Magneto IT Solutions Java Back End Developer Salaries by 3 Employees (Updated 2025)

2 - 3 years exp.

₹4.1 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Java Back End Developer Salary in IT Services & Consulting Companies for 2 - 3 years of experience

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Last Updated: 27 Mar 2024

Companies similar to Magneto IT Solutions for Java Back End Developer

Company name	Avg Annual Salary	Open Jobs
TCS Java Back End Developer Salary 1 - 6 years exp. (313 salaries)	₹2.6 L/yr - ₹10 L/yr 28% more
Infosys Java Back End Developer Salary 1 - 4 years exp. (87 salaries)	₹3 L/yr - ₹10 L/yr 14% more
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Capgemini Java Back End Developer Salary 1 - 4 years exp. (71 salaries)	₹3.2 L/yr - ₹10 L/yr 16% more
Wipro Java Back End Developer Salary 1 - 3 years exp. (67 salaries)	₹2 L/yr - ₹7.1 L/yr 14% less	1 job opening
Cognizant Java Back End Developer Salary 2 - 4 years exp. (47 salaries)	₹4.5 L/yr - ₹10.8 L/yr 43% more

Java Back End Developer salary at Magneto IT Solutions ranges between ₹4.1 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Magneto IT Solutions.

Experience wise Magneto IT Solutions Java Back End Developer salaries

Last Updated: 27 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Magneto IT Solutions

Senior Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

There is nothing to like here.

Dislikes

If you are fresher just don't join here. They pay less no job security at all. Their HR takes WFH whenever she needs but denies WFH to people in need. They don't even a proper internet connection. Look for something else instead of this company.

Salary - Bad

+6 more

Software Developer in Pune

Engineering - Software & QA Department

1.0

• posted on 20 Dec 2021

1.0

for Salary and Benefits

Likes

Salary on time. Final option for fresher but avoid if possible

Dislikes

Unprofessional management. Low salary. No benefits. Very long working hours. Sometimes working on weekend also. No job security, they will fire you because manager don't like you even if your performance is good

Salary - Bad

+6 more

Associate in Pune

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 06 Mar 2024

2.0

for Salary and Benefits

Likes

You can learn some basic things, nothing else.

Dislikes

...operative, you can't trust anyone. A lot of politics happens on the floor. The Management is always behind cutting the salary of employees. Salary is not justified with the work. Regarding the policy they actually have employer centric p If you want appraisal you have to sign a bond again, and this policy they will only disclose at the time of your appraisal. So I think you are getting how they trap people 😅 So if you want to sacrifice your mental peace, family life, and health. Please join this company your wish will be definitely full filled.

Salary - Poor

+5 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

5.0

• posted on 19 Apr 2024

5.0

for Salary and Benefits

Likes

Working with such excellent company has been an unforgeable experience. There were helpful co-workers who helped me while I was having trouble. Working with amazing team was another wonderful experience.

Salary - Excellent

+6 more

Dislikes

I haven't had any problem as I mentioned I worked with great team

Digital Marketing Lead in Ahmedabad

Full Time

Marketing & Communication Department

5.0

• posted on 28 Apr 2023

5.0

for Salary and Benefits

Likes

As the Digital Marketing Lead at Magneto IT Solutions, I proudly say that Magneto has been the first company of my career, and I am glad I got to experience it. I have completed seven years of enriching professional journey with team MIS. My overall experience is excellent. Undoubtedly Magneto is the best place to kickstart your career.

Salary - Excellent

+6 more

Dislikes

While my experience at Magneto IT Solutions has been overwhelmingly positive, I haven't encountered any significant cons that come to mind.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magneto IT Solutions Java Back End Developer Salary FAQs

What is the notice period for Java Back End Developer at Magneto IT Solutions?

According to AmbitionBox, 100% of the Magneto IT Solutions Java Back End Developers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Magneto IT Solutions Java Back End Developer Salaries

Magneto IT Solutions Java Back End Developer salary in India ranges between ₹4.1 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magneto IT Solutions latest salaries received from various employees of Magneto IT Solutions.