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Morningstar Softwaretest Engineer salaries in India (Updated 2025)

Annual salary range
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₹4.8 Lakhs - ₹12.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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93% more than the average Softwaretest Engineer Salary in Financial Services Companies for 3 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Morningstar for Softwaretest Engineer

Company name Avg Annual Salary Open Jobs
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₹4.3 L/yr - ₹14.6 L/yr

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FactSet Softwaretest Engineer Salary

2 - 6 years exp. (11 salaries)

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₹8.3 L/yr - ₹15 L/yr

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₹2 L/yr - ₹14.4 L/yr

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₹6.3 L/yr - ₹22.2 L/yr

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Go-Jek Softwaretest Engineer Salary

0 - 5 years exp. (8 salaries)

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₹18 L/yr - ₹40 L/yr

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₹9 L/yr - ₹14.7 L/yr

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Travelex Softwaretest Engineer Salary

3 - 5 years exp. (7 salaries)

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₹5.3 L/yr - ₹7.2 L/yr

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Sharekhan Softwaretest Engineer Salary

3 - 6 years exp. (6 salaries)

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₹4 L/yr - ₹7 L/yr

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Synchrony Softwaretest Engineer Salary

2 - 9 years exp. (6 salaries)

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₹4.8 L/yr - ₹12 L/yr

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₹5.8 L/yr - ₹23.2 L/yr

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DTCC Softwaretest Engineer Salary

5 - 8 years exp. (5 salaries)

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₹10 L/yr - ₹17 L/yr

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₹2.4 L/yr - ₹11.4 L/yr

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Mr Cooper Softwaretest Engineer Salary

0 - 6 years exp. (4 salaries)

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₹7.5 L/yr - ₹11 L/yr

arrow icon 20% less
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Invesco Softwaretest Engineer Salary

0 - 4 years exp. (4 salaries)

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₹9 L/yr - ₹20 L/yr

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₹10 L/yr - ₹18 L/yr

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₹9 L/yr - ₹35 L/yr

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CSC Softwaretest Engineer Salary

4 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹15 L/yr

arrow icon 5% less
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₹5 L/yr - ₹18 L/yr

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Softwaretest Engineer salary at Morningstar ranges between ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 5 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Softwaretest Engineer

3d ago
₹12.5 Lakhs
3 years exp.
5d ago
₹12.5 Lakhs
3 years exp.
3w ago
₹4.8 Lakhs
3 years exp.
1y ago
₹4.8 Lakhs
3 years exp.
1y ago
₹4.8 Lakhs
3 years exp.

Experience wise Morningstar Softwaretest Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
3 years  (5 salaries)

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₹4.8 L/yr - ₹12.5 L/yr

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Salary related reviews for Morningstar

Full Time

 · 

Product Management Department

3.0
  •  posted on 23 Jul 2024

1.0
 for  Salary and Benefits

Likes

1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

read more
  • Skill development - Good
  • +3 more

Dislikes

1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Feb 2025

1.0
 for  Salary and Benefits

Likes

The company has a great culture, people are treated with respect. Employees are given time to perform if they are struggling. The office has a very flexible time schedule and work hours. As long as the work gets done no one will interfere with when you login or log out. Promotions are dependent on business growth. However, the promotion hikes are barely 20%.

read more
  • Skill development - Good
  • +4 more

Dislikes

The company offers very limited pay with 4-6% hike on every appraisal. It's a great company to be at when you are already satisfied with your pay and want to keep pace with inflation. Not when you are looking to grow.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Feb 2025

1.0
 for  Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

read more
  • Job security - Excellent
  • +1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jan 2025

2.0
 for  Salary and Benefits

Likes

They have very good work life balance and they are more like a family company culture is so good but for growth prospects we can't Rely on This.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The pay is not upto the mark as compared to other peer companies since they follow median pay. Even after performing Extremely well they pay you very less.

read more
  • Salary - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 02 Jan 2025

4.0
 for  Salary and Benefits

Likes

The work culture is pretty good if you compare it to the Big 4s or the major Indian firms. The work itself is not too stressful, although it depends on your team and the manager.

read more
  • Salary - Good
  • +3 more

Dislikes

Expect absolutely 0% growth in your career and skills during your time here. This is a dead end job which will just be good to pay your bills but kill your growth in the long run. It’s like working at a 100 year old Indian Public Bank with the same systems and processes, copy and paste model. You’ll always feel stuck and frustrated here no matter how long you’ve been here. I’d advise working at a different company where you’ll have to burn the midnight oil for a year, but could equip yourself with the right skills ensuring long term growth. This job is for those who’ve been defeated by luck, who were left with no other choice but to accept this job. If you are in a desperate need of a job, like many people in the country at the moment, then you can go for this one. It’s decent as compared to the toxic environment in other major firms in our nation. But don’t expect any progress in your professional life.

read more
  • Skill development - Bad
  • +1 more
see more salary related reviews

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Morningstar Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Morningstar ?
The average salary of a Softwaretest Engineer at Morningstar in India typically ranges from ₹4.8 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 3 years to 3 years).

The top 10% of Softwaretest Engineer at Morningstar earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Softwaretest Engineer Salaries at Morningstar 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 5 Morningstar employees in India.
What is the estimated take home salary of a Softwaretest Engineer at Morningstar in India?
The estimated take-home salary of a Softwaretest Engineer at Morningstar in India typically ranges from ₹80,074 to ₹82,158 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 3 years 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 5 salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Morningstar for Softwaretest Engineer in India?
Go-Jek ₹18.0 Lakhs to ₹40.0 Lakhs per year
TSYS|Total System Services ₹13.6 Lakhs to ₹28.0 Lakhs per year
Fidelity International ₹9.0 Lakhs to ₹35.0 Lakhs per year
TIAA Global Business Services ₹6.3 Lakhs to ₹22.2 Lakhs per year
ICE Data Services ₹10.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Morningstar, depending on the role and experience level.
What is the salary of a Softwaretest Engineer in companies similar to Morningstar in India?
The salary of a Softwaretest Engineer at companies similar to Morningstar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Invesco ₹9.0 Lakhs to ₹20.0 Lakhs per year
ANZ Operations & Technology ₹5.8 Lakhs to ₹23.2 Lakhs per year
Empower Retirement ₹9.0 Lakhs to ₹14.7 Lakhs per year
DTCC ₹10.0 Lakhs to ₹17.0 Lakhs per year
CSC ₹7.0 Lakhs to ₹15.0 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 Softwaretest Engineer at Morningstar in India?
The salary growth for a Softwaretest Engineer at Morningstar depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
3 years ₹4.8 Lakhs to ₹12.5 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Softwaretest Engineer salary in India ranges between ₹4.8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Morningstar latest salaries received from various employees of Morningstar.