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Principal Global Services IT Head salaries in India

Annual salary range
14 - 23 years exp.
₹80 Lakhs - ₹94 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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212% more than the average IT Head Salary in Insurance Companies for 14 - 23 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Principal Global Services for IT Head

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IBM IT Head Salary

15 - 23 years exp. (3 salaries)

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₹17 L/yr - ₹24 L/yr

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TCS IT Head Salary

8 - 17 years exp. (3 salaries)

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₹15 L/yr - ₹34 L/yr

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Wipro IT Head Salary

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₹11.9 L/yr - ₹24 L/yr

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16 - 20 years exp. (5 salaries)

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Allianz Partners IT Head Salary

13 - 27 years exp. (3 salaries)

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₹22 L/yr - ₹34.1 L/yr

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IT Head salary at Principal Global Services ranges between ₹80 Lakhs to ₹94 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Principal Global Services.

Latest annual salaries shared by Principal Global Services IT Head

1y ago
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14 years exp.
1y ago
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21 years exp.

Experience wise Principal Global Services IT Head salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹89.3 L/yr - ₹98.7 L/yr
15+ years  (3 salaries)

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₹80 L/yr - ₹94 L/yr

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₹10.2 L/yr - ₹17 L/yr
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Network Engineer Salary
(AmbitionBox Estimate)
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₹14.8 L/yr - ₹18.9 L/yr
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₹4 L/yr - ₹9.87 L/yr
Support Engineer Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for Principal Global Services

Full Time

 · 

Other Department

4.0
  •  posted on 18 Nov 2024

3.0
 for  Salary and Benefits

Likes

I did like the culture of PGS before 3 year. Now in these days the function has been changed and only the relationship with our manager and understanding that is good.

read more
  • Skill development - Good
  • +1 more

Dislikes

...payment method and the promotion structure. PGS have a term that called Prinpay. That means you have to keep your 10% of salary deposited to company till a financial year. Once that year ended then you will receive the amt from that 10%. It depends on your and companies performance. That means you will never get your entire 10%. You will always received an X amt from that 10%. And they also called it as performance incentive.

read more
  • Promotions - Poor

Full Time

 · 

Risk Management & Compliance Department

2.0
  •  posted on 17 Dec 2023

1.0
 for  Salary and Benefits

Likes

Company culture is little good here. Relaxed life its recommended for people who want to retire at such office. medical insurance, transport facility, infrastructure is appreciable. Few people at principal are like diamond.

read more
  • Job security - Excellent
  • +1 more

Dislikes

...c by theirs politics the themselves will not grow and will not let anyone grow. Less Pay- very less pay as compared to competitors. Night shift is mandatory for operations people, and Night Shift allowances are less.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 23 Dec 2021

5.0
 for  Salary and Benefits

Likes

Company gives very good compensation to their employees. Work life balance is also good.Management team is very employee friendly. Managers and teammates are very supportive. Company has a user-friendly portal for their employees. Overall very good company to work.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Company has changed their notice period policy. Notice period is of 3 months. IJP opportunities are very less in my project. Carrer growth is very less. On site opportunities and business trips are only for higher management.

read more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 02 May 2023

4.0
 for  Salary and Benefits

Likes

The leadership is extremely transparent about all the decisions being taken and the direction the company is going in. Everyone's thoughts and inputs are taken into consideration while planning for any new feature. There is little to no pressure for medium to high performing individuals. Through extensive mindset shift programmes, an engineering culture is being developed and inculcated in the company

read more
  • Salary - Good
  • +6 more

Dislikes

The compensation scale is not as competitive as the market. The company is a little too tolerant of poor performers and not enough remedial action is taken to even out a team

read more

Engineering - Software & QA Department

5.0
  •  posted on 18 Jun 2022

3.0
 for  Salary and Benefits

Likes

The work culture, work-life balance, company ethics and core values, non-salary perks (free transport, life & health insurance, gym, stock purchase plans) are great. This is an employee centric organization with focus on customer benefits. It's a good organization.

read more
  • Skill development - Good
  • +4 more

Dislikes

Average compensation for some roles 'might' be little less the industry. Promotions and growth 'might' be a little slower than the industry.

read more
see more salary related reviews

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Principal Global Services IT Head Salary FAQs

What is the salary of IT Head at Principal Global Services ?
The average salary of a IT Head at Principal Global Services in India typically ranges from ₹80.0 Lakhs to ₹94.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of IT Head at Principal Global Services earn more than ₹94.0 Lakhs per year, and the top 1% earn over ₹94.0 Lakhs per year. IT Head Salaries at Principal Global Services 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 4 Principal Global Services employees in India.
What is the estimated take home salary of a IT Head at Principal Global Services in India?
The estimated take-home salary of a IT Head at Principal Global Services in India typically ranges from ₹4,76,607 to ₹4,89,740 per month. This is based on the average salary range of ₹80.0 Lakhs to ₹94.0 Lakhs per year for employees with experience ranging from 14 years to 23 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 4 salaries received from various employees of Principal Global Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a IT Head in companies similar to Principal Global Services in India?
The salary of a IT Head at companies similar to Principal Global Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz Partners ₹22.0 Lakhs to ₹34.1 Lakhs per year
TCS ₹15.0 Lakhs to ₹34.0 Lakhs per year
Tech Mahindra ₹18.0 Lakhs to ₹29.0 Lakhs per year
IBM ₹17.0 Lakhs to ₹24.0 Lakhs per year
Wipro ₹11.9 Lakhs to ₹24.0 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 IT Head at Principal Global Services in India?
The salary growth for a IT Head at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a IT Head can expect the following growth trajectory at Principal Global Services:

Experience Average Salary Range
14 years ₹89.3 Lakhs to ₹98.7 Lakhs per year
15 years ₹80.0 Lakhs to ₹94.0 Lakhs per year
and so on.

Tell us how to improve this page.

Principal Global Services IT Head salary in India ranges between ₹80 Lakhs to ₹94 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Principal Global Services latest salaries received from various employees of Principal Global Services.