Innova Solutions Principal Engineer Salaries by 4 Employees

7 - 10 years exp.

₹30 Lakhs - ₹39.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% more than the average Principal Engineer Salary in IT Services & Consulting Companies for 7 - 10 years of experience

Interested in this particular role?

Last Updated: 13 Apr 2024

Companies similar to Innova Solutions for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Nagarro Principal Engineer Salary 12 - 19 years exp. (227 salaries)	₹21.8 L/yr - ₹51 L/yr 9% more	14 job openings
FIS Principal Engineer Salary 10 - 18 years exp. (74 salaries)	₹18 L/yr - ₹36.4 L/yr 25% less	1 job opening
Login to view exact salary
Optum Global Solutions Principal Engineer Salary 10 - 18 years exp. (27 salaries)	₹39.5 L/yr - ₹75 L/yr 50% more
Wipro Principal Engineer Salary 9 - 25 years exp. (23 salaries)	₹11.7 L/yr - ₹44.6 L/yr 20% less
Accenture Principal Engineer Salary 3 - 14 years exp. (15 salaries)	₹10.8 L/yr - ₹41 L/yr 35% less
Cognizant Principal Engineer Salary 9 - 18 years exp. (14 salaries)	₹19.3 L/yr - ₹30 L/yr 21% less
IBM Principal Engineer Salary 10 - 18 years exp. (13 salaries)	₹24 L/yr - ₹64.6 L/yr 4% more
Genpact Principal Engineer Salary 6 - 12 years exp. (11 salaries)	₹22.5 L/yr - ₹32.5 L/yr 25% less
LTIMindtree Principal Engineer Salary 9 - 17 years exp. (9 salaries)	₹30 L/yr - ₹60 L/yr 25% more
Capgemini Principal Engineer Salary 14 - 24 years exp. (9 salaries)	₹25.2 L/yr - ₹50 L/yr 2% less
Emerson Electric Co. Principal Engineer Salary 9 - 14 years exp. (6 salaries)	₹9.6 L/yr - ₹14 L/yr 70% less
Login to view exact salary
Hewlett Packard Enterprise Principal Engineer Salary 10 - 18 years exp. (5 salaries)	₹26 L/yr - ₹85 L/yr 43% more
DXC Technology Principal Engineer Salary 13 - 20 years exp. (4 salaries)	₹23.4 L/yr - ₹48 L/yr 3% more
GlobalLogic Principal Engineer Salary 8 - 16 years exp. (4 salaries)	₹21 L/yr - ₹34 L/yr 22% less
NTT Data Principal Engineer Salary 11 - 16 years exp. (4 salaries)	₹12.6 L/yr - ₹35 L/yr 38% less
Bosch Global Software Technologies Principal Engineer Salary 1 - 17 years exp. (3 salaries)	₹24.8 L/yr - ₹43.5 L/yr 4% less
Sutherland Global Services Principal Engineer Salary 11 - 15 years exp. (3 salaries)	₹15.3 L/yr - ₹32 L/yr 32% less

Principal Engineer salary at Innova Solutions ranges between ₹30 Lakhs to ₹39.9 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Innova Solutions.

Experience wise Innova Solutions Principal Engineer salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
8 years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹35.9 L/yr - ₹45.9 L/yr
10 years (AmbitionBox Estimate)	₹35.9 L/yr - ₹45.9 L/yr

Salary related reviews for Innova Solutions

Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

The work life balance is good and the working hours are flexible.

Job security - Good

+1 more

Dislikes

The salary hikes are inadequate and the experienced salaries are not aligned with market standards. There is a lack of recognition and appreciation for the work done. Cost-cutting measures are excessive, even for basic needs. Opportunities to learn new technologies or rotation between projects are minimal. Complaints are not taken seriously if it involves key resources, they are are even allowed to disregard corporate ethics. While the initial package may seem attractive, the subsequent hikes are so low that even the employees with 5-10 years of experience feel stuck.

Salary - Bad

+4 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Average company with average benefits

Dislikes

...y taking work out of their employees. No appraisal or even appreciation of work. there is no name of bonus at all. The team lead and managers were from same state so they took benefit from others by only giving work to others and not doing anything themselves. Very poor work environment.

Salary - Bad

+6 more

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 28 Nov 2024

3.0

for Salary and Benefits

Likes

Salary at joining time is good. Appraisal is average

Dislikes

Internal politics for hikes,promotions No rewards & recognition You need to strech/extend for 3 to 4 hours daily Work culture is bad To many Followups to be done So much of client involvement in every aspect of daily routine Too much of Calls like a call center

Skill development - Poor

+2 more

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 20 Jan 2024

5.0

for Salary and Benefits

Likes

Good compensation on joining, you always are busy and have some work on table, but nothing stressful.

Salary - Excellent

+5 more

Dislikes

Increments can be better, no direct discussions based on increments monetory number, only performance review discussion happens. Skills improve gradually, but depends on project really.

Software Engineer in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing Nothing Nothing Nothing Nothing

Dislikes

Worst attitude Worst policy Cares about only critical employees No respect No hike Worst environment Comedy: Manager threatens regarding layoffs after working overtime and trying meet the deadlines which is impossible to meet from the start

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

107 participants . expiring in 17h

Got a question about Innova Solutions?

Ask anonymously on communities.

Innova Solutions Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Innova Solutions ?

The average salary of a Principal Engineer at Innova Solutions in India typically ranges from ₹30.0 Lakhs to ₹39.9 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Principal Engineer at Innova Solutions earn more than ₹39.9 Lakhs per year, and the top 1% earn over ₹39.9 Lakhs per year. Principal Engineer Salaries at Innova Solutions 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 Innova Solutions employees in India.

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

The estimated take-home salary of a Principal Engineer at Innova Solutions in India typically ranges from ₹2,18,125 to ₹2,26,850 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹39.9 Lakhs per year for employees with experience ranging from 7 years to 10 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 Innova Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at Innova Solutions ?

To be a Principal Engineer at Innova Solutions in india, the key skills required include:

- Python
- Java
- Spark
- Oauth
- Javascript

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

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

Optum Global Solutions	₹39.5 Lakhs to ₹75.0 Lakhs per year
Hewlett Packard Enterprise	₹26.0 Lakhs to ₹85.0 Lakhs per year
LTIMindtree	₹30.0 Lakhs to ₹60.0 Lakhs per year
Nagarro	₹21.8 Lakhs to ₹51.0 Lakhs per year
IBM	₹24.0 Lakhs to ₹64.6 Lakhs per year

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

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

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

DXC Technology	₹23.4 Lakhs to ₹48.0 Lakhs per year
Capgemini	₹25.2 Lakhs to ₹50.0 Lakhs per year
Bosch Global Software Technologies	₹24.8 Lakhs to ₹43.5 Lakhs per year
Wipro	₹11.7 Lakhs to ₹44.6 Lakhs per year
Cognizant	₹19.3 Lakhs to ₹30.0 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 Innova Solutions in India?

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

Experience	Average Salary Range
7 years	₹27.0 Lakhs to ₹34.5 Lakhs per year
8 years	₹31.5 Lakhs to ₹40.2 Lakhs per year
9 years	₹35.9 Lakhs to ₹45.9 Lakhs per year
10 years	₹35.9 Lakhs to ₹45.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Innova Solutions Salaries >
Innova Solutions Principal Engineer Salaries

Innova Solutions Principal Engineer salary in India ranges between ₹30 Lakhs to ₹39.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Innova Solutions latest salaries received from various employees of Innova Solutions.