ThoughtWorks Software Development Engineer Salaries by 4 Employees

2 - 4 years exp.

₹14 Lakhs - ₹21 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

27% more than the average Software Development Engineer Salary in IT Services & Consulting Companies for 2 - 4 years of experience

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Last Updated: 22 Dec 2024

Companies similar to ThoughtWorks for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
HTC Global Services Software Development Engineer Salary 1 - 6 years exp. (175 salaries)	₹2.3 L/yr - ₹8.9 L/yr 72% less
TEKsystems Software Development Engineer Salary 2 - 6 years exp. (10 salaries)	₹10 L/yr - ₹17.3 L/yr 23% less
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Ingram Micro Software Development Engineer Salary 1 - 8 years exp. (9 salaries)	₹5.3 L/yr - ₹18.6 L/yr 38% less
Sopra Steria Software Development Engineer Salary 1 - 3 years exp. (8 salaries)	₹5 L/yr - ₹11 L/yr 54% less
Unisys Software Development Engineer Salary 2 - 4 years exp. (8 salaries)	₹5.7 L/yr - ₹17.7 L/yr 29% less
Thales Software Development Engineer Salary 0 - 4 years exp. (5 salaries)	₹6.8 L/yr - ₹12.5 L/yr 45% less	1 job opening
Tietoevry Software Development Engineer Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹21.9 L/yr 27% less	1 job opening
Allianz Technology Software Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹7.1 L/yr - ₹7.2 L/yr 59% less
Synechron Software Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 71% less
Collabera Technologies Software Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹7 L/yr - ₹14.5 L/yr 39% less
Luxoft Software Development Engineer Salary 5 - 7 years exp. (4 salaries)	₹15.5 L/yr - ₹30 L/yr 35% more	1 job opening
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Giesecke & Devrient Software Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹9.5 L/yr 53% less
TransUnion Software Development Engineer Salary 0 - 3 years exp. (4 salaries)	₹8 L/yr - ₹17.3 L/yr 26% less
Diebold Nixdorf Software Development Engineer Salary 0 - 3 years exp. (3 salaries)	₹5 L/yr - ₹9.8 L/yr 55% less

Software Development Engineer salary at ThoughtWorks ranges between ₹14 Lakhs to ₹21 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ThoughtWorks.

Experience wise ThoughtWorks Software Development Engineer salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
3 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
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4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr

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Project Engineer Salary

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₹13.5 L/yr - ₹17.3 L/yr

System Engineer Salary

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₹18.5 L/yr - ₹22 L/yr

Senior Engineer Salary

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₹16.75 L/yr - ₹25.6 L/yr

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₹14 L/yr - ₹37 L/yr

Associate Software Engineer Salary

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₹11 L/yr - ₹11.4 L/yr

Application Development Analyst Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Lead Software Engineer Salary

(6 salaries)

₹22 L/yr - ₹48 L/yr

Salary related reviews for ThoughtWorks

Application Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Mar 2023

3.0

for Salary and Benefits

Likes

The company culture is amazing. It's an organisation where you can grow from zero to hero as a developer. Nothing to dislike about the work culture. The quality of work is second to none in the market.

Skill development - Excellent

+4 more

Dislikes

The management should focus more on employee retention and overall compensation, instead of just going in the market and hiring freshers. Reputation is built by the people working in the company. If compensation is not matching the market standards, the reputation will also go down in no time.

Application Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

3.0

• posted on 21 Sep 2023

2.0

for Salary and Benefits

Likes

WLB is good, Ample amount of leaves.

Work-life balance - Good

Dislikes

No hikes. The base pay is also very low as compared to market standard. The LUMOS cycle is ridiculous. The upper management do not have any clarity about the direction in which TW is driving.

Salary - Poor

+2 more

Application Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 May 2023

3.0

for Salary and Benefits

Likes

Company culture is excellent, there is no hierarchy, you get to work on the projects directly and pair with senior folks on regular basis. Work life balance is more than good.

Skill development - Good

+4 more

Dislikes

1. Salary is not that great. 2. Lumos(Performance Review Process) is very irritating.

Application Developer (working remotely)

Full Time

Engineering - Software & QA Department

3.0

• posted on 05 Oct 2023

3.0

for Salary and Benefits

Likes

People are nice, helpful and supportive and full of knowledge. Company culture is nice because of the people but management tries really hard to ruin it. Working hours is flexible Unlimited sick leaves There are resources available for skill development and learning. But when you ask a project as per your learning aspirations then they will back out.

Skill development - Good

+2 more

Dislikes

... policies for what it was known for, because of that it is loosing top talents. The base pay very low as compared to market standard. They keep on postponing hikes. And this year 2023, they are not even giving hikes. Management needs to improve and be transparent with their employees. Performance metric - Lumos is the worst, it doesn't add any value to be honest. They have fired and layed off a good amount of their employees. If the project work is not good they don't consider your request to move to another project. There is no flexibility of choosing a project based on your learning aspirations (earlier it was there) Thoughtworks used to be one of the best places to work, but from past couple years it is becoming yet another service based company

Promotions - Bad

+1 more

Application Developer in Bangalore / Bengaluru

Engineering - Software & QA Department

1.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

It is a multi national company. 3-4 Branches in India offers one to choose office locations nearby.

Dislikes

...urs. 4-5 Meetings on Saturdays despite it being a holiday. Unrealistic workload. Salary and perks are bare minimum with no real career growth opportunity.

Salary - Bad

+6 more

see more salary related reviews

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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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ThoughtWorks Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at ThoughtWorks ?

The average salary of a Software Development Engineer at ThoughtWorks in India typically ranges from ₹14.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Development Engineer at ThoughtWorks earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Software Development Engineer Salaries at ThoughtWorks 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 ThoughtWorks employees in India.

What is the estimated take home salary of a Software Development Engineer at ThoughtWorks in India?

The estimated take-home salary of a Software Development Engineer at ThoughtWorks in India typically ranges from ₹1,18,933 to ₹1,22,267 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 ThoughtWorks. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ThoughtWorks for Software Development Engineer in India?

Luxoft

₹15.5 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Software Development Engineer in companies similar to ThoughtWorks in India?

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

TEKsystems	₹10.0 Lakhs to ₹17.3 Lakhs per year
TransUnion	₹8.0 Lakhs to ₹17.3 Lakhs per year
Tietoevry	₹5.5 Lakhs to ₹21.9 Lakhs per year
Unisys	₹5.7 Lakhs to ₹17.7 Lakhs per year
Ingram Micro	₹5.3 Lakhs to ₹18.6 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 Development Engineer at ThoughtWorks in India?

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

Experience	Average Salary Range
2 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
3 years	₹15.9 Lakhs to ₹20.3 Lakhs per year
4 years	₹16.7 Lakhs to ₹21.4 Lakhs per year

and so on.

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ThoughtWorks Software Development Engineer Salaries

ThoughtWorks Software Development Engineer salary in India ranges between ₹14 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ThoughtWorks latest salaries received from various employees of ThoughtWorks.