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Newgen Software Technologies BFSI, Investments & Trading Department Salaries in India

based on 96 latest salaries
Designation Avg Annual Salary Open Jobs
3 - 9 years exp. (45 salaries)
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₹10 L/yr - ₹19.5 L/yr

1 job opening
1 - 5 years exp. (21 salaries)
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₹5.3 L/yr - ₹12 L/yr

3 job openings
5 - 11 years exp. (9 salaries)
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₹12 L/yr - ₹24 L/yr

11 - 13 years exp. (3 salaries)
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₹25 L/yr - ₹29 L/yr

14 - 15 years exp. (AmbitionBox Estimate)
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₹20.4 L/yr - ₹32 L/yr

9 - 11 years exp. (AmbitionBox Estimate)
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₹9.4 L/yr - ₹12 L/yr

1 year exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

3 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

5 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

2 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

10 years exp. (AmbitionBox Estimate)
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₹12.3 L/yr - ₹20.5 L/yr

4 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

2 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

4 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr

9 years exp. (AmbitionBox Estimate)
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₹15.6 L/yr - ₹20 L/yr

6 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

10 - 13 years exp. (3 salaries)
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₹22 L/yr - ₹32 L/yr

Last Updated: 22 Jan, 2025

Salary related reviews for Newgen Software Technologies

3.2

Rated by 71 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 May 2023

3.0
 for  Salary and Benefits

Likes

Salary credited on time is only good thing I find here.

Dislikes

This company believe in cost cutting by hiring inexperienced candidates and forcing them to work like experienced person.Recently they hired Application Engineers, Associate Business Analyst and expecting from them they should deliver Senior Software Engineer & Lead Business Analyst quality of work. Thus freshers life become hell here same goes for experienced ones. And management is very poor in this organization if project get impacted then they abuse the team members.You can't take leave here. Please guys don't join this organizations unless you have dieing for bread and butter.

read more
  • Skill development - Bad
    +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Jun 2023

3.0
 for  Salary and Benefits

Likes

Work from home capabilities and flexible working hours.

  • Promotions - Good

Dislikes

...re overloaded with work because the staff is short. Processes are not automated. People are forced to work from office otherwise their salary will be deducted even though if they worked from home. Policymakers are unaware of people behaviour and keep drafting policies randomly.

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  • Skill development - Poor
    +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 15 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary matches with market standards.

Dislikes

Management of Newgen is pathetic. Work boundaries are not clearly defined, you'll end up doing other's task. Client is always right culture is there. Project managers are only for name sake and they don't have any idea about what is going on in project. They are just concerned about the ETA. AP1 Delhi's management and projects are very pathetic. They don't follow any methodology and you'll end up screwing your work-life balance.

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  • Skill development - Bad
    +4 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 13 Nov 2024

5.0
 for  Salary and Benefits

Likes

salary comes on time, including the variable part

  • Salary - Excellent
    +2 more

Dislikes

I think apart from salary and variable pay everything is bad. They will ask a functional person to work on testing role. Put you any project they would feel like regardless of your skill set. The culture is also bad many senior mangers are in the company for ages.. People are there in the company for so long and they do whatever they want to do.

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  • Skill development - Poor
    +2 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 13 Nov 2024

3.0
 for  Salary and Benefits

Likes

They give good appraisal/hike if you have worked dedicatedly for the project. I got an average hike of around 48%in first year and 35%in second year. They give opportunities to travel onsite, and work individually on different modules.

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  • Job security - Good
    +1 more

Dislikes

...pan of 3 years and work solely. But my mental health has been compromised a lot. Realised this very late that I'm working too much at a very low pay.

read more
  • Skill development - Poor
    +3 more
see more salary related reviews

Newgen Software Technologies Salary FAQs

How much does Newgen Software Technologies pay per year?
The average Newgen Software Technologies salary ranges from approximately ₹1.3 Lakh to ₹1.6 Lakh per year for a Service Desk Engineer and ₹37 Lakhs to ₹65 Lakhs per year for a Associate Vice President. Salary estimates are based on 96 Newgen Software Technologies salaries received from various employees of Newgen Software Technologies. Newgen Software Technologies employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Newgen Software Technologies?
The highest-paying job at Newgen Software Technologies is a Associate Vice President with a salary of ₹37 Lakhs to ₹65 Lakhs per year. The top 10% of employees earn more than ₹17.81 lakhs per year. The top 1% earn more than a whopping ₹39.02 lakhs per year.
What is the minimum salary in Newgen Software Technologies?
Minimum salary at Newgen Software Technologies depends on the role you are applying for. For Applications Engineer the minimum salary is ₹3 Lakhs to ₹6.5 Lakhs per year, and for Software Engineer the minimum salary is ₹3 Lakhs to ₹10 Lakhs per year and so on.
What is the salary package for freshers in Newgen Software Technologies?
The average salary at Newgen Software Technologies for freshers varies from ₹1.3 Lakh to ₹5.5 Lakhs per year for Java Developer and ₹2.2 Lakhs to ₹10 Lakhs per year for Management Trainee.
What is the notice period at Newgen Software Technologies in BFSI, Investments & Trading Department?
According to AmbitionBox, 43% of the Newgen Software Technologies employees in BFSI, Investments & Trading Department reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 113 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Newgen Software Technologies is INRunlock blur . Salary estimates are based on 96 Newgen Software Technologies latest salaries received from various employees of Newgen Software Technologies.

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