Highest salary package a software engineer can get in India

Recently, a Quora post asked something that we all secretly wanted to know. How much exactly can a software engineer earn in the country? If we had to calculate, what would be the highest salary of a software engineer in India?

Well, people debated and wrote a lot of answers. Here's what they said:

Praveen Annu, a software architect by profession claimed that it was unlikely that anyone who gets their hands dirty with code in India will earn more than Rs 30-35 lakhs per annum.

He went on to state that product companies, where an engineer is required to write code would be more likely give Rs 30 lakhs per annum, while in service companies, a software engineer can earn anywhere between Rs 15-20 lakhs per annum.

The reason the salaries are kept slightly lower is to maintain the cost of advantage and remain profitable. Then there are inhouse IT-support companies that recruit people to develop, manage and support their own IT systems. These companies pay around Rs 18 lakhs per annum.

However, he also added that it wasn't impossible for software engineers to earn more than that in India.

Proving his last point, Sascha Thattil, a software developer stated that software engineers hired at e-commerce companies like Amazon and Flipkart are guaranteed to get a salary that ranges anywhere between Rs 35-50 lakhs per annum. The same goes, for software engineers hired for Google and Microsoft. In some cases, they are even given a salary higher than Rs 50 lakhs as 'cost-saving' is not a priority for these companies, but getting the right talent is.

Thus, it's a given that the highest salaries will be paid by companies like Google, which will not shy away from paying the same kind of salaries, which they pay in the Silicon Valley, which could be around 3.5 crore per year and more.

The highest average salaries you will find in the E commerce battle sector. The next best bet are hot and well funded startups, which also come with various stock options. For example, in this year's IIT placement season, the highest salary package offered for the profile of a software engineer was a whopping Rs 44 lakh per annum by Uber India.

Source; Techgig