Formula Group Chennai Consultant Salaries by 4 Employees

5 - 18 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

68% less than the average Consultant Salary in Other Companies for 5 - 18 years of experience

Interested in this particular role? 1 job opening

Last Updated: 4 May 2024

Companies similar to Formula Group for Consultant in Chennai

Formula Group Consultant Salary

5 - 18 years exp. (4 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Capgemini Consultant Salary 1 - 10 years exp. (4k salaries)	₹5.4 L/yr - ₹18 L/yr 155% more	18 job openings
HCLTech Consultant Salary 3 - 22 years exp. (1.3k salaries)	₹8 L/yr - ₹32.5 L/yr 344% more	1 job opening
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Infosys Consultant Salary 3 - 13 years exp. (1.1k salaries)	₹7.3 L/yr - ₹23 L/yr 209% more	64 job openings
Eviden Consultant Salary 4 - 15 years exp. (963 salaries)	₹7.1 L/yr - ₹26.3 L/yr 272% more	2 job openings
Virtusa Consulting Services Consultant Salary 2 - 10 years exp. (872 salaries)	₹6 L/yr - ₹18 L/yr 182% more	12 job openings

Consultant salary at Formula Group ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Formula Group.

Experience wise Formula Group Consultant salaries in Chennai

Last Updated: 4 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
15+ years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

Top skills at Formula Group for Consultant

Interpersonal Skills Service Delivery Management Leasing Service Delivery Management

Salary related reviews for Formula Group

5.0

Rated by 1 employees for salary & benefits

Manager in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

1.0

• posted on 30 May 2022

1.0

for Salary and Benefits

Likes

You just work like slave for no appreciation or salary - what the company pays you it's better what swiggy or zomato pays to their employees. The work culture is horrible and no career growth.

Dislikes

Management

Salary - Bad

+6 more

Customer Service Executive in New Delhi

Customer Success, Service & Operations Department

2.0

• posted on 09 Mar 2019

2.0

for Salary and Benefits

Likes

Supportive team members, salary date is fixed ,provide health insurance ,

Skill development - Good

Dislikes

No job security, salary dedductions , no career growth , no IJP , appraisal depends upon other things not on our capability , politics ..politics ...politics ...

Salary - Poor

+5 more

Sr. Supervisor Fleet Operations in New Delhi

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2020

4.0

for Salary and Benefits

Likes

Good work environment, Teammates & management arn"t supportive. There is biggest drawbacks is that your teammates finds your mistakes like that they are going to get award for that.

Salary - Good

Dislikes

There is a lot of politics and the HR team doesn't address our issue, Salary is decent but career growth is slow.

Job security - Bad

+2 more

Senior Executive in New Delhi

Full Time

Legal & Regulatory Department

2.0

• posted on 02 Oct 2024

2.0

for Salary and Benefits

Likes

Just the company name and logo.

Job security - Good

Dislikes

Employee benefits. They just make you work, they will never take you for outing and plus only the Manager and above level are invited for their office parties. We will do the hard work and the Manager and above level will enjoy the success parties. Keep it up FORMULA.

Salary - Poor

+3 more

Senior Executive Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

Salary is getting on time

Salary - Excellent

Dislikes

Mumbai operations manager Wilson Pinto is a selfish manager who never helps the team. Whenever team is in trouble he find the way to blame and target specific individuals. Due to this behaviour almost 6 good employees has been resigned Karan, Raju, Sarfaraz, Niranjan, Deepak and Anil.

Skill development - Bad

+5 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Formula Group Consultant Salary FAQs

What is the salary of Consultant at Formula Group in Chennai?

The average salary of a Consultant at Formula Group in Chennai typically ranges from ₹3.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 18 years).

The top 10% of Consultant in Chennai at Formula Group earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Consultant Salaries at Formula Group 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 Formula Group employees in India.

What is the estimated take home salary of a Consultant at Formula Group in Chennai?

The estimated take-home salary of a Consultant at Formula Group in Chennai typically ranges from ₹33,393 to ₹34,657 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 18 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 Formula Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Consultant at Formula Group in Chennai?

To be a Consultant at Formula Group in Chennai, the key skills required include:

- Interpersonal Skills
- Service Delivery
- Management
- Leasing
- Service Delivery Management

These skills are highly valued at Formula Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Formula Group for Consultant in India?

HCLTech	₹8.0 Lakhs to ₹32.5 Lakhs per year
Eviden	₹7.1 Lakhs to ₹26.3 Lakhs per year
Infosys	₹7.3 Lakhs to ₹23.0 Lakhs per year
Virtusa Consulting Services	₹6.0 Lakhs to ₹18.0 Lakhs per year
Capgemini	₹5.4 Lakhs to ₹18.0 Lakhs per year

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

How the salary growth look like for a Consultant at Formula Group in Chennai?

The salary growth for a Consultant at Formula Group in Chennai depends on factors such as experience, performance, and promotions. On average, a Consultant in Chennai can expect the following growth trajectory at Formula Group:

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
7 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
8 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Formula Group Consultant Salaries in Chennai

Formula Group Consultant salary in Chennai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Formula Group latest salaries received from various employees of Formula Group.