Morningstar Mumbai Technology Team Lead Salaries by 5 Employees

10 - 14 years exp.

₹15 Lakhs - ₹20.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Technology Team Lead Salary in Financial Services Companies for 10 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA Technology Team Lead Salary 10 - 14 years exp. (3 salaries)	₹17.6 L/yr - ₹20.5 L/yr
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Project & Program Management Technology Team Lead Salary 13 years exp. (AmbitionBox Estimate)	₹14.9 L/yr - ₹18.2 L/yr

Last Updated: 12 Mar 2023

Technology Team Lead salary at Morningstar ranges between ₹15 Lakhs to ₹20.5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Morningstar.

Experience wise Morningstar Technology Team Lead salaries in Mumbai

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
11 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
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13 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr

Similar Designation salaries in Morningstar

Team Lead Salary

(78 salaries)

₹7 L/yr - ₹18.59 L/yr

Technical Lead Salary

(5 salaries)

₹22 L/yr - ₹29.5 L/yr

Technical Manager Salary

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₹19.5 L/yr - ₹28 L/yr

Salary related reviews for Morningstar

Team Lead in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing cost cutting it sucks big time

Work-life balance - Good

Dislikes

...ple to work like a BPO, where you will slog for 10-12 hours and give production. Company is working on hiring only freshers salary is peanuts

Salary - Bad

+4 more

Team Lead in Navi Mumbai

Full Time

Risk Management & Compliance Department

5.0

• posted on 27 Jun 2023

3.0

for Salary and Benefits

Likes

--> Excellent work culture --> Promoting learning & skill development --> Growth & Opportunity --> Additional benefits provided (Insurance coverage for self & dependants)

Skill development - Excellent

+5 more

Dislikes

Can improve in terms of being a better pay-master.

Research Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

The company has a great culture, people are treated with respect. Employees are given time to perform if they are struggling. The office has a very flexible time schedule and work hours. As long as the work gets done no one will interfere with when you login or log out. Promotions are dependent on business growth. However, the promotion hikes are barely 20%.

Skill development - Good

+4 more

Dislikes

The company offers very limited pay with 4-6% hike on every appraisal. It's a great company to be at when you are already satisfied with your pay and want to keep pace with inflation. Not when you are looking to grow.

Salary - Bad

+1 more

Senior Research Associate in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 02 Feb 2025

1.0

for Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

Job security - Excellent

+1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

Salary - Bad

+3 more

Senior Research Associate in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jan 2025

2.0

for Salary and Benefits

Likes

They have very good work life balance and they are more like a family company culture is so good but for growth prospects we can't Rely on This.

Job security - Excellent

+3 more

Dislikes

The pay is not upto the mark as compared to other peer companies since they follow median pay. Even after performing Extremely well they pay you very less.

Salary - Poor

see more salary related reviews

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Morningstar Technology Team Lead Salary FAQs

What is the salary of Technology Team Lead at Morningstar in Mumbai?

The average salary of a Technology Team Lead at Morningstar in Mumbai typically ranges from ₹15.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Technology Team Lead in Mumbai at Morningstar earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Technology Team Lead Salaries at Morningstar 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 Morningstar employees in India.

What is the estimated take home salary of a Technology Team Lead at Morningstar in Mumbai?

The estimated take-home salary of a Technology Team Lead at Morningstar in Mumbai typically ranges from ₹1,17,813 to ₹1,21,110 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 10 years to 14 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 Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Technology Team Lead at Morningstar in Mumbai?

The salary growth for a Technology Team Lead at Morningstar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Technology Team Lead in Mumbai can expect the following growth trajectory at Morningstar:

Experience	Average Salary Range
10 years	₹14.7 Lakhs to ₹18.7 Lakhs per year
11 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
13 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
14 years	₹18.5 Lakhs to ₹23.6 Lakhs per year

and so on.

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Morningstar Technology Team Lead Salaries in Mumbai

Morningstar Technology Team Lead salary in Mumbai ranges between ₹15 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Morningstar latest salaries received from various employees of Morningstar.