Raytex IT Services Hyderabad / Secunderabad Software Developer Salaries by 10+ Employees

1 - 6 years exp.

₹2.8 Lakhs - ₹9.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Software Developer Salary in Software Product Companies for 1 - 6 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Raytex IT Services for Software Developer in Hyderabad / Secunderabad

Raytex IT Services Software Developer Salary

1 - 6 years exp. (14 salaries)

₹2.8 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Yalamanchili Software Exports Software Developer Salary 0 - 3 years exp. (9 salaries)	₹1.5 L/yr - ₹3.5 L/yr 66% less
CyberArk Software Developer Salary 2 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹17.3 L/yr 25% more
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TCS Software Developer Salary 0 - 9 years exp. (4.3k salaries)	₹3.8 L/yr - ₹14 L/yr 26% more
Cognizant Software Developer Salary 0 - 9 years exp. (1.7k salaries)	₹2 L/yr - ₹20.3 L/yr 45% more
Wipro Software Developer Salary 0 - 8 years exp. (1.6k salaries)	₹2.3 L/yr - ₹18.3 L/yr 32% more

Software Developer salary at Raytex IT Services ranges between ₹2.8 Lakhs to ₹9.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 14 latest salaries received from various employees of Raytex IT Services.

Experience wise Raytex IT Services Software Developer salaries in Hyderabad / Secunderabad

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (4 salaries)	₹1.3 L/yr - ₹4.7 L/yr
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3 years (4 salaries)	₹3.5 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

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Similar Designation salaries in Raytex IT Services

Software Engineer Salary

(14 salaries)

₹6.8 L/yr - ₹12.56 L/yr

Senior Software Engineer Salary

(13 salaries)

₹10.1 L/yr - ₹23 L/yr

Senior Software Developer Salary

(5 salaries)

₹9.5 L/yr - ₹13.8 L/yr

Salary related reviews for Raytex IT Services

2.0

Rated by 1 employees for salary & benefits

Technical Lead in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 03 Feb 2022

5.0

for Salary and Benefits

Likes

Most employee friendly company. From CEO to every employee, everyone is matured and broad minded. Excellent work-life balance. Great work satisfaction and good remuneration. Feel respected in this company. Learning opportunities and provided and encouraged to develop new skills. Internal Talent is highly recognized and talented employees are promoted to higher levels. Good Leave policy and employees are always encouraged to take breaks and use those leaves.

Salary - Excellent

+6 more

Dislikes

Once we work here, we don't feel like leaving this company

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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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Raytex IT Services Software Developer Salary FAQs

What is the salary of Software Developer at Raytex IT Services in Hyderabad / Secunderabad?

The average salary of a Software Developer at Raytex IT Services in Hyderabad / Secunderabad typically ranges from ₹2.8 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Developer in Hyderabad / Secunderabad at Raytex IT Services earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Software Developer Salaries at Raytex IT Services 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 10+ Raytex IT Services employees in India.

What is the estimated take home salary of a Software Developer at Raytex IT Services in Hyderabad / Secunderabad?

The estimated take-home salary of a Software Developer at Raytex IT Services in Hyderabad / Secunderabad typically ranges from ₹53,278 to ₹54,605 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 1 year 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 10+ salaries received from various employees of Raytex IT Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Raytex IT Services for Software Developer in India?

Cognizant	₹2.0 Lakhs to ₹20.3 Lakhs per year
Wipro	₹2.3 Lakhs to ₹18.3 Lakhs per year
TCS	₹3.8 Lakhs to ₹14.0 Lakhs per year
CyberArk	₹3.5 Lakhs to ₹17.3 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Raytex IT Services in Hyderabad / Secunderabad?

The salary of a Software Developer at companies similar to Raytex IT Services in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yalamanchili Software Exports

₹1.5 Lakhs to ₹3.5 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 at Raytex IT Services in Hyderabad / Secunderabad?

The salary growth for a Software Developer at Raytex IT Services in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Developer in Hyderabad / Secunderabad can expect the following growth trajectory at Raytex IT Services:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹1.3 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.6 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Raytex IT Services Software Developer Salaries in Hyderabad / Secunderabad

Raytex IT Services Software Developer salary in Hyderabad / Secunderabad ranges between ₹2.8 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Raytex IT Services latest salaries received from various employees of Raytex IT Services.