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MeritTrac Principal Engineer salaries in Bangalore / Bengaluru

Annual salary range
8 - 10 years exp.
₹6 Lakhs - ₹14 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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76% less than the average Principal Engineer Salary in EdTech Companies for 8 - 10 years of experience

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Last Updated: 28 Jul 2023

Companies similar to MeritTrac for Principal Engineer in Bangalore / Bengaluru

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MeritTrac Principal Engineer Salary

8 - 10 years exp. (5 salaries)

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₹6 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HARMAN Principal Engineer Salary

8 - 16 years exp. (400 salaries)

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₹15 L/yr - ₹51.1 L/yr

arrow icon 294% more
8 job openings
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Western Digital Principal Engineer Salary

8 - 15 years exp. (169 salaries)

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₹20 L/yr - ₹59 L/yr

arrow icon 386% more
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Wissen Technology Principal Engineer Salary

6 - 11 years exp. (134 salaries)

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₹16 L/yr - ₹42 L/yr

arrow icon 270% more
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Oracle Principal Engineer Salary

9 - 16 years exp. (134 salaries)

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₹17.4 L/yr - ₹65 L/yr

arrow icon 355% more
2 job openings
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Dell Principal Engineer Salary

9 - 17 years exp. (129 salaries)

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₹18 L/yr - ₹55 L/yr

arrow icon 309% more
2 job openings
Principal Engineer salary at MeritTrac ranges between ₹6 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of MeritTrac.

Latest annual salaries shared by MeritTrac Principal Engineer in Bangalore / Bengaluru

1y ago
₹14 Lakhs
8 years exp.

Experience wise MeritTrac Principal Engineer salaries in Bangalore / Bengaluru

Last Updated: 28 Jul 2023

Experience Avg Annual Salary
8 years  (3 salaries)

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₹6 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.8 L/yr

Similar Designation salaries in MeritTrac

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₹4.8 L/yr - ₹16 L/yr
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₹4.8 L/yr - ₹9.17 L/yr

Salary related reviews for MeritTrac

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 26 May 2022

2.0
 for  Salary and Benefits

Likes

Work culture is good. People are co-operative.

  • Job security - Good

Dislikes

They have pay-parity. There is no uniformity in compensation based on experience and ability. They dont seem to have pay bands based on designations. A person at higher designation can be paid lower than a person at higher designation. There is no growth opportunities. No sill development trainings are ever conducted.

read more
  • Salary - Poor
  • +3 more

Finance & Accounting Department

5.0
  •  posted on 31 May 2022

3.0
 for  Salary and Benefits

Likes

I'm working for them more than 8 year , during all these years I learned many things regarding online and offline assessments, lots of experience ,memories and many more with this company.

read more
  • Skill development - Good
  • +1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high at readiness day and mock day. Don't know about other hub but payment structure of east hub is very poor, now a days expenses are received after the event . I'm Tushar Debnath working as a resources of Merittrac Services (KOLKATA) from 2013 to 2021, they will promise that after 45 days you will receive your payment regarding your work but they failed, again an again.

read more
  • Job security - Poor

Consulting Department

1.0
  •  posted on 26 Jul 2020

2.0
 for  Salary and Benefits

Likes

...upport to the event coordinator at all. Who work day and night through the year. Even I got salary r compensation after gap of 3to 7 months gap. Though we are working hard keeping company interest at top. But no job security. No experience letter. Nothing ever not got my full payment yet. No support even when I ask Mr Ravi and some of my manager whom under I was working they reply I will see.

read more
  • Skill development - Excellent

Dislikes

They not respect who work day and night .they only show nonsense sympathy. They will never encourage u. They only know how to get work from u. After that event coordinator are useless for them. If u fall in their foot they only at that time.laugh and act like shameless. People.

read more
  • Salary - Poor
  • +5 more

Banking & Finance Department

4.0
  •  posted on 23 Apr 2022

3.0
 for  Salary and Benefits

Likes

work environment is good and it is very use full for the freshers and how to improve communication skills and how to coordinate with team easy to learn everything in merittrack.it is very uselfull for the career growth for freshers.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

teammmates are very good and they are communicate each and every persons.and one issue is there salary it is based on weekends little bit hike the salarey very usefull to the candidates and they are more intresting to doing these jobs

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 05 Sep 2023

4.0
 for  Salary and Benefits

Likes

Team Leads are Very much supportive, Makes you feel like a family when your a part of Tech Team. Work logic are simple when Your putting your efforts to the most. Team wont give up so easily on you with the higher management.

read more
  • Salary - Good
  • +5 more
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MeritTrac Principal Engineer Salary FAQs

What is the salary of Principal Engineer at MeritTrac in Bangalore / Bengaluru?
The average salary of a Principal Engineer at MeritTrac in Bangalore / Bengaluru typically ranges from ₹6.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Principal Engineer in Bangalore / Bengaluru at MeritTrac earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Principal Engineer Salaries at MeritTrac 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 5 MeritTrac employees in India.
What is the estimated take home salary of a Principal Engineer at MeritTrac in Bangalore / Bengaluru?
The estimated take-home salary of a Principal Engineer at MeritTrac in Bangalore / Bengaluru typically ranges from ₹63,033 to ₹64,635 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 8 years to 10 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 5 salaries received from various employees of MeritTrac. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MeritTrac for Principal Engineer in India?
Western Digital ₹20.0 Lakhs to ₹59.0 Lakhs per year
Oracle ₹17.4 Lakhs to ₹65.0 Lakhs per year
Dell ₹18.0 Lakhs to ₹55.0 Lakhs per year
HARMAN ₹15.0 Lakhs to ₹51.1 Lakhs per year
Wissen Technology ₹16.0 Lakhs to ₹42.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MeritTrac, depending on the role and experience level.
How the salary growth look like for a Principal Engineer at MeritTrac in Bangalore / Bengaluru?
The salary growth for a Principal Engineer at MeritTrac in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Principal Engineer in Bangalore / Bengaluru can expect the following growth trajectory at MeritTrac:

Experience Average Salary Range
8 years ₹6.0 Lakhs to ₹14.0 Lakhs per year
9 years ₹5.4 Lakhs to ₹6.8 Lakhs per year
10 years ₹5.4 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

MeritTrac Principal Engineer salary in Bangalore / Bengaluru ranges between ₹6 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 MeritTrac latest salaries received from various employees of MeritTrac.