Magneto IT Solutions Java Back End Developer Salaries by 3 Employees

2 - 3 years exp.

₹4.1 Lakhs - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Java Back End Developer Salary in IT Services & Consulting Companies for 2 - 3 years of experience

Interested in this particular role?

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 - 5 years exp. (333 salaries)	₹2.6 L/yr - ₹9.9 L/yr 26% more
Capgemini Java Back End Developer Salary 1 - 6 years exp. (76 salaries)	₹3.2 L/yr - ₹10 L/yr 42% more
Login to view exact salary
Infosys Java Back End Developer Salary 2 - 3 years exp. (74 salaries)	₹2.5 L/yr - ₹10.2 L/yr 20% more
Wipro Java Back End Developer Salary 2 - 3 years exp. (65 salaries)	₹2 L/yr - ₹7.5 L/yr 21% less	2 job openings
Cognizant Java Back End Developer Salary 2 - 4 years exp. (54 salaries)	₹4.5 L/yr - ₹11 L/yr 47% 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
Login to view exact salary
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

IT Technical Recruiter in Pune

Full Time

Human Resources Department

4.0

• posted on 06 Mar 2025

4.0

for Salary and Benefits

Likes

I have been working with this company for the last 2 Years as an IT Technical Recruiter. It has been a good work culture and a supportive team. Regarding skills development, I have learned a lot from the company.

Salary - Good

+6 more

Dislikes

No as of now

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Magneto IT Solutions?

Ask anonymously on communities.

Magneto IT Solutions Java Back End Developer Salary FAQs

How the salary growth look like for a Java Back End Developer at Magneto IT Solutions in India?

The salary growth for a Java Back End Developer at Magneto IT Solutions depends on factors such as experience, performance, and promotions. On average, a Java Back End Developer can expect the following growth trajectory at Magneto IT Solutions:

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Magneto IT Solutions Salaries >
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.