IBS Software Services Principal Engineering Consultant Salaries by 4 Employees

17 - 21 years exp.

₹20 Lakhs - ₹28 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Principal Engineering Consultant Salary in Software Product Companies for 17 - 21 years of experience

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Salaries in different departments

Product Management Principal Engineering Consultant Salary 18 - 21 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹27.5 L/yr
Engineering - Software & QA Principal Engineering Consultant Salary 19 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr
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Project & Program Management Principal Engineering Consultant Salary 17 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 16 Feb 2024

Companies similar to IBS Software Services for Principal Engineering Consultant

Company name	Avg Annual Salary	Open Jobs
HARMAN Principal Engineering Consultant Salary 12 - 16 years exp. (4 salaries)	₹20 L/yr - ₹22.6 L/yr 12% less

Principal Engineering Consultant salary at IBS Software Services ranges between ₹20 Lakhs to ₹28 Lakhs per year for employees with experience between 17 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of IBS Software Services.

Experience wise IBS Software Services Principal Engineering Consultant salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹20 L/yr - ₹28 L/yr
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Salary related reviews for IBS Software Services

1.0

Rated by 1 employees for salary & benefits

Senior Business Analyst in Thiruvananthapuram

Full Time

Quality Assurance Department

3.0

• posted on 02 May 2024

4.0

for Salary and Benefits

Likes

Medical reference. 80% of medical (op) will pay by the company(not all hospital). Working hours are flexible. Only work to complete matters.

Salary - Good

+1 more

Dislikes

Responsibility and work not related to the role. Not systematic rules following. Dicision are not even discussed within the team.

Company culture - Poor

Technical Product Manager in Kochi

Project & Program Management Department

3.0

• posted on 31 Oct 2018

2.0

for Salary and Benefits

Likes

Great opportunity to learn Air domain if you really get a chance to work in a right team/project. Good Work-Life balance

Skill development - Good

+3 more

Dislikes

Low salary compare to market standard No support for non-malayalies Very reserved mind set people Lack of knowledge in process and standards Less on site opportunity

Salary - Poor

Solution Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

Very employee-friendly when it comes to benefits and salary.

Salary - Excellent

+6 more

Dislikes

A few projects have toxic managers with high seniority that destroy the morale of the whole team. But almost all projects are functioning well with decent work-life balance.

Software Quality Assurance Developer in Kochi

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

1.0

for Salary and Benefits

Likes

Opportunity to learn as there is plenty of work to do.

Dislikes

Salary hike very poor, but will be overloaded with work and no appreciation or acknowledgment from management side Work culture is also terrible, you may have to burn the midnight oil and then even work over the weekends without any extra payment. No respect for the PTO, they will ping/call you without any shame sometimes long PTO is not allowed hence no freedom of that.

Salary - Bad

+5 more

Test Engineer L2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 30 Aug 2024

2.0

for Salary and Benefits

Likes

Opportunities for professional development and career advancement can be very appealing.

Skill development - Good

Dislikes

...stency in decision-making can lead to frustration among employees and customers. Issues such as lack of recognition, inadequate compensation, or poor work-life balance can contribute to low morale.

Salary - Poor

+3 more

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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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IBS Software Services Principal Engineering Consultant Salary FAQs

What is the salary of Principal Engineering Consultant at IBS Software Services ?

The average salary of a Principal Engineering Consultant at IBS Software Services in India typically ranges from ₹20.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 17 years to 21 years).

The top 10% of Principal Engineering Consultant at IBS Software Services earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Principal Engineering Consultant Salaries at IBS Software Services 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 IBS Software Services employees in India.

What is the estimated take home salary of a Principal Engineering Consultant at IBS Software Services in India?

The estimated take-home salary of a Principal Engineering Consultant at IBS Software Services in India typically ranges from ₹1,57,744 to ₹1,63,740 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 17 years to 21 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 IBS Software Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Principal Engineering Consultant in companies similar to IBS Software Services in India?

The salary of a Principal Engineering Consultant at companies similar to IBS Software Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HARMAN

₹20.0 Lakhs to ₹22.6 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 Engineering Consultant at IBS Software Services in India?

The salary growth for a Principal Engineering Consultant at IBS Software Services depends on factors such as experience, performance, and promotions. On average, a Principal Engineering Consultant can expect the following growth trajectory at IBS Software Services:

Experience	Average Salary Range
15 years	₹20.0 Lakhs to ₹28.0 Lakhs per year

and so on.

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IBS Software Services Principal Engineering Consultant Salaries

IBS Software Services Principal Engineering Consultant salary in India ranges between ₹20 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IBS Software Services latest salaries received from various employees of IBS Software Services.