PayCraft Solutions Mumbai Software Engineer Level 1 Salaries by 6 Employees (Updated 2024)

0 - 2 years exp.

₹5 Lakhs - ₹9.8 Lakhs

Salary of majority employees

22% less than the average Software Engineer Level 1 Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Last Updated: 4 Dec 2024

Companies similar to PayCraft Solutions for Software Engineer Level 1 in Mumbai

PayCraft Solutions Software Engineer Level 1 Salary

0 - 2 years exp. (6 salaries)

₹5 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (57 salaries)	₹6 L/yr - ₹13 L/yr 21% more
Bank of America Software Engineer Level 1 Salary 1 - 4 years exp. (24 salaries)	₹6.5 L/yr - ₹12 L/yr 21% more
Login to view exact salary
Connectwise India Software Engineer Level 1 Salary 1 - 4 years exp. (12 salaries)	₹5 L/yr - ₹10 L/yr 4% more
Finicity Software Engineer Level 1 Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹9.5 L/yr 9% more
e-Emphasys Systems Software Engineer Level 1 Salary 2 - 6 years exp. (10 salaries)	₹4.1 L/yr - ₹10 L/yr 6% less

Software Engineer Level 1 salary at PayCraft Solutions ranges between ₹5 Lakhs to ₹9.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of PayCraft Solutions.

Experience wise PayCraft Solutions Software Engineer Level 1 salaries in Mumbai

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹13.1 L/yr
1 year (AmbitionBox Estimate)	₹7.5 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.8 L/yr

Salary related reviews for PayCraft Solutions

1.3

Rated by 2 employees for salary & benefits

Production Support Engineer in Mumbai

Operations Department

4.0

• posted on 03 Jun 2019

2.0

for Salary and Benefits

Likes

Teammates were good and supporting. Salary was good.

Dislikes

Work life balance is worse. Team leader don't care about junior. Don't know how to arrange shifts. Most of the time I used to work for straight 8-9 days without week off .

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

1.0

• posted on 13 Aug 2023

1.0

for Salary and Benefits

Likes

Managers are good they are supporting and team is also good but no one has any value in front of management.

Dislikes

Work life is not balanced, team members are good, worst management they don't care about employees if you will take leave then management will start pointing you for taking leaves, appraisal is also worst . There is no value of managers, HR every decision even small decision are taken care by management and that are worst decisions

Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Feb 2024

2.0

for Salary and Benefits

Likes

At times wfh option. The employees liked by manager don't have to work. They can just sit and earn. Managers are an expert in inflating the work quality and quantity.

Dislikes

The culture is really bad. The politics is heavy at all levels. Especially the Pune head person is very poisonous. They make you work on weekends as well. They use and throw employees. So many people join and leave within a year due to bad management.

Lead Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Hybrid working ,latest technology.

Dislikes

Below standard office, toilet are very small. Company is in debt so too much budget constraints,low server memory given due to low budget ,very hard for vendors to get their bills approved.

Android Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 15 Jan 2023

4.0

for Salary and Benefits

Likes

New Technology, Flexible timing, Good travel related arrangement, Really recommended to freshers

Dislikes

Project Manngment sucks, Sometimes you will stuck between your Tech manager and Product manager requirements, No one to manage different verticals within a project so as a individual contributor some time you might get loss

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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PayCraft Solutions Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at PayCraft Solutions Mumbai?

Software Engineer Level 1 salary at PayCraft Solutions in Mumbai ranges between ₹5.0 Lakhs to ₹9.8 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 22% less than the average Software Engineer Level 1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of PayCraft Solutions Mumbai.

How does the salary of a Software Engineer Level 1 at PayCraft Solutions Mumbai compare with the average salary range for this job?

The average salary of a Software Engineer Level 1 at PayCraft Solutions is 22% less than the average salary of a Software Engineer Level 1 in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than PayCraft Solutions to a Software Engineer Level 1 in Mumbai?

MAQ Software Software Engineer Level 1 Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Bank of America Software Engineer Level 1 Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Finicity Software Engineer Level 1 Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
Connectwise India Software Engineer Level 1 Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Software Engineer Level 1 in companies similar to PayCraft Solutions in Mumbai?

e-Emphasys Systems Software Engineer Level 1 Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Software Engineer Level 1 at PayCraft Solutions in Mumbai?

The estimated take-home salary of a Software Engineer Level 1 at PayCraft Solutions ranges between ₹58,270 per month to ₹59,738 per month in Mumbai. The take-home salary calculation is based on the average PayCraft Solutions Software Engineer Level 1 salary in India which ranges between ₹5.0 Lakhs to ₹9.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer Level 1 at PayCraft Solutions in Mumbai?

According to AmbitionBox, 33% of the PayCraft Solutions Software Engineer Level 1s in Mumbai reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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PayCraft Solutions Software Engineer Level 1 Salaries in Mumbai

PayCraft Solutions Software Engineer Level 1 salary in Mumbai ranges between ₹5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 PayCraft Solutions latest salaries received from various employees of PayCraft Solutions.