Marsh McLennan Global Services Principal Engineer Salaries by 9 Employees (Updated 2024)

3 - 8 years exp.

₹12 Lakhs - ₹23 Lakhs

Salary of majority employees

47% less than the average Principal Engineer Salary in Financial Services Companies for 3 - 8 years of experience

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Last Updated: 9 Oct 2024

Companies similar to Marsh McLennan Global Services for Principal Engineer

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IBM Principal Engineer Salary 8 - 17 years exp. (15 salaries)	₹22.8 L/yr - ₹45 L/yr 130% more
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Wells Fargo Principal Engineer Salary 12 - 19 years exp. (46 salaries)	₹47 L/yr - ₹1.1 Cr/yr 310% more
Xyz Company Principal Engineer Salary 6 - 17 years exp. (23 salaries)	₹20.6 L/yr - ₹77.2 L/yr 163% more
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Mercer Principal Engineer Salary 5 - 8 years exp. (21 salaries)	₹9.5 L/yr - ₹18.7 L/yr 19% less	1 job opening
Morgan Stanley Principal Engineer Salary 7 - 13 years exp. (8 salaries)	₹22 L/yr - ₹38 L/yr 87% more
Deloitte Principal Engineer Salary 11 - 12 years exp. (4 salaries)	₹26.7 L/yr - ₹40.7 L/yr 104% more
JPMorgan Chase & Co. Principal Engineer Salary 7 - 18 years exp. (5 salaries)	₹21 L/yr - ₹40 L/yr 82% more
BNY Principal Engineer Salary 14 - 19 years exp. (4 salaries)	₹70 L/yr - ₹80 L/yr 338% more
American Express Principal Engineer Salary 10 - 13 years exp. (4 salaries)	₹50 L/yr - ₹94 L/yr 389% more	1 job opening
Citigroup Principal Engineer Salary 18 - 20 years exp. (4 salaries)	₹46 L/yr - ₹48 L/yr 182% more
Citicorp Principal Engineer Salary 9 - 12 years exp. (3 salaries)	₹28.4 L/yr - ₹36.8 L/yr 97% more
HSBC Group Principal Engineer Salary 10 - 18 years exp. (AmbitionBox Estimate)	₹39.6 L/yr - ₹50.6 L/yr 175% more

Principal Engineer salary at Marsh McLennan Global Services ranges between ₹12 Lakhs to ₹23 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Marsh McLennan Global Services.

Experience wise Marsh McLennan Global Services Principal Engineer salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹29.6 L/yr
4 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
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5 years (AmbitionBox Estimate)	₹12 L/yr - ₹23 L/yr
6 years (3 salaries)	₹15 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹16.8 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹20 L/yr

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Salary related reviews for Marsh McLennan Global Services

4.0

Rated by 2 employees for salary & benefits

Module Lead in Mumbai

Information Technology Department

1.0

• posted on 07 Jul 2022

1.0

for Salary and Benefits

Likes

Tried a lot to find out one that I could mention but there really isn't any.

Dislikes

Horrible work culture. A lot of hidden terms and conditions with salary and perks. My suggestions to everyone joining new to this firm would be to not include any benefits like LTA and car fuel, they adjust all of these from your salary. Just to boast they keep showing off about all such benefits which are nothing but traps. Management is horrible, they won't be aware of the work that you do and will favor old employees. There is a lot of favouritism and insecurity in old employees. They behave horribly and treat newbees like there personal servants. There is no sense of respect and dignity at all. People won't allow you to implement new ideas and won't share knowledge of the existing setup. Things are very unorganised and the local management just plays a pawn to the UK/US management. So nobody will even listen to you if you have complains. Worst part is that if you decide to leave the company even the HR will show you it's wicked face and would force you to leave earlier than the end of notice period ( You must not talk about the notice period payout for leaving early.) Even after leaving the firm the HR didn't add compensation against balance leaves. There are a lot many and many more. Do join if you want to get frustrated, depressed and unwelcomed. I won't even recommend this place to my enemies. Thank You

Operations Associate in Mumbai

Full Time

Other Department

5.0

• posted on 21 Apr 2023

3.0

for Salary and Benefits

Likes

Company Culture is good, Good Teammates Better Environment to work

Dislikes

... to managers posts with no process knowledge, Biases towards the team members, Less salary more load of work, Some managers made their unity they communicate and remove people from the process, If you are a person who will always be ready for a CHATUR & to gossip team talks with the managers secretly then only you'll be promoted or get spot rewards. Taking a stand for yourself means danger to yourself you can't give your opinions on anything.

Lead in Mumbai

Engineering - Software & QA Department

5.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Work life balance, great leadership, transparency, pay when hired is great

Dislikes

Only things I dislike is for the employees who have served long years (more than 5 yrs), compensation provided is too low as compared to the new hired ( eg: a lead serving 5 yrs has salary less than the newly hired analyst. This all employees shud be maintained at same level

Specialist in Mumbai

Full Time

Risk Management & Compliance Department

5.0

• posted on 10 Apr 2024

5.0

for Salary and Benefits

Likes

Annual awards and offsite picnics sponsored by the company ✨️ which I have not seen other companies doing it which i am gona miss a lot

Dislikes

Management support is not there for individual who are not part of the group or less communicative.

Director in Mumbai

Full Time

Strategic & Top Management Department

5.0

• posted on 25 Feb 2024

3.0

for Salary and Benefits

Likes

The company culture is amazing. You can reach out to anyone in the hierarchy and generally they are supportive. Great opportunities to learn new things. Lot of good people to interact with.

Dislikes

Sometimes, I don't get visibility on my career ahead and that creates helplessness. Right communication at right time is a challenge here.

see more salary related reviews

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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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Marsh McLennan Global Services Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Marsh McLennan Global Services?

Principal Engineer salary at Marsh McLennan Global Services in India ranges between ₹12.0 Lakhs to ₹23.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 47% less than the average Principal Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Marsh McLennan Global Services India.

How does the salary of a Principal Engineer at Marsh McLennan Global Services India compare with the average salary range for this job?

The average salary of a Principal Engineer at Marsh McLennan Global Services is 47% less than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh McLennan Global Services to a Principal Engineer in India?

American Express Principal Engineer Salary - ₹50.0 Lakhs to ₹94.0 Lakhs per year
BNY Principal Engineer Salary - ₹70.0 Lakhs to ₹80.0 Lakhs per year
Wells Fargo Principal Engineer Salary - ₹47.0 Lakhs to ₹106.0 Lakhs per year
Citigroup Principal Engineer Salary - ₹46.0 Lakhs to ₹48.0 Lakhs per year
HSBC Group Principal Engineer Salary - ₹39.6 Lakhs to ₹50.6 Lakhs per year

What is the salary of a Principal Engineer in companies similar to Marsh McLennan Global Services in India?

Xyz Company Principal Engineer Salary - ₹20.6 Lakhs to ₹77.2 Lakhs per year
IBM Principal Engineer Salary - ₹22.8 Lakhs to ₹45.0 Lakhs per year
Deloitte Principal Engineer Salary - ₹26.7 Lakhs to ₹40.7 Lakhs per year
HCLTech Principal Engineer Salary - ₹26.0 Lakhs to ₹45.0 Lakhs per year
Capgemini Principal Engineer Salary - ₹25.2 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Principal Engineer at Marsh McLennan Global Services in India?

The estimated take-home salary of a Principal Engineer at Marsh McLennan Global Services ranges between ₹1,12,362 per month to ₹1,15,483 per month in India. The take-home salary calculation is based on the average Marsh McLennan Global Services Principal Engineer salary in India which ranges between ₹12.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Marsh McLennan Global Services?

According to AmbitionBox, 100% of the Marsh McLennan Global Services Principal Engineers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Marsh McLennan Global Services Principal Engineer Salaries

Marsh McLennan Global Services Principal Engineer salary in India ranges between ₹12 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Marsh McLennan Global Services latest salaries received from various employees of Marsh McLennan Global Services.