Luxoft Principal Consultant Salaries by 80+ Employees (Updated 2024)

12 - 19 years exp.

₹25 Lakhs - ₹48 Lakhs

Salary of majority employees

29% more than the average Principal Consultant Salary in IT Services & Consulting Companies for 12 - 19 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Consultant Salary 12 - 19 years exp. (27 salaries)	₹26.1 L/yr - ₹40 L/yr
Project & Program Management Principal Consultant Salary 13 - 19 years exp. (16 salaries)	₹28.9 L/yr - ₹43 L/yr
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BFSI, Investments & Trading Principal Consultant Salary 12 - 17 years exp. (8 salaries)	₹25 L/yr - ₹43 L/yr
Consulting Principal Consultant Salary 12 - 18 years exp. (8 salaries)	₹30 L/yr - ₹42 L/yr

Last Updated: 14 Dec 2024

Companies similar to Luxoft for Principal Consultant

Company name	Avg Annual Salary	Open Jobs
TCS Principal Consultant Salary 10 - 22 years exp. (82 salaries)	₹18 L/yr - ₹60 L/yr 11% more
Infosys Principal Consultant Salary 12 - 25 years exp. (2.5k salaries)	₹15.6 L/yr - ₹51 L/yr 4% less	2 job openings
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Wipro Principal Consultant Salary 8 - 22 years exp. (2.1k salaries)	₹14.4 L/yr - ₹43 L/yr 20% less	1 job opening
HCLTech Principal Consultant Salary 10 - 20 years exp. (33 salaries)	₹21.5 L/yr - ₹45 L/yr 6% less
Tech Mahindra Principal Consultant Salary 15 - 25 years exp. (209 salaries)	₹14 L/yr - ₹55 L/yr 5% less
Capgemini Principal Consultant Salary 9 - 16 years exp. (31 salaries)	₹15 L/yr - ₹38 L/yr 19% less
IBM Principal Consultant Salary 6 - 20 years exp. (24 salaries)	₹15.4 L/yr - ₹50 L/yr 3% more
Accenture Principal Consultant Salary 10 - 15 years exp. (34 salaries)	₹19 L/yr - ₹49.9 L/yr 3% less
Cognizant Principal Consultant Salary 10 - 17 years exp. (158 salaries)	₹11.9 L/yr - ₹30 L/yr 38% less
Genpact Headstrong Capital Markets Principal Consultant Salary 7 - 16 years exp. (490 salaries)	₹11 L/yr - ₹35 L/yr 29% less
LTIMindtree Principal Consultant Salary 10 - 19 years exp. (126 salaries)	₹16 L/yr - ₹51 L/yr 13% less
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Wipro Digital Principal Consultant Salary 9 - 18 years exp. (53 salaries)	₹19 L/yr - ₹35 L/yr 18% less
Tietoevry Principal Consultant Salary 10 - 19 years exp. (51 salaries)	₹17 L/yr - ₹36 L/yr 20% less
Atos Syntel Principal Consultant Salary 14 - 21 years exp. (46 salaries)	₹15 L/yr - ₹42 L/yr 13% less
ThoughtWorks Principal Consultant Salary 13 - 23 years exp. (35 salaries)	₹42.4 L/yr - ₹1.1 Cr/yr 110% more
HTC Global Services Principal Consultant Salary 8 - 19 years exp. (24 salaries)	₹13 L/yr - ₹25 L/yr 46% less
Persistent Systems Principal Consultant Salary 10 - 23 years exp. (15 salaries)	₹32 L/yr - ₹50 L/yr 11% more
Mphasis Principal Consultant Salary 5 - 22 years exp. (15 salaries)	₹10.2 L/yr - ₹28.5 L/yr 40% less
TEKsystems Principal Consultant Salary 8 - 15 years exp. (14 salaries)	₹13.5 L/yr - ₹25 L/yr 46% less
Allianz Technology Principal Consultant Salary 14 - 18 years exp. (8 salaries)	₹17.8 L/yr - ₹37 L/yr 8% less

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Principal Consultant salary at Luxoft ranges between ₹25 Lakhs to ₹48 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 80 latest salaries received from various employees of Luxoft.

Experience wise Luxoft Principal Consultant salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
12 years (9 salaries)	₹25 L/yr - ₹42 L/yr
13 years (10 salaries)	₹29.5 L/yr - ₹43 L/yr
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14 years (14 salaries)	₹25.9 L/yr - ₹48 L/yr
15+ years (47 salaries)	₹26.1 L/yr - ₹43 L/yr

Similar Designation salaries in Luxoft

Associate Consultant Salary

(6 salaries)

₹4 L/yr - ₹21.25 L/yr

Senior Consultant Salary

(404 salaries)

₹12 L/yr - ₹35.5 L/yr

Lead Consultant Salary

(7 salaries)

₹23 L/yr - ₹29.5 L/yr

Technical Architect Salary

(7 salaries)

₹25.3 L/yr - ₹48.3 L/yr

Technical Lead Salary

(43 salaries)

₹12 L/yr - ₹36 L/yr

Technical Manager Salary

(4 salaries)

₹16 L/yr - ₹28.2 L/yr

Senior Associate Salary

(20 salaries)

₹13.3 L/yr - ₹35 L/yr

Principal Software Engineer Salary

(4 salaries)

₹23 L/yr - ₹36 L/yr

Project Lead Salary

(3 salaries)

₹9 L/yr - ₹32 L/yr

Senior Engineer Salary

(27 salaries)

₹9.8 L/yr - ₹33 L/yr

Top skills at Luxoft for Principal Consultant

Test Cases Management Manual Core banking Project Planning Banking Software Software Solutions Subject Matter Expertise Accounting Retail T24 Business Solutions Temenos Customer Interfacing

Salary related reviews for Luxoft

3.9

Rated by 11 employees for salary & benefits

Principal Consultant in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

2.0

• posted on 18 Oct 2024

3.0

for Salary and Benefits

Likes

It works based on individual's capabilities. If you have the required Skill set, you will find it very conducive.

Dislikes

No hikes for the past 2 years. No bonus. No integration with the company if you're working from client office. No feeling of belonging. You're owned by neither luxoft not client. You're on your own. You'll feel like you're a freelance contractor here. Leaves are limited. No time for trainings or personal development. Lot of uncertainty and anxiety if your contract with the client is coming to an end. Internal mobility is for namesake, unless your skills are highly in demand.

Test Lead in Chennai

Full Time

Engineering - Software & QA Department

5.0

• posted on 30 May 2024

5.0

for Salary and Benefits

Likes

Everything is best about the company be it salary package,benefits,insurance coverage for employee upto 10 lakhs and for parents upto 7 Lakhs, no micro management,full remote or as per how your project operates,trainings in recognized platforms and supportive Managers.Last but not the least Internal mobility.

Dislikes

Very less Projects in specific locations like Chennai and dependent on 1 or 2 Major accounts.

Technical Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 21 May 2024

3.0

for Salary and Benefits

Likes

Salary is credited on time and it provides lot of learning opportunities by organizing training sessions.

Dislikes

Changing project is quite tedious and in my i work at client location and its very hard to keeps up with Luxoft meetings and trainings. In Luxoft management do not care about individuals interest areas they will just assign you a project so that billings keeps on coming.

Senior Technical Lead in Noida (working remotely)

Full Time

Engineering - Software & QA Department

5.0

• posted on 19 Dec 2023

3.0

for Salary and Benefits

Likes

Luxoft provides a clear direction and set achievable goals , creating a positive work culture that fosters workplace productivity and innovation and follows a strong mentorship program to provide guidance and support for employees at all levels. This program fosters a sense of community and encourage employees to learn from each other, promoting growth and development.

Dislikes

Management needs to look into the appraisal process. No periodic hikes. No provision for bonus.

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 11 Oct 2023

3.0

for Salary and Benefits

Likes

Over all OK. You can not compare with othe big companies.

Dislikes

1. Poor project management. 2. They will not provide salary industry standard. 3. Over all management is very. 4. No office cafeteria. 5. After 5 pm no office boy will be available in office. 6. You can not develop your skill set.

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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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Luxoft Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Luxoft?

Principal Consultant salary at Luxoft in India ranges between ₹25.0 Lakhs to ₹48.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 29% more than the average Principal Consultant Salary in India. Salary estimates are based on 80 latest salaries received from various employees of Luxoft India.

How does the salary of a Principal Consultant at Luxoft India compare with the average salary range for this job?

The average salary of a Principal Consultant at Luxoft is 29% more than the average salary of a Principal Consultant in India. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Consultant at Luxoft?

Test Cases, Management, Manual, Core banking and Project Planning are some of the popular skills required to work as a Principal Consultant at Luxoft India.

Which similar companies are paying more than Luxoft to a Principal Consultant in India?

ThoughtWorks Principal Consultant Salary - ₹42.4 Lakhs to ₹110.0 Lakhs per year
Wolters Kluwer Principal Consultant Salary - ₹50.0 Lakhs to ₹61.0 Lakhs per year
TCS Principal Consultant Salary - ₹18.0 Lakhs to ₹60.0 Lakhs per year
Persistent Systems Principal Consultant Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year
IBM Principal Consultant Salary - ₹15.4 Lakhs to ₹50.0 Lakhs per year

What is the salary of a Principal Consultant in companies similar to Luxoft in India?

Accenture Principal Consultant Salary - ₹19.0 Lakhs to ₹49.9 Lakhs per year
Infosys Principal Consultant Salary - ₹15.6 Lakhs to ₹51.0 Lakhs per year
Tech Mahindra Principal Consultant Salary - ₹14.0 Lakhs to ₹55.0 Lakhs per year
HCLTech Principal Consultant Salary - ₹21.5 Lakhs to ₹45.0 Lakhs per year
Allianz Technology Principal Consultant Salary - ₹17.8 Lakhs to ₹37.0 Lakhs per year

What is the estimated take home salary of a Principal Consultant at Luxoft in India?

The estimated take-home salary of a Principal Consultant at Luxoft ranges between ₹2,15,099 per month to ₹2,23,688 per month in India. The take-home salary calculation is based on the average Luxoft Principal Consultant salary in India which ranges between ₹25.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Principal Consultant at Luxoft?

According to AmbitionBox, 51% of the Luxoft Principal Consultants reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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Luxoft Principal Consultant Salaries

Luxoft Principal Consultant salary in India ranges between ₹25 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 80 Luxoft latest salaries received from various employees of Luxoft.

Luxoft Principal Consultant salaries in India

Companies similar to Luxoft for Principal Consultant

Latest annual salaries shared by Luxoft Principal Consultant

Experience wise Luxoft Principal Consultant salaries

Similar Designation salaries in Luxoft

Top skills at Luxoft for Principal Consultant

Salary related reviews for Luxoft

Principal Consultant in Hyderabad / Secunderabad

Test Lead in Chennai

Technical Lead in Bangalore / Bengaluru

Senior Technical Lead in Noida (working remotely)

Senior Software Engineer in Bangalore / Bengaluru

Luxoft Principal Consultant Salary FAQs

Tell us how to improve this page.

Luxoft Principal Consultant Salaries by Location