Version 1 Principal Software Engineer Salaries by Employees (Updated 2024)

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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
TCS Principal Software Engineer Salary 1 - 15 years exp. (17 salaries)	₹9 L/yr - ₹35.4 L/yr 70% less
Infosys Principal Software Engineer Salary 7 - 18 years exp. (11 salaries)	₹14 L/yr - ₹35 L/yr 60% less
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Wipro Principal Software Engineer Salary 4 - 10 years exp. (5 salaries)	₹16.3 L/yr - ₹27 L/yr 62% less
HCLTech Principal Software Engineer Salary 9 - 18 years exp. (9 salaries)	₹23 L/yr - ₹50 L/yr 41% less
Tech Mahindra Principal Software Engineer Salary 2 - 16 years exp. (7 salaries)	₹15 L/yr - ₹40 L/yr 55% less
LTIMindtree Principal Software Engineer Salary 10 - 21 years exp. (21 salaries)	₹22 L/yr - ₹40 L/yr 50% less
Mphasis Principal Software Engineer Salary 5 - 7 years exp. (5 salaries)	₹18.5 L/yr - ₹20.5 L/yr 73% less
Saama Technologies Principal Software Engineer Salary 5 - 15 years exp. (5 salaries)	₹24 L/yr - ₹30 L/yr 60% less

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

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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.

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.

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.

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.

Dislikes

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

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

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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

Tell us how to improve this page.