Wells Fargo Mainframe Developer Salaries by 5 Employees

4 - 10 years exp.

₹5.5 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

64% more than the average Mainframe Developer Salary in Financial Services Companies for 4 - 10 years of experience

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Last Updated: 17 Sep 2024

Companies similar to Wells Fargo for Mainframe Developer

Company name	Avg Annual Salary	Open Jobs
BNY Mainframe Developer Salary 0 - 8 years exp. (34 salaries)	₹4.6 L/yr - ₹11.6 L/yr 6% less
HSBC Group Mainframe Developer Salary 1 - 8 years exp. (15 salaries)	₹3.8 L/yr - ₹12 L/yr 20% less
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UBS Mainframe Developer Salary 6 - 10 years exp. (9 salaries)	₹9 L/yr - ₹25 L/yr 66% more
JPMorgan Chase & Co. Mainframe Developer Salary 4 - 9 years exp. (8 salaries)	₹6 L/yr - ₹25 L/yr 28% more
Citicorp Mainframe Developer Salary 5 - 11 years exp. (6 salaries)	₹15.8 L/yr - ₹27 L/yr 71% more
Morgan Stanley Mainframe Developer Salary 4 - 8 years exp. (4 salaries)	₹6.4 L/yr - ₹20 L/yr 24% more
Northern Trust Operating Services Mainframe Developer Salary 7 - 8 years exp. (3 salaries)	₹12.5 L/yr - ₹17 L/yr 35% more

Mainframe Developer salary at Wells Fargo ranges between ₹5.5 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Wells Fargo.

Experience wise Wells Fargo Mainframe Developer salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
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6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹15.4 L/yr
7 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹19.7 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
9 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹20 L/yr

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Salary related reviews for Wells Fargo

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 23 Feb 2025

5.0

for Salary and Benefits

Likes

I appreciated the work-life balance and competitive salary at Wells Fargo International Solutions Pvt. Ltd., Hyderabad. However, beyond these aspects, I felt there were areas that could be improved to enhance the overall work environment.

Salary - Excellent

+1 more

Dislikes

One of the major challenges at Wells Fargo International Solutions Pvt. Ltd., Hyderabad, was the work environment. Career growth opportunities were limited, with minimal recognition for contributions. Additionally, team dynamics were not always supportive, and trust issues within the team made collaboration difficult. A more positive and encouraging culture could significantly improve the overall experience.

Skill development - Bad

+4 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 14 Feb 2025

3.0

for Salary and Benefits

Likes

Work life balance and pay is good as per norms.

Dislikes

There is absolutely no job security like in TCS, infosys or even in companies like Accenture, employees have some resistance to lay off. But in company like wells Fargo, there is 0 job security. Employees who joined were put into PIP and removed the same year they joined. Please do not join wells if you looking for job security. They will intentionally put resources in bad rating.

Skill development - Poor

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Good Salary

Salary - Good

Dislikes

No Job security,They hire people and once job done they start targeting people and pressuriz to resign or they put you on PIP and they will make sure you not succeed after that they will fire you

Skill development - Poor

+3 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

Good Work life balance with very good Salary.

Salary - Good

+1 more

Dislikes

Tech stack is very old. Politics at high level. Learning is very poor. Now a days cost cutting in all area. It was very good company few years back but it no more.

Skill development - Bad

+2 more

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 31 Jul 2024

3.0

for Salary and Benefits

Likes

Except for the salary nothing i liked here, . people here too outdated and takes lot of time to do work and it's developer responsibility to make them work

Dislikes

Long working hours people don't know what to do but still ask us to deliver things My manager calles 7 o clock in the not ask us to finish the things by EOD And he puts calls in the early morning 9 o clock.. Instead of 9 hours we are working for 24 hours I guess My health got spoiled and due to calls I was not able to eat properly and lost 5 kgs in a month's span and got dizziness and felt sick. If your getting interviewed and your manager name is Bhaskar please look for other job immediately my sincere request Don't say I can handle and come ... Later cry over things I am looking for new opportunity since only 9 months in the company not getting opportunities Do t stuck like me

Skill development - Poor

+3 more

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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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Wells Fargo Mainframe Developer Salary FAQs

What is the salary of Mainframe Developer at Wells Fargo ?

The average salary of a Mainframe Developer at Wells Fargo in India typically ranges from ₹5.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Mainframe Developer at Wells Fargo earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Mainframe Developer Salaries at Wells Fargo 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 Wells Fargo employees in India.

What is the estimated take home salary of a Mainframe Developer at Wells Fargo in India?

The estimated take-home salary of a Mainframe Developer at Wells Fargo in India typically ranges from ₹80,095 to ₹82,181 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 Wells Fargo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Wells Fargo for Mainframe Developer in India?

Citicorp	₹15.8 Lakhs to ₹27.0 Lakhs per year
UBS	₹9.0 Lakhs to ₹25.0 Lakhs per year
Northern Trust Operating Services	₹12.5 Lakhs to ₹17.0 Lakhs per year
JPMorgan Chase & Co.	₹6.0 Lakhs to ₹25.0 Lakhs per year
Morgan Stanley	₹6.4 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Mainframe Developer in companies similar to Wells Fargo in India?

The salary of a Mainframe Developer at companies similar to Wells Fargo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY	₹4.6 Lakhs to ₹11.6 Lakhs per year
HSBC Group	₹3.8 Lakhs to ₹12.0 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 Mainframe Developer at Wells Fargo in India?

The salary growth for a Mainframe Developer at Wells Fargo depends on factors such as experience, performance, and promotions. On average, a Mainframe Developer can expect the following growth trajectory at Wells Fargo:

Experience	Average Salary Range
4 years	₹5.5 Lakhs to ₹5.5 Lakhs per year
5 years	₹2.4 Lakhs to ₹7.0 Lakhs per year
6 years	₹7.7 Lakhs to ₹15.4 Lakhs per year
7 years	₹7.7 Lakhs to ₹19.7 Lakhs per year

and so on.

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Wells Fargo Mainframe Developer Salaries

Wells Fargo Mainframe Developer salary in India ranges between ₹5.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Wells Fargo latest salaries received from various employees of Wells Fargo.