Majesco Principal Consultant Salaries by 4 Employees (Updated 2024)

12 - 20 years exp.

₹22 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

At par with the average Principal Consultant Salary in IT Services & Consulting Companies for 12 - 20 years of experience

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Last Updated: 19 Jul 2023

Companies similar to Majesco for Principal Consultant

Company name	Avg Annual Salary	Open Jobs
TCS Principal Consultant Salary 15 - 26 years exp. (40 salaries)	₹22 L/yr - ₹89 L/yr 90% more
Infosys Principal Consultant Salary 12 - 25 years exp. (2.4k salaries)	₹15.6 L/yr - ₹51 L/yr 29% more	2 job openings
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Wipro Principal Consultant Salary 8 - 22 years exp. (2k salaries)	₹14 L/yr - ₹43 L/yr 7% more	1 job opening
Tech Mahindra Principal Consultant Salary 15 - 25 years exp. (209 salaries)	₹14 L/yr - ₹55 L/yr 27% more
HCLTech Principal Consultant Salary 10 - 20 years exp. (33 salaries)	₹21.5 L/yr - ₹45 L/yr 27% more
LTIMindtree Principal Consultant Salary 11 - 19 years exp. (117 salaries)	₹16 L/yr - ₹51 L/yr 16% more
Persistent Systems Principal Consultant Salary 10 - 23 years exp. (15 salaries)	₹32 L/yr - ₹50 L/yr 50% more
Hexaware Technologies Principal Consultant Salary 15 - 21 years exp. (70 salaries)	₹20 L/yr - ₹41.5 L/yr 26% more
Evalueserve Principal Consultant Salary 9 - 17 years exp. (54 salaries)	₹19 L/yr - ₹45 L/yr 16% more	1 job opening
Wipro Digital Principal Consultant Salary 9 - 18 years exp. (53 salaries)	₹19 L/yr - ₹35 L/yr 10% more
Tietoevry Principal Consultant Salary 10 - 19 years exp. (51 salaries)	₹17 L/yr - ₹36 L/yr 8% more
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HTC Global Services Principal Consultant Salary 8 - 19 years exp. (24 salaries)	₹13 L/yr - ₹25 L/yr 28% less
TEKsystems Principal Consultant Salary 8 - 15 years exp. (14 salaries)	₹13.5 L/yr - ₹25 L/yr 27% less
Altimetrik Principal Consultant Salary 12 - 16 years exp. (6 salaries)	₹18 L/yr - ₹31.5 L/yr 9% less
Slk Software Services Principal Consultant Salary 14 - 15 years exp. (3 salaries)	₹16 L/yr - ₹28 L/yr 11% less

Principal Consultant salary at Majesco ranges between ₹22 Lakhs to ₹30 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Majesco.

Experience wise Majesco Principal Consultant salaries

Last Updated: 19 Jul 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹22 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹27.1 L/yr
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14 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹28.2 L/yr
15+ years (AmbitionBox Estimate)	₹11.2 L/yr - ₹30 L/yr

Similar Designation salaries in Majesco

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Senior Consultant Salary

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Lead Consultant Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Technical Architect Salary

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₹17.2 L/yr - ₹36 L/yr

Technical Lead Salary

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₹11.35 L/yr - ₹24 L/yr

Technical Manager Salary

(3 salaries)

₹28.3 L/yr - ₹33 L/yr

Senior Associate Salary

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₹5.4 L/yr - ₹13 L/yr

Principal Software Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Technical Specialist Salary

(16 salaries)

₹14 L/yr - ₹27.35 L/yr

Project Lead Salary

(13 salaries)

₹15 L/yr - ₹20 L/yr

Salary related reviews for Majesco

Lead Engineer in Pune

Engineering - Software & QA Department

4.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Work form home 1st policy

Dislikes

Basic salary components pay very less than other. Basic salary components shuld be more so which get more benifits for employee PF contribution . PF contribution of company is less because of less basic salary

Software Engineer in Navi Mumbai

Engineering - Software & QA Department

4.0

• posted on 09 Sep 2021

4.0

for Salary and Benefits

Likes

Work life balance depends on the project you are working in Emoloyee friendly policies,flexible working hours.

Dislikes

Salary hike is less Micromanagement exists Also coordination is less and people most of the time won't entertain you.

Software Engineer in Navi Mumbai

Engineering - Software & QA Department

4.0

• posted on 14 Jan 2021

2.0

for Salary and Benefits

Likes

...ops only 3 laptops in a team of 20 people is provided which is very bad ratio. No hike even if companies profits released were so high and all higher management expect 0 defect count for support activity when growth in terms of package is 0 Company appraisal cycle is too much demanding from resource and in return the growth is 0 from last 2 years 19-20 and now growth in 21 will be effective from July 2021 which again another half year delay.

Dislikes

Surprise increments of few people who are in continuous contact with higher management without any incrememt cycle.

Program Manager (working remotely)

Full Time

Project & Program Management Department

4.0

• posted on 30 Jun 2024

3.0

for Salary and Benefits

Likes

Company Culture & Vision for Growth Healthy work environment.

Dislikes

Work life balance could be better. Shared resources across multiple projects. Apart from yearly increment, please also provide additional bonus on the basis of performance.

Test Analyst in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jul 2023

3.0

for Salary and Benefits

Likes

- Good client base - Aggressive in the market capture - Technology driven development and always inclined to adapt new tech - Good opportunities to grow - Flexible timings - Recognitions

Dislikes

- Salary hikes and promotions - Less onsite opportunities

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Majesco Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Majesco?

Principal Consultant salary at Majesco in India ranges between ₹22.0 Lakhs to ₹30.0 Lakhs for experience between 12 years to 20 years. According to our estimates it is 4% less than the average Principal Consultant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Majesco India.

How does the salary of a Principal Consultant at Majesco India compare with the average salary range for this job?

The average salary of a Principal Consultant at Majesco is 4% less than the average salary of a Principal Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Majesco to a Principal Consultant in India?

TCS Principal Consultant Salary - ₹22.0 Lakhs to ₹89.0 Lakhs per year
Persistent Systems Principal Consultant Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year
Infosys Principal Consultant Salary - ₹15.6 Lakhs to ₹51.0 Lakhs per year
HCLTech Principal Consultant Salary - ₹21.5 Lakhs to ₹45.0 Lakhs per year
Tech Mahindra Principal Consultant Salary - ₹14.0 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Principal Consultant in companies similar to Majesco in India?

Hexaware Technologies Principal Consultant Salary - ₹20.0 Lakhs to ₹41.5 Lakhs per year
LTIMindtree Principal Consultant Salary - ₹16.0 Lakhs to ₹51.0 Lakhs per year
Evalueserve Principal Consultant Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year
Wipro Digital Principal Consultant Salary - ₹19.0 Lakhs to ₹35.0 Lakhs per year
Tietoevry Principal Consultant Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year

What is the estimated take home salary of a Principal Consultant at Majesco in India?

The estimated take-home salary of a Principal Consultant at Majesco ranges between ₹1,66,123 per month to ₹1,72,497 per month in India. The take-home salary calculation is based on the average Majesco Principal Consultant salary in India which ranges between ₹22.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Principal Consultant at Majesco?

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

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Majesco Principal Consultant Salaries

Majesco Principal Consultant salary in India ranges between ₹22 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Majesco latest salaries received from various employees of Majesco.