Monarch Info Tech Services Chennai Salaries by 20+ Employees

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Engineering - Software & QA

Designation	Avg Annual Salary	Open Jobs
Software Engineer 2 - 5 years exp. · Chennai (4 salaries)	₹3 L/yr - ₹12.8 L/yr
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Senior BI Consultant 10 years exp. · Chennai (3 salaries)	₹14 L/yr - ₹14.5 L/yr
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Starting your career? Discover Monarch Info Tech Services fresher salaries in India
Associate Technical Architect 8 - 10 years exp. · Chennai (3 salaries)	₹14.7 L/yr - ₹20.2 L/yr
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Senior Software Engineer 6 - 8 years exp. · Chennai (AmbitionBox Estimate)	₹10 L/yr - ₹12.9 L/yr
Starting your career? Discover Monarch Info Tech Services fresher salaries in India
Software Developer 4 - 6 years exp. · Chennai (AmbitionBox Estimate)	₹7.4 L/yr - ₹10 L/yr
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Software Engineer Tester 4 years exp. · Chennai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Tableau Developer 5 years exp. · Chennai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Senior Developer 7 years exp. · Chennai (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
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Senior Associate 7 years exp. · Chennai (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Technical Architect 10 years exp. · Chennai (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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Business Analyst 9 years exp. · Chennai (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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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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Salary related reviews for Monarch Info Tech Services

5.0

Rated by 1 employees for salary & benefits

Software Developer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 16 Nov 2019

1.0

for Salary and Benefits

Likes

If employee doing pray to his manager then he will get onsite opportunity, good hikes. 2and level management is too worst. Unfortunately CEO cant know these politics in Mits.

Skill development - Excellent

Dislikes

dirty politics, managers always give opportunities to who will do favour to them. There is no spl recognisazation who works hardly. With foolish reasons they will fire employees with out notice. Some employees lost there career also.

Salary - Bad

+4 more

Network & System Administrator in Hyderabad / Secunderabad

IT Department

5.0

• posted on 18 Aug 2018

5.0

for Salary and Benefits

Likes

company is excellent ,But due to some people employees are facing some issues .....

Salary - Excellent

+4 more

Dislikes

The work Pressure is very high and i have to work 14-18 hrs , here the politics which we con"t bare dirty politics they will do in every ware .....and also few people have some cast feeling and Nativity feeling .. and

Job security - Bad

+1 more

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Monarch Info Tech Services Salary FAQs

How much does Monarch Info Tech Services pay to its employees?

The average annual salary at Monarch Info Tech Services varies depending on the role, experience, and location. The salary ranges for some popular designations at Monarch Info Tech Services, are as follows:

Software Engineer	₹3 Lakhs to ₹12.8 Lakhs per year
Senior BI Consultant	₹14 Lakhs to ₹14.5 Lakhs per year
Associate Technical Architect	₹14.7 Lakhs to ₹20.2 Lakhs per year
Senior Software Engineer	₹10 Lakhs to ₹12.9 Lakhs per year

The highest-paying role, Technical Lead, earns between ₹10 Lakhs to ₹15 Lakhs per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹25.2 Lakhs per year. Salaries at Monarch Info Tech Services 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 salary estimates are based on data from 20 salaries submitted by Monarch Info Tech Services employees. Monarch Info Tech Services is rated 5.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Monarch Info Tech Services , Chennai is INR . Salary estimates are based on 20+ Monarch Info Tech Services latest salaries received from various employees of Monarch Info Tech Services.