Model N Hyderabad / Secunderabad Senior Software Engineer Salaries by 8 Employees

5 - 9 years exp.

₹13.2 Lakhs - ₹35.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% more than the average Senior Software Engineer Salary in Software Product Companies for 5 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Software Engineer Salary 5 - 8 years exp. (4 salaries)	₹13.2 L/yr - ₹26 L/yr
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Research & Development Senior Software Engineer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹21.5 L/yr

Last Updated: 6 Feb 2024

Companies similar to Model N for Senior Software Engineer in Hyderabad / Secunderabad

Model N Senior Software Engineer Salary

5 - 9 years exp. (8 salaries)

₹13.2 L/yr - ₹35.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Infor Global Solution Senior Software Engineer Salary 5 - 12 years exp. (195 salaries)	₹8.7 L/yr - ₹26 L/yr 8% less	3 job openings
Blue Yonder Senior Software Engineer Salary 4 - 10 years exp. (180 salaries)	₹10.8 L/yr - ₹32.9 L/yr 14% more	7 job openings
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Thomson Reuters Senior Software Engineer Salary 4 - 11 years exp. (160 salaries)	₹5.6 L/yr - ₹29 L/yr 20% less	3 job openings
Temenos Senior Software Engineer Salary 3 - 8 years exp. (100 salaries)	₹6.9 L/yr - ₹16.4 L/yr 39% less
R Systems International Senior Software Engineer Salary 4 - 9 years exp. (37 salaries)	₹8 L/yr - ₹31 L/yr 8% less
EbixCash Limited Senior Software Engineer Salary 4 - 9 years exp. (31 salaries)	₹4.4 L/yr - ₹13 L/yr 54% less	1 job opening
Cornerstone OnDemand Senior Software Engineer Salary 5 - 8 years exp. (15 salaries)	₹12.5 L/yr - ₹30 L/yr 2% more	1 job opening
AgreeYa Solutions Senior Software Engineer Salary 5 - 9 years exp. (8 salaries)	₹7 L/yr - ₹18.9 L/yr 33% less
NextGen Healthcare Senior Software Engineer Salary 7 - 9 years exp. (4 salaries)	₹15.2 L/yr - ₹24 L/yr 11% less
ACI Worldwide Senior Software Engineer Salary 7 - 10 years exp. (3 salaries)	₹30 L/yr - ₹33 L/yr 47% more

Senior Software Engineer salary at Model N ranges between ₹13.2 Lakhs to ₹35.1 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Model N.

Experience wise Model N Senior Software Engineer salaries in Hyderabad / Secunderabad

Last Updated: 6 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
6 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.8 L/yr
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7 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.8 L/yr
8 years (3 salaries)	₹16 L/yr - ₹40.5 L/yr
9 years (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr

Similar Designation salaries in Model N

Senior Consultant Salary

(31 salaries)

₹11 L/yr - ₹24.72 L/yr

Software Engineer Salary

(3 salaries)

₹5.9 L/yr - ₹20 L/yr

Software Developer Salary

(3 salaries)

₹4.5 L/yr - ₹7 L/yr

Salary related reviews for Model N

Senior Quality Assurance Engineer 2 in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 24 Nov 2024

4.0

for Salary and Benefits

Likes

Good work life balance and hybrid model.

Salary - Good

Dislikes

Job insecurity, previously it was good.After company was acquired by another company, it was a mess and totally cost cutting things everywhere. Old tech stack Managers are capable to identify skilled people,they have some set of people who favours and working with them for long time No career growth and Automation tech stack Totally manual even in automation framework which makes users skillset inefficient

Skill development - Poor

+4 more

Senior Financial Analyst in Hyderabad / Secunderabad

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 06 Feb 2024

4.0

for Salary and Benefits

Likes

... of interviews. HRs are helpful and approachable. The leave policy is excellent. Compensation is also decent. I am enjoying my days in Model N.

Salary - Good

+6 more

Dislikes

No dislike as of now.

Director in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 19 Mar 2023

4.0

for Salary and Benefits

Likes

People, salary, and benefits are good. Moved to a new office in Raheja which is a plus. Many tenured folks so the knowledge about custom frameworks, etc is well maintained by those folks.

Salary - Good

+3 more

Dislikes

Heavy middle management (too many Directors just for the sake of retention) so communication is very much segmented. Only a select few know what's truly going on. Skill development/ learning is not given enough attention and work satisfaction is very low. No rationale behind who gets promoted and why.

Skill development - Poor

+1 more

Principal Consultant in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Sep 2024

4.0

for Salary and Benefits

Likes

Good work life balance. Decent office

Salary - Good

+2 more

Dislikes

It is a sinking ship. No confidence in the management. Smart people realised this before hand and started leaving. It is now time for the management to control the damage and atleast recognize the existing employees. If you don't, there is always a competitor who would.

Skill development - Bad

+3 more

Principal Technical Engineer in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 26 Sep 2023

5.0

for Salary and Benefits

Likes

->Been with Model N for 8+ years. I see very good work culture at Model N. ->Leadership here at Model N is good in addressing concerns or issues of Employees. As an employee , we are free to discuss the concerns with Managers with out any hesitation. ->Employees are provided with additional holidays /wellness week offs which helps them to spend time with family and friends. ->Leave policy is good. ->The leader ship recognizes the employees efforts. ->Apart from work, as a company we also engage in various fun activities , celebrate festivals together . ->The work timing is flexible.

Salary - Excellent

+6 more

Dislikes

I don't have any concerns or things I dislike about Model N

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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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Model N Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Model N in Hyderabad / Secunderabad?

The average salary of a Senior Software Engineer at Model N in Hyderabad / Secunderabad typically ranges from ₹13.2 Lakhs to ₹35.1 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Senior Software Engineer in Hyderabad / Secunderabad at Model N earn more than ₹35.1 Lakhs per year, and the top 1% earn over ₹39.0 Lakhs per year. Senior Software Engineer Salaries at Model N 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 8 Model N employees in India.

What is the estimated take home salary of a Senior Software Engineer at Model N in Hyderabad / Secunderabad?

The estimated take-home salary of a Senior Software Engineer at Model N in Hyderabad / Secunderabad typically ranges from ₹1,35,628 to ₹1,40,624 per month. This is based on the average salary range of ₹13.2 Lakhs to ₹35.1 Lakhs per year for employees with experience ranging from 5 years to 9 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 8 salaries received from various employees of Model N. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Model N for Senior Software Engineer in India?

ACI Worldwide	₹30.0 Lakhs to ₹33.0 Lakhs per year
Blue Yonder	₹10.8 Lakhs to ₹32.9 Lakhs per year
Cornerstone OnDemand	₹12.5 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Senior Software Engineer in companies similar to Model N in Hyderabad / Secunderabad?

The salary of a Senior Software Engineer at companies similar to Model N in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

R Systems International	₹8.0 Lakhs to ₹31.0 Lakhs per year
Infor Global Solution	₹8.7 Lakhs to ₹26.0 Lakhs per year
NextGen Healthcare	₹15.2 Lakhs to ₹24.0 Lakhs per year
Thomson Reuters	₹5.6 Lakhs to ₹29.0 Lakhs per year
AgreeYa Solutions	₹7.0 Lakhs to ₹18.9 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 at Model N in Hyderabad / Secunderabad?

The salary growth for a Senior Software Engineer at Model N in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at Model N:

Experience	Average Salary Range
5 years	₹15.4 Lakhs to ₹19.7 Lakhs per year
6 years	₹17.0 Lakhs to ₹21.8 Lakhs per year
7 years	₹18.7 Lakhs to ₹23.8 Lakhs per year
8 years	₹16.0 Lakhs to ₹40.5 Lakhs per year

and so on.

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Model N Senior Software Engineer Salaries in Hyderabad / Secunderabad

Model N Senior Software Engineer salary in Hyderabad / Secunderabad ranges between ₹13.2 Lakhs to ₹35.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Model N latest salaries received from various employees of Model N.

Model N Senior Software Engineer salaries in Hyderabad / Secunderabad

Companies similar to Model N for Senior Software Engineer in Hyderabad / Secunderabad

Latest annual salaries shared by Model N Senior Software Engineer in Hyderabad / Secunderabad

Experience wise Model N Senior Software Engineer salaries in Hyderabad / Secunderabad

Similar Designation salaries in Model N

Salary related reviews for Model N

Senior Quality Assurance Engineer 2 in Hyderabad / Secunderabad

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Principal Technical Engineer in Hyderabad / Secunderabad

Model N Senior Software Engineer Salary FAQs

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