FORMONIC TECHNOLOGIES Team Lead Salaries by 5 Employees (Updated 2024)

6 - 8 years exp.

₹5.8 Lakhs - ₹8.5 Lakhs

Salary of majority employees

18% less than the average Team Lead Salary for 6 - 8 years of experience

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Salaries in different departments

Construction & Site Engineering Team Lead Salary 6 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹7.3 L/yr
Engineering - Software & QA Team Lead Salary 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.3 L/yr
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Research & Development Team Lead Salary 7 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.3 L/yr

Last Updated: 4 Jul 2024

Companies similar to FORMONIC TECHNOLOGIES for Team Lead

Company name	Avg Annual Salary	Open Jobs
TCS Team Lead Salary 2 - 18 years exp. (8.4k salaries)	₹3.4 L/yr - ₹14 L/yr 17% more	1 job opening
Infosys Team Lead Salary 4 - 15 years exp. (2.9k salaries)	₹5.4 L/yr - ₹21 L/yr 81% more
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Wipro Team Lead Salary 2 - 15 years exp. (5.5k salaries)	₹4.6 L/yr - ₹21 L/yr 65% more	2 job openings
HCLTech Team Lead Salary 2 - 14 years exp. (2.1k salaries)	₹5.7 L/yr - ₹23 L/yr 84% more
Tech Mahindra Team Lead Salary 1 - 16 years exp. (4.9k salaries)	₹5.1 L/yr - ₹16.6 L/yr 51% more	1 job opening
LTIMindtree Team Lead Salary 6 - 15 years exp. (1.2k salaries)	₹7.4 L/yr - ₹33 L/yr 158% more
L&T Technology Services Team Lead Salary 7 - 16 years exp. (145 salaries)	₹8.3 L/yr - ₹29.2 L/yr 145% more
Mphasis Team Lead Salary 5 - 13 years exp. (376 salaries)	₹5.4 L/yr - ₹20 L/yr 77% more
Persistent Systems Team Lead Salary 7 - 14 years exp. (695 salaries)	₹8 L/yr - ₹29 L/yr 146% more
Cyient Team Lead Salary 7 - 17 years exp. (501 salaries)	₹4.8 L/yr - ₹16.4 L/yr 43% more
JioMart Team Lead Salary 0 - 9 years exp. (208 salaries)	₹1.7 L/yr - ₹5.4 L/yr 55% less
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Testo India Team Lead Salary 4 - 12 years exp. (73 salaries)	₹12 L/yr - ₹42.9 L/yr 308% more
HCL Infosystems Team Lead Salary 5 - 11 years exp. (67 salaries)	₹3.5 L/yr - ₹11.7 L/yr 22% more
ABCI Infrastructures Team Lead Salary 4 - 12 years exp. (64 salaries)	₹9.2 L/yr - ₹35 L/yr 216% more
Huawei Technologies Team Lead Salary 5 - 12 years exp. (44 salaries)	₹4.2 L/yr - ₹11.9 L/yr 31% more
Novartis Healthcare Team Lead Salary 9 - 14 years exp. (40 salaries)	₹15 L/yr - ₹40.6 L/yr 350% more
Marelli Team Lead Salary 1 - 9 years exp. (40 salaries)	₹1.6 L/yr - ₹6 L/yr 63% less
Cogniter Technologies Team Lead Salary 5 - 13 years exp. (34 salaries)	₹5.5 L/yr - ₹13.3 L/yr 40% more
Apmosys Technologies Team Lead Salary 5 - 8 years exp. (19 salaries)	₹6 L/yr - ₹16 L/yr 54% more
Kyndal India Team Lead Salary 4 - 16 years exp. (16 salaries)	₹8.8 L/yr - ₹28 L/yr 139% more

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Team Lead salary at FORMONIC TECHNOLOGIES ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of FORMONIC TECHNOLOGIES.

Experience wise FORMONIC TECHNOLOGIES Team Lead salaries

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr
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8 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.1 L/yr

Similar Designation salaries in FORMONIC TECHNOLOGIES

Associate Trainee Salary

(4 salaries)

₹1.8 L/yr - ₹2.16 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Team Member Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for FORMONIC TECHNOLOGIES

4.2

Rated by 2 employees for salary & benefits

Rebar Detailer in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 14 Aug 2023

2.0

for Salary and Benefits

Likes

In covid time they gave me job, when I required it utmost.

Dislikes

...oming to work at 10am and mostly stay upto 9pm 10pm and sometimes even till 1am. The company treats freshers like shit, with a 2yrs of service bond and a mere package of just 15k a month and they are exploited beyond imagination. If there is a long weekend or public holiday the company has a habit of calling employees on weekends to work. They won't give you a holiday even on International Labour Day. They won't let you club your leaves with weekends and public holidays. If you have a family staying away from you and you want to meet them by clubbing your leaves along with public holidays or weekends they won't let that happen, they have the rights of cancelling your leaves, so you can enjoy your leaves without payment for the day. There is lot of politics at managerial level, they show there monopoly.

Junior Engineer in Hyderabad / Secunderabad

PRECAST Department

1.0

• posted on 07 Mar 2020

1.0

for Salary and Benefits

Likes

There will be chance to learn lot of things, but you should sacrifice your personal life.

Dislikes

Career growth is bad, no job security, bad appraisal, lot of politics, bad work environment, innovative thoughts are not allowed, bad work life balance.

see more salary related reviews

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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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FORMONIC TECHNOLOGIES Team Lead Salary FAQs

What is the salary of Team Lead at FORMONIC TECHNOLOGIES?

Team Lead salary at FORMONIC TECHNOLOGIES in India ranges between ₹5.8 Lakhs to ₹8.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 18% less than the average Team Lead Salary in India. Salary estimates are based on 5 latest salaries received from various employees of FORMONIC TECHNOLOGIES India.

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

The average salary of a Team Lead at FORMONIC TECHNOLOGIES is 18% less 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 FORMONIC TECHNOLOGIES to a Team Lead in India?

Novartis Healthcare Team Lead Salary - ₹15.0 Lakhs to ₹40.6 Lakhs per year
Testo India Team Lead Salary - ₹12.0 Lakhs to ₹42.9 Lakhs per year
ABCI Infrastructures Team Lead Salary - ₹9.2 Lakhs to ₹35.0 Lakhs per year
LTIMindtree Team Lead Salary - ₹7.4 Lakhs to ₹33.0 Lakhs per year
Persistent Systems Team Lead Salary - ₹8.0 Lakhs to ₹29.0 Lakhs per year

What is the salary of a Team Lead in companies similar to FORMONIC TECHNOLOGIES in India?

L&T Technology Services Team Lead Salary - ₹8.3 Lakhs to ₹29.2 Lakhs per year
Global Edge Software Team Lead Salary - ₹12.8 Lakhs to ₹22.0 Lakhs per year
Kyndal India Team Lead Salary - ₹8.8 Lakhs to ₹28.0 Lakhs per year
IVTL Infoview Technologies Team Lead Salary - ₹11.0 Lakhs to ₹20.8 Lakhs per year
HCLTech Team Lead Salary - ₹5.7 Lakhs to ₹23.0 Lakhs per year

What is the estimated take home salary of a Team Lead at FORMONIC TECHNOLOGIES in India?

The estimated take-home salary of a Team Lead at FORMONIC TECHNOLOGIES ranges between ₹53,210 per month to ₹54,535 per month in India. The take-home salary calculation is based on the average FORMONIC TECHNOLOGIES Team Lead salary in India which ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at FORMONIC TECHNOLOGIES?

According to AmbitionBox, 60% of the FORMONIC TECHNOLOGIES Team Leads reported a notice period of 2 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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FORMONIC TECHNOLOGIES Team Lead Salaries

FORMONIC TECHNOLOGIES Team Lead salary in India ranges between ₹5.8 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 FORMONIC TECHNOLOGIES latest salaries received from various employees of FORMONIC TECHNOLOGIES.