Mastek Ahmedabad Principal Consultant Salaries by 10+ Employees

7 - 12 years exp.

₹15 Lakhs - ₹30 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Principal Consultant Salary in IT Services & Consulting Companies for 7 - 12 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Consultant Salary 7 - 11 years exp. (5 salaries)	₹15 L/yr - ₹30 L/yr
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Consulting Principal Consultant Salary 10 - 12 years exp. (3 salaries)	₹21.5 L/yr - ₹25.7 L/yr

Last Updated: 21 Aug 2024

Companies similar to Mastek for Principal Consultant in Ahmedabad

Mastek Principal Consultant Salary

7 - 12 years exp. (12 salaries)

₹15 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
KNOWARTH Technologies Principal Consultant Salary 12 - 14 years exp. (3 salaries)	₹20 L/yr - ₹26 L/yr 4% more
4C Consulting Principal Consultant Salary 4 - 6 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 75% less
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Aarchik Solutions Principal Consultant Salary 18 - 22 years exp. (3 salaries)	₹13 L/yr - ₹18.8 L/yr 25% less
Evolutionary Systems Principal Consultant Salary 7 - 9 years exp. (3 salaries)	₹15.4 L/yr - ₹24 L/yr 8% less
Mott MacDonald Principal Consultant Salary 12 - 14 years exp. (3 salaries)	₹15 L/yr - ₹18.2 L/yr 20% less

Principal Consultant salary at Mastek ranges between ₹15 Lakhs to ₹30 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 12 latest salaries received from various employees of Mastek.

Latest annual salaries shared by Mastek Principal Consultant in Ahmedabad

7mo ago

₹15 Lakhs

10 years exp.

1y ago

₹24.7 Lakhs

12 years exp.

1y ago

₹25.7 Lakhs

10 years exp.

1y ago

₹16 Lakhs

9 years exp.

1y ago

₹15 Lakhs

9 years exp.

1y ago

7 years exp.

1y ago

9 years exp.

1y ago

9 years exp.

1y ago

10 years exp.

1y ago

8 years exp.

Experience wise Mastek Principal Consultant salaries in Ahmedabad

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹26.9 L/yr
8 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
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9 years (4 salaries)	₹15 L/yr - ₹23 L/yr
10 years (3 salaries)	₹15 L/yr - ₹25.7 L/yr
11 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.5 L/yr
12 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr

View all

Similar Designation salaries in Mastek

Associate Consultant Salary

(142 salaries)

₹2.55 L/yr - ₹9 L/yr

Senior Consultant Salary

(15 salaries)

₹8.5 L/yr - ₹21.5 L/yr

Lead Consultant Salary

(3 salaries)

₹13.5 L/yr - ₹17.2 L/yr

Salary related reviews for Mastek

1.9

Rated by 2 employees for salary & benefits

Associate Consultant in Ahmedabad

Full Time

Consulting Department

1.0

• posted on 15 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing, Worst of worst company If you to want to ruin your life, then go ahead n join this beautiful organization.

Dislikes

...basically you will be working hard to keep this job. "There is no job security." and on top of all this, there is 3-5% hike if you are a star performer or no hike at all. Dont know how this company still has a rating of 3+ in all the categories -> Mostly like other struggling companies-seems like even this beautiful organizations HR are busy in giving fake ratings to their wonderful organization. Also, everytime you have to go and beg for projects if you are a fresher and if you dont get any projects they will ask you to put down the papers. To be very frank - getting a project is very competitive as the so called skill is not at all tough to learn or master. it all comes down to how good you are at begging. If you dont believe me - go ahead and attend their interview process - you will understand how unprofessionalistic they are when it comes to the recruitment process.

Salary - Bad

+6 more

Associate Consultant in Ahmedabad

Full Time

Consulting Department

1.0

• posted on 25 Jun 2024

1.0

for Salary and Benefits

Likes

Women Leadership It is a safe place for women

Dislikes

...asked them to fail her which eventually let her getting terminated from the job. About salary - it varies based on your skill set and your profile Hike - 2 to 3 % if your appraisal meeting goes well or no hike at all...XD Promotion - They follow "Up or Out" culture

Salary - Bad

+6 more

Senior Consultant in Ahmedabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 02 Mar 2023

3.0

for Salary and Benefits

Likes

Oracle business AD team is really good, leaders are supportive and friendly. If you want to make your career as Oracle Consultant or Oracle Technical Consultant, it is the best place for you, lots of learning will be there.

Skill development - Good

+1 more

Dislikes

After Mastek acquired Evosys the salary hikes stopped which is the major reason many experienced and knowledgeable employees are leaving the company.

Company culture - Poor

Software Engineer in Navi Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

Dislikes

no growth in Mastek as well as salary management is not good they think t they will be placing you on any role irrespective of the training you got in mastek if you are on bench they will tell you to resign from company worst appraisals

Salary - Bad

+4 more

Associate Consultant in Ahmedabad

Full Time

Consulting Department

3.0

• posted on 05 Oct 2022

4.0

for Salary and Benefits

Likes

Good compensation. Supportive senior management. Training on live project.

Salary - Good

Dislikes

It's mandatory for freshers/new joinee to work from Ahmedabad Office. Fresher can be fired any time based on the availability of project or based on their training review.

Job security - Poor

see more salary related reviews

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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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Mastek Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Mastek in Ahmedabad?

The average salary of a Principal Consultant at Mastek in Ahmedabad typically ranges from ₹15.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Principal Consultant in Ahmedabad at Mastek earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Principal Consultant Salaries at Mastek 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 10+ Mastek employees in India.

What is the estimated take home salary of a Principal Consultant at Mastek in Ahmedabad?

The estimated take-home salary of a Principal Consultant at Mastek in Ahmedabad typically ranges from ₹1,44,287 to ₹1,49,675 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 10+ salaries received from various employees of Mastek. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mastek for Principal Consultant in India?

KNOWARTH Technologies

₹20.0 Lakhs to ₹26.0 Lakhs per year

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

What is the salary of a Principal Consultant in companies similar to Mastek in Ahmedabad?

The salary of a Principal Consultant at companies similar to Mastek in Ahmedabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Evolutionary Systems	₹15.4 Lakhs to ₹24.0 Lakhs per year
Mott MacDonald	₹15.0 Lakhs to ₹18.2 Lakhs per year
Aarchik Solutions	₹13.0 Lakhs to ₹18.8 Lakhs per year
4C Consulting	₹5.0 Lakhs to ₹6.3 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 Principal Consultant at Mastek in Ahmedabad?

The salary growth for a Principal Consultant at Mastek in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Principal Consultant in Ahmedabad can expect the following growth trajectory at Mastek:

Experience	Average Salary Range
7 years	₹21.1 Lakhs to ₹26.9 Lakhs per year
8 years	₹20.8 Lakhs to ₹26.6 Lakhs per year
9 years	₹15.0 Lakhs to ₹23.0 Lakhs per year
10 years	₹15.0 Lakhs to ₹25.7 Lakhs per year

and so on.

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Mastek Principal Consultant Salaries in Ahmedabad

Mastek Principal Consultant salary in Ahmedabad ranges between ₹15 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Mastek latest salaries received from various employees of Mastek.