Market Simplified Mumbai Backend Developer Salaries by 3 Employees

1 - 3 years exp.

₹7.4 Lakhs - ₹7.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% less than the average Backend Developer Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 3 Apr 2024

Companies similar to Market Simplified for Backend Developer in Mumbai

Market Simplified Backend Developer Salary

1 - 3 years exp. (3 salaries)

₹7.4 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Backend Developer Salary 1 - 5 years exp. (43 salaries)	₹2.5 L/yr - ₹9 L/yr 28% less
AvenData GmbH Backend Developer Salary 0 - 5 years exp. (22 salaries)	₹4 L/yr - ₹11.8 L/yr 7% less
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Jio Backend Developer Salary 1 - 5 years exp. (16 salaries)	₹4 L/yr - ₹13 L/yr 2% more	1 job opening
Credence Analytics Backend Developer Salary 0 - 3 years exp. (14 salaries)	₹2.5 L/yr - ₹6 L/yr 43% less
TimesPro Backend Developer Salary 1 - 4 years exp. (11 salaries)	₹4.1 L/yr - ₹11.7 L/yr 13% less

Backend Developer salary at Market Simplified ranges between ₹7.4 Lakhs to ₹7.7 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Backend Developer salaries in Mumbai

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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3 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

Top skills at Market Simplified for Backend Developer

corporate marketing Oracle ERP Global Delivery Work Permit System Natural Language Processing

Salary related reviews for Market Simplified

Team Lead in Chennai

Full Time

Project & Program Management Department

5.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

MSIL is a great company for learning, career growth and great work culture.

Skill development - Excellent

+5 more

Dislikes

The recent issue on salary crisis has decreased the company growth. The salary is delayed and provided on random dates like 10th, 15 TH of each month for a prolonged period of more than a year. No transparency for the reason of salary delay to the company cofounders from the board of directors. Now the company work culture is also not good after the resignation of cofounders. CHRO of the company spoils the company culture and growth leading many good employees to resign.

Salary - Bad

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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?

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Market Simplified Backend Developer Salary FAQs

How the salary growth look like for a Backend Developer at Market Simplified in Mumbai?

The salary growth for a Backend Developer at Market Simplified in Mumbai depends on factors such as experience, performance, and promotions. On average, a Backend Developer in Mumbai can expect the following growth trajectory at Market Simplified:

Experience	Average Salary Range
1 year	₹6.7 Lakhs to ₹8.5 Lakhs per year
2 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
3 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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Market Simplified Backend Developer Salaries in Mumbai

Market Simplified Backend Developer salary in Mumbai ranges between ₹7.4 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Market Simplified latest salaries received from various employees of Market Simplified.