Market Simplified Senior Software Engineer 1 Salaries by 5 Employees

5 - 8 years exp.

₹12.1 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Senior Software Engineer 1 Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Software Engineer 1 Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Engineering - Software & QA Senior Software Engineer 1 Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹12.1 L/yr - ₹12.8 L/yr

Last Updated: 17 Jul 2024

Companies similar to Market Simplified for Senior Software Engineer 1

Company name	Avg Annual Salary	Open Jobs
OneAssist Consumer Solutions Senior Software Engineer 1 Salary 5 - 7 years exp. (5 salaries)	₹16.3 L/yr - ₹35 L/yr 42% more
HCLTech Senior Software Engineer 1 Salary 2 - 9 years exp. (146 salaries)	₹6.2 L/yr - ₹21.2 L/yr 7% less
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MakeMyTrip Senior Software Engineer 1 Salary 2 - 5 years exp. (93 salaries)	₹14 L/yr - ₹29.5 L/yr 46% more
Gemini Solutions Senior Software Engineer 1 Salary 2 - 4 years exp. (89 salaries)	₹8.3 L/yr - ₹17.2 L/yr 24% less
Photon Interactive Senior Software Engineer 1 Salary 3 - 8 years exp. (67 salaries)	₹6.2 L/yr - ₹18 L/yr 17% less	1 job opening

Senior Software Engineer 1 salary at Market Simplified ranges between ₹12.1 Lakhs to ₹17 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Senior Software Engineer 1 salaries

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹17 L/yr - ₹17 L/yr
6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹17 L/yr
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7 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹24.8 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr

Similar Designation salaries in Market Simplified

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Lead Engineer Salary

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₹24 L/yr - ₹28 L/yr

Java Developer Salary

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₹8.6 L/yr - ₹10.9 L/yr

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₹12.25 L/yr - ₹29 L/yr

Salary related reviews for Market Simplified

4.6

Rated by 2 employees for salary & benefits

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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Market Simplified Senior Software Engineer 1 Salary FAQs

What is the salary of Senior Software Engineer 1 at Market Simplified ?

The average salary of a Senior Software Engineer 1 at Market Simplified in India typically ranges from ₹12.1 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Software Engineer 1 at Market Simplified earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Software Engineer 1 Salaries at Market Simplified can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Market Simplified employees in India.

What is the estimated take home salary of a Senior Software Engineer 1 at Market Simplified in India?

The estimated take-home salary of a Senior Software Engineer 1 at Market Simplified in India typically ranges from ₹1,01,265 to ₹1,04,027 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 5 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Market Simplified. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Market Simplified for Senior Software Engineer 1 in India?

MakeMyTrip	₹14.0 Lakhs to ₹29.5 Lakhs per year
OneAssist Consumer Solutions	₹16.3 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Market Simplified, depending on the role and experience level.

What is the salary of a Senior Software Engineer 1 in companies similar to Market Simplified in India?

The salary of a Senior Software Engineer 1 at companies similar to Market Simplified in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HCLTech	₹6.2 Lakhs to ₹21.2 Lakhs per year
Photon Interactive	₹6.2 Lakhs to ₹18.0 Lakhs per year
Gemini Solutions	₹8.3 Lakhs to ₹17.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Software Engineer 1 at Market Simplified in India?

The salary growth for a Senior Software Engineer 1 at Market Simplified depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer 1 can expect the following growth trajectory at Market Simplified:

Experience	Average Salary Range
5 years	₹17.0 Lakhs to ₹17.0 Lakhs per year
6 years	₹12.8 Lakhs to ₹17.0 Lakhs per year
7 years	₹12.1 Lakhs to ₹24.8 Lakhs per year
8 years	₹4.8 Lakhs to ₹13.0 Lakhs per year

and so on.

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Market Simplified Senior Software Engineer 1 Salaries

Market Simplified Senior Software Engineer 1 salary in India ranges between ₹12.1 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Market Simplified latest salaries received from various employees of Market Simplified.