Principal Global Services Lead Engineer Salaries by 20+ Employees (Updated 2025)

7 - 10 years exp.

₹25 Lakhs - ₹32 Lakhs

Salary of majority employees

80% more than the average Lead Engineer Salary in Insurance Companies for 7 - 10 years of experience

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Last Updated: 27 Mar 2025

Companies similar to Principal Global Services for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
Guardian India Lead Engineer Salary 6 - 12 years exp. (241 salaries)	₹9 L/yr - ₹26 L/yr 30% less
MetLife Lead Engineer Salary 5 - 11 years exp. (3 salaries)	₹10.4 L/yr - ₹28 L/yr 28% less
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Swiss Re Lead Engineer Salary 10 - 16 years exp. (3 salaries)	₹32 L/yr - ₹65 L/yr 73% more
HCLTech Lead Engineer Salary 1 - 10 years exp. (15.8k salaries)	₹4.1 L/yr - ₹14 L/yr 71% less
Persistent Systems Lead Engineer Salary 4 - 11 years exp. (3.2k salaries)	₹10 L/yr - ₹30 L/yr 38% less

Lead Engineer salary at Principal Global Services ranges between ₹25 Lakhs to ₹32 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 21 latest salaries received from various employees of Principal Global Services.

Experience wise Principal Global Services Lead Engineer salaries

Last Updated: 27 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹26.4 L/yr - ₹33.7 L/yr
8 years (6 salaries)	₹26 L/yr - ₹31.8 L/yr
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9 years (AmbitionBox Estimate)	₹26.4 L/yr - ₹33.7 L/yr
10 years (14 salaries)	₹25 L/yr - ₹32 L/yr

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₹15.6 L/yr - ₹19.9 L/yr

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₹8 L/yr - ₹18 L/yr

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Salary related reviews for Principal Global Services

Senior Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Feb 2025

2.0

for Salary and Benefits

Likes

Initial work culture of Principal was very good early management used to focus on employees growth , learning with. No micro-management but starting from what you are wearing to what are doing everything is monitored .

Dislikes

No better salary hikes Micro-management Focus shifting towards cost cutting and being like service based company instead of product Not good for career growth Management will focus more on you wearing collared shirt with tucking instead of quality delivery

Salary - Poor

+2 more

Senior Software Engineer (working remotely)

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

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

Senior Software Engineer in Pune

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.

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.

Software Engineer in Pune

Engineering - Software & QA Department

5.0

• posted on 05 Apr 2022

4.0

for Salary and Benefits

Likes

Work life balance here is a blessing. You'll learn here only if you push yourself and take initiative and responsibility. There isn't much pressure as far as the deadine is concerned. If you are supposed to work on a new tech, considerable team is given for you to learn. All and all, the work is decent, but if you are looking for a challenging opportunity, then you might want to reconsider joining.

Salary - Good

+5 more

Dislikes

Compensation is slightly less than what is given in the industry. A lot of work is based on pretty old technologies.

Software Developer in Pune

Engineering - Software & QA Department

5.0

• posted on 17 Apr 2021

5.0

for Salary and Benefits

Likes

PGS is a place that gives you job security, good compensation, very good work culture, also opportunity to work in different projects using different technologies, if you are ready for it.

Salary - Excellent

+6 more

Dislikes

The major work is on not so upcoming technologies, so some people might feel not so good about technology stack,

see more salary related reviews

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What people are saying about Principal Global Services

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a product manager

Salary range for Senior Associate Product Manager

Hi everyone, I am being considered for the Senior Associate Product Manager role at PGS and would like to know the typical salary range for this position. I have 10 years of experience. Any insights would be greatly appreciated!

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Principal Global Services Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Principal Global Services ?

The average salary of a Lead Engineer at Principal Global Services in India typically ranges from ₹25.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Lead Engineer at Principal Global Services earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Lead Engineer 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 20+ Principal Global Services employees in India.

What is the estimated take home salary of a Lead Engineer at Principal Global Services in India?

The estimated take-home salary of a Lead Engineer at Principal Global Services in India typically ranges from ₹1,81,426 to ₹1,88,492 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 7 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 20+ salaries received from various employees of Principal Global Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Principal Global Services for Lead Engineer in India?

Swiss Re

₹32.0 Lakhs to ₹65.0 Lakhs per year

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

What is the salary of a Lead Engineer in companies similar to Principal Global Services in India?

The salary of a Lead Engineer at companies similar to Principal Global Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MetLife	₹10.4 Lakhs to ₹28.0 Lakhs per year
Guardian India	₹9.0 Lakhs to ₹26.0 Lakhs per year
Persistent Systems	₹10.0 Lakhs to ₹30.0 Lakhs per year
HCLTech	₹4.1 Lakhs to ₹14.0 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 Lead Engineer at Principal Global Services in India?

The salary growth for a Lead Engineer at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a Lead Engineer can expect the following growth trajectory at Principal Global Services:

Experience	Average Salary Range
7 years	₹26.4 Lakhs to ₹33.7 Lakhs per year
8 years	₹26.0 Lakhs to ₹31.8 Lakhs per year
9 years	₹26.4 Lakhs to ₹33.7 Lakhs per year
10 years	₹25.0 Lakhs to ₹32.0 Lakhs per year

and so on.

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Principal Global Services Lead Engineer Salaries

Principal Global Services Lead Engineer salary in India ranges between ₹25 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Principal Global Services latest salaries received from various employees of Principal Global Services.