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Mphasis Software Developer 3 salaries in India

Annual salary range
3 - 6 years exp.
₹4.9 Lakhs - ₹14.5 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.
Salary of majority employees
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56% less than the average Software Developer 3 Salary in IT Services & Consulting Companies for 3 - 6 years of experience

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Last Updated: 14 Jun 2024

Companies similar to Mphasis for Software Developer 3

Company name Avg Annual Salary Open Jobs
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₹6.4 L/yr - ₹21 L/yr

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₹1.9 L/yr - ₹14.5 L/yr

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Oracle Software Developer 3 Salary

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85 job openings
Software Developer 3 salary at Mphasis ranges between ₹4.9 Lakhs to ₹14.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Software Developer 3

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6 years exp.
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5 years exp.
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4 years exp.

Experience wise Mphasis Software Developer 3 salaries

Last Updated: 14 Jun 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹15.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹14.5 L/yr

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Salary related reviews for Mphasis

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 28 Dec 2024

1.0
 for  Salary and Benefits

Likes

Literally nothing, can't even give tissue paper, to take some office supplies u need to go to different building, wifi doesn't work in the office

read more

Dislikes

No promotion, will make u work long hours, no perks, no salary hike, got acquired from another company, didn't wanted to join but no choice had to serve the notice period, no promotion for 2 years

read more
  • Salary - Bad
  • +6 more

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
  • Job security - Good
  • +1 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
  • Promotions - Poor

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
  • Job security - Good

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
  • Salary - Poor
  • +3 more

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.

  • Skill development - Good
  • +3 more

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.

read more
  • Promotions - Bad

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 16 Feb 2025

1.0
 for  Salary and Benefits

Likes

Work life balance is good but no salary hike from 3.5 yrs no recognition also

read more
  • Job security - Good
  • +1 more

Dislikes

Such a worst company I have ever seen in my life no hikes from 3.5 yrs and also gave permission with zero hikes which will make very discussing don't join this company ever

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Mphasis Software Developer 3 Salary FAQs

What is the salary of Software Developer 3 at Mphasis ?
The average salary of a Software Developer 3 at Mphasis in India typically ranges from ₹4.9 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Software Developer 3 at Mphasis earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Software Developer 3 Salaries at Mphasis 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 Mphasis employees in India.
What is the estimated take home salary of a Software Developer 3 at Mphasis in India?
The estimated take-home salary of a Software Developer 3 at Mphasis in India typically ranges from ₹72,783 to ₹74,662 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 Mphasis. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mphasis for Software Developer 3 in India?
Oracle ₹12.6 Lakhs to ₹45.0 Lakhs per year
Cyient ₹7.0 Lakhs to ₹22.0 Lakhs per year
Virtusa Consulting Services ₹10.2 Lakhs to ₹15.0 Lakhs per year
UST ₹6.4 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mphasis, depending on the role and experience level.
What is the salary of a Software Developer 3 in companies similar to Mphasis in India?
The salary of a Software Developer 3 at companies similar to Mphasis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LTIMindtree ₹1.9 Lakhs to ₹14.5 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 Software Developer 3 at Mphasis in India?
The salary growth for a Software Developer 3 at Mphasis depends on factors such as experience, performance, and promotions. On average, a Software Developer 3 can expect the following growth trajectory at Mphasis:

Experience Average Salary Range
3 years ₹3.8 Lakhs to ₹9.0 Lakhs per year
4 years ₹8.5 Lakhs to ₹15.5 Lakhs per year
5 years ₹4.8 Lakhs to ₹14.5 Lakhs per year
6 years ₹14.5 Lakhs to ₹14.5 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Software Developer 3 salary in India ranges between ₹4.9 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mphasis latest salaries received from various employees of Mphasis.