Model N Hyderabad / Secunderabad Software Developer Salaries by 3 Employees

1 - 4 years exp.

₹4.5 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% less than the average Software Developer Salary in Software Product Companies for 1 - 4 years of experience

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Last Updated: 26 Jun 2024

Companies similar to Model N for Software Developer in Hyderabad / Secunderabad

Model N Software Developer Salary

1 - 4 years exp. (3 salaries)

₹4.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Infor Global Solution Software Developer Salary 2 - 8 years exp. (57 salaries)	₹5 L/yr - ₹16 L/yr 85% more	4 job openings
EbixCash Limited Software Developer Salary 1 - 6 years exp. (39 salaries)	₹2.4 L/yr - ₹8 L/yr 7% less
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Temenos Software Developer Salary 1 - 4 years exp. (38 salaries)	₹6 L/yr - ₹10 L/yr 32% more
Thomson Reuters Software Developer Salary 1 - 6 years exp. (18 salaries)	₹4.5 L/yr - ₹14.1 L/yr 55% more
Blue Yonder Software Developer Salary 1 - 6 years exp. (18 salaries)	₹5 L/yr - ₹19.3 L/yr 87% more
Oracle Cerner Software Developer Salary 2 - 4 years exp. (6 salaries)	₹7 L/yr - ₹11 L/yr 36% more
Cornerstone OnDemand Software Developer Salary 2 - 4 years exp. (5 salaries)	₹11 L/yr - ₹13.8 L/yr 106% more
SOTI Software Developer Salary 1 - 5 years exp. (4 salaries)	₹8.6 L/yr - ₹15 L/yr 77% more	1 job opening
R Systems International Software Developer Salary 3 - 6 years exp. (3 salaries)	₹6.6 L/yr - ₹14.7 L/yr 89% more
AgreeYa Solutions Software Developer Salary 4 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹8.9 L/yr 11% more

Software Developer salary at Model N ranges between ₹4.5 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Model N.

Experience wise Model N Software Developer salaries in Hyderabad / Secunderabad

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Model N

Senior Consultant Salary

(31 salaries)

₹11 L/yr - ₹24.72 L/yr

Senior Software Engineer Salary

(8 salaries)

₹13.2 L/yr - ₹35.1 L/yr

Software Engineer Salary

(3 salaries)

₹5.9 L/yr - ₹20 L/yr

Salary related reviews for Model N

3.0

Rated by 1 employees for salary & benefits

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 Software Developer Salary FAQs

How the salary growth look like for a Software Developer at Model N in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
1 year	₹6.3 Lakhs to ₹8.0 Lakhs per year
2 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Model N Software Developer Salaries in Hyderabad / Secunderabad

Model N Software Developer salary in Hyderabad / Secunderabad ranges between ₹4.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Model N latest salaries received from various employees of Model N.