Merritt Innovative Solutions Team Lead Salaries by 7 Employees (Updated 2024)

10 - 15 years exp.

₹10.5 Lakhs - ₹11.5 Lakhs

Salary of majority employees

22% more than the average Team Lead Salary in Engineering & Construction Companies for 10 - 15 years of experience

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Salaries in different departments

Research & Development Team Lead Salary 10 - 15 years exp. (6 salaries)	₹10.5 L/yr - ₹11.5 L/yr
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Engineering - Software & QA Team Lead Salary 11 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹11.5 L/yr

Last Updated: 12 Oct 2024

Companies similar to Merritt Innovative Solutions for Team Lead

Company name	Avg Annual Salary	Open Jobs
TCS Team Lead Salary 2 - 18 years exp. (8.4k salaries)	₹3.4 L/yr - ₹14 L/yr 22% less	1 job opening
Infosys Team Lead Salary 4 - 15 years exp. (2.9k salaries)	₹5.4 L/yr - ₹20.8 L/yr 21% more
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Wipro Team Lead Salary 2 - 15 years exp. (5.5k salaries)	₹4.6 L/yr - ₹21 L/yr 10% more	2 job openings
HCLTech Team Lead Salary 3 - 14 years exp. (2.2k salaries)	₹5.5 L/yr - ₹23 L/yr 25% more
Tech Mahindra Team Lead Salary 1 - 16 years exp. (4.9k salaries)	₹5.1 L/yr - ₹16.6 L/yr At par	2 job openings
LTIMindtree Team Lead Salary 6 - 15 years exp. (1.2k salaries)	₹7.4 L/yr - ₹33 L/yr 73% more
L&T Technology Services Team Lead Salary 7 - 16 years exp. (144 salaries)	₹8.3 L/yr - ₹29.2 L/yr 64% more
Persistent Systems Team Lead Salary 7 - 15 years exp. (685 salaries)	₹8 L/yr - ₹31.4 L/yr 69% more
Mphasis Team Lead Salary 5 - 13 years exp. (376 salaries)	₹5.4 L/yr - ₹20 L/yr 18% more
Hexaware Technologies Team Lead Salary 0 - 14 years exp. (740 salaries)	₹3.1 L/yr - ₹14 L/yr 26% less	3 job openings
ABCI Infrastructures Team Lead Salary 4 - 12 years exp. (64 salaries)	₹9.2 L/yr - ₹35 L/yr 111% more
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Perkins Team Lead Salary 2 - 10 years exp. (54 salaries)	₹2.3 L/yr - ₹5.3 L/yr 65% less
Ajax Engineering Team Lead Salary 2 - 5 years exp. (18 salaries)	₹1.8 L/yr - ₹4 L/yr 70% less
Cadeploy Engineering Team Lead Salary 7 - 11 years exp. (7 salaries)	₹7.5 L/yr - ₹10.8 L/yr 14% less
Citec Engineering Team Lead Salary 8 - 16 years exp. (5 salaries)	₹9 L/yr - ₹17.8 L/yr 10% more
Lea Associates South Asia Team Lead Salary 27 - 33 years exp. (3 salaries)	₹26 L/yr - ₹32 L/yr 178% more
Gem Engserv Team Lead Salary 13 - 15 years exp. (3 salaries)	₹21.6 L/yr - ₹27.6 L/yr 125% more

Team Lead salary at Merritt Innovative Solutions ranges between ₹10.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Merritt Innovative Solutions.

Experience wise Merritt Innovative Solutions Team Lead salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.5 L/yr
11 years (3 salaries)	₹10.5 L/yr - ₹11.5 L/yr
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12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹19 L/yr
15+ years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11 L/yr

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Salary related reviews for Merritt Innovative Solutions

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

1.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

Team leads and all employees free to approach for any kind of douts they are highly talented persons.

Dislikes

In merritt innovative solutions all employees are free to learn but the management is worst they not have humanity also they treat employees like a robots or machines they put our pressure on employees .

Senior Design Engineer in Bangalore / Bengaluru

Research & Development Department

5.0

• posted on 30 Jun 2021

5.0

for Salary and Benefits

Likes

Nice place to work. I have learnt a lot in Designing and development. Good facilities available for employees. M.D. Kumar sir is well supportive, encouragement to employees. Very good opportunities available for learning and development. All Manager and team members are well supportive. Thanks a lot to Merritt innovative solutions giving opportunity to work. Thank you so much to M.D. Kumar sir.

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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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Merritt Innovative Solutions Team Lead Salary FAQs

What is the salary of Team Lead at Merritt Innovative Solutions?

Team Lead salary at Merritt Innovative Solutions in India ranges between ₹10.5 Lakhs to ₹11.5 Lakhs for experience between 10 years to 15 years. According to our estimates it is 22% more than the average Team Lead Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Merritt Innovative Solutions India.

How does the salary of a Team Lead at Merritt Innovative Solutions India compare with the average salary range for this job?

The average salary of a Team Lead at Merritt Innovative Solutions is 22% more than the average salary of a Team Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Merritt Innovative Solutions to a Team Lead in India?

Lea Associates South Asia Team Lead Salary - ₹26.0 Lakhs to ₹32.0 Lakhs per year
Gem Engserv Team Lead Salary - ₹21.6 Lakhs to ₹27.6 Lakhs per year
ABCI Infrastructures Team Lead Salary - ₹9.2 Lakhs to ₹35.0 Lakhs per year
LTIMindtree Team Lead Salary - ₹7.4 Lakhs to ₹33.0 Lakhs per year
Persistent Systems Team Lead Salary - ₹8.0 Lakhs to ₹31.4 Lakhs per year

What is the salary of a Team Lead in companies similar to Merritt Innovative Solutions in India?

L&T Technology Services Team Lead Salary - ₹8.3 Lakhs to ₹29.2 Lakhs per year
HCLTech Team Lead Salary - ₹5.5 Lakhs to ₹23.0 Lakhs per year
Infosys Team Lead Salary - ₹5.4 Lakhs to ₹20.8 Lakhs per year
Mphasis Team Lead Salary - ₹5.4 Lakhs to ₹20.0 Lakhs per year
Wipro Team Lead Salary - ₹4.6 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Team Lead at Merritt Innovative Solutions in India?

The estimated take-home salary of a Team Lead at Merritt Innovative Solutions ranges between ₹76,504 per month to ₹78,488 per month in India. The take-home salary calculation is based on the average Merritt Innovative Solutions Team Lead salary in India which ranges between ₹10.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Merritt Innovative Solutions?

According to AmbitionBox, 50% of the Merritt Innovative Solutions Team Leads reported a notice period of 2 Months, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Merritt Innovative Solutions Team Lead Salaries

Merritt Innovative Solutions Team Lead salary in India ranges between ₹10.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Merritt Innovative Solutions latest salaries received from various employees of Merritt Innovative Solutions.

Merritt Innovative Solutions Team Lead salaries in India