Magnit Team Lead Salaries by Employees (Updated 2025)

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₹11.3 Lakhs - ₹14.5 Lakhs

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Salary of majority employees

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Last Updated: 14 Dec 2024

Companies similar to Magnit for Team Lead

Company name	Avg Annual Salary	Open Jobs
Accenture Team Lead Salary 4 - 14 years exp. (24.1k salaries)	₹7 L/yr - ₹25.3 L/yr 31% more
TCS Team Lead Salary 2 - 18 years exp. (7.9k salaries)	₹3.4 L/yr - ₹14 L/yr 34% less	1 job opening
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Cognizant Team Lead Salary 1 - 18 years exp. (7.2k salaries)	₹5.2 L/yr - ₹18 L/yr 20% less	4 job openings
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JPMorgan Chase & Co. Team Lead Salary 0 - 15 years exp. (5.4k salaries)	₹5.5 L/yr - ₹16.5 L/yr 14% less	3 job openings
Tech Mahindra Team Lead Salary 1 - 16 years exp. (4.9k salaries)	₹5.1 L/yr - ₹16.7 L/yr 15% less	1 job opening
Capgemini Team Lead Salary 3 - 18 years exp. (3.8k salaries)	₹4.7 L/yr - ₹17.8 L/yr 20% less
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Infosys Team Lead Salary 4 - 15 years exp. (2.7k salaries)	₹5 L/yr - ₹21 L/yr 3% less
IBM Team Lead Salary 4 - 16 years exp. (2.4k salaries)	₹8.5 L/yr - ₹25 L/yr 13% more
HCLTech Team Lead Salary 2 - 15 years exp. (2.1k salaries)	₹5.7 L/yr - ₹23 L/yr 7% more
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Infosys BPM Team Lead Salary 4 - 15 years exp. (2.1k salaries)	₹3 L/yr - ₹11.5 L/yr 48% less
Concentrix Corporation Team Lead Salary 1 - 13 years exp. (1.5k salaries)	₹1.8 L/yr - ₹10.1 L/yr 55% less	1 job opening
Reliance Retail Team Lead Salary 0 - 12 years exp. (1.4k salaries)	₹1.1 L/yr - ₹6.5 L/yr 73% less
LTIMindtree Team Lead Salary 6 - 15 years exp. (1.2k salaries)	₹7.4 L/yr - ₹32 L/yr 47% more
Amazon Team Lead Salary 0 - 13 years exp. (1.2k salaries)	₹2.8 L/yr - ₹12 L/yr 44% less
Genpact Team Lead Salary 3 - 14 years exp. (1.2k salaries)	₹2 L/yr - ₹10 L/yr 47% less
BYJU'S Team Lead Salary 0 - 9 years exp. (1.1k salaries)	₹4 L/yr - ₹13.5 L/yr 36% less
ICICI Bank Team Lead Salary 0 - 13 years exp. (848 salaries)	₹0.7 L/yr - ₹8 L/yr 61% less
Ernst & Young Team Lead Salary 5 - 12 years exp. (561 salaries)	₹5.9 L/yr - ₹21 L/yr 2% more

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Team Lead salary at Magnit ranges between ₹11.3 Lakhs to ₹14.5 Lakhs per year for employees with 8 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magnit.

Similar Designation salaries in Magnit

Analyst Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Junior Assistant Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Team Leader Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.2 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Operations Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for Magnit

Client Services Consultant in Bangalore / Bengaluru

Full Time

Human Resources Department

2.0

• posted on 15 Feb 2023

3.0

for Salary and Benefits

Likes

Magnit Pays well when you join. However do not expect good hike later.

Dislikes

Worst Vendor Management System(WAND) in the industry. Plenty of bugs and unnecessary complexity. Despite the designations, there are few employees in India who influence decision making significantly. Tenure at Magnit will be pleasant only if you succeed in getting in to their good books (Even if you report to someone outside India). Most of the decisions are biased and not transparent. There is no dedicated in house HR team for India.

Accounting Support II in Chennai

Contractual

Other Department

5.0

• posted on 17 Oct 2024

4.0

for Salary and Benefits

Likes

It's good company to work. We can work and collaborate with team for any issues and company also will take care of all employees. Taking care of employees travelling for secure journey and we'll protection to female employee with guard during the travelling. Compare to other companies it's 200% good for learning and team collaborations, entertainment and all areas.

Dislikes

Only issue is they appointed as externals for 6 months. I suggested to secure the job because all are doing work for generating money but after this 6 months no surety for job. Then we need to search job and its difficult now a days. So pls appoint the external employees as permanent position because their thoughts is always 6 month.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Magnit Team Lead Salary FAQs

What is the notice period for Team Lead at Magnit?

According to AmbitionBox, 100% of the Magnit Team Leads reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magnit Team Lead Salaries

Magnit Team Lead salary in India ranges between ₹11.3 Lakhs to ₹14.5 Lakhs. This is an estimate based on latest salaries received from employees of Magnit.