Bitwise Solutions Team Lead Salaries by 5 Employees (Updated 2024)

4 - 6 years exp.

₹13 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

84% more than the average Team Lead Salary in IT Services & Consulting Companies for 4 - 6 years of experience

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Last Updated: 6 Jul 2024

Companies similar to Bitwise Solutions for Team Lead

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Team Lead salary at Bitwise Solutions ranges between ₹13 Lakhs to ₹24 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Bitwise Solutions.

Experience wise Bitwise Solutions Team Lead salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹13 L/yr - ₹28.7 L/yr
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹24 L/yr
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6 years (AmbitionBox Estimate)	₹13 L/yr - ₹17 L/yr

Salary related reviews for Bitwise Solutions

Senior Programmer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 09 Jun 2024

4.0

for Salary and Benefits

Likes

Good company to start Compensation is better than other IT service company Good opportunity for on-site Work from home

Dislikes

Work life balance can be improved better Management should be well trained to recognise the talent and deploy them on project Company should also work on employee personal growth in terms of learning new technology

Programmer Analyst in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

You have flexibility of working from home

Dislikes

Management is not good, Appraisal are very bad Most of management are leaving bitwise themselves Variable concept is very bad Compensation is not good Lot of micro management No support from managers for anything Manager only yells and does not know how to show appreciation

Project Lead in Pune

Full Time

Project & Program Management Department

2.0

• posted on 06 Jan 2024

2.0

for Salary and Benefits

Likes

2023- 2024 update Job Safety wise , it's decent.( depends on project extensions) Limited Clientele

Dislikes

... as there are limited clients with fixed technology patterns ) PAY - BAD i.e. fixed pay + variable pay - yearly hike is VERY VERY LOW . variable pay depends on individual performance + project performance + business unit performance + business profit . So we almost NEVER get full variable pay. Very weird hike policy , base pay hardly increases yearly. So Definitely DONT expect good hikes. NO QUERIES REGARDING HIKE ARE ENTERTAINED DURING APPRAISAL. SO WE BASICALLY CANNOT EVEN QUESTION LOW HIKE. PROMOTIONS - VERY LIMITED. MULTIPLE ROLE ASSIGNMENTS - HIGH . you are expected to work not only your role but also contribute exceptionally well in other project matters despite low hike and low promotions Culture : was great until 2021. But from 2022 and beyond the culture started deteriorating .

Programmer Analyst in Pune (working remotely)

Full Time

IT & Information Security Department

3.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Salary on time and work culture is good.

Dislikes

No increment in salary from last 2 years. They have created new salary structure as per that first 10% is progressive variable pay and above that you will get in fixed salary but what appraisal they gave is only 10% so not getting any hike in fixed salary (not a single rupee hike). And if I talk about variable pay they only gave for first quarter and for second quarter not given a single rupee.

System Analyst in Pune

Full Time

Data Science & Analytics Department

4.0

• posted on 01 Dec 2023

5.0

for Salary and Benefits

Likes

I joined recently. Going great so far. During salary negotiations they did not negotiate and offered what I had asked for, there is no Variable Pay, WFH/WFO is allowed. The team I am working with is very supportive too. There are internal training programs every month or so and you can go for external trainings and certifications if needed. The cost gets reimbursed.

Dislikes

nothing so far

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bitwise Solutions Team Lead Salary FAQs

What is the salary of Team Lead at Bitwise Solutions?

Team Lead salary at Bitwise Solutions in India ranges between ₹13.0 Lakhs to ₹24.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 84% more than the average Team Lead Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bitwise Solutions India.

How does the salary of a Team Lead at Bitwise Solutions India compare with the average salary range for this job?

The average salary of a Team Lead at Bitwise Solutions is 84% more than the average salary of a Team Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bitwise Solutions to a Team Lead in India?

Netcracker Technology Team Lead Salary - ₹14.5 Lakhs to ₹37.0 Lakhs per year
Altimetrik Team Lead Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
Infogain Team Lead Salary - ₹9.5 Lakhs to ₹35.0 Lakhs per year
Brillio Team Lead Salary - ₹10.0 Lakhs to ₹35.5 Lakhs per year
Slk Software Services Team Lead Salary - ₹9.0 Lakhs to ₹31.0 Lakhs per year

What is the salary of a Team Lead in companies similar to Bitwise Solutions in India?

Xoriant Team Lead Salary - ₹9.0 Lakhs to ₹33.0 Lakhs per year
LTIMindtree Team Lead Salary - ₹7.4 Lakhs to ₹33.0 Lakhs per year
Evalueserve Team Lead Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Persistent Systems Team Lead Salary - ₹8.0 Lakhs to ₹29.0 Lakhs per year
TEKsystems Team Lead Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Team Lead at Bitwise Solutions in India?

The estimated take-home salary of a Team Lead at Bitwise Solutions ranges between ₹1,09,462 per month to ₹1,12,489 per month in India. The take-home salary calculation is based on the average Bitwise Solutions Team Lead salary in India which ranges between ₹13.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Bitwise Solutions?

According to AmbitionBox, 50% of the Bitwise Solutions Team Leads reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bitwise Solutions Team Lead Salaries

Bitwise Solutions Team Lead salary in India ranges between ₹13 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bitwise Solutions latest salaries received from various employees of Bitwise Solutions.