Majesco Principal Solution Architect Salaries by 4 Employees

14 - 17 years exp.

₹28 Lakhs - ₹46 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Principal Solution Architect Salary in IT Services & Consulting Companies for 14 - 17 years of experience

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Last Updated: 8 Aug 2024

Companies similar to Majesco for Principal Solution Architect

Company name	Avg Annual Salary	Open Jobs
HERE Technologies Principal Solution Architect Salary 15 - 19 years exp. (3 salaries)	₹45 L/yr - ₹94 L/yr 89% more
Tech Mahindra Principal Solution Architect Salary 17 - 26 years exp. (154 salaries)	₹16.5 L/yr - ₹55 L/yr 12% more
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Oracle Principal Solution Architect Salary 11 - 22 years exp. (10 salaries)	₹28 L/yr - ₹42 L/yr 9% more	1 job opening
West Pharmaceutical Services Principal Solution Architect Salary 14 - 20 years exp. (7 salaries)	₹31.6 L/yr - ₹38 L/yr 6% more	1 job opening
Wipro Principal Solution Architect Salary 16 - 19 years exp. (6 salaries)	₹45 L/yr - ₹65 L/yr 70% more

Principal Solution Architect salary at Majesco ranges between ₹28 Lakhs to ₹46 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Majesco.

Experience wise Majesco Principal Solution Architect salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹28 L/yr - ₹59.3 L/yr
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15+ years (3 salaries)	₹28 L/yr - ₹46 L/yr

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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

Salary - Excellent

+6 more

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.

Salary - Good

+3 more

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.

Skill development - Good

+1 more

Dislikes

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

Salary - Poor

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

Skill development - Good

+3 more

Dislikes

- Salary hikes and promotions - Less onsite opportunities

Senior Leader Engineer (working remotely)

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

There are many opportunity for learning new things. As this is Insurance Product Company you will have opportunity to learn few things about Insurance Industry. Huge Product build with large number of technologies for different area of software.

Dislikes

Salary and appraisals are not satisfactory.

Promotions - Poor

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Salary Discussions, Hike & Promotions

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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Majesco Principal Solution Architect Salary FAQs

What is the salary of Principal Solution Architect at Majesco ?

The average salary of a Principal Solution Architect at Majesco in India typically ranges from ₹28.0 Lakhs to ₹46.0 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Principal Solution Architect at Majesco earn more than ₹46.0 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. Principal Solution Architect Salaries at Majesco 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 Majesco employees in India.

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

The estimated take-home salary of a Principal Solution Architect at Majesco in India typically ranges from ₹2,02,237 to ₹2,10,244 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹46.0 Lakhs per year for employees with experience ranging from 14 years to 17 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 Majesco. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Majesco for Principal Solution Architect in India?

HERE Technologies	₹45.0 Lakhs to ₹94.0 Lakhs per year
Wipro	₹45.0 Lakhs to ₹65.0 Lakhs per year
Tech Mahindra	₹16.5 Lakhs to ₹55.0 Lakhs per year
Oracle	₹28.0 Lakhs to ₹42.0 Lakhs per year
West Pharmaceutical Services	₹31.6 Lakhs to ₹38.0 Lakhs per year

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

How the salary growth look like for a Principal Solution Architect at Majesco in India?

The salary growth for a Principal Solution Architect at Majesco depends on factors such as experience, performance, and promotions. On average, a Principal Solution Architect can expect the following growth trajectory at Majesco:

Experience	Average Salary Range
14 years	₹28.0 Lakhs to ₹59.3 Lakhs per year
15 years	₹28.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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Majesco Principal Solution Architect Salaries

Majesco Principal Solution Architect salary in India ranges between ₹28 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Majesco latest salaries received from various employees of Majesco.