New Balance Pune Software Engineer Salaries by 4 Employees

2 - 4 years exp.

₹7 Lakhs - ₹8.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Software Engineer Salary in Facility Management Services Companies for 2 - 4 years of experience

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Last Updated: 13 Mar 2023

Companies similar to New Balance for Software Engineer in Pune

New Balance Software Engineer Salary

2 - 4 years exp. (4 salaries)

₹7 L/yr - ₹8.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Frontdoor Software Engineer Salary 1 - 7 years exp. (6 salaries)	₹12 L/yr - ₹40.5 L/yr 214% more
BVG India Software Engineer Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹5.7 L/yr 45% less
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Tech Mahindra Software Engineer Salary 0 - 8 years exp. (4.2k salaries)	₹2.1 L/yr - ₹10.1 L/yr 22% less	11 job openings
Capgemini Software Engineer Salary 0 - 8 years exp. (3.1k salaries)	₹2 L/yr - ₹11.1 L/yr 16% less	112 job openings
Cybage Software Engineer Salary 0 - 6 years exp. (2.7k salaries)	₹2.8 L/yr - ₹12.7 L/yr 8% more

Software Engineer salary at New Balance ranges between ₹7 Lakhs to ₹8.1 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of New Balance.

Experience wise New Balance Software Engineer salaries in Pune

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

Similar Designation salaries in New Balance

Senior Software Engineer Salary

(14 salaries)

₹6.5 L/yr - ₹15 L/yr

Senior Software Developer Salary

(4 salaries)

₹8 L/yr - ₹17 L/yr

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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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New Balance Software Engineer Salary FAQs

What is the salary of Software Engineer at New Balance in Pune?

The average salary of a Software Engineer at New Balance in Pune typically ranges from ₹7.0 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Engineer in Pune at New Balance earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Software Engineer Salaries at New Balance 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 4 New Balance employees in India.

What is the estimated take home salary of a Software Engineer at New Balance in Pune?

The estimated take-home salary of a Software Engineer at New Balance in Pune typically ranges from ₹54,331 to ₹55,687 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of New Balance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than New Balance for Software Engineer in India?

Frontdoor	₹12.0 Lakhs to ₹40.5 Lakhs per year
Cybage	₹2.8 Lakhs to ₹12.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by New Balance, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to New Balance in Pune?

The salary of a Software Engineer at companies similar to New Balance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini	₹2.0 Lakhs to ₹11.1 Lakhs per year
Tech Mahindra	₹2.1 Lakhs to ₹10.1 Lakhs per year
BVG India	₹1.8 Lakhs to ₹5.7 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 Engineer at New Balance in Pune?

The salary growth for a Software Engineer at New Balance in Pune depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Pune can expect the following growth trajectory at New Balance:

Experience	Average Salary Range
2 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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New Balance Software Engineer Salaries in Pune

New Balance Software Engineer salary in Pune ranges between ₹7 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 New Balance latest salaries received from various employees of New Balance.