Market Simplified Software Developer 1 Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Software Developer 1 Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 14 Jul 2024

Companies similar to Market Simplified for Software Developer 1

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer 1 Salary 1 - 5 years exp. (207 salaries)	₹2.6 L/yr - ₹9.8 L/yr 17% more
Infosys Software Developer 1 Salary 0 - 3 years exp. (35 salaries)	₹2.5 L/yr - ₹10 L/yr 18% more
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Wipro Software Developer 1 Salary 0 - 5 years exp. (74 salaries)	₹2.4 L/yr - ₹8 L/yr 4% more
HCLTech Software Developer 1 Salary 0 - 4 years exp. (83 salaries)	₹2.8 L/yr - ₹8 L/yr 5% less
Tech Mahindra Software Developer 1 Salary 1 - 3 years exp. (31 salaries)	₹3 L/yr - ₹6.5 L/yr 7% less
LTIMindtree Software Developer 1 Salary 1 - 3 years exp. (38 salaries)	₹3.7 L/yr - ₹7.4 L/yr 18% more
Mphasis Software Developer 1 Salary 0 - 2 years exp. (5 salaries)	₹2.8 L/yr - ₹8.5 L/yr 17% more
Persistent Systems Software Developer 1 Salary 0 - 2 years exp. (12 salaries)	₹4.5 L/yr - ₹8 L/yr 32% more
Hexaware Technologies Software Developer 1 Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 26% more

Software Developer 1 salary at Market Simplified ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Market Simplified.

Experience wise Market Simplified Software Developer 1 salaries

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr
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3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr

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₹22.8 L/yr - ₹29.1 L/yr

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₹12.25 L/yr - ₹29 L/yr

Salary related reviews for Market Simplified

3.0

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.

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.

see more salary related reviews

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1w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Market Simplified Software Developer 1 Salary FAQs

What is the salary of Software Developer 1 at Market Simplified?

Software Developer 1 salary at Market Simplified in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 51% less than the average Software Developer 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Market Simplified India.

How does the salary of a Software Developer 1 at Market Simplified India compare with the average salary range for this job?

The average salary of a Software Developer 1 at Market Simplified is 51% less than the average salary of a Software Developer 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Market Simplified to a Software Developer 1 in India?

Persistent Systems Software Developer 1 Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Hexaware Technologies Software Developer 1 Salary - ₹5.0 Lakhs to ₹6.3 Lakhs per year
LTIMindtree Software Developer 1 Salary - ₹3.7 Lakhs to ₹7.4 Lakhs per year
Infosys Software Developer 1 Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
Mphasis Software Developer 1 Salary - ₹2.8 Lakhs to ₹8.5 Lakhs per year

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

TCS Software Developer 1 Salary - ₹2.6 Lakhs to ₹9.8 Lakhs per year
Wipro Software Developer 1 Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
HCLTech Software Developer 1 Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year
Tech Mahindra Software Developer 1 Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Software Developer 1 at Market Simplified ranges between ₹32,436 per month to ₹33,713 per month in India. The take-home salary calculation is based on the average Market Simplified Software Developer 1 salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Developer 1 at Market Simplified?

According to AmbitionBox, 60% of the Market Simplified Software Developer 1s reported a notice period of 2 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Market Simplified Software Developer 1 Salaries

Market Simplified Software Developer 1 salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Market Simplified latest salaries received from various employees of Market Simplified.