Software Engineer V Salary in India

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How much does a Software Engineer V make in India? The average Software Engineer V salary in India is ₹3,755,800 as of March 18, 2021, but the range typically falls between ₹2,718,823 and ₹4,964,040. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) ₹3,755,800 25TH ₹2,718,823 75TH ₹4,964,040

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Skills to Boost a Software Engineer V Salary

Mastering key skills can significantly increase your earning potential as a Software Engineer V. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 3% salary raise, while strong Open Source skills boost pay by a 4%. Even AWS can result in a 3% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Open Source
Open source is a term that originally referred to open source software (OSS). Open source software is code that is designed to be publicly accessible—anyone can see, modify, and distribute the code as they see fit
AWS
Amazon Web Services, Inc. is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis.
More Skills...
Based on recent job listings, in-demand skills in the Software Engineer V field include Analysis (3%), Open Source (4%), AWS (3%), C# (2%), and Docker (2%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis ₹3,868,474
Analysis
₹3,868,474
3%
Open Source ₹3,906,032
Open Source
₹3,906,032
4%
AWS ₹3,868,474
AWS
₹3,868,474
3%
C# ₹3,830,916
C#
₹3,830,916
2%
Docker ₹3,830,916
Docker
₹3,830,916
2%
Analysis
6.83%
Open Source
4.36%
AWS
3.66%
C#
3.24%
Docker
16.24%
Job Openings for Software Engineer V
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About India

India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west;[f] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands shar...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Software Engineer V Pay Difference by Cities

City, Country Compared to national average
City, Country Mumbai, IN Compared to national average
+ 8.4%
City, Country Jaipur, IN Compared to national average
-9.2%
City, Country Kanpur, IN Compared to national average
-6.6%
City, Country Lucknow, IN Compared to national average
-12.4%
City, Country Nagpur, IN Compared to national average
-16.3%
City, Country Indore, IN Compared to national average
-14.5%
Employees with Software Engineer V in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).

Understand the base salary paid range for a Software Engineer V in India

Average Base Salary

Core compensation

2718823
4964040
3755800
The chart shows the base salary for Software Engineer V ranges from ₹2,718,823 to ₹4,964,040 with the average base salary of ₹3,755,800. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Software Engineer V may get paid difference by industry, location, and factors.

Software Engineer V Frequently Asked Questions in India

What is the salary range for a Software Engineer V in India? What is the average hourly rate?

The average salary for a Software Engineer V in India is ₹3,755,800 per year. The salary range for a Software Engineer V is between ₹2,718,823 and ₹4,964,040. While we are seeing hourly wages as high as ₹2,387 and as low as ₹1,307, the majority of Software Engineer Vs are currently paid an average of ₹1,806 in India. The average salary pay range for a Software Engineer V can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Software Engineer V in India can differ based on any or all of these varying factors. March 18, 2021 salary.com )
Why should you negotiate salary for a Software Engineer V role? What are effective negotiation strategies?

Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Software Engineer V position that you can in India. This starting salary of the Software Engineer V position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Software Engineer V position in India, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. March 18, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for a Software Engineer V role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Software Engineer V in the India can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Software Engineer V job in a large city of the India may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the India also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Software Engineer V job is right for you. March 18, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 18, 2021