Average Algorithm Developer Salary in India for 2024

In this article, we will look at the average Algorithm Developer salary for 2024 in India and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol โ‚น.

How Much Does an Algorithm Developer Make in India?

An Algorithm Developer working in India will typically earn around 485,300 INR per year, and this can range from the lowest average salary of about 258,400 INR to the highest average salary of 735,200 INR.

Average Annual Salary
485,300 INR
Average Monthly Salary
40,441 INR

Lowest Annual Salary
258,400 INR
Lowest Monthly Salary
21,533 INR

Highest Annual Salary
735,200 INR
Highest Monthly Salary
61,266 INR

These are average salaries for an Algorithm Developer in India and include benefits such as housing and transport. It's also possible for an Algorithm Developer to earn more or less than the average salaries shown above.

Algorithm Developer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Algorithm Developer Salaries in India

So we've looked at the average salaries an Algorithm Developer will earn in India. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Algorithm Developer can earn between 258,400 INR and 735,200 INR on average in India. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Algorithm Developer in India is 454,900 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 454,900 INR, and 50% of the population earn more than 454,900 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Algorithm Developer salary in India, 25% of the population are earning less than 319,600 INR while 75% of the population earn more than 319,600 INR.

75% of the population earn less than 559,000 INR, and 25% of the population earn more than 559,000 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Algorithm Developer Salary by Experience Level in India

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average algorithm developer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Algorithm Developer in India that has less than two years of experience can expect to earn somewhere in the region of 294,700 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Algorithm Developer salary would increase to 361,500 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Algorithm Developer, the average salary would be 514,300 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 598,600 INR.
  • 15 - 20 Years Experience. An Algorithm Developer with 15 to 20 years of experience can earn an average of 659,200 INR.
  • 20+ Years Experience. For an Algorithm Developer with more than 20 years, the expected average salary increases to 699,700 INR.

Average Salary by Experience Chart

0-2 Years
294,700 INR
2-5 Years +23%
361,500 INR
5-10 Years +42%
514,300 INR
10-15 Years +17%
598,600 INR
15-20 Years +10%
659,200 INR
20+ Years +6%
699,700 INR

Algorithm Developer Salary by Education Level in India

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Algorithm Developer in India based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Algorithm Developer in India with a bachelor's degree education can earn an average salary of 325,800 INR.

  • Master's Degree. An Algorithm Developer in India with a master's degree education can earn an average salary of 514,800 INR.

  • PhD. An Algorithm Developer in India with a phd education can earn an average salary of 670,600 INR.

Average Salary by Education Chart

Bachelor's Degree
325,800 INR
Master's Degree +59%
514,800 INR
PhD +30%
670,600 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Algorithm Developer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In India, a male algorithm developer will earn an average of 510,300 INR, while a female algorithm developer will earn around 445,100 INR.

This means that a male algorithm developer earns approximately 15% more than a female algorithm developer for performing the same job.

Average Salary by Gender Chart in India

Male
510,300 INR
Female -15%
445,100 INR

Algorithm Developer Average Pay Raise in India

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Algorithm Developer in India is around 12% every 16 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 16 ) × 12  = 9%

What this means is that an Algorithm Developer in India can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in India for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Algorithm Developer Bonus and Incentive Rates in India

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Algorithm Developer is a moderate bonus based job, with 53% of employees reporting at least one bonus in the last 12 months.

47% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
53%
No Bonus
47%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector
392,300 INR
Private Sector -6%
371,100 INR

Salaries for Jobs Similar to an Algorithm Developer

In the table below, we have salary information for jobs that are similar to an Algorithm Developer in India.

Job Title Category Salary
3D Lab Technologist Science and Technical Services 362,200 INR
Analytical Chemist Science and Technical Services 701,400 INR
Anthropologist Science and Technical Services 529,600 INR
Archeologist Science and Technical Services 467,100 INR
Assistant Breeder Science and Technical Services 240,500 INR
Astronomer Science and Technical Services 846,500 INR
Atmospheric and Space Scientist Science and Technical Services 694,700 INR
Behavior Analyst Science and Technical Services 471,700 INR
Behavior Intervention Specialist Science and Technical Services 519,300 INR
Behavior Specialist Science and Technical Services 480,300 INR
Biochemist Science and Technical Services 782,500 INR
Biofuels Processing Technician Science and Technical Services 314,500 INR
Biofuels Production Manager Science and Technical Services 555,800 INR
Biologist Science and Technical Services 798,900 INR
Biomedical Laboratory Officer Science and Technical Services 314,500 INR
Biomedical Scientist Science and Technical Services 816,900 INR
Biophysicist Science and Technical Services 794,900 INR
Chemical Engineer Science and Technical Services 376,800 INR
Chemical Technologist Science and Technical Services 357,300 INR
Chemist Science and Technical Services 748,600 INR
Chief Technologist Science and Technical Services 684,900 INR
Climate Change Analyst Science and Technical Services 514,300 INR
Clinical Laboratory Scientist Science and Technical Services 810,200 INR
Computer Scientist Science and Technical Services 608,500 INR
Conservation Scientist Science and Technical Services 649,700 INR
Data Science Specialist Science and Technical Services 493,000 INR
Data Scientist Science and Technical Services 608,500 INR
DNA Analyst Science and Technical Services 798,900 INR
Ecologist Science and Technical Services 597,800 INR
Economic Development Specialist Science and Technical Services 605,700 INR
Flavourist Science and Technical Services 263,100 INR
Food Scientist Science and Technical Services 514,300 INR
Forensic Scientist Science and Technical Services 643,800 INR
Formulation Technologist Science and Technical Services 309,800 INR
Fraud Investigator Science and Technical Services 381,800 INR
Genomics Scientist Science and Technical Services 798,900 INR
Geographer Science and Technical Services 428,400 INR
Geographic Information Systems Technician Science and Technical Services 275,200 INR
Geological Data Technician Science and Technical Services 272,800 INR
Geological Technician Science and Technical Services 332,500 INR
Geologist Science and Technical Services 660,500 INR
Geomatics Scientist Science and Technical Services 641,900 INR
Geophysical Data Technician Science and Technical Services 258,400 INR
Geospatial Information Scientist and Technologist Science and Technical Services 596,100 INR
Global Technical Lead Science and Technical Services 825,900 INR
Hydrologist Science and Technical Services 524,700 INR
Industrial Ecologist Science and Technical Services 547,800 INR
Intelligence Analyst Science and Technical Services 472,000 INR
Knowledge Management Specialist Science and Technical Services 394,300 INR
Lab Analyst Science and Technical Services 351,900 INR
Lab Manager Science and Technical Services 555,800 INR
Lab Technician Science and Technical Services 239,000 INR
Laboratory Manager Science and Technical Services 555,800 INR
Laboratory Researcher Science and Technical Services 369,300 INR
Laboratory Technician Science and Technical Services 239,000 INR
Life Sciences Analyst Science and Technical Services 537,300 INR
Life Scientist Science and Technical Services 619,800 INR
Marine Architect Science and Technical Services 496,100 INR
Marine Biologist Science and Technical Services 568,500 INR
Marine Superintendent Science and Technical Services 332,500 INR
Materials Analyst Science and Technical Services 341,400 INR
Materials Scientist Science and Technical Services 592,200 INR
Mathematician Science and Technical Services 628,000 INR
Medical Scientist Science and Technical Services 832,000 INR
Metallurgist Science and Technical Services 568,500 INR
Meteorologist Science and Technical Services 568,500 INR
Microbiologist Science and Technical Services 839,500 INR
Natural Language Processing Researcher Science and Technical Services 502,200 INR
Natural Resource Specialist Science and Technical Services 454,900 INR
Natural Resources Analyst Science and Technical Services 493,000 INR
Natural Sciences Manager Science and Technical Services 765,100 INR
Nuclear Engineer Science and Technical Services 854,300 INR
Physical Scientist Science and Technical Services 643,800 INR
Physicist Science and Technical Services 782,500 INR
Political Scientist Science and Technical Services 615,700 INR
Polygraph Examiner Science and Technical Services 216,800 INR
Polysomnographic Technologist Science and Technical Services 369,300 INR
Product Development Scientist Science and Technical Services 649,700 INR
Quantitative Research Analyst Science and Technical Services 539,800 INR
Quantitative Researcher Science and Technical Services 539,800 INR
Radiation Protection Specialist Science and Technical Services 433,800 INR
Refrigeration Technician Science and Technical Services 185,100 INR
Research Scientist Science and Technical Services 568,500 INR
Risk Safety Engineer Science and Technical Services 357,300 INR
Scientific Photographer Science and Technical Services 351,900 INR
Scientific Programmer Science and Technical Services 498,000 INR
Scientist Science and Technical Services 568,500 INR
Service Engineer Science and Technical Services 357,300 INR
Service Technician Science and Technical Services 239,000 INR
Social Science Research Assistant Science and Technical Services 332,500 INR
Social Scientist Science and Technical Services 615,700 INR
Sociologist Science and Technical Services 592,200 INR
Soil Scientist Science and Technical Services 498,000 INR
Statistical Analyst Science and Technical Services 351,900 INR
Statistical Assistant Science and Technical Services 258,400 INR
Statistician Science and Technical Services 553,800 INR
Survey Analyst Science and Technical Services 341,400 INR
Survey Researcher Science and Technical Services 318,800 INR
Surveying and Mapping Technician Science and Technical Services 216,800 INR
Team Leader Science and Technical Services 496,100 INR
Technical Manager Science and Technical Services 553,800 INR
Technical Officer Science and Technical Services 245,300 INR
Technical Service Director Science and Technical Services 728,500 INR
Technical Services Regulatory Affairs Specialist Science and Technical Services 357,300 INR
Technical Services Research and Development Manager Science and Technical Services 840,100 INR
Technical Services Research Associate Science and Technical Services 394,300 INR
Technical Services Research Coordinator Science and Technical Services 407,300 INR
Technician Science and Technical Services 227,600 INR
Water Ecologist Science and Technical Services 679,200 INR
Wildlife Biologist Science and Technical Services 558,300 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
agra 431,300 INR
Ahmadabad 545,300 INR
Bangalore 545,300 INR
Bhopal 492,700 INR
Chennai 559,000 INR
Coimbatore 483,400 INR
Delhi 580,600 INR
Ghaziabad 492,400 INR
Hyderabad 528,600 INR
Indore 514,300 INR
Jaipur 528,500 INR
Kanpur 514,800 INR
Kolkata 516,100 INR
Lucknow 504,500 INR
Ludhiana 483,800 INR
Madurai 437,900 INR
Mumbai 555,800 INR
Nagpur 514,800 INR
Patna 476,600 INR
Pimpri-Chinchwad 492,400 INR
Pune 500,100 INR
Surat 516,100 INR
Vadodara 430,500 INR
Visakhapatnam 462,300 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

City Average Salary
Andaman & Nicobar Islands 431,300 INR
Andhra Pradesh 541,700 INR
Arunachal Pradesh 442,300 INR
Assam 544,800 INR
Bihar 590,200 INR
Chandigarh 426,700 INR
Chhatisgarh 538,600 INR
Dadra & Nagar Haveli 437,300 INR
Daman & Diu 413,900 INR
Delhi 480,600 INR
Goa 467,100 INR
Gujarat 552,400 INR
Haryana 492,400 INR
Himachal Pradesh 504,500 INR
Jammu & Kashmir 501,400 INR
Jharkhand 528,500 INR
Karnataka 531,700 INR
Kerala 545,300 INR
Lakshadweep 414,000 INR
Madhya Pradesh 553,400 INR
Maharashtra 605,700 INR
Manipur 480,600 INR
Meghalaya 462,300 INR
Mizoram 424,300 INR
Nagaland 478,100 INR
Orissa 539,800 INR
Pondicherry 433,400 INR
Punjab 538,600 INR
Rajasthan 572,200 INR
Sikkim 424,900 INR
Tamil Nadu 533,000 INR
Tripura 491,000 INR
Uttar Pradesh 572,200 INR
Uttaranchal 487,600 INR
West Bengal 596,800 INR

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