Magnasoft Consulting India Team Lead Salaries by 10 Employees

5 - 10 years exp.

₹3.5 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Team Lead Salary in IT Services & Consulting Companies for 5 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Research & Development Team Lead Salary 5 - 10 years exp. (4 salaries)	₹4 L/yr - ₹8.4 L/yr
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Engineering - Software & QA Team Lead Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.1 L/yr

Last Updated: 2 Oct 2024

Companies similar to Magnasoft Consulting India for Team Lead

Company name	Avg Annual Salary	Open Jobs
Newgen Software Technologies Team Lead Salary 3 - 8 years exp. (434 salaries)	₹7.1 L/yr - ₹23 L/yr 160% more
Clover Infotech Team Lead Salary 5 - 16 years exp. (271 salaries)	₹5.9 L/yr - ₹23.5 L/yr 143% more
Login to view exact salary
3i Infotech Team Lead Salary 1 - 14 years exp. (133 salaries)	₹2 L/yr - ₹8.5 L/yr 16% less	1 job opening
ITC Infotech Team Lead Salary 6 - 13 years exp. (131 salaries)	₹8.5 L/yr - ₹32 L/yr 275% more
Wipro Digital Team Lead Salary 3 - 13 years exp. (110 salaries)	₹4 L/yr - ₹14.2 L/yr 67% more
Lumina Datamatics Team Lead Salary 5 - 11 years exp. (98 salaries)	₹3 L/yr - ₹8.7 L/yr 6% more
NeoSOFT Team Lead Salary 6 - 13 years exp. (96 salaries)	₹8.1 L/yr - ₹27.6 L/yr 207% more
Sonata Software Team Lead Salary 6 - 13 years exp. (86 salaries)	₹7.3 L/yr - ₹27 L/yr 223% more
Prodapt Team Lead Salary 6 - 12 years exp. (66 salaries)	₹5 L/yr - ₹18.7 L/yr 110% more
Test Yantra Software Solutions Team Lead Salary 6 - 13 years exp. (61 salaries)	₹12 L/yr - ₹52.2 L/yr 424% more
KGISL Team Lead Salary 2 - 9 years exp. (49 salaries)	₹2 L/yr - ₹10.6 L/yr 4% more
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Happiest Minds Technologies Team Lead Salary 5 - 13 years exp. (42 salaries)	₹9.6 L/yr - ₹40 L/yr 304% more
Sify Technologies Team Lead Salary 2 - 12 years exp. (45 salaries)	₹2.4 L/yr - ₹10 L/yr 2% more
Koch Business Solutions Team Lead Salary 7 - 13 years exp. (41 salaries)	₹10.9 L/yr - ₹42.6 L/yr 368% more
Mastek Team Lead Salary 6 - 12 years exp. (38 salaries)	₹11 L/yr - ₹35 L/yr 332% more
Microland Team Lead Salary 6 - 13 years exp. (37 salaries)	₹5.1 L/yr - ₹15.4 L/yr 61% more
Binary Semantics Team Lead Salary 6 - 12 years exp. (37 salaries)	₹6.5 L/yr - ₹20 L/yr 116% more
Innominds Software Team Lead Salary 5 - 13 years exp. (32 salaries)	₹11 L/yr - ₹36 L/yr 259% more
Ninestars Information Technologies Team Lead Salary 0 - 11 years exp. (19 salaries)	₹1.1 L/yr - ₹4.5 L/yr 49% less
Bahwan CyberTek Team Lead Salary 4 - 11 years exp. (19 salaries)	₹7 L/yr - ₹21.9 L/yr 131% more

View all

Team Lead salary at Magnasoft Consulting India ranges between ₹3.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Magnasoft Consulting India.

Experience wise Magnasoft Consulting India Team Lead salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in Magnasoft Consulting India

Technical Lead Salary

(4 salaries)

₹5.1 L/yr - ₹10 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Top skills at Magnasoft Consulting India for Team Lead

Team Handling Team Leading Navisworks BIM Modeler Team Coordination People Management Skills REVIT Architecture AutoCAD REVIT Architecture Arc Map Architecture AutoCAD REVIT MEP GIS Interior Designing

Salary related reviews for Magnasoft Consulting India

3.1

Rated by 2 employees for salary & benefits

Design Engineer in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

...le who don't know anything about work. Language based discrimination he will do. Those who having knowledge will get less pay, those who knows how to take bucket they will get more salary. Lots of favorisom. Still management will believe that person only

Salary - Bad

+6 more

Cadd Designer in Hyderabad / Secunderabad

Full Time

Engineering - Hardware & Networks Department

2.0

• posted on 08 Aug 2023

2.0

for Salary and Benefits

Likes

Salary intime credited,you can do learn new softwares

Skill development - Excellent

Dislikes

...y,full night work, Worst behaviour of colleagues, Zero percentage job security, Salary growth is low,

Salary - Poor

+4 more

Chief Delivery Officer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Regular Salary payments & appraisals

Dislikes

Lack of trust on employees, lack of focus on organisational goals or strategy. Ever-changing directions and unpractical targets Lack of customer orientation and only focus on profits

Skill development - Poor

+4 more

Freelance Content Writer (working remotely)

Freelancer

Content, Editorial & Journalism Department

1.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Active response during pre joining period

Dislikes

They didn't pay for the work done, as told by them that " we don't let freelancers works without any payment even if they ask them to write something during their interview". During the contract period they will hang you that your work has flaws and need to be corrected after the review. However, they don't send any reviews or any such things instead they will not give you any payment in the end telling you that they didn't use your work. Overall, I won't recommend it to any freelancers depending on my experience. Others can try if it fits to them for sure.

Salary - Bad

+6 more

Senior Design Engineer in Bangalore / Bengaluru

Research & Development Department

3.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

Work culture and environment. Freshers have a good opportunity to learn the work.

Skill development - Good

Dislikes

Salary is decent and there is 2 years bond. No career growth and Rotational week off and working on weekends at month end.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magnasoft Consulting India Team Lead Salary FAQs

What is the salary of Team Lead at Magnasoft Consulting India ?

The average salary of a Team Lead at Magnasoft Consulting India in India typically ranges from ₹3.5 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Team Lead at Magnasoft Consulting India earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Team Lead Salaries at Magnasoft Consulting India 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 10 Magnasoft Consulting India employees in India.

What is the estimated take home salary of a Team Lead at Magnasoft Consulting India in India?

The estimated take-home salary of a Team Lead at Magnasoft Consulting India in India typically ranges from ₹42,501 to ₹43,629 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 5 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 10 salaries received from various employees of Magnasoft Consulting India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Lead at Magnasoft Consulting India ?

To be a Team Lead at Magnasoft Consulting India in india, the key skills required include:

- Team Handling
- Team Leading
- Navisworks
- BIM Modeler
- Team Coordination

These skills are highly valued at Magnasoft Consulting India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Magnasoft Consulting India for Team Lead in India?

Test Yantra Software Solutions	₹12.0 Lakhs to ₹52.2 Lakhs per year
Koch Business Solutions	₹10.9 Lakhs to ₹42.6 Lakhs per year
Aujas Cybersecurity-NuSummit company	₹15.2 Lakhs to ₹36.0 Lakhs per year
Mastek	₹11.0 Lakhs to ₹35.0 Lakhs per year
Happiest Minds Technologies	₹9.6 Lakhs to ₹40.0 Lakhs per year

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

What is the salary of a Team Lead in companies similar to Magnasoft Consulting India in India?

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

ITC Infotech	₹8.5 Lakhs to ₹32.0 Lakhs per year
Innominds Software	₹11.0 Lakhs to ₹36.0 Lakhs per year
Espire Infolabs	₹8.1 Lakhs to ₹27.0 Lakhs per year
Sonata Software	₹7.3 Lakhs to ₹27.0 Lakhs per year
Maveric Systems	₹7.4 Lakhs to ₹31.4 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 Team Lead at Magnasoft Consulting India in India?

The salary growth for a Team Lead at Magnasoft Consulting India depends on factors such as experience, performance, and promotions. On average, a Team Lead can expect the following growth trajectory at Magnasoft Consulting India:

Experience	Average Salary Range
5 years	₹4.0 Lakhs to ₹9.5 Lakhs per year
6 years	₹3.5 Lakhs to ₹9.9 Lakhs per year
7 years	₹5.2 Lakhs to ₹7.4 Lakhs per year
8 years	₹3.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Magnasoft Consulting India Team Lead Salaries

Magnasoft Consulting India Team Lead salary in India ranges between ₹3.5 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Magnasoft Consulting India latest salaries received from various employees of Magnasoft Consulting India.