Software AG Mumbai Software Engineer Level 1 Salaries by 6 Employees

Select experience

₹6.5 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Software Engineer Level 1 Salary in Software Product Companies for 1 year of experience

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Last Updated: 21 Jul 2024

Companies similar to Software AG for Software Engineer Level 1 in Mumbai

Software AG Software Engineer Level 1 Salary

1 year exp. (6 salaries)

₹6.5 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (60 salaries)	₹6 L/yr - ₹13.4 L/yr 8% more
Bank of America Software Engineer Level 1 Salary 1 - 5 years exp. (25 salaries)	₹6.5 L/yr - ₹12 L/yr 4% 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 5% more
Finicity Software Engineer Level 1 Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹9.5 L/yr 2% less
e-Emphasys Systems Software Engineer Level 1 Salary 2 - 6 years exp. (10 salaries)	₹4.1 L/yr - ₹10 L/yr 17% less

Software Engineer Level 1 salary at Software AG ranges between ₹6.5 Lakhs to ₹12.5 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 6 latest salaries received from various employees of Software AG.

Experience wise Software AG Software Engineer Level 1 salaries in Mumbai

Last Updated: 21 Jul 2024

Experience	Avg Annual Salary
1 year (6 salaries)	₹6.5 L/yr - ₹12.5 L/yr
Login to view exact salary

From

Software Engineer Level 1

₹

Lakhs/yr

1 - 3 years exp.

Lead Engineer

₹

Lakhs/yr

9 - 13 years exp.

Software Engineer Level 1

1 - 3 years exp.

Software Engineer2

1 - 5 years exp.

50% hike

Senior Software Engineer

4 - 9 years exp.

43% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Software AG for Software Engineer Level 1

Programming Testing QA Test Cases Sensors GIT Software Quality Assurance Test scripts Manual Testing Data Structures B2B Database Analytical skills Cloud AWS

Salary related reviews for Software AG

Senior Technical Writer in Chennai

Full Time

IT & Information Security Department

3.0

• posted on 17 Apr 2024

5.0

for Salary and Benefits

Likes

Great team and work culture. Good salary, perks and benefits. Learning exposure.

Salary - Excellent

+4 more

Dislikes

The management is confused. They sold the company and product multiple times. This company was built on acquisitions. Two years with new CEO, he sold the company of in parts and pieces

Job security - Bad

+1 more

AST Consultant in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

2.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

The work life balance is pathetic.The senior management needs to be changed

Job security - Good

Dislikes

The work life balance is worst also the managers act like bossy people.Pay is very less for freshers comparing with the work given

Work satisfaction - Bad

+2 more

Senior Consultant in Bangalore / Bengaluru

IT & Information Security Department

5.0

• posted on 14 Dec 2018

5.0

for Salary and Benefits

Likes

...n SoftwareAG from past ~3 years. I had best ever experience with SoftwareAG w.r.t to learning especially new technologies, lots of onsite opportunities (short terms), compensation. However, it depends from individuals to individuals but for me it has been a fantastic experience so far. :)

Salary - Excellent

+6 more

Dislikes

I have not experienced so far which I disliked.

Senior Engineering Specialist in Chennai

Engineering - Software & QA Department

5.0

• posted on 10 May 2018

4.0

for Salary and Benefits

Likes

At Software AG, you feel like free in terms of work we do. Salary is Good compared to other companies. Work-life balance is also good. As it is a product based, you really feel the product while developing the feature for it. You own the feature, not like in other product company you just develop the feature. Here you start from gathering the requirement for the feature to present the feature to the end user. End to end your inputs will be respected. Career growth is also good. While you work on the product you will learn more and more technologies and how to use the known one.

Salary - Good

+6 more

Dislikes

None so far. One thing is that there is not travel in this company.

Software Engineer II in Bangalore / Bengaluru

Engineering - Software & QA Department

4.0

• posted on 17 Jan 2018

4.0

for Salary and Benefits

Likes

... is to concentrate new technologies like Cloud, IoT, ML. Good work-life balance. Offers industry standard pay on par with other companies. Sports and cultural activities.

Salary - Good

+4 more

Dislikes

Not all R&D teams are research oriented. Many teams/products has just bug fixing and maintenance. Growth would be slower. Little politics too as seen everywhere.

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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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Software AG Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Software AG in Mumbai?

The average salary of a Software Engineer Level 1 at Software AG in Mumbai typically ranges from ₹6.5 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 1 year to 1 year).

The top 10% of Software Engineer Level 1 in Mumbai at Software AG earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Software Engineer Level 1 Salaries at Software AG 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 Software AG employees in India.

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

The estimated take-home salary of a Software Engineer Level 1 at Software AG in Mumbai typically ranges from ₹65,038 to ₹66,697 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 1 year to 1 year.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 Software AG. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer Level 1 at Software AG in Mumbai?

To be a Software Engineer Level 1 at Software AG in Mumbai, the key skills required include:

- Programming
- Testing
- QA
- Test Cases
- Sensors

These skills are highly valued at Software AG and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Software AG for Software Engineer Level 1 in India?

MAQ Software	₹6.0 Lakhs to ₹13.4 Lakhs per year
Connectwise India	₹5.0 Lakhs to ₹10.0 Lakhs per year
Bank of America	₹6.5 Lakhs to ₹12.0 Lakhs per year

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

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

The salary of a Software Engineer Level 1 at companies similar to Software AG in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Finicity	₹6.0 Lakhs to ₹9.5 Lakhs per year
e-Emphasys Systems	₹4.1 Lakhs to ₹10.0 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 Engineer Level 1 at Software AG in Mumbai?

The salary growth for a Software Engineer Level 1 at Software AG in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in Mumbai can expect the following growth trajectory at Software AG:

Experience	Average Salary Range
1 year	₹6.5 Lakhs to ₹12.5 Lakhs per year

and so on.

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Software AG Software Engineer Level 1 Salaries in Mumbai

Software AG Software Engineer Level 1 salary in Mumbai ranges between ₹6.5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Software AG latest salaries received from various employees of Software AG.