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PhonePe Salaries

PhonePe's salary ranges from $5,737 in total compensation per year for a Controls Engineer at the low-end to $132,265 for a Software Engineering Manager at the high-end. Levels.fyi collects anonymous and verified salaries from current and former employees of PhonePe. Last updated: 2/24/2026

+$58K
+$89K
+$20K
+$35K
+$22K
Don't get lowballed
Software Engineer
Software Engineer 1 $31.1K
Software Engineer 2 $55.1K
Senior Software Engineer $86.9K

Backend Software Engineer

Full-Stack Software Engineer

Quality Assurance (QA) Software Engineer

Site Reliability Engineer

Product Manager
Product Manager 2 $54.6K
Senior Product Manager $69.6K
Data Scientist
Median $45.1K
Product Designer
Median $28.6K

UX Designer

Business Analyst
Median $15.6K
Software Engineering Manager
Median $132K
Accountant
$19.9K
Controls Engineer
$5.7K
Copywriter
$11.1K
Data Analyst
$14.1K
Marketing Operations
$9.6K
Product Design Manager
$71.8K
Sales
$6.4K
Technical Program Manager
$28.8K
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Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
Options

At PhonePe, Options are subject to a 4-year vesting schedule:

  • 25% vests in the 1st-YR (25.00% annually)

  • 25% vests in the 2nd-YR (2.08% monthly)

  • 25% vests in the 3rd-YR (2.08% monthly)

  • 25% vests in the 4th-YR (2.08% monthly)

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FAQ

The highest paying role reported at PhonePe is Software Engineering Manager with a yearly total compensation of $132,265. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at PhonePe is $28,762.
To negotiate a higher offer at PhonePe, research their compensation bands, understand the total package including stock and bonuses, and come prepared with market data. <a href="/services/?ref=faq_company" target="_blank">Our professional negotiation services</a> can help you navigate the process and have helped candidates secure significantly higher compensation.

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