Altair Engineering Lead Engineer Salaries by 5 Employees

12 - 17 years exp.

₹15 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

At par with the average Lead Engineer Salary in IT Services & Consulting Companies for 12 - 17 years of experience

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Last Updated: 16 Oct 2024

Companies similar to Altair Engineering for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
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Dassault Systemes Lead Engineer Salary 11 - 13 years exp. (5 salaries)	₹16.5 L/yr - ₹20 L/yr 21% more
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Ansys Software Private Limited Lead Engineer Salary 10 - 16 years exp. (6 salaries)	₹27 L/yr - ₹45 L/yr 114% more
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Solugenix India Private Limited Lead Engineer Salary 9 - 10 years exp. (6 salaries)	₹17.5 L/yr - ₹31 L/yr 46% more
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Credera Lead Engineer Salary 10 - 11 years exp. (3 salaries)	₹27 L/yr - ₹34.5 L/yr 91% more

Lead Engineer salary at Altair Engineering ranges between ₹15 Lakhs to ₹16 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Altair Engineering.

Experience wise Altair Engineering Lead Engineer salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.5 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
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14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹16 L/yr
15+ years (3 salaries)	₹6.4 L/yr - ₹16 L/yr

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Salary related reviews for Altair Engineering

Solution Engineer Pune in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 15 Mar 2024

5.0

for Salary and Benefits

Likes

Good company, salary and people

Salary - Excellent

+6 more

Dislikes

Pune Office is not good, customers coming for training laugh at office infrastructure and location. Office location and infra should be improved, it gives very bad impression

HyperWorks Specialist in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 05 May 2023

2.0

for Salary and Benefits

Likes

Depends on the team you are in, but in general it's an average company. Salary and hikes are not good. No much work pressure, relaxed environment. But growth is nil or very slow pace

Work-life balance - Good

Dislikes

Salary and career growth.

Salary - Poor

+5 more

Senior Quality Assurance Engineer 1 in Bangalore / Bengaluru

Full Time

Content, Editorial & Journalism Department

4.0

• posted on 21 Jun 2024

3.0

for Salary and Benefits

Likes

Work culture is good People are approachable and supportive Knowledge sharing

Skill development - Good

+4 more

Dislikes

Puts you into comfort zone, sometimes even lethargic Your efforts are sometimes not rewarded rightly HR is non responsive and almost non existent

Quality Assurance in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 27 Mar 2023

3.0

for Salary and Benefits

Likes

Work-life balance is good and they don't micromanagement. open communication

Job security - Good

+1 more

Dislikes

Salaries are less compared to the market. No or limited recreational/team activities. No outings, or team lunches. Very limited growth

Senior Project Engineer in Bangalore Rural

Full Time

Research & Development Department

4.0

• posted on 18 May 2021

2.0

for Salary and Benefits

Likes

Altair culture. HR approaches. And facilities.

Skill development - Good

+1 more

Dislikes

Now a day it's like some specific region people are encouraged (teulgu). They already lost their very good and skilled management resources. And they give promotion to the people who speak a lot even don't know the work.

Salary - Poor

+2 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Altair Engineering Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Altair Engineering ?

The average salary of a Lead Engineer at Altair Engineering in India typically ranges from ₹15.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Lead Engineer at Altair Engineering earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Lead Engineer Salaries at Altair Engineering can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Altair Engineering employees in India.

What is the estimated take home salary of a Lead Engineer at Altair Engineering in India?

The estimated take-home salary of a Lead Engineer at Altair Engineering in India typically ranges from ₹1,07,647 to ₹1,10,615 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 12 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Altair Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Altair Engineering for Lead Engineer in India?

Autodesk	₹30.0 Lakhs to ₹45.0 Lakhs per year
Ansys Software Private Limited	₹27.0 Lakhs to ₹45.0 Lakhs per year
Credera	₹27.0 Lakhs to ₹34.5 Lakhs per year
Cadence Design Systems	₹16.0 Lakhs to ₹45.0 Lakhs per year
F5 Networks	₹21.0 Lakhs to ₹33.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Altair Engineering, depending on the role and experience level.

What is the salary of a Lead Engineer in companies similar to Altair Engineering in India?

The salary of a Lead Engineer at companies similar to Altair Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Solugenix India Private Limited	₹17.5 Lakhs to ₹31.0 Lakhs per year
Dassault Systemes	₹16.5 Lakhs to ₹20.0 Lakhs per year
Apisero	₹7.8 Lakhs to ₹24.2 Lakhs per year
SpanIdea	₹9.0 Lakhs to ₹21.0 Lakhs per year
Siemens PLM Software	₹8.0 Lakhs to ₹26.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Lead Engineer at Altair Engineering in India?

The salary growth for a Lead Engineer at Altair Engineering depends on factors such as experience, performance, and promotions. On average, a Lead Engineer can expect the following growth trajectory at Altair Engineering:

Experience	Average Salary Range
12 years	₹15.0 Lakhs to ₹27.5 Lakhs per year
13 years	₹13.9 Lakhs to ₹17.8 Lakhs per year
14 years	₹6.3 Lakhs to ₹16.0 Lakhs per year
15 years	₹6.4 Lakhs to ₹16.0 Lakhs per year

and so on.

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Altair Engineering Lead Engineer Salaries

Altair Engineering Lead Engineer salary in India ranges between ₹15 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Altair Engineering latest salaries received from various employees of Altair Engineering.