Wells Fargo Software Engineer Level 1 Salaries by 5 Employees

0 - 2 years exp.

₹18 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹19.1 Lakhs

Variable (12%)

₹2.6 Lakhs

119% more than the average Software Engineer Level 1 Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 28 Dec 2024

Companies similar to Wells Fargo for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Level 1 Salary 1 - 5 years exp. (55 salaries)	₹12 L/yr - ₹22 L/yr 19% less	1 job opening
FactSet Software Engineer Level 1 Salary 0 - 2 years exp. (36 salaries)	₹8.9 L/yr - ₹12.8 L/yr 51% less
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American Express Software Engineer Level 1 Salary 5 - 10 years exp. (17 salaries)	₹15.8 L/yr - ₹42 L/yr 54% more
Morgan Stanley Software Engineer Level 1 Salary 0 - 4 years exp. (4 salaries)	₹12 L/yr - ₹28 L/yr 8% less
HSBC Group Software Engineer Level 1 Salary 1 - 2 years exp. (4 salaries)	₹9.6 L/yr - ₹17.5 L/yr 42% less

Software Engineer Level 1 salary at Wells Fargo ranges between ₹18 Lakhs to ₹24 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Wells Fargo.

Experience wise Wells Fargo Software Engineer Level 1 salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9.5 L/yr - ₹24 L/yr
1 year (AmbitionBox Estimate)	₹18.6 L/yr - ₹39.1 L/yr
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2 years (AmbitionBox Estimate)	₹18 L/yr - ₹21.5 L/yr

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Salary related reviews for Wells Fargo

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Full Time

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Work life balance. Yearly Increment was good, double digit almost every year.

Salary - Excellent

+3 more

Dislikes

...ployees technology proficiency. No onsite opportunities. Growth will be minimum. No Bonus.

Skill development - Poor

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Lead Software Engineer in Hyderabad / Secunderabad

Full Time

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• posted on 03 Jul 2024

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Likes

Work life balance is there because most of the time code freezes Pay is decent.

Work-life balance - Good

Dislikes

Removed perks like internet and car lease Internal politics , if we raise any. Concerns to manager they start targeting you and no chance to learn new technologies , people who are in technical roles are being promoted to manager roles and they lack people management skills and they focus only on their self promotion. There is no guidance for team. Team who works hard doesn’t get any recognition. Reward for good work is they get more work. Hike and promotion is in mangers hand so if they target you forget about hike and promotion. There is no transparency in appraisal . Favouritism is clearly visible.

Salary - Poor

+5 more

Lead Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 08 Jan 2023

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Excellent culture and work life balance. Pay is topnotch in industry. You can define your work and time.

Salary - Excellent

+5 more

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Changing tech and team is bit difficult. Salary is less for long term employees than lateral joinees. Indian managers come with lot of stupid ideas other than work, and nobody cares about it US side.

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• posted on 05 Sep 2022

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Nothing much. Pay is huge for lateral compare to long term employees. Also huge disparity in pay among same designated employees based on managers discretion.

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Wells Fargo Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Wells Fargo ?

The average salary of a Software Engineer Level 1 at Wells Fargo in India typically ranges from ₹18.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Software Engineer Level 1 at Wells Fargo earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Software Engineer Level 1 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 Software Engineer Level 1 at Wells Fargo in India?

The estimated take-home salary of a Software Engineer Level 1 at Wells Fargo in India typically ranges from ₹1,40,854 to ₹1,46,087 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Software Engineer Level 1 in India?

American Express

₹15.8 Lakhs to ₹42.0 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 Software Engineer Level 1 in companies similar to Wells Fargo in India?

The salary of a Software Engineer Level 1 at companies similar to Wells Fargo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley	₹12.0 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹12.0 Lakhs to ₹22.0 Lakhs per year
HSBC Group	₹9.6 Lakhs to ₹17.5 Lakhs per year
FactSet	₹8.9 Lakhs to ₹12.8 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 Software Engineer Level 1 at Wells Fargo in India?

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

Experience	Average Salary Range
Fresher	₹9.5 Lakhs to ₹24.0 Lakhs per year
1 year	₹18.6 Lakhs to ₹39.1 Lakhs per year
2 years	₹18.0 Lakhs to ₹21.5 Lakhs per year

and so on.

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Wells Fargo Software Engineer Level 1 Salaries

Wells Fargo Software Engineer Level 1 salary in India ranges between ₹18 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Wells Fargo latest salaries received from various employees of Wells Fargo.