Version 1 Principal Software Engineer Salaries by Employees

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₹62.7 Lakhs - ₹69.3 Lakhs

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Last Updated: 7 Sep 2024

Companies similar to Version 1 for Principal Software Engineer

Company name	Avg Annual Salary	Open Jobs
Cubic Transportation Systems Principal Software Engineer Salary 8 - 17 years exp. (45 salaries)	₹17 L/yr - ₹32 L/yr 62% less
Mindbody Principal Software Engineer Salary 6 - 13 years exp. (29 salaries)	₹21.5 L/yr - ₹43.8 L/yr 51% less
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Saama Technologies Principal Software Engineer Salary 8 - 16 years exp. (6 salaries)	₹19 L/yr - ₹30 L/yr 66% less
Oracle Principal Software Engineer Salary 8 - 18 years exp. (972 salaries)	₹16 L/yr - ₹55 L/yr 48% less	8 job openings
Dell Principal Software Engineer Salary 8 - 17 years exp. (958 salaries)	₹15 L/yr - ₹53.5 L/yr 50% less	18 job openings

Principal Software Engineer salary at Version 1 ranges between ₹62.7 Lakhs to ₹69.3 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Version 1.

Similar Designation salaries in Version 1

Senior Software Engineer Salary

(5 salaries)

₹12 L/yr - ₹23 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Software Engineer Salary

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₹4.5 L/yr - ₹12.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Senior Software Developer Salary

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₹18 L/yr - ₹31 L/yr

Lead Engineer Salary

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₹32.9 L/yr - ₹42 L/yr

Software Developer Salary

(12 salaries)

₹10 L/yr - ₹27.69 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹23.9 L/yr - ₹30.5 L/yr

Technical Lead Salary

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₹32 L/yr - ₹36.55 L/yr

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₹7.02 L/yr - ₹33 L/yr

Salary related reviews for Version 1

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Feb 2024

3.0

for Salary and Benefits

Likes

I received good jump in my salary initially.

Work-life balance - Good

Dislikes

...egrity but you will not get to see that in higher management, no transparency. No clear Salary hike policy - you will not get any annual salary hikes after couple of years, best part is they will tell you that until you keep asking for months. HR’s are also dependent on Portfolio Managers decisions - end of the day its all company profits. Worst Performance Review system - Absolutely No Numbers! Only based on some English explanations from your manager your quarterly ratings will be given you will be easily rated unfairly as there are No clear Metrics, KPI’s, Numbers or performance graphs which can be measurable and trusted. So Bottomline Management can decide till when they need your service and if they feel they have extracted enough from you they write anything in their quarterly reviews and rate you down, lower your confidence and demotivate you so you will eventually put down papers.

Skill development - Poor

+4 more

Oracle SCM Functional Consultant in Bangalore / Bengaluru

Consulting Department

5.0

• posted on 07 Sep 2022

5.0

for Salary and Benefits

Likes

... will look for is "Recognition". Version1 is great to recognize your good works. You will have a wide work-life balance with a good salary and other benefits.

Salary - Excellent

+6 more

Dislikes

There is nothing

Senior Java Develolper in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Great company to work for, good leave policy , over all good work life balance and permanent work from home. Good projects to work on with latest technologies.

Skill development - Excellent

+5 more

Dislikes

Nothing much. They do not have a competitive salary structure.

Salary - Poor

Business Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Feb 2023

4.0

for Salary and Benefits

Likes

Interview process Quarterly bonuses Work culture depends on leads and manager

Salary - Good

Dislikes

Lots of micromanagement in some teams To much status reporting to leads and managers Weekly feedback from clients No autonomy

Skill development - Bad

+3 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Version 1 Principal Software Engineer Salary FAQs

How the salary growth look like for a Principal Software Engineer at Version 1 in India?

The salary growth for a Principal Software Engineer at Version 1 depends on factors such as experience, performance, and promotions. On average, a Principal Software Engineer can expect the following growth trajectory at Version 1:

Experience	Average Salary Range
11 years	₹62.7 Lakhs to ₹69.3 Lakhs per year

and so on.

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Version 1 Principal Software Engineer Salaries

Version 1 Principal Software Engineer salary in India ranges between ₹62.7 Lakhs to ₹69.3 Lakhs. This is an estimate based on latest salaries received from employees of Version 1.

Version 1 Principal Software Engineer salaries in India

Companies similar to Version 1 for Principal Software Engineer

Similar Designation salaries in Version 1

Salary related reviews for Version 1

Team Lead in Bangalore / Bengaluru

Oracle SCM Functional Consultant in Bangalore / Bengaluru

Senior Java Develolper in Bangalore / Bengaluru

Business Analyst in Bangalore / Bengaluru

Version 1 Principal Software Engineer Salary FAQs

Tell us how to improve this page.