Market Simplified Bangalore / Bengaluru Software Engineer Level 1 Salaries by 4 Employees

1 - 3 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Software Engineer Level 1 Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 14 Sep 2023

Companies similar to Market Simplified for Software Engineer Level 1 in Bangalore / Bengaluru

Market Simplified Software Engineer Level 1 Salary

1 - 3 years exp. (4 salaries)

₹4.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
CME Group Software Engineer Level 1 Salary 1 - 2 years exp. (3 salaries)	₹13 L/yr - ₹16.5 L/yr 147% more
Oracle Cerner Software Engineer Level 1 Salary 0 - 5 years exp. (178 salaries)	₹5.9 L/yr - ₹9.1 L/yr 33% more
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FIS Software Engineer Level 1 Salary 2 - 5 years exp. (110 salaries)	₹5.1 L/yr - ₹12 L/yr 48% more
Dell Software Engineer Level 1 Salary 1 - 6 years exp. (110 salaries)	₹5.7 L/yr - ₹15 L/yr 96% more
Allstate Software Engineer Level 1 Salary 2 - 5 years exp. (79 salaries)	₹6.2 L/yr - ₹16 L/yr 59% more

Software Engineer Level 1 salary at Market Simplified ranges between ₹4.5 Lakhs to ₹7 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 Engineer Level 1 salaries in Bangalore / Bengaluru

Last Updated: 14 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

95 participants . expiring in 2d

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Market Simplified Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Market Simplified in Bangalore / Bengaluru?

The average salary of a Software Engineer Level 1 at Market Simplified in Bangalore / Bengaluru typically ranges from ₹4.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Engineer Level 1 in Bangalore / Bengaluru at Market Simplified earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹11.2 Lakhs per year. Software Engineer Level 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 4 Market Simplified employees in India.

What is the estimated take home salary of a Software Engineer Level 1 at Market Simplified in Bangalore / Bengaluru?

The estimated take-home salary of a Software Engineer Level 1 at Market Simplified in Bangalore / Bengaluru typically ranges from ₹43,486 to ₹44,599 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 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 Software Engineer Level 1 in India?

CME Group	₹13.0 Lakhs to ₹16.5 Lakhs per year
Dell	₹5.7 Lakhs to ₹15.0 Lakhs per year
Allstate	₹6.2 Lakhs to ₹16.0 Lakhs per year
FIS	₹5.1 Lakhs to ₹12.0 Lakhs per year
Oracle Cerner	₹5.9 Lakhs to ₹9.1 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.

How the salary growth look like for a Software Engineer Level 1 at Market Simplified in Bangalore / Bengaluru?

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

Experience	Average Salary Range
1 year	₹4.8 Lakhs to ₹6.1 Lakhs per year
2 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
3 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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Market Simplified Software Engineer Level 1 Salaries in Bangalore / Bengaluru

Market Simplified Software Engineer Level 1 salary in Bangalore / Bengaluru ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Market Simplified latest salaries received from various employees of Market Simplified.