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Solera Holdings Software Engineer Level 1 salaries in India

Annual salary range
0 - 7 years exp.
₹8.5 Lakhs - ₹11 Lakhs
Salary of majority employees
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At par with the average Software Engineer Level 1 Salary for 0 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Solera Holdings for Software Engineer Level 1

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹8 L/yr

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Deloitte Software Engineer Level 1 Salary

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Wipro Software Engineer Level 1 Salary

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₹2.3 L/yr - ₹9.7 L/yr

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LTIMindtree Software Engineer Level 1 Salary

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₹3 L/yr - ₹6.6 L/yr

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Capgemini Software Engineer Level 1 Salary

1 - 4 years exp. (36 salaries)

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₹3 L/yr - ₹6.5 L/yr

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Accenture Software Engineer Level 1 Salary

1 - 5 years exp. (23 salaries)

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TCS Software Engineer Level 1 Salary

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₹3.3 L/yr - ₹5.5 L/yr

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Amazon Software Engineer Level 1 Salary

0 - 5 years exp. (17 salaries)

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₹13.5 L/yr - ₹33 L/yr

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Cognizant Software Engineer Level 1 Salary

2 - 3 years exp. (15 salaries)

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₹4.5 L/yr - ₹10 L/yr

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Mphasis Software Engineer Level 1 Salary

1 - 4 years exp. (10 salaries)

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₹3.6 L/yr - ₹11 L/yr

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Infosys Software Engineer Level 1 Salary

2 - 4 years exp. (7 salaries)

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₹5 L/yr - ₹9 L/yr

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₹6 L/yr - ₹11 L/yr

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Genpact Software Engineer Level 1 Salary

2 - 4 years exp. (4 salaries)

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₹5.5 L/yr - ₹6.2 L/yr

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₹4.2 L/yr - ₹10 L/yr

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Jio Software Engineer Level 1 Salary

0 - 4 years exp. (4 salaries)

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₹6 L/yr - ₹7 L/yr

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Axis Bank Software Engineer Level 1 Salary

0 - 2 years exp. (4 salaries)

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₹8 L/yr - ₹13 L/yr

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IBM Software Engineer Level 1 Salary

0 - 4 years exp. (3 salaries)

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₹5 L/yr - ₹12.5 L/yr

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View all
Software Engineer Level 1 salary at Solera Holdings ranges between ₹8.5 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Solera Holdings.

Latest annual salaries shared by Solera Holdings Software Engineer Level 1

1y ago
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1 year exp.
1y ago
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7 years exp.
1y ago
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8 months exp.

Experience wise Solera Holdings Software Engineer Level 1 salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
1 year (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Solera Holdings

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₹17.5 L/yr - ₹20 L/yr
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₹32 L/yr - ₹39.3 L/yr
Java Developer Salary
(3 salaries)
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₹3 L/yr - ₹6.3 L/yr
Full Stack Developer Salary
(AmbitionBox Estimate)
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₹20.3 L/yr - ₹25.9 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Salary related reviews for Solera Holdings

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 30 Dec 2024

1.0
 for  Salary and Benefits

Likes

while joining they only offer good compensation. later on, zero hikes, no proper job timings, no Shift allowance, they call 24/7 with the name NOC calls. no proper guidance, leadership, no job security..

read more

Dislikes

Zero hikes, no proper job / working hours no Shift allowances no on call allowances no job security.

  • Salary - Bad
  • +6 more

Full Time

 · 

Product Management Department

2.0
  •  posted on 26 Feb 2023

4.0
 for  Salary and Benefits

Likes

Learning wise great.

  • Salary - Good
  • +2 more

Dislikes

Solera has fired people left right and center. They were very careless will hiring where many people were hired for growth initiatives with inflated salary. I just keep fearing the morning call from CPO where suddenly you are fired.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 16 Sep 2023

1.0
 for  Salary and Benefits

Likes

There should be some positive points to like the company. But I cannot find any here.

Dislikes

Everything is messed up. No proper projects, no appraisals, no bonuses and even the culture is not as professional as it should be. Even the higher management is of no use. They hire multiple freshers and after a 2 months of useless technical training, they fire some of them. Even the job is not secured. The culture still feels like college not like a professional IT firm

read more
  • Salary - Bad
  • +6 more

Part Time

 · 

Product Management Department

1.0
  •  posted on 01 Apr 2023

4.0
 for  Salary and Benefits

Likes

High joining salaries Allowance like shift allowance, free meals

  • Salary - Good

Dislikes

No employee trust, poor HR, one man running the show on his will, frequently layoffs even before recessions, poor culture and no sense of security or satisfaction

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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Solera Holdings Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Solera Holdings ?
The average salary of a Software Engineer Level 1 at Solera Holdings in India typically ranges from ₹8.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Software Engineer Level 1 at Solera Holdings earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Software Engineer Level 1 Salaries at Solera Holdings 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 Solera Holdings employees in India.
What is the estimated take home salary of a Software Engineer Level 1 at Solera Holdings in India?
The estimated take-home salary of a Software Engineer Level 1 at Solera Holdings in India typically ranges from ₹69,940 to ₹71,739 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 Solera Holdings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Solera Holdings for Software Engineer Level 1 in India?
Amazon ₹13.5 Lakhs to ₹33.0 Lakhs per year
JPMorgan Chase & Co. ₹11.0 Lakhs to ₹21.0 Lakhs per year
Axis Bank ₹8.0 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Solera Holdings, depending on the role and experience level.
What is the salary of a Software Engineer Level 1 in companies similar to Solera Holdings in India?
The salary of a Software Engineer Level 1 at companies similar to Solera Holdings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deloitte ₹6.0 Lakhs to ₹14.0 Lakhs per year
IBM ₹5.0 Lakhs to ₹12.5 Lakhs per year
Infosys ₹5.0 Lakhs to ₹9.0 Lakhs per year
DXC Technology ₹6.0 Lakhs to ₹11.0 Lakhs per year
Concentrix Corporation ₹3.0 Lakhs to ₹11.2 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 Solera Holdings in India?
The salary growth for a Software Engineer Level 1 at Solera Holdings depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 can expect the following growth trajectory at Solera Holdings:

Experience Average Salary Range
Fresher ₹9.5 Lakhs to ₹12.1 Lakhs per year
1 year ₹8.8 Lakhs to ₹11.3 Lakhs per year
6 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
7 years ₹7.7 Lakhs to ₹9.8 Lakhs per year
and so on.

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Solera Holdings Software Engineer Level 1 salary in India ranges between ₹8.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Solera Holdings latest salaries received from various employees of Solera Holdings.