Velox Switch Gears Software Engineer Salaries by 3 Employees

2 - 3 years exp.

₹16 Lakhs - ₹22 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

135% more than the average Software Engineer Salary in IT Services & Consulting Companies for 2 - 3 years of experience

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Last Updated: 22 Sep 2023

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Software Engineer salary at Velox Switch Gears ranges between ₹16 Lakhs to ₹22 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Velox Switch Gears.

Experience wise Velox Switch Gears Software Engineer salaries

Last Updated: 22 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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3 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Velox Switch Gears

Project Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Velox Switch Gears

1.0

Rated by 1 employees for salary & benefits

Electrical Enigneer

Engineering - Software & QA Department

4.0

• posted on 23 Feb 2018

3.0

for Salary and Benefits

Likes

Velox switch gears is manufacturer and exporter of miniature circuit breaker,distribution boxes, elcb,energy Meter,PVC tape,PVC wire and cables,led and many electrical accessories. For a long period I am associated with this company because I have learnt huge experience in this company from our Senior and Junior staff in a friendly atmosphere. In this company every staff has independence to share his/her valuable opinion and knowledge in R&D to improve the quality of any product.Here our teammates are very helpful.Company also take care of every individual staff and provides facility's for more talented and hard Worked employees. Our company's manufacturing unit is udyog kendra ext 1,greater noida.

Skill development - Good

+5 more

Dislikes

In this company the work pressure is very high.many times I have to work for 12 to 14 hours in a day but it is not a huge factor .main things here that growth is slow.

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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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Velox Switch Gears Software Engineer Salary FAQs

How the salary growth look like for a Software Engineer at Velox Switch Gears in India?

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

Experience	Average Salary Range
2 years	₹19.8 Lakhs to ₹25.3 Lakhs per year
3 years	₹14.4 Lakhs to ₹18.4 Lakhs per year

and so on.

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Velox Switch Gears Software Engineer Salaries

Velox Switch Gears Software Engineer salary in India ranges between ₹16 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Velox Switch Gears latest salaries received from various employees of Velox Switch Gears.