Magneto IT Solutions Senior Software Engineer Salaries by 2 Employees (Updated 2025)

4 - 8 years exp.

₹11.7 Lakhs - ₹14.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 24 Mar 2025

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Similar Designation salaries in Magneto IT Solutions

Software Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Software Developer Salary

(15 salaries)

₹3.5 L/yr - ₹4.92 L/yr

Web Developer Salary

(4 salaries)

₹3 L/yr - ₹4.55 L/yr

Technical Lead Salary

(3 salaries)

₹10 L/yr - ₹22 L/yr

Java Developer Salary

(13 salaries)

₹4.5 L/yr - ₹4.95 L/yr

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a business intelligence analyst

Thrown out of the office

I recently resigned from my current company after working there for over 3 years. They countered with a 70% hike, which was quite generous, but I had already received better offers with over a 100% hike, so I respectfully declined. Unfortunately, that didn’t go down well. They asked me to leave the same day I submitted my resignation, confiscated my laptop and revoked email access immediately. I wasn’t even given a chance to say goodbye to anyone—it all happened so abruptly, it was genuinely shocking. Now, even though I’m no longer working or contributing, they still expect me to serve the full 60-day notice. I’m trying to negotiate that, because otherwise I’ll just be sitting at home for the next 30 days without work or pay. It’s been a lot to process. I can’t help but wonder—does this happen to others too, or is it just me? Feeling pretty messed up right now.

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Salary related reviews for Magneto IT Solutions

Senior Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

There is nothing to like here.

Dislikes

If you are fresher just don't join here. They pay less no job security at all. Their HR takes WFH whenever she needs but denies WFH to people in need. They don't even a proper internet connection. Look for something else instead of this company.

Salary - Bad

+6 more

Software Developer in Pune

Engineering - Software & QA Department

1.0

• posted on 20 Dec 2021

1.0

for Salary and Benefits

Likes

Salary on time. Final option for fresher but avoid if possible

Dislikes

Unprofessional management. Low salary. No benefits. Very long working hours. Sometimes working on weekend also. No job security, they will fire you because manager don't like you even if your performance is good

Salary - Bad

+6 more

Associate in Pune

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 06 Mar 2024

2.0

for Salary and Benefits

Likes

You can learn some basic things, nothing else.

Dislikes

...operative, you can't trust anyone. A lot of politics happens on the floor. The Management is always behind cutting the salary of employees. Salary is not justified with the work. Regarding the policy they actually have employer centric p If you want appraisal you have to sign a bond again, and this policy they will only disclose at the time of your appraisal. So I think you are getting how they trap people 😅 So if you want to sacrifice your mental peace, family life, and health. Please join this company your wish will be definitely full filled.

Salary - Poor

+5 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

5.0

• posted on 19 Apr 2024

5.0

for Salary and Benefits

Likes

Working with such excellent company has been an unforgeable experience. There were helpful co-workers who helped me while I was having trouble. Working with amazing team was another wonderful experience.

Salary - Excellent

+6 more

Dislikes

I haven't had any problem as I mentioned I worked with great team

IT Technical Recruiter in Pune

Full Time

Human Resources Department

4.0

• posted on 06 Mar 2025

4.0

for Salary and Benefits

Likes

I have been working with this company for the last 2 Years as an IT Technical Recruiter. It has been a good work culture and a supportive team. Regarding skills development, I have learned a lot from the company.

Salary - Good

+6 more

Dislikes

No as of now

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Magneto IT Solutions Senior Software Engineer Salary FAQs

How the salary growth look like for a Senior Software Engineer at Magneto IT Solutions in India?

The salary growth for a Senior Software Engineer at Magneto IT Solutions depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at Magneto IT Solutions:

Experience	Average Salary Range
4 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
8 years	₹9.9 Lakhs to ₹12.6 Lakhs per year

and so on.

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Magneto IT Solutions Senior Software Engineer Salaries

Magneto IT Solutions Senior Software Engineer salary in India ranges between ₹11.7 Lakhs to ₹14.9 Lakhs. This is an estimate based on latest salaries received from employees of Magneto IT Solutions.