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Magnasoft Consulting India Team Lead salaries in Bangalore / Bengaluru

Annual salary range
5 - 10 years exp.
₹4 Lakhs - ₹8.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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36% 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

Last Updated: 18 Jul 2024

Companies similar to Magnasoft Consulting India for Team Lead in Bangalore / Bengaluru

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Magnasoft Consulting India Team Lead Salary

5 - 10 years exp. (5 salaries)

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₹4 L/yr - ₹8.4 L/yr

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Innominds Software Team Lead Salary

9 - 13 years exp. (6 salaries)

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Team Lead salary at Magnasoft Consulting India ranges between ₹4 Lakhs to ₹8.4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Magnasoft Consulting India.

Latest annual salaries shared by Magnasoft Consulting India Team Lead in Bangalore / Bengaluru

8mo ago
₹7.5 Lakhs
8 years exp.
1y ago
₹8.4 Lakhs
10 years exp.

Experience wise Magnasoft Consulting India Team Lead salaries in Bangalore / Bengaluru

Last Updated: 18 Jul 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
View all

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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

5.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Bad
  • +6 more

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,

read more
  • Salary - Poor
  • +4 more

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

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
see more salary related reviews

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Magnasoft Consulting India Team Lead Salary FAQs

What is the salary of Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru?
The average salary of a Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru typically ranges from ₹4.0 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Team Lead in Bangalore / Bengaluru at Magnasoft Consulting India earn more than ₹8.4 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 5 Magnasoft Consulting India employees in India.
What is the estimated take home salary of a Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru?
The estimated take-home salary of a Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru typically ranges from ₹46,202 to ₹47,298 per month. This is based on the average salary range of ₹4.0 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 5 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 in Bangalore / Bengaluru?
To be a Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru, 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?
Happiest Minds Technologies ₹16.5 Lakhs to ₹52.0 Lakhs per year
Test Yantra Software Solutions ₹15.0 Lakhs to ₹34.1 Lakhs per year
Mastek ₹11.3 Lakhs to ₹32.0 Lakhs per year
Koch Business Solutions ₹9.4 Lakhs to ₹39.0 Lakhs per year
ITC Infotech ₹20.5 Lakhs to ₹35.0 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 Bangalore / Bengaluru?
The salary of a Team Lead at companies similar to Magnasoft Consulting India in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Innominds Software ₹16.0 Lakhs to ₹34.3 Lakhs per year
Sonata Software ₹9.9 Lakhs to ₹27.0 Lakhs per year
Maveric Systems ₹14.5 Lakhs to ₹24.0 Lakhs per year
Wipro Digital ₹7.7 Lakhs to ₹17.2 Lakhs per year
Prodapt ₹6.0 Lakhs to ₹17.5 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 Bangalore / Bengaluru?
The salary growth for a Team Lead at Magnasoft Consulting India in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Team Lead in Bangalore / Bengaluru can expect the following growth trajectory at Magnasoft Consulting India:

Experience Average Salary Range
5 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
6 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
8 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

Magnasoft Consulting India Team Lead salary in Bangalore / Bengaluru ranges between ₹4 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magnasoft Consulting India latest salaries received from various employees of Magnasoft Consulting India.