Principal Global Services Senior Manager Salaries by 4 Employees

5 - 20 years exp.

₹32 Lakhs - ₹50 Lakhs

Low Confidence

Salary of majority employees

75% more than the average Senior Manager Salary in Insurance Companies for 5 - 20 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Finance & Accounting Senior Manager Salary 5 years exp. (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.2 L/yr
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Administration & Facilities Senior Manager Salary 20 years exp. (AmbitionBox Estimate)	₹33.3 L/yr - ₹40.7 L/yr

Last Updated: 26 Oct 2024

Companies similar to Principal Global Services for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Manager Salary 3 - 18 years exp. (144 salaries)	₹9.2 L/yr - ₹24 L/yr 64% less	1 job opening
Aditya Birla Health Insurance Co Senior Manager Salary 2 - 14 years exp. (140 salaries)	₹3.5 L/yr - ₹10.7 L/yr 78% less
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MetLife Senior Manager Salary 10 - 18 years exp. (90 salaries)	₹19 L/yr - ₹48.4 L/yr 6% less	1 job opening
Medi Assist India Senior Manager Salary 8 - 19 years exp. (72 salaries)	₹6.7 L/yr - ₹18.4 L/yr 65% less	3 job openings
IndiaFirst Life Insurance Senior Manager Salary 4 - 17 years exp. (70 salaries)	₹6.2 L/yr - ₹22.6 L/yr 66% less
Future Generali India Life Insurance Senior Manager Salary 10 - 20 years exp. (68 salaries)	₹9 L/yr - ₹28 L/yr 54% less	1 job opening
Bharti AXA Life Insurance Senior Manager Salary 6 - 17 years exp. (64 salaries)	₹10.8 L/yr - ₹20.1 L/yr 70% less
Magma HDI General Insurance Senior Manager Salary 4 - 20 years exp. (66 salaries)	₹10.5 L/yr - ₹23 L/yr 57% less
Aviva Life Insurance India Senior Manager Salary 9 - 18 years exp. (59 salaries)	₹6 L/yr - ₹24.5 L/yr 61% less
Aegon Life Insurance Senior Manager Salary 4 - 16 years exp. (49 salaries)	₹7 L/yr - ₹23 L/yr 66% less
Pramerica Life Insurance Senior Manager Salary 4 - 19 years exp. (48 salaries)	₹3.5 L/yr - ₹10.6 L/yr 78% less
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Axa XL Senior Manager Salary 7 - 17 years exp. (48 salaries)	₹20 L/yr - ₹41.3 L/yr 12% less
Edelweiss Life Insurance Senior Manager Salary 7 - 18 years exp. (46 salaries)	₹3.5 L/yr - ₹8.3 L/yr 78% less
Cholamandalam MS General Insurance Senior Manager Salary 3 - 17 years exp. (35 salaries)	₹3.5 L/yr - ₹14 L/yr 77% less
Ageas Federal Life Insurance Senior Manager Salary 8 - 20 years exp. (32 salaries)	₹7.7 L/yr - ₹34.5 L/yr 50% less
ManipalCigna Health Insurance Senior Manager Salary 4 - 19 years exp. (32 salaries)	₹10.1 L/yr - ₹21.7 L/yr 68% less
Paramount Health Services Tpa Senior Manager Salary 6 - 20 years exp. (24 salaries)	₹3.3 L/yr - ₹9.2 L/yr 83% less
Shriram General Insurance Senior Manager Salary 9 - 19 years exp. (24 salaries)	₹6 L/yr - ₹14.9 L/yr 74% less
Family Health Plan Senior Manager Salary 8 - 18 years exp. (19 salaries)	₹8 L/yr - ₹14 L/yr 72% less
Allianz Partners Senior Manager Salary 10 - 17 years exp. (16 salaries)	₹10.8 L/yr - ₹27 L/yr 50% less

View all

Senior Manager salary at Principal Global Services ranges between ₹32 Lakhs to ₹50 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Principal Global Services.

Experience wise Principal Global Services Senior Manager salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹32 L/yr - ₹58.8 L/yr
6 years (AmbitionBox Estimate)	₹30.1 L/yr - ₹38.4 L/yr
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7 years (AmbitionBox Estimate)	₹30.7 L/yr - ₹39.2 L/yr
8 years (AmbitionBox Estimate)	₹31.4 L/yr - ₹40.1 L/yr
9 years (AmbitionBox Estimate)	₹32 L/yr - ₹40.9 L/yr
10 years (AmbitionBox Estimate)	₹32.7 L/yr - ₹41.7 L/yr
11 years (AmbitionBox Estimate)	₹33.3 L/yr - ₹42.5 L/yr
12 years (AmbitionBox Estimate)	₹33.9 L/yr - ₹43.4 L/yr
13 years (AmbitionBox Estimate)	₹34.6 L/yr - ₹44.2 L/yr
14 years (AmbitionBox Estimate)	₹35.2 L/yr - ₹45 L/yr
15+ years (3 salaries)	₹37 L/yr - ₹50 L/yr

View all

Similar Designation salaries in Principal Global Services

Sales Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Team Lead Salary

(18 salaries)

₹10.69 L/yr - ₹23.38 L/yr

Top skills at Principal Global Services for Senior Manager

ITES Outsourcing Global Sourcing Stakeholder Management bpo

Salary related reviews for Principal Global Services

Business Analyst in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 14 Jan 2025

1.0

for Salary and Benefits

Likes

When I was working there its medical insurance and transport facility were was very good

Dislikes

...t Performance team. Their managers are useless, and use PIP to fire employees 6. DO NOT join even if you are getting the best or your dream package/CTC

Salary - Bad

+6 more

Analyst in Pune

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.

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.

Promotions - Poor

Analyst in Pune

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.

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.

Salary - Bad

+3 more

Trainee in Hyderabad / Secunderabad (working remotely)

Full Time

Engineering - Software & QA Department

5.0

• posted on 02 Dec 2023

4.0

for Salary and Benefits

Likes

>Salary is good for freshers >hikes are constantly 2 digit >work life balance >no layoffs -great job security >stress free work environment >work culture >permanent wfh

Salary - Good

+5 more

Dislikes

>fewer leaves compared to other companies(18 paid , 8 casual,10 festival)

Client Service Specialist in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 13 Sep 2023

3.0

for Salary and Benefits

Likes

Salary was better for fresher

Dislikes

No job security, Pressurized Culture, worst enviroment, team politics, managers behaviour was worst, No support from HR as well, Even Higher managememt is worst. Overall experience is worst

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Principal Global Services Senior Manager Salary FAQs

What is the salary of Senior Manager at Principal Global Services ?

The average salary of a Senior Manager at Principal Global Services in India typically ranges from ₹32.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Senior Manager at Principal Global Services earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Senior Manager 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 Senior Manager at Principal Global Services in India?

The estimated take-home salary of a Senior Manager at Principal Global Services in India typically ranges from ₹2,28,123 to ₹2,37,300 per month. This is based on the average salary range of ₹32.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 5 years to 20 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 are the key skills required to be a Senior Manager at Principal Global Services ?

To be a Senior Manager at Principal Global Services in india, the key skills required include:

- ITES
- Outsourcing
- Global Sourcing
- Stakeholder Management
- bpo

These skills are highly valued at Principal Global Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Principal Global Services for Senior Manager in India?

Chubb

₹28.0 Lakhs to ₹51.0 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 Senior Manager in companies similar to Principal Global Services in India?

The salary of a Senior Manager 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	₹19.0 Lakhs to ₹48.4 Lakhs per year
Axa XL	₹20.0 Lakhs to ₹41.3 Lakhs per year
Swiss Re	₹10.3 Lakhs to ₹45.0 Lakhs per year
Guardian India	₹22.0 Lakhs to ₹26.3 Lakhs per year
Allianz	₹24.0 Lakhs to ₹30.0 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 Senior Manager at Principal Global Services in India?

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

Experience	Average Salary Range
5 years	₹32.0 Lakhs to ₹58.8 Lakhs per year
6 years	₹30.1 Lakhs to ₹38.4 Lakhs per year
7 years	₹30.7 Lakhs to ₹39.2 Lakhs per year
8 years	₹31.4 Lakhs to ₹40.1 Lakhs per year

and so on.

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Principal Global Services Senior Manager Salaries

Principal Global Services Senior Manager salary in India ranges between ₹32 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Principal Global Services latest salaries received from various employees of Principal Global Services.