Tech Formation Software Developer Salaries by 4 Employees

3 - 6 years exp.

₹3.5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Software Developer Salary in Software Product Companies for 3 - 6 years of experience

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Last Updated: 23 May 2024

Companies similar to Tech Formation for Software Developer

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LOCUS Software Developer Salary 1 - 4 years exp. (8 salaries)	₹12 L/yr - ₹18 L/yr 160% more
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View all

Software Developer salary at Tech Formation ranges between ₹3.5 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Formation.

Experience wise Tech Formation Software Developer salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8 L/yr

Similar Designation salaries in Tech Formation

Web Developer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Tech Formation

4.3

Rated by 4 employees for salary & benefits

Bdm Executive in Ludhiana

Full Time

Sales & Business Development Department

5.0

• posted on 29 Jul 2024

5.0

for Salary and Benefits

Likes

What I appreciate most about this company is NO micromanagement. Employees are given an open environment to work in, allowing them to be more efficient in their tasks.

Salary - Excellent

+6 more

Dislikes

There is nothing much that I dislike about the company.

Mern Full Stack Developer in Ludhiana

Full Time

Engineering - Software & QA Department

5.0

• posted on 09 Jan 2025

5.0

for Salary and Benefits

Likes

I am working as full stack developer and it is the best company ever as over here I can give my ideas freely without thinking twice and get to work on different projects with different framework

Salary - Excellent

+6 more

Dislikes

Nothing

Software Developer in Ludhiana

Engineering - Software & QA Department

5.0

• posted on 28 Oct 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts new technology. It provides full chance to the members to enhance their skills. Moreover the working environment is very good .

Salary - Good

+6 more

Dislikes

There is nothing like disliking about the company.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Tech Formation Software Developer Salary FAQs

What is the salary of Software Developer at Tech Formation ?

The average salary of a Software Developer at Tech Formation in India typically ranges from ₹3.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Software Developer at Tech Formation earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Software Developer Salaries at Tech Formation 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 4 Tech Formation employees in India.

What is the estimated take home salary of a Software Developer at Tech Formation in India?

The estimated take-home salary of a Software Developer at Tech Formation in India typically ranges from ₹42,309 to ₹43,439 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years 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 4 salaries received from various employees of Tech Formation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tech Formation for Software Developer in India?

Goodera	₹9.6 Lakhs to ₹30.0 Lakhs per year
JOVEO	₹15.7 Lakhs to ₹30.0 Lakhs per year
Xoxoday	₹8.0 Lakhs to ₹26.5 Lakhs per year
Pagarbook	₹8.0 Lakhs to ₹30.0 Lakhs per year
O4S	₹9.5 Lakhs to ₹22.5 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Tech Formation in India?

The salary of a Software Developer at companies similar to Tech Formation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LOCUS	₹12.0 Lakhs to ₹18.0 Lakhs per year
5C Network	₹6.0 Lakhs to ₹25.0 Lakhs per year
Esper	₹11.0 Lakhs to ₹13.0 Lakhs per year
Signzy Technologies	₹8.0 Lakhs to ₹16.0 Lakhs per year
HALODOC	₹10.0 Lakhs to ₹16.0 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 Developer at Tech Formation in India?

The salary growth for a Software Developer at Tech Formation depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at Tech Formation:

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹3.5 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
5 years	₹2.5 Lakhs to ₹8.0 Lakhs per year
6 years	₹3.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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Tech Formation Software Developer Salaries

Tech Formation Software Developer salary in India ranges between ₹3.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tech Formation latest salaries received from various employees of Tech Formation.