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SoCtronics Technologies L2 Engineer salaries in Guntur

Annual salary range
2 - 3 years exp.
₹8 Lakhs - ₹14.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% more than the average L2 Engineer Salary in Electronics Manufacturing Companies for 2 - 3 years of experience

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Last Updated: 29 Sep 2023

L2 Engineer salary at SoCtronics Technologies ranges between ₹8 Lakhs to ₹14.3 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 5 latest salaries received from various employees of SoCtronics Technologies.

Latest annual salaries shared by SoCtronics Technologies L2 Engineer in Guntur

1y ago
₹9.5 Lakhs
2 years exp.
1y ago
₹8 Lakhs
2 years exp.

Experience wise SoCtronics Technologies L2 Engineer salaries in Guntur

Last Updated: 29 Sep 2023

Experience Avg Annual Salary
2 years  (4 salaries)

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₹8 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹14.9 L/yr

Salary related reviews for SoCtronics Technologies

Engineering - Software & QA Department

3.0
  •  posted on 28 Mar 2018

3.0
 for  Salary and Benefits

Likes

...ding technologies.how much we struggle in getting the outcome that much we gain.based on our projects and working skills they can prefer you on_site but there is no extra pay for that.

read more
  • Skill development - Good
  • +3 more

Dislikes

Everything purely depends on our manager and work.work presser will be more at release times.If we are under right manager it will be good other wise there is no recognition for our hard work.

read more
  • Work-life balance - Bad

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 May 2021

2.0
 for  Salary and Benefits

Likes

Learning wise it is ok. Salary wise it is poor. They tell like they will give 50% hike for every year. But initially they pay 2.8 and after hike you get 4.2 .But in software your starting pay would be around 3.6 but including training. But in this company they you have to undergo training of 6 months in Veda to get a offer of soctronics. Even in appraisals like in 3 projects if you get (M+,M+,M) at the end you get only M instead of M+ because of policy in soctronics they use floor mechanism to calculate rating instead of ceil.

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Dislikes

Don't join embedded if you have offer (some mnc)of software. If there is no embedded project then they will move to software domain . Better to join embedded company in banglore if the location is not a problem otherwise you have to work in soctronics for 3 years and you have to pay 4 lakh if you break it. Everybody don't get Qualcomm or intel after working in soctronics .It is a myth.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 21 Oct 2023

3.0
 for  Salary and Benefits

Likes

Gains more work knowledge

  • Promotions - Good

Dislikes

...ployees facilities are not good and employee treatment is bad No work from home No benefits other than salary Superiority feelings are more here for managers

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  • Company culture - Poor
  • +1 more

Engineering - Software & QA Department

4.0
  •  posted on 29 Jun 2022

2.0
 for  Salary and Benefits

Likes

Everything is very good at Soctronics but the problem occurs when it comes to compensation. The compensation is very poor if a fresher is joining the company. It will take 6 years to come to the market level salary structure. Other than that everything is perfect. There is lot of learning curve, friendly atmosphere with colleagues and other higher authorities etc.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Only thing is compensation provided to a fresher.

  • Salary - Poor
  • +1 more

Physical Design Department

5.0
  •  posted on 29 Jun 2022

4.0
 for  Salary and Benefits

Likes

To start your career in VLSI, definitely Soctronics is the best. Though initially you feel negative about work culture, in career prospective it worth.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary hikes are effective only after your bond gets completed and there will be new policies that comes always.

read more
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SoCtronics Technologies L2 Engineer Salary FAQs

What is the salary of L2 Engineer at SoCtronics Technologies in Guntur?
The average salary of a L2 Engineer at SoCtronics Technologies in Guntur typically ranges from ₹8.0 Lakhs to ₹14.3 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of L2 Engineer in Guntur at SoCtronics Technologies earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. L2 Engineer Salaries at SoCtronics Technologies 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 5 SoCtronics Technologies employees in India.
What is the estimated take home salary of a L2 Engineer at SoCtronics Technologies in Guntur?
The estimated take-home salary of a L2 Engineer at SoCtronics Technologies in Guntur typically ranges from ₹91,517 to ₹93,965 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.3 Lakhs per year for employees with experience ranging from 2 years to 3 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 5 salaries received from various employees of SoCtronics Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a L2 Engineer at SoCtronics Technologies in Guntur?
The salary growth for a L2 Engineer at SoCtronics Technologies in Guntur depends on factors such as experience, performance, and promotions. On average, a L2 Engineer in Guntur can expect the following growth trajectory at SoCtronics Technologies:

Experience Average Salary Range
2 years ₹8.0 Lakhs to ₹12.0 Lakhs per year
3 years ₹11.7 Lakhs to ₹14.9 Lakhs per year
and so on.

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SoCtronics Technologies L2 Engineer salary in Guntur ranges between ₹8 Lakhs to ₹14.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SoCtronics Technologies latest salaries received from various employees of SoCtronics Technologies.