Magneto IT Solutions Mumbai Software Developer Salaries by 2 Employees (Updated 2024)

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₹4.4 Lakhs - ₹4.7 Lakhs

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Last Updated: 1 Jan 2024

Companies similar to Magneto IT Solutions for Software Developer in Mumbai

Magneto IT Solutions Software Developer Salary

1 year exp. (AmbitionBox Estimate)

₹4.4 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Primus Global Technologies Software Developer Salary 3 - 5 years exp. (5 salaries)	₹3.7 L/yr - ₹9.5 L/yr 81% more
3Di Systems Software Developer Salary 2 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.5 L/yr 17% less
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TCS Software Developer Salary 0 - 9 years exp. (1.4k salaries)	₹2.5 L/yr - ₹12 L/yr 60% more
Capgemini Software Developer Salary 0 - 8 years exp. (370 salaries)	₹3.6 L/yr - ₹14.5 L/yr 76% more	2 job openings
Accenture Software Developer Salary 0 - 7 years exp. (308 salaries)	₹4 L/yr - ₹15.4 L/yr 101% more	1 job opening

Software Developer salary at Magneto IT Solutions ranges between ₹4.4 Lakhs to ₹4.7 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Magneto IT Solutions.

Salary related reviews for Magneto IT Solutions

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

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.

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.

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.

Dislikes

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

Senior Recruiter in Pune

Full Time

Human Resources Department

5.0

• posted on 01 May 2023

5.0

for Salary and Benefits

Likes

Working for a year now, previously worked for 2 companies but the Magneto IT Solutions makes the difference. Recently Magneto completed 13 years in the industry, I must say MIS, has the key to success. As an employee, I would choose a company like MIS only but yes, I won't go anywhere if MIS is there.

Dislikes

Not seen so far..!!

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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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Magneto IT Solutions Software Developer Salary FAQs

What is the notice period for Software Developer at Magneto IT Solutions in Mumbai?

According to AmbitionBox, 100% of the Magneto IT Solutions Software Developers in Mumbai 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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Magneto IT Solutions Software Developer Salaries in Mumbai

Magneto IT Solutions Software Developer salary in Mumbai ranges between ₹4.4 Lakhs to ₹4.7 Lakhs. This is an estimate based on latest salaries received from employees of Magneto IT Solutions.