Macquarie Group Test Lead Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹20 Lakhs - ₹23 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% more than the average Test Lead Salary in Financial Services Companies for 7 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Test Lead Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹23 L/yr
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IT & Information Security Test Lead Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹23.1 L/yr

Last Updated: 30 Jan 2025

Companies similar to Macquarie Group for Test Lead

Company name	Avg Annual Salary	Open Jobs
BNP Paribas Test Lead Salary 8 - 14 years exp. (57 salaries)	₹10.4 L/yr - ₹21.2 L/yr 20% less
JPMorgan Chase & Co. Test Lead Salary 5 - 16 years exp. (42 salaries)	₹8.5 L/yr - ₹31 L/yr 17% less
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Citicorp Test Lead Salary 7 - 13 years exp. (38 salaries)	₹13.2 L/yr - ₹27 L/yr 2% less
Wells Fargo Test Lead Salary 8 - 13 years exp. (35 salaries)	₹11.4 L/yr - ₹28 L/yr 8% less
Fidelity International Test Lead Salary 9 - 12 years exp. (34 salaries)	₹20 L/yr - ₹37 L/yr 37% more
UBS Test Lead Salary 7 - 13 years exp. (28 salaries)	₹15.4 L/yr - ₹32.5 L/yr 4% more
Fidelity Investments Test Lead Salary 7 - 12 years exp. (16 salaries)	₹11 L/yr - ₹27.4 L/yr 2% less
Marsh McLennan Test Lead Salary 7 - 13 years exp. (11 salaries)	₹10.9 L/yr - ₹24.6 L/yr 21% less
Commonwealth Bank of Australia, India Test Lead Salary 8 - 14 years exp. (10 salaries)	₹18 L/yr - ₹30 L/yr 22% more
Sun Life Financial Test Lead Salary 2 - 13 years exp. (8 salaries)	₹10.1 L/yr - ₹17 L/yr 38% less
State Street Corporation Test Lead Salary 7 - 10 years exp. (7 salaries)	₹12.7 L/yr - ₹28 L/yr 4% more
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Aon Test Lead Salary 11 - 15 years exp. (5 salaries)	₹11 L/yr - ₹17 L/yr 37% less
Ameriprise Financial Test Lead Salary 7 - 9 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 21% less
MassMutual Test Lead Salary 9 - 11 years exp. (5 salaries)	₹19.1 L/yr - ₹27.8 L/yr 13% more
TIAA Global Business Services Test Lead Salary 5 - 12 years exp. (4 salaries)	₹9.1 L/yr - ₹13.5 L/yr 47% less
Morgan Stanley Test Lead Salary 8 years exp. (4 salaries)	₹10 L/yr - ₹27 L/yr 19% less
ANZ Operations & Technology Test Lead Salary 4 - 12 years exp. (4 salaries)	₹9.5 L/yr - ₹21 L/yr 33% less
American Express Test Lead Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹14 L/yr 51% less

Test Lead salary at Macquarie Group ranges between ₹20 Lakhs to ₹23 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 Macquarie Group.

Experience wise Macquarie Group Test Lead salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
8 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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9 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
10 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

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Test Analyst Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

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Test Engineer Salary

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₹6.3 L/yr - ₹8 L/yr

QA Engineer Salary

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₹14 L/yr - ₹17.8 L/yr

Manual Tester Salary

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₹2.3 L/yr - ₹3 L/yr

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Senior Engineer Salary

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₹5.36 L/yr - ₹8.73 L/yr

Senior Test Analyst Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Associate Salary

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Senior Test Engineer Salary

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Salary related reviews for Macquarie Group

1.0

Rated by 1 employees for salary & benefits

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 14 Feb 2023

4.0

for Salary and Benefits

Likes

Good Pay/bonuses, Culture, Amazing function-wide events

Salary - Good

+3 more

Dislikes

Zero work life balance, Extended shift hours, Monotonous work, Very less focus to enhance technical skills, Very process oriented work, Poor cab service. Great as a first job to do for a year or so, nothing more.

Skill development - Poor

+2 more

Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

2.0

• posted on 14 Jan 2025

2.0

for Salary and Benefits

Likes

Work timings are great

Company culture - Good

+1 more

Dislikes

... to book a day advance , sometimes you get sometimes not. Appraisal is not good. Bonus is too little. Appraisal Plus Bonus does not make difference. Appraisal Amt gets credited very late around in 4-5 months. Lifts take hell lot of time. Leadership keep on revolving whether it is good or bad. Good Leadership should stay but after period of time they also move in some other group. Which makes group unstable.

Salary - Poor

+4 more

Senior Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 02 May 2024

2.0

for Salary and Benefits

Likes

Salary on time. Trying to follow MNC culture

Dislikes

Job Security is not there Really bad Business scenario Turbulent and unstable HR and Strategic decision making Typical qualities of sledging and extensive pressure for meeting illogical deadlines

Salary - Poor

+6 more

Assistant Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

Free lunch.

Dislikes

...oining is resolved. - No transport and even parking not available for employees. They take approx 50k from your salary for year if you opt for parking and that too have waiting. - Special advisory for graduate hires please do not ruin your career starting with Macquarie there is nothing to learn here.

Salary - Poor

+6 more

Access Management in Gurgaon / Gurugram

Full Time

IT & Information Security Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...tunity ,teammates are supportive and the management free meal facility @3 time .increment and good salary growth .

Salary - Excellent

+6 more

Dislikes

I dislike less interaction, and communication gap between team also not provide cab benefit for contractor

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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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Macquarie Group Test Lead Salary FAQs

What is the salary of Test Lead at Macquarie Group ?

The average salary of a Test Lead at Macquarie Group in India typically ranges from ₹20.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Test Lead at Macquarie Group earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Test Lead Salaries at Macquarie Group 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 Macquarie Group employees in India.

What is the estimated take home salary of a Test Lead at Macquarie Group in India?

The estimated take-home salary of a Test Lead at Macquarie Group in India typically ranges from ₹1,38,417 to ₹1,43,539 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹23.0 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 Macquarie Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Macquarie Group for Test Lead in India?

Fidelity International	₹20.0 Lakhs to ₹37.0 Lakhs per year
Commonwealth Bank of Australia, India	₹18.0 Lakhs to ₹30.0 Lakhs per year
MassMutual	₹19.1 Lakhs to ₹27.8 Lakhs per year
UBS	₹15.4 Lakhs to ₹32.5 Lakhs per year
State Street Corporation	₹12.7 Lakhs to ₹28.0 Lakhs per year

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

What is the salary of a Test Lead in companies similar to Macquarie Group in India?

The salary of a Test Lead at companies similar to Macquarie Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹13.2 Lakhs to ₹27.0 Lakhs per year
Fidelity Investments	₹11.0 Lakhs to ₹27.4 Lakhs per year
Wells Fargo	₹11.4 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹8.5 Lakhs to ₹31.0 Lakhs per year
Morgan Stanley	₹10.0 Lakhs to ₹27.0 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 Test Lead at Macquarie Group in India?

The salary growth for a Test Lead at Macquarie Group depends on factors such as experience, performance, and promotions. On average, a Test Lead can expect the following growth trajectory at Macquarie Group:

Experience	Average Salary Range
7 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
8 years	₹18.9 Lakhs to ₹24.2 Lakhs per year
9 years	₹18.9 Lakhs to ₹24.2 Lakhs per year
10 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Macquarie Group Test Lead Salaries

Macquarie Group Test Lead salary in India ranges between ₹20 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Macquarie Group latest salaries received from various employees of Macquarie Group.