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Mphasis Principal Software Engineer salaries in Bangalore / Bengaluru

Annual salary range
5 - 7 years exp.
₹18.5 Lakhs - ₹19 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.
Salary of majority employees
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42% less than the average Principal Software Engineer Salary in IT Services & Consulting Companies for 5 - 7 years of experience

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Last Updated: 27 Oct 2023

Companies similar to Mphasis for Principal Software Engineer in Bangalore / Bengaluru

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Mphasis Principal Software Engineer Salary

5 - 7 years exp. (3 salaries)

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₹18.5 L/yr - ₹19 L/yr

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₹23 L/yr - ₹35 L/yr

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₹22 L/yr - ₹40 L/yr

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₹19.5 L/yr - ₹52 L/yr

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₹36 L/yr - ₹40.5 L/yr

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₹12 L/yr - ₹12.2 L/yr

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Principal Software Engineer salary at Mphasis ranges between ₹18.5 Lakhs to ₹19 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Principal Software Engineer in Bangalore / Bengaluru

1y ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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7 years exp.

Experience wise Mphasis Principal Software Engineer salaries in Bangalore / Bengaluru

Last Updated: 27 Oct 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹18.5 L/yr
6 years (AmbitionBox Estimate)

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₹18.5 L/yr - ₹33.5 L/yr
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹19 L/yr

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Salary related reviews for Mphasis

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 07 Nov 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is good, Manager is comparative and Leave approvals are not at all Hard (if any pending). Learning is good. Team mates and work culture is average.

read more

Dislikes

No salary Hikes for years. No increments and appreciation. Once selected please come with high package already so that , no worries till next few months/year.

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 03 Oct 2024

2.0
 for  Salary and Benefits

Likes

Job security is there, on the same hand there are no hikes and variable pays on the name of cost cutting is really terrible. If will get good clients or projects then may be these stats will change.

read more

Dislikes

Work environment is not good, sometimes too much pressure will be there on employees, no management at all. Too much politics, client relations are also not good.

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 16 Aug 2024

2.0
 for  Salary and Benefits

Likes

Work life balance is not that bad.

Dislikes

...salary progression is very slow(almost negligible). No hikes since last 3 years. Variable pay is never given and they state that company is not performing well if you question them. Clients are God. No matter how ridiculous there demands are, management will agree to it without any questions. One of the worst insurance policies.

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Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 17 May 2024

3.0
 for  Salary and Benefits

Likes

Overall it is good for learning. Its just learning platform.

Dislikes

Appraisal are not good. Salary is not worth for the work we do. There are not even perks provided for festivals as a gratitude to employees. it is having more people struggling to get paid properly.

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Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 18 Apr 2024

3.0
 for  Salary and Benefits

Likes

The quality of projects are really good. The colleagues and managers are helpful and supportive and easily reachable Hard work is recognized and appreciated

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Dislikes

Maintaining long wasteful ODC hours. No communication devices allowed inside. No salary appraisal for lateral employees. Bench period starts before you actually go to the bench. Full salary for just 1 month after this time.

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Mphasis Principal Software Engineer salary in Bangalore / Bengaluru ranges between ₹18.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Mphasis latest salaries received from various employees of Mphasis.