Finastra Principal Lead Salaries by 2 Employees (Updated 2024)

17 - 19 years exp.

₹39.6 Lakhs - ₹50.7 Lakhs

Low Confidence

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Last Updated: 31 Oct 2024

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Principal Lead salary at Finastra ranges between ₹39.6 Lakhs to ₹50.7 Lakhs per year for employees with experience between 17 years to 19 years. Salary estimates are based on 2 latest salaries received from various employees of Finastra.

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Salary related reviews for Finastra

3.0

Rated by 1 employees for salary & benefits

Software Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

4.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

Salary will be a good one , able to enhance tech skills, learn new tech. They are using recent new technologies only

Dislikes

Job security is very less. Few people (not one or two ) people affected lay off . For freshers it wont be there. But for seniors (not by overall exp, seniors based on exp in finastra) job security is very less. Some will get a notice period of 1 month . They will give a good amount for these lay off people based on the experience . They are doing this layoff for cost cutting. I joined there by seeing ambition box review and hr's sugar coating words about job security. So guys if you want a secured job dont come here. If u want only 1-2 years of experience in Finastra for gaining knowledge about recent tech u can.

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 20 May 2024

4.0

for Salary and Benefits

Likes

The company culture is very good, working at Finastra is really good, work life balance is the biggest plus point here. Also, company offers Hybrid work from office, 2 days a week.

Dislikes

Food is too much costly, you need to wait more for promotions, salary also needs to raise.

Software Engineer in Bangalore / Bengaluru

Data Science & Analytics Department

5.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Work life balance, company culture, Amazing people and office, Initial joining pay.

Dislikes

Year on year salary hike, timing of bonus is very late, notice period employees(leaving in July) should be considered for bonus as they would have worked full year.

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

4.0

• posted on 06 Apr 2022

3.0

for Salary and Benefits

Likes

Clearly defined processes for development Good Culture, Work-Life Balance Work is good, Interesting projects

Dislikes

Pay very less compared to other companies Growth and promotions happen only if you are really exceptional. Otherwise it's pretty much stagnant

Expert Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 15 Mar 2022

1.0

for Salary and Benefits

Likes

Most of the people come with enthusiasm to start working with Finastra and end up loosing their work life balance and satisfaction. They have a lot of glitches in their system and fixing them takes a lot time which the managers don’t give making the employees life hell

Dislikes

...ues, and innumerable follow up. They give opportunities only to their favorites. They always ask to work on weekends without compensation or allowances

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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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Finastra Principal Lead Salary FAQs

What is the notice period for Principal Lead at Finastra?

According to AmbitionBox, 100% of the Finastra Principal Leads reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Finastra Principal Lead Salaries

Finastra Principal Lead salary in India ranges between ₹39.6 Lakhs to ₹50.7 Lakhs. This is an estimate based on latest salaries received from employees of Finastra.