Ittiam Systems Principal Engineer Salaries by 4 Employees

9 - 12 years exp.

₹25.5 Lakhs - ₹36.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Principal Engineer Salary in IT Services & Consulting Companies for 9 - 12 years of experience

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Salaries in different departments

Data Science & Analytics Principal Engineer Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹31 L/yr - ₹36.4 L/yr
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Engineering - Software & QA Principal Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹25.5 L/yr - ₹26 L/yr

Last Updated: 16 Mar 2023

Companies similar to Ittiam Systems for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Continuum Managed Services Principal Engineer Salary 7 - 14 years exp. (8 salaries)	₹12.6 L/yr - ₹22 L/yr 32% less
Mol Information Processing Services India Principal Engineer Salary 13 - 16 years exp. (5 salaries)	₹17 L/yr - ₹24 L/yr 34% less
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Solera Principal Engineer Salary 17 - 20 years exp. (4 salaries)	₹40 L/yr - ₹50 L/yr 57% more
Zebra Technologies Principal Engineer Salary 10 - 25 years exp. (3 salaries)	₹38 L/yr - ₹90 L/yr 131% more
QwikCilver Solutions Principal Engineer Salary 11 - 12 years exp. (3 salaries)	₹20 L/yr - ₹24 L/yr 27% less
Ivanti Principal Engineer Salary 10 - 16 years exp. (3 salaries)	₹30.5 L/yr - ₹48 L/yr 28% more

Principal Engineer salary at Ittiam Systems ranges between ₹25.5 Lakhs to ₹36.4 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Ittiam Systems.

Experience wise Ittiam Systems Principal Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹25.5 L/yr - ₹25.5 L/yr
10 years (AmbitionBox Estimate)	₹26 L/yr - ₹50.1 L/yr
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11 years (AmbitionBox Estimate)	₹31 L/yr - ₹56.9 L/yr
12 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹36.4 L/yr

Similar Designation salaries in Ittiam Systems

Senior Engineer Salary

(29 salaries)

₹11.6 L/yr - ₹26 L/yr

Lead Engineer Salary

(6 salaries)

₹19 L/yr - ₹29.65 L/yr

Software Engineer Salary

(23 salaries)

₹9.3 L/yr - ₹19.5 L/yr

Lead Software Engineer Salary

(3 salaries)

₹23 L/yr - ₹42 L/yr

Senior Software Engineer Salary

(12 salaries)

₹13.35 L/yr - ₹30 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Team Lead Salary

(3 salaries)

₹24.04 L/yr - ₹25.9 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹23.3 L/yr - ₹29.8 L/yr

Salary related reviews for Ittiam Systems

Lead Engineer in Richmond Road, Bengaluru

Engineering - Software & QA Department

5.0

• posted on 28 Jun 2022

4.0

for Salary and Benefits

Likes

...it has Talent Management Team. The company doesn't do any harm to its employees. Therefore offers no Compensation 😀. It rewards. Process work is less, focus is on technical tasks. Work environment is too good

Salary - Good

+6 more

Dislikes

No company provided transportation.

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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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Ittiam Systems Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Ittiam Systems ?

The average salary of a Principal Engineer at Ittiam Systems in India typically ranges from ₹25.5 Lakhs to ₹36.4 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Principal Engineer at Ittiam Systems earn more than ₹36.4 Lakhs per year, and the top 1% earn over ₹36.4 Lakhs per year. Principal Engineer Salaries at Ittiam Systems 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 Ittiam Systems employees in India.

What is the estimated take home salary of a Principal Engineer at Ittiam Systems in India?

The estimated take-home salary of a Principal Engineer at Ittiam Systems in India typically ranges from ₹1,85,429 to ₹1,92,676 per month. This is based on the average salary range of ₹25.5 Lakhs to ₹36.4 Lakhs per year for employees with experience ranging from 9 years to 12 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 Ittiam Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ittiam Systems for Principal Engineer in India?

Zebra Technologies	₹38.0 Lakhs to ₹90.0 Lakhs per year
Solera	₹40.0 Lakhs to ₹50.0 Lakhs per year
Ivanti	₹30.5 Lakhs to ₹48.0 Lakhs per year

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

What is the salary of a Principal Engineer in companies similar to Ittiam Systems in India?

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

QwikCilver Solutions	₹20.0 Lakhs to ₹24.0 Lakhs per year
Continuum Managed Services	₹12.6 Lakhs to ₹22.0 Lakhs per year
Mol Information Processing Services India	₹17.0 Lakhs to ₹24.0 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 Ittiam Systems in India?

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

Experience	Average Salary Range
9 years	₹25.5 Lakhs to ₹25.5 Lakhs per year
10 years	₹26.0 Lakhs to ₹50.1 Lakhs per year
11 years	₹31.0 Lakhs to ₹56.9 Lakhs per year
12 years	₹14.1 Lakhs to ₹36.4 Lakhs per year

and so on.

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Ittiam Systems Principal Engineer Salaries

Ittiam Systems Principal Engineer salary in India ranges between ₹25.5 Lakhs to ₹36.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ittiam Systems latest salaries received from various employees of Ittiam Systems.

Ittiam Systems Principal Engineer salaries in India