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Luxoft Principal Consultant salaries in Noida

Annual salary range
14 - 17 years exp.
₹31 Lakhs - ₹36.2 Lakhs
Salary of majority employees
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21% more than the average Principal Consultant Salary in IT Services & Consulting Companies for 14 - 17 years of experience

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Last Updated: 27 Sep 2024

Companies similar to Luxoft for Principal Consultant in Noida

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Luxoft Principal Consultant Salary

14 - 17 years exp. (5 salaries)

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₹31 L/yr - ₹36.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Genpact Principal Consultant Salary

6 - 18 years exp. (441 salaries)

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₹11.8 L/yr - ₹38 L/yr

arrow icon 26% less
1 job opening
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Oracle Principal Consultant Salary

6 - 17 years exp. (173 salaries)

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₹13 L/yr - ₹35 L/yr

arrow icon 25% less
46 job openings
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Wipro Principal Consultant Salary

9 - 21 years exp. (99 salaries)

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₹15.7 L/yr - ₹43 L/yr

arrow icon 12% less
7 job openings
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Infosys Principal Consultant Salary

12 - 23 years exp. (69 salaries)

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₹19 L/yr - ₹46.4 L/yr

arrow icon 4% more
1 job opening
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Birlasoft Principal Consultant Salary

11 - 19 years exp. (33 salaries)

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₹12 L/yr - ₹36 L/yr

arrow icon 23% less
2 job openings
Principal Consultant salary at Luxoft ranges between ₹31 Lakhs to ₹36.2 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Luxoft.

Latest annual salaries shared by Luxoft Principal Consultant in Noida

5mo ago
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17 years exp.
7mo ago
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17 years exp.

Experience wise Luxoft Principal Consultant salaries in Noida

Last Updated: 27 Sep 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹32 L/yr - ₹61.9 L/yr
15+ years  (4 salaries)

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₹31 L/yr - ₹36.2 L/yr

Similar Designation salaries in Luxoft

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₹15.25 L/yr - ₹31 L/yr
Technical Lead Salary
(3 salaries)
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₹14 L/yr - ₹25.73 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

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.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Feb 2025

4.0
 for  Salary and Benefits

Likes

Management does not disturb or assign you unnecessary work if you are tagged to a project. For skill development there are quite number of training’s are arranged. Medical coverage is good.

read more
  • Salary - Good
  • +2 more

Dislikes

...ur work. In that manner the motivation for work goes down as per my experience. Salary hike is very less from last 2-3 years for most employees there is no hike at all.

read more
  • Promotions - Poor

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

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  • Skill development - Excellent
  • +4 more

Dislikes

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

read more

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.

read more
  • Skill development - Bad
  • +2 more
see more salary related reviews

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Luxoft Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Luxoft in Noida?
The average salary of a Principal Consultant at Luxoft in Noida typically ranges from ₹31.0 Lakhs to ₹36.2 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Principal Consultant in Noida at Luxoft earn more than ₹36.2 Lakhs per year, and the top 1% earn over ₹36.2 Lakhs per year. Principal Consultant Salaries at Luxoft 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 5 Luxoft employees in India.
What is the estimated take home salary of a Principal Consultant at Luxoft in Noida?
The estimated take-home salary of a Principal Consultant at Luxoft in Noida typically ranges from ₹2,12,960 to ₹2,21,452 per month. This is based on the average salary range of ₹31.0 Lakhs to ₹36.2 Lakhs per year for employees with experience ranging from 14 years to 17 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 5 salaries received from various employees of Luxoft. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Principal Consultant at Luxoft in Noida?
To be a Principal Consultant at Luxoft in Noida, the key skills required include:

  • - Test Cases
  • - Management
  • - Manual
  • - Core banking
  • - Project Planning

These skills are highly valued at Luxoft and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Luxoft for Principal Consultant in India?
Infosys ₹19.0 Lakhs to ₹46.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Luxoft, depending on the role and experience level.
What is the salary of a Principal Consultant in companies similar to Luxoft in Noida?
The salary of a Principal Consultant at companies similar to Luxoft in Noida varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro ₹15.7 Lakhs to ₹43.0 Lakhs per year
Birlasoft ₹12.0 Lakhs to ₹36.0 Lakhs per year
Oracle ₹13.0 Lakhs to ₹35.0 Lakhs per year
Genpact ₹11.8 Lakhs to ₹38.0 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 Consultant at Luxoft in Noida?
The salary growth for a Principal Consultant at Luxoft in Noida depends on factors such as experience, performance, and promotions. On average, a Principal Consultant in Noida can expect the following growth trajectory at Luxoft:

Experience Average Salary Range
14 years ₹32.0 Lakhs to ₹61.9 Lakhs per year
15 years ₹31.0 Lakhs to ₹36.2 Lakhs per year
and so on.

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Luxoft Principal Consultant salary in Noida ranges between ₹31 Lakhs to ₹36.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Luxoft latest salaries received from various employees of Luxoft.