Solera Principal Engineer Salaries by 4 Employees

17 - 20 years exp.

₹40 Lakhs - ₹50 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% more than the average Principal Engineer Salary in IT Services & Consulting Companies for 17 - 20 years of experience

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Last Updated: 13 Jul 2024

Companies similar to Solera for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Continuum Managed Services Principal Engineer Salary 7 - 14 years exp. (8 salaries)	₹12.6 L/yr - ₹22 L/yr 57% less
Eze Software Principal Engineer Salary 13 years exp. (5 salaries)	₹25.9 L/yr - ₹40 L/yr 34% less
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Zebra Technologies Principal Engineer Salary 10 - 25 years exp. (3 salaries)	₹38 L/yr - ₹90 L/yr 47% more
HARMAN Principal Engineer Salary 9 - 16 years exp. (489 salaries)	₹17 L/yr - ₹50.6 L/yr 28% less	7 job openings
Oracle Principal Engineer Salary 9 - 16 years exp. (277 salaries)	₹15 L/yr - ₹65 L/yr 22% less	2 job openings

Principal Engineer salary at Solera ranges between ₹40 Lakhs to ₹50 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Solera.

Experience wise Solera Principal Engineer salaries

Last Updated: 13 Jul 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹40 L/yr - ₹50 L/yr
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Salary related reviews for Solera

Technical Support Engineer in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 02 Dec 2023

2.0

for Salary and Benefits

Likes

...olera take over, Everything is changed. Only adavantage is wfh and nothing else. No hike and bonus for 2 years no proposal. If you don't have any other offer and last is this, then you can join. Still try to search for other companies after getting.

Job security - Good

+1 more

Dislikes

Not Dealersocket but Solera, no appraisal at all

Salary - Poor

+4 more

Senior Director in Bangalore / Bengaluru

Engineering Department

1.0

• posted on 17 Oct 2022

4.0

for Salary and Benefits

Likes

Only salary (without the pay slip ever coming on time though)

Salary - Good

+1 more

Dislikes

The management expects miracles (which only God - if he exists can make), without knowing the zilch of technology. Most of the senior managers are in their current position only because of their past connections (which are rampant in the industry and more so in this country called India) and not because of their merit. The power, which is in the wrong hands (in the industry - someone who is not even a Computer Science graduate is at the helm) is wielded according to their whims and fancies. Unnecessary pressure is created without understanding the consequences or the depth of technology or the pain points of an engineer. No recognition whatsoever for all the hard work that you did. People are fired without notice and for the wrong reasons. The management cannot take any constructive feedback. Please do not join this company at any cost. It is hopeless and bound to fail with no future.

Skill development - Bad

+4 more

Executive - Operations And HR in Bangalore / Bengaluru

Full Time

Human Resources Department

1.0

• posted on 18 Jan 2025

1.0

for Salary and Benefits

Likes

The Managers is India are comfortable and easy to work with.

Dislikes

There is no appraisal/hike mechanism in this company. Everthing is controlled in US.If anyone raises voice the management would fire that employee. The management tries to force fit everything on an employee be it workload,policies etc.They are not open to feedback. Too much micro management from the Top level. They have a tool which tracks time in the system :no matter how good your perform and if this tool shows less working hours you will have to give several explanations and will be treated badly. In short dont waste your valuable career by joining Solera.

Salary - Bad

+6 more

Content Writer in Bangalore / Bengaluru

Full Time

Content, Editorial & Journalism Department

2.0

• posted on 04 Sep 2023

3.0

for Salary and Benefits

Likes

Great teammates. Work from home. Good leave policy. Office looks great.

Dislikes

Micromanagement. Zero appraisal or promotion even after working round the clock. Company has no direction. It's all gone downhill ever since the acquisition by Solera. Clients are leaving left and right. There is no appreciation of hard workers. I could go on.

Skill development - Bad

+4 more

Associate Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 10 Apr 2023

1.0

for Salary and Benefits

Likes

I think this is a shell company established by some fraud people. I have seen many people get hired here and layed off within days they join. I'm one of the unlucky guy who got lured with their fake offer

Dislikes

As I've said everything in likes..

Salary - Bad

+6 more

see more salary related reviews

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Hi All, I have 7 years of experience and I have currently offer for Data Engineer role from the below organizations- 1) Accenture 2) Cepgemini 3) Nagarro The CTC offer I am getting are almost the same (minor difference) for all these 3. Please help me to make better decisions (by considering growth, company culture, job security, and all other aspects).

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Solera Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Solera ?

The average salary of a Principal Engineer at Solera in India typically ranges from ₹40.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 17 years to 20 years).

The top 10% of Principal Engineer at Solera earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Principal Engineer Salaries at Solera 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 4 Solera employees in India.

What is the estimated take home salary of a Principal Engineer at Solera in India?

The estimated take-home salary of a Principal Engineer at Solera in India typically ranges from ₹2,77,039 to ₹2,88,428 per month. This is based on the average salary range of ₹40.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 17 years to 20 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 4 salaries received from various employees of Solera. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Solera for Principal Engineer in India?

Zebra Technologies

₹38.0 Lakhs to ₹90.0 Lakhs per year

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

What is the salary of a Principal Engineer in companies similar to Solera in India?

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

Oracle	₹15.0 Lakhs to ₹65.0 Lakhs per year
HARMAN	₹17.0 Lakhs to ₹50.6 Lakhs per year
Eze Software	₹25.9 Lakhs to ₹40.0 Lakhs per year
Continuum Managed Services	₹12.6 Lakhs to ₹22.0 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 Principal Engineer at Solera in India?

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

Experience	Average Salary Range
15 years	₹40.0 Lakhs to ₹50.0 Lakhs per year

and so on.

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Solera Principal Engineer Salaries

Solera Principal Engineer salary in India ranges between ₹40 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Solera latest salaries received from various employees of Solera.