Optimize IT Systems Kolkata Principal Software Engineer Salaries by 6 Employees

7 - 12 years exp.

₹7 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Principal Software Engineer Salary in IT Services & Consulting Companies for 7 - 12 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Optimize IT Systems for Principal Software Engineer in Kolkata

Optimize IT Systems Principal Software Engineer Salary

7 - 12 years exp. (6 salaries)

₹7 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Keysight Technologies Principal Software Engineer Salary 16 - 20 years exp. (5 salaries)	₹29.1 L/yr - ₹45 L/yr 192% more
Login to view exact salary
Netwoven Principal Software Engineer Salary 11 - 14 years exp. (3 salaries)	₹17.7 L/yr - ₹18 L/yr 45% more

Principal Software Engineer salary at Optimize IT Systems ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Optimize IT Systems.

Experience wise Optimize IT Systems Principal Software Engineer salaries in Kolkata

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
12 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr

View all

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Salary related reviews for Optimize IT Systems

3.2

Rated by 2 employees for salary & benefits

Associate Software Engineer in Kolkata

Engineering - Software & QA Department

4.0

• posted on 03 Oct 2021

4.0

for Salary and Benefits

Likes

The projects on which I worked gave me a lot of knowledge about the technology as well as the project which was not related to the computer field. Seniors are always helpful.

Salary - Good

+4 more

Dislikes

Compensation is good but growth is slow. The company is still working on old age technologies whereas the latest versions of similar technology are running in the industry. Sometimes work pressure can be high.

Software Developer in Kolka

Engineering - Software & QA Department

1.0

• posted on 15 Jun 2020

2.0

for Salary and Benefits

Likes

Don't know about Covid 19, but the working with the company is no good for your career. So no likes.

Dislikes

Everything is disliked except salary which comes late. Do not join the company if you care for your career.

Salary - Poor

+6 more

MIS Specialist in Patna

Project & Program Management Department

2.0

• posted on 13 Jun 2021

1.0

for Salary and Benefits

Likes

Worst experience ever. We didn't get salary from 1 years, management having lots of excuses. No salary hike, no appraisal in past 2 years. Finally I leave the job.

Dislikes

There is no career growth with this company. No salary hike, no appraisal and also no job security. Worst past is they hold our salary for long time.

Salary - Bad

+6 more

Sfdc Developer in Mumbai

Engineering - Software & QA Department

5.0

• posted on 02 Apr 2019

5.0

for Salary and Benefits

Likes

...od specially the CEO of the company is very humble, enthusiastic and supportive. Teammates are also good and supportive and salary and appraisal are on time and as per the expectation it will received, and talk about the learning they always encourage us to learn to latest technology in the market and they will arrange training session with experts.

Salary - Excellent

+6 more

Dislikes

No I don't think so any thing is there.

QA Lead - Software Testing in Kolkata

Engineering - Software & QA Department

3.0

• posted on 21 Feb 2019

4.0

for Salary and Benefits

Likes

Salary was satisfying.

Salary - Good

Dislikes

Human resource management not effective in Optimize IT, Kolkata. Hire and fire policy practiced silently with no prior warning given to the resource. Even for top performing resource, any fine day HR just calls in her office and asks the resource to quit. Several such shocking experiences witnessed for few top potential resources in OIT.

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

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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Optimize IT Systems Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Optimize IT Systems in Kolkata?

The average salary of a Principal Software Engineer at Optimize IT Systems in Kolkata typically ranges from ₹7.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Principal Software Engineer in Kolkata at Optimize IT Systems earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Principal Software Engineer Salaries at Optimize IT Systems 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 6 Optimize IT Systems employees in India.

What is the estimated take home salary of a Principal Software Engineer at Optimize IT Systems in Kolkata?

The estimated take-home salary of a Principal Software Engineer at Optimize IT Systems in Kolkata typically ranges from ₹87,511 to ₹89,806 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 6 salaries received from various employees of Optimize IT Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Optimize IT Systems for Principal Software Engineer in India?

Keysight Technologies	₹29.1 Lakhs to ₹45.0 Lakhs per year
Netwoven	₹17.7 Lakhs to ₹18.0 Lakhs per year

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

How the salary growth look like for a Principal Software Engineer at Optimize IT Systems in Kolkata?

The salary growth for a Principal Software Engineer at Optimize IT Systems in Kolkata depends on factors such as experience, performance, and promotions. On average, a Principal Software Engineer in Kolkata can expect the following growth trajectory at Optimize IT Systems:

Experience	Average Salary Range
7 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
8 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
9 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
10 years	₹11.0 Lakhs to ₹14.1 Lakhs per year

and so on.

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Optimize IT Systems Principal Software Engineer Salaries in Kolkata

Optimize IT Systems Principal Software Engineer salary in Kolkata ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Optimize IT Systems latest salaries received from various employees of Optimize IT Systems.