 L/yr - ₹12.8 L/yr 93% more	1 job opening
IBM Software Developer Salary 0 - 11 years exp. (4.3k salaries)	₹8.1 L/yr - ₹27.8 L/yr 367% more	91 job openings
HCLTech Software Developer Salary 0 - 7 years exp. (3.3k salaries)	₹2.6 L/yr - ₹11.2 L/yr 96% more
LTIMindtree Software Developer Salary 0 - 7 years exp. (3k salaries)	₹3.2 L/yr - ₹14.5 L/yr 124% more
Amazon Software Developer Salary 0 - 7 years exp. (1.5k salaries)	₹26.5 L/yr - ₹54.6 L/yr 812% more
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Mphasis Software Developer Salary 1 - 7 years exp. (1.3k salaries)	₹3.3 L/yr - ₹14.8 L/yr 137% more
DXC Technology Software Developer Salary 1 - 7 years exp. (1.1k salaries)	₹3.2 L/yr - ₹13 L/yr 129% more
Deloitte Software Developer Salary 1 - 6 years exp. (913 salaries)	₹4.6 L/yr - ₹17.3 L/yr 194% more
JPMorgan Chase & Co. Software Developer Salary 0 - 10 years exp. (641 salaries)	₹9.8 L/yr - ₹35 L/yr 567% more
Genpact Software Developer Salary 0 - 5 years exp. (615 salaries)	₹4 L/yr - ₹14 L/yr 150% more	1 job opening
Jio Software Developer Salary 0 - 5 years exp. (588 salaries)	₹3.7 L/yr - ₹15 L/yr 148% more	2 job openings
Ernst & Young Software Developer Salary 1 - 6 years exp. (303 salaries)	₹4.1 L/yr - ₹16.7 L/yr 189% more
PwC Software Developer Salary 0 - 6 years exp. (273 salaries)	₹4 L/yr - ₹16 L/yr 166% more
Larsen & Toubro Limited Software Developer Salary 0 - 6 years exp. (264 salaries)	₹2.5 L/yr - ₹10.1 L/yr 102% more	1 job opening

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Software Developer salary at Magneq Services ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Magneq Services.

Experience wise Magneq Services Software Developer salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5 L/yr

Similar Designation salaries in Magneq Services

Salesforce Developer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

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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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Magneq Services Software Developer Salary FAQs

What is the salary of Software Developer at Magneq Services?

Software Developer salary at Magneq Services in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 56% less than the average Software Developer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magneq Services India.

How does the salary of a Software Developer at Magneq Services India compare with the average salary range for this job?

The average salary of a Software Developer at Magneq Services is 56% less than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magneq Services to a Software Developer in India?

Amazon Software Developer Salary - ₹26.5 Lakhs to ₹54.6 Lakhs per year
JPMorgan Chase & Co. Software Developer Salary - ₹9.8 Lakhs to ₹35.0 Lakhs per year
Kotak Mahindra Bank Software Developer Salary - ₹8.8 Lakhs to ₹30.0 Lakhs per year
Reliance Retail Software Developer Salary - ₹7.2 Lakhs to ₹29.0 Lakhs per year
IBM Software Developer Salary - ₹8.1 Lakhs to ₹27.8 Lakhs per year

What is the salary of a Software Developer in companies similar to Magneq Services in India?

BYJU'S Software Developer Salary - ₹4.9 Lakhs to ₹20.0 Lakhs per year
Deloitte Software Developer Salary - ₹4.6 Lakhs to ₹17.3 Lakhs per year
Ernst & Young Software Developer Salary - ₹4.1 Lakhs to ₹16.7 Lakhs per year
HDFC Bank Software Developer Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Axis Bank Software Developer Salary - ₹3.8 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Software Developer at Magneq Services in India?

The estimated take-home salary of a Software Developer at Magneq Services ranges between ₹25,443 per month to ₹26,875 per month in India. The take-home salary calculation is based on the average Magneq Services Software Developer salary in India which ranges between ₹3.0 Lakhs to ₹5.0 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 Developer at Magneq Services?

According to AmbitionBox, 100% of the Magneq Services Software Developers reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Magneq Services Software Developer Salaries

Magneq Services Software Developer salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magneq Services latest salaries received from various employees of Magneq Services.