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Principal Global Services Softwaretest Engineer salaries in India (Updated 2025)

Annual salary range
2 - 4 years exp.
₹3.5 Lakhs - ₹5.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% less than the average Softwaretest Engineer Salary in Insurance Companies for 2 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA
Softwaretest Engineer Salary
2 - 4 years exp. (184 salaries)
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₹3.5 L/yr - ₹5.6 L/yr

Quality Assurance
Softwaretest Engineer Salary
2 - 4 years exp. (6 salaries)
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₹4 L/yr - ₹4.8 L/yr

Last Updated: 2 Apr 2025

Companies similar to Principal Global Services for Softwaretest Engineer

Company name Avg Annual Salary Open Jobs
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MetLife Softwaretest Engineer Salary

1 - 6 years exp. (15 salaries)

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₹3.1 L/yr - ₹7 L/yr

arrow icon 35% more
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₹2 L/yr - ₹5.2 L/yr

arrow icon 15% less
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₹3 L/yr - ₹6.7 L/yr

arrow icon 10% more
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₹3.5 L/yr - ₹3.9 L/yr

arrow icon 19% less
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₹3.2 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹5.4 L/yr - ₹22.8 L/yr

arrow icon 183% more
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Chubb Softwaretest Engineer Salary

0 - 6 years exp. (6 salaries)

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₹8.3 L/yr - ₹22 L/yr

arrow icon 224% more
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₹3.3 L/yr - ₹6 L/yr

arrow icon 1% less
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₹2.9 L/yr - ₹3.5 L/yr

arrow icon 29% less
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₹3.7 L/yr - ₹7.4 L/yr

arrow icon 18% more
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Allianz Softwaretest Engineer Salary

1 - 3 years exp. (5 salaries)

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₹2.8 L/yr - ₹3 L/yr

arrow icon 35% less
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₹3 L/yr - ₹7 L/yr

arrow icon 31% more
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₹1 L/yr - ₹5 L/yr

arrow icon 17% less
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₹2.6 L/yr - ₹8.5 L/yr

arrow icon 26% more
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₹4.8 L/yr - ₹11 L/yr

arrow icon 61% more
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₹3 L/yr - ₹6 L/yr

arrow icon 10% more
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₹3 L/yr - ₹4.4 L/yr

arrow icon 17% less
Softwaretest Engineer salary at Principal Global Services ranges between ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 220 latest salaries received from various employees of Principal Global Services.

Latest annual salaries shared by Principal Global Services Softwaretest Engineer

2d ago
₹4.8 Lakhs
2 years exp.
3mo ago
₹4.6 Lakhs
3 years exp.
4mo ago
₹4.8 Lakhs
4 years exp.
7mo ago
₹4.3 Lakhs
2 years exp.
7mo ago
₹4.5 Lakhs
2 years exp.
9mo ago
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3 years exp.
10mo ago
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3 years exp.
11mo ago
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2 years exp.
11mo ago
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3 years exp.
11mo ago
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3 years exp.

Experience wise Principal Global Services Softwaretest Engineer salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
2 years  (69 salaries)

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₹3.5 L/yr - ₹5.5 L/yr
3 years  (140 salaries)

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₹3.5 L/yr - ₹5.6 L/yr
4 years  (11 salaries)

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₹4.4 L/yr - ₹5.5 L/yr

Similar Designation salaries in Principal Global Services

Software Engineer Salary
(322 salaries)
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₹7.5 L/yr - ₹15 L/yr
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₹12.1 L/yr - ₹23.1 L/yr
Data Engineer Salary
(96 salaries)
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₹9.45 L/yr - ₹20 L/yr
Technical Lead Salary
(70 salaries)
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₹15 L/yr - ₹28 L/yr
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₹12.9 L/yr - ₹55 L/yr
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₹11.6 L/yr - ₹18 L/yr
Product Owner Salary
(25 salaries)
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₹10 L/yr - ₹26.77 L/yr
Project Lead Salary
(22 salaries)
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₹18 L/yr - ₹30.2 L/yr
Lead Engineer Salary
(21 salaries)
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₹25 L/yr - ₹32 L/yr
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₹14 L/yr - ₹30 L/yr

Salary related reviews for Principal Global Services

2.9

Rated by 4 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

1. Work life balance 2. Flexibility 3. Hybrid work mode

  • Job security - Good
  • +2 more

Dislikes

...eason 3. Notice period is 3 months 4. Lack of maturity with new management 5. No HR - Employee colloboration rather blind trust on managers on even salary discussion. 5. No way to get individual Manager's feedback rather as group which helps poor manager to be still safe side.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 04 May 2023

4.0
 for  Salary and Benefits

Likes

1. Salary is on Time. 2. Management put efforts in training and upskilling the employees not just on the technology but also on the business processes.

read more
  • Salary - Good
  • +3 more

Dislikes

1. Promotions are not on time. 2. Depends on the pillar which you will be working in.

  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 06 Oct 2022

3.0
 for  Salary and Benefits

Likes

Work life balance Employee Centric Company culture & facilities Work from home Lot's of support for learning new tech stack on your own

read more
  • Skill development - Good
  • +4 more

Dislikes

Old technology in some BUs Compensation is average compared in market. Slow growth

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 Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Principal Global Services ?
The average salary of a Softwaretest Engineer at Principal Global Services in India typically ranges from ₹3.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Softwaretest Engineer at Principal Global Services earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Softwaretest 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 200+ Principal Global Services employees in India.
What is the estimated take home salary of a Softwaretest Engineer at Principal Global Services in India?
The estimated take-home salary of a Softwaretest Engineer at Principal Global Services in India typically ranges from ₹33,500 to ₹34,762 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years to 4 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 200+ 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 Softwaretest Engineer in India?
Chubb ₹8.3 Lakhs to ₹22.0 Lakhs per year
Medi Assist India ₹5.4 Lakhs to ₹22.8 Lakhs per year
Edelweiss Life Insurance ₹4.8 Lakhs to ₹11.0 Lakhs per year
MetLife ₹3.1 Lakhs to ₹7.0 Lakhs per year
IndiaFirst Life Insurance ₹3.0 Lakhs to ₹7.0 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 Softwaretest Engineer in companies similar to Principal Global Services in India?
The salary of a Softwaretest 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:

Guardian India ₹2.6 Lakhs to ₹8.5 Lakhs per year
Future Generali India Life Insurance ₹3.7 Lakhs to ₹7.4 Lakhs per year
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹6.7 Lakhs per year
ManipalCigna Health Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year
Allianz Services ₹3.3 Lakhs to ₹6.0 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 Softwaretest Engineer at Principal Global Services in India?
The salary growth for a Softwaretest Engineer at Principal Global Services depends on factors such as experience, performance, and promotions. On average, a Softwaretest Engineer can expect the following growth trajectory at Principal Global Services:

Experience Average Salary Range
2 years ₹3.5 Lakhs to ₹5.5 Lakhs per year
3 years ₹3.5 Lakhs to ₹5.6 Lakhs per year
4 years ₹4.4 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

Principal Global Services Softwaretest Engineer salary in India ranges between ₹3.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 220 Principal Global Services latest salaries received from various employees of Principal Global Services.