Software Engineer V Salary in Mumbai, IN

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How much does a Software Engineer V make in Mumbai, IN? The average Software Engineer V salary in Mumbai, IN is ₹4,070,316 as of March 18, 2021, but the range typically falls between ₹2,946,501 and ₹5,379,736. 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) ₹4,070,316 25TH ₹2,946,501 75TH ₹5,379,736

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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 ₹4,192,425
Analysis
₹4,192,425
3%
Open Source ₹4,233,128
Open Source
₹4,233,128
4%
AWS ₹4,192,425
AWS
₹4,192,425
3%
C# ₹4,151,722
C#
₹4,151,722
2%
Docker ₹4,151,722
Docker
₹4,151,722
2%
Analysis
6.83%
Open Source
4.36%
AWS
3.66%
C#
3.24%
Docker
16.24%
Job Openings for Software Engineer V in Mumbai, India
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About Mumbai, India

Mumbai is on a narrow peninsula on the southwest of Salsette Island, which lies between the Arabian Sea to the west, Thane Creek to the east and Vasai Creek to the north. Mumbai's suburban district occupies most of the island. Navi Mumbai is east of Thane Creek and Thane is north of Vasai Creek. Mumbai consists of two distinct regions: Mumbai City district and Mumbai Suburban district, which form two separate revenue districts of Maharashtra. The city district region is also commonly referred to as the Island City or South Mumbai. The total area of Mumbai is 603.4 km2 (233 sq mi). Of this, the...
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 Mumbai, IN

Average Base Salary

Core compensation

2946501
5379736
4070316
The chart shows the base salary for Software Engineer V in Mumbai ranges from ₹2,946,501 to ₹5,379,736 with the average base salary of ₹4,070,316. 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

Can I expect to receive a higher salary for the position of Software Engineer V in Mumbai than for the same job in Nagpur in the India?

On average, a Software Engineer V, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Software Engineer V Jobs. Since Mumbai, India is an attractive place to work for many professions, Software Engineer V Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. March 18, 2021 salary.com )
What is the salary range for a Software Engineer V in Mumbai, India? What is the average hourly rate?

The average salary for a Software Engineer V in Mumbai, India is ₹4,070,316 per year. The salary range for a Software Engineer V is between ₹2,946,501 and ₹5,379,736. While we are seeing hourly wages as high as ₹2,586 and as low as ₹1,417, the majority of Software Engineer Vs are currently paid an average of ₹1,957 in Mumbai, 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 Mumbai, India can differ based on any or all of these varying factors. March 18, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Software Engineer V job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Software Engineer V working in Mumbai, India will receive in exchange for their job. Some common items included in the total compensation of a Software Engineer V working in the Mumbai, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Mumbai, India might also offer long-term incentives such as stock options or stock grants for Software Engineer Vs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. March 18, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 18, 2021