Upstox Bangalore / Bengaluru Engineering Manager Salaries by 5 Employees

11 - 14 years exp.

₹39 Lakhs - ₹1.2 Crore

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

99% more than the average Engineering Manager Salary in Financial Services Companies for 11 - 14 years of experience

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Last Updated: 27 Apr 2024

Companies similar to Upstox for Engineering Manager in Bangalore / Bengaluru

Upstox Engineering Manager Salary

11 - 14 years exp. (5 salaries)

₹39 L/yr - ₹1.2 Cr/yr

Company name	Avg Annual Salary	Open Jobs
Groww Engineering Manager Salary 5 - 15 years exp. (8 salaries)	₹37.4 L/yr - ₹93.5 L/yr 1% less
Pine Labs Engineering Manager Salary 10 - 17 years exp. (5 salaries)	₹25.8 L/yr - ₹50 L/yr 44% less
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Bosch Global Software Technologies Engineering Manager Salary 13 - 22 years exp. (98 salaries)	₹24 L/yr - ₹50 L/yr 55% less
VMware Software Engineering Manager Salary 11 - 19 years exp. (66 salaries)	₹26 L/yr - ₹94 L/yr 27% less
Oracle Cerner Engineering Manager Salary 10 - 15 years exp. (64 salaries)	₹17 L/yr - ₹38.2 L/yr 66% less

Engineering Manager salary at Upstox ranges between ₹39 Lakhs to ₹1.2 Crore per year for employees with experience between 11 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Upstox.

Experience wise Upstox Engineering Manager salaries in Bangalore / Bengaluru

Last Updated: 27 Apr 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹82.5 L/yr - ₹91.2 L/yr
12 years (AmbitionBox Estimate)	₹80 L/yr - ₹88.4 L/yr
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13 years (AmbitionBox Estimate)	₹77.5 L/yr - ₹85.6 L/yr
14 years (AmbitionBox Estimate)	₹75 L/yr - ₹82.9 L/yr

Similar Designation salaries in Upstox

Product Manager Salary

(10 salaries)

₹20 L/yr - ₹45 L/yr

Software Engineer Salary

(6 salaries)

₹16.49 L/yr - ₹22.5 L/yr

Top skills at Upstox for Engineering Manager

Coding Engineering Management Computer science Debugging Distribution System Project Management Software Development Microservices Virtualization Automation Unit Testing Product Engineering C++ Java Testing

Salary related reviews for Upstox

Engineering Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 03 Jan 2023

4.0

for Salary and Benefits

Likes

Goos pay. You can thrive if u r going by reference from someone head or director level. You can seat and throw random nonsense at the engineers.

Salary - Good

Dislikes

No work life balance. Too many levels of people managers and few implementors. In the name of process they play favorites. Too many noise makers instead of helping or assisting to solve a problem they simple run skeleton dedicated crew thin and hang them dry. Technology head is petty and very biased and demoralizing. No sense of Saturday or sunday anytime call happens. People with connections with heads only make noise but when real work is question blame is put on already burdened developers.

Skill development - Poor

+5 more

Product Manager in Mumbai

Full Time

Product Management Department

2.0

• posted on 09 Jan 2023

5.0

for Salary and Benefits

Likes

...ritating emails, HR follow-ups for the same and so a lot of time is saved there. But for the annual variable pay, you do need to conjecture something up.

Salary - Excellent

+2 more

Dislikes

Lack of both product culture & engineering culture. Strategies and focus change week on week, month on month. Product has a dotted line reporting to engg which over time seems to be converting to a full line. With no clear direction, product rarely ships any impactful features and there is a constant struggle to catch-up with competition. It seems the primary aim/strategy is to get new users via marketing with minimum efforts into retention. There is no goal-setting process at quarter or annual level.

Skill development - Bad

+3 more

Product Manager in Bangalore / Bengaluru

Product Management Department

3.0

• posted on 07 Sep 2022

4.0

for Salary and Benefits

Likes

Good WLB, good pay structure

Salary - Good

+3 more

Dislikes

Company has no vision. Its literally catching up with every other broker on the street. One day you copy Zerodha, on the another day you copy Groww. Its just sad to see the wasted potential of this company. I blame the leadership who promoted people from non-product backgrounds to product leadership and they are ruining the company. Every team works in silos which exasperates the problem

Skill development - Poor

+2 more

Content Writer in Mumbai

Full Time

Content, Editorial & Journalism Department

3.0

• posted on 19 Feb 2024

3.0

for Salary and Benefits

Likes

1. Receive salary on time 2. Holidays granted without any hiccups 3. Office is located in front of the station

Skill development - Good

+1 more

Dislikes

1. Hybrid model discontinued 2. Long and unscheduled working hours 3. Management and managers unwilling to listen to feedback 4. Poor appraisals

Promotions - Poor

Software Developer Engineer 2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Sep 2023

3.0

for Salary and Benefits

Likes

Fast pace environment, exposure to stock market, live user feedback on app as app is live on play store, experienced managers

Job security - Excellent

+3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

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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Upstox Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Upstox in Bangalore / Bengaluru?

The average salary of a Engineering Manager at Upstox in Bangalore / Bengaluru typically ranges from ₹39.0 Lakhs to ₹115.0 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Engineering Manager in Bangalore / Bengaluru at Upstox earn more than ₹115.0 Lakhs per year, and the top 1% earn over ₹115.0 Lakhs per year. Engineering Manager Salaries at Upstox 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 Upstox employees in India.

What is the estimated take home salary of a Engineering Manager at Upstox in Bangalore / Bengaluru?

The estimated take-home salary of a Engineering Manager at Upstox in Bangalore / Bengaluru typically ranges from ₹4,47,895 to ₹4,60,850 per month. This is based on the average salary range of ₹39.0 Lakhs to ₹115.0 Lakhs per year for employees with experience ranging from 11 years to 14 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 Upstox. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Engineering Manager at Upstox in Bangalore / Bengaluru?

To be a Engineering Manager at Upstox in Bangalore / Bengaluru, the key skills required include:

- Coding
- Engineering Management
- Computer science
- Debugging
- Distribution System

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

What is the salary of a Engineering Manager in companies similar to Upstox in Bangalore / Bengaluru?

The salary of a Engineering Manager at companies similar to Upstox in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Groww	₹37.4 Lakhs to ₹93.5 Lakhs per year
VMware Software	₹26.0 Lakhs to ₹94.0 Lakhs per year
Pine Labs	₹25.8 Lakhs to ₹50.0 Lakhs per year
Bosch Global Software Technologies	₹24.0 Lakhs to ₹50.0 Lakhs per year
Oracle Cerner	₹17.0 Lakhs to ₹38.2 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 Engineering Manager at Upstox in Bangalore / Bengaluru?

The salary growth for a Engineering Manager at Upstox in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Engineering Manager in Bangalore / Bengaluru can expect the following growth trajectory at Upstox:

Experience	Average Salary Range
11 years	₹82.5 Lakhs to ₹91.2 Lakhs per year
12 years	₹80.0 Lakhs to ₹88.4 Lakhs per year
13 years	₹77.5 Lakhs to ₹85.6 Lakhs per year
14 years	₹75.0 Lakhs to ₹82.9 Lakhs per year

and so on.

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Upstox Engineering Manager Salaries in Bangalore / Bengaluru

Upstox Engineering Manager salary in Bangalore / Bengaluru ranges between ₹39 Lakhs to ₹1.2 Crore with an average annual salary of ₹. Salary estimates are based on 5 Upstox latest salaries received from various employees of Upstox.