Home / Salary 2023 / Software Engineer Salary [India] | Bonus/Profit Sharing | Pay Scale 2024

Software Engineer Salary [India] | Bonus/Profit Sharing | Pay Scale 2024

Software Engineer Salary

The demand for Software engineers is at a high peak from all types of companies. If you have decided on your career as a Software engineer then you are going well because you will be surprised to know how good salary packages software engineers are paid along with bonuses, profits, perks and other facilities. Check Software Engineer salary in India 2024 according to top leading IT companies.

Aspirants, who are going to apply for Software Engineer Jobs, must go through the Bonus/Profit Sharing/Per Month Pay Scale of Software Engineer in India on the below page which was created by the team members of www.recruitmentinboxx.com.

Software Engineer Salary

Software Engineer In Hand Salary:

The typical Salary of Software Engineer in India is Rs. 4 Lakh to 5 Lakh per year. An expertise in Linux is connected with High Pay For This Job. After completing their ten years in this post, most of the people will move on to the other designations.

Average Salary of Software Engineer In India

From below table, you can easily get updated IIT Software Engineer Salary, TCS Software Engineer Salary, Amazon Software Engineer Salary, Google Software Engineer Salary and other company’s salary structure.

Company NameSalary (per year)
HCL Technologies4,50,000
Tata Consultancy Services4,00,000
Tech Mahindra4,22,500
3dplm Software Solution5,55,449
Capgemini Engineering4,00,000
Cybage Software6,50,000
DXC Technology7,20,000
Virtusa Consulting Services7,20,000

What is the Salary of Software Engineer in USA

According to the U.S. Bureau of Labor Statistics, the Software Engineer Salary In USA was $93,000. Now, the Average Salary of Software Engineer in USA is $102,160 that is higher than most other occupations on our technology jobs list.

For example, a software developer made thousands more than computer systems analysts, who earned an average salary of $90,180 and computer programmers, who made $84,360.

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Salary For Software Engineer

Here we’re providing you some common list of roles and jobs for Software Engineers, and some names are as indicated below:

  • Build Engineers
  • Release Engineers
  • Software Developers
  • Software Configuration Management Engineers
  • Project Management

For the above positions, Salary of Software Engineer in India per Month is varying like a Sr. Software Engineer / Developer / Programmer receives a common pay scale of Rs 10 lakh per year.

Experience candidates can powerfully influence profits for this position and some people go on to other posts if they have more than efficient experience in this field. The uppermost paying skills associated with this job are Linux, C++, C, and Java/J2EE.

Computer Course Which Are In High Demand: Check 5 Best Computer Courses To Get Job

<u>Factors affecting Software Engineer Salary in India

Salary offered to a software engineer depends on lot of factors:

  • Work location– Metro locations get higher pay compared to Tier II cities
  • Skill set– niche and cutting edge skills are paid more and relatively common skills are paid less. It is merely a case of supply-demand at play.
  • Type of employer– Product companies and in-house IT staff are paid more compared to people in the IT service industry. TCS, Infosys, L&T are more of a services company and generally pay less than product companies or startups.
  • Size of employer– Reputed service companies can afford to pay less as people seek the brand name for their resume. Not all reputed companies pay less, though. Mid-size companies pay depending on how critical the position is – they might not have access to a large talent pool.
  • Relevant experience– although a person has 9 years of experience, some of that experience might not be relevant to the position applied for. So, that factor needs to be considered.

Why is there a huge difference in salary?

The difference in salary comes from the kind of companies you work for. Service-based companies tend to pay lower salary compared to product-based companies. So if you want to earn a good salary, the first thing you should do is to make sure that you go for a product-based company.

That said, it’s not easy to get into a product-based company. The above product-based companies are extremely demanding when it comes to skills. You need to have strong programming skills and above average problem solving ability.

Last Words:

We hope that above stated details of Software Engineer Salary [India] 2024 will be beneficial for you. If you still have any query or doubts related to this post then you can type your comment in below comment box. Our experts will soon solve your queries.

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