Verizon Chennai Software Engineer Team Leader Salaries by 5 Employees

7 - 10 years exp.

₹13.5 Lakhs - ₹29.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Software Engineer Team Leader Salary in Telecom Companies for 7 - 10 years of experience

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Last Updated: 3 Jul 2023

Companies similar to Verizon for Software Engineer Team Leader in Chennai

Verizon Software Engineer Team Leader Salary

7 - 10 years exp. (5 salaries)

₹13.5 L/yr - ₹29.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Software Engineer Team Leader Salary 6 - 14 years exp. (211 salaries)	₹8.9 L/yr - ₹24 L/yr 13% less
Capgemini Software Engineer Team Leader Salary 5 - 9 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 45% less
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Fidelity Investments Software Engineer Team Leader Salary 5 - 10 years exp. (6 salaries)	₹13.2 L/yr - ₹28.8 L/yr 8% more
Bank of America Software Engineer Team Leader Salary 8 - 12 years exp. (5 salaries)	₹19.2 L/yr - ₹23.8 L/yr At par
Cognizant Software Engineer Team Leader Salary 8 - 13 years exp. (5 salaries)	₹10 L/yr - ₹15.9 L/yr 27% less

Software Engineer Team Leader salary at Verizon ranges between ₹13.5 Lakhs to ₹29.6 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Verizon.

Experience wise Verizon Software Engineer Team Leader salaries in Chennai

Last Updated: 3 Jul 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
8 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
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9 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹25.4 L/yr
10 years (AmbitionBox Estimate)	₹22.3 L/yr - ₹28.5 L/yr

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Salary related reviews for Verizon

5.0

Rated by 1 employees for salary & benefits

Big Data Developer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 09 Mar 2025

4.0

for Salary and Benefits

Likes

Salary but not benefits, gives opportunity to be part of various forums, company level culture

Salary - Good

+1 more

Dislikes

HR policies on promotions, ratings. HR meeting clearly show escapism from employee concerns. Management culture is mostly misused by biasing, recognitions are not fulfilled equally, always use the name of HR and vice-versa.

Promotions - Bad

+2 more

Consultant 3 in Chennai

Full Time

IT & Information Security Department

2.0

• posted on 29 Dec 2023

5.0

for Salary and Benefits

Likes

Salary and Hike

Salary - Excellent

+1 more

Dislikes

Micromanagement , promotion given only to those who remain a yes man for the management. No empathy for employee mental health. And this woke mentality of giving women the promotions and Internal movement even though they aren't not qualified in terms of skills and work ethics

Job security - Poor

+4 more

Analyst in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 08 May 2024

1.0

for Salary and Benefits

Likes

-Leaves -snacks - training

Dislikes

-Field offs management is not a technical person and manipulative person . -Team lunch happens in cafeteria not in hotel as cost cutting - Performing rating but got 6%-7 rating. - No rotation force you to leave job - promotion only to non deserving because they are friend with top management so they will not give bad ratings. -Sr Managers/manager only bothered about rating and politics. - Management will decide your career management or technical? Not you - if company in profit they why all got less %.In name cost cutting Indian management ruining life of qualified peoples. -off shore vp is good he asked for clarity but sir our voice are suppressed because they not allowing our voice to reach you. - revenge was taken by them in increments, to shut people mouth. -Ruined culture of politics . Toxic environment. - Everyone do not like each other. - This is not culture of growth. Selected playing life of person for there own benefits.

Salary - Bad

+6 more

Data Science Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 01 Oct 2023

5.0

for Salary and Benefits

Likes

...t is highly engaged and responsive. Highly focused Best in class architecture Good compensation

Salary - Excellent

+2 more

Dislikes

No proper KT will be given Most of the people here are 10+ years experience and it’s first job they know the system very well, when outsider comes it’s so difficult to survive in this environment. Middle management are only worried about numbers.

Job security - Poor

+1 more

SQL Database Administrator in Chennai

Full Time

IT & Information Security Department

4.0

• posted on 03 Jun 2024

5.0

for Salary and Benefits

Likes

1. Good salary Benefits and stock option 2. Goodies, office ambiance. 3. Wonderful work culture.

Salary - Excellent

+2 more

Dislikes

1. No carrier growth. 2. 9+ years of exp. is expected to do L1 technical job. No other level of job scope.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Verizon

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a software engineer

Verizon vs. Evernorth – Which Offer Should I Accept?

Hey everyone, I need some career advice. I have 3 years and 8 months of experience as a full-stack developer, and I currently earn ₹10.60 LPA (CCTC). I recently received two offers in Hyderabad: • Verizon: ₹20 LPA + $2,000 in stock • Evernorth (Cigna): ₹17.9 LPA Beyond just compensation, I want to consider career growth, work-life balance, learning opportunities, and company culture. Based on your experience or insights, which company would be the better choice in the long run? Would really appreciate your thoughts!

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Verizon Software Engineer Team Leader Salary FAQs

What is the salary of Software Engineer Team Leader at Verizon in Chennai?

The average salary of a Software Engineer Team Leader at Verizon in Chennai typically ranges from ₹13.5 Lakhs to ₹29.6 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Software Engineer Team Leader in Chennai at Verizon earn more than ₹29.6 Lakhs per year, and the top 1% earn over ₹29.6 Lakhs per year. Software Engineer Team Leader Salaries at Verizon 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 Verizon employees in India.

What is the estimated take home salary of a Software Engineer Team Leader at Verizon in Chennai?

The estimated take-home salary of a Software Engineer Team Leader at Verizon in Chennai typically ranges from ₹1,35,752 to ₹1,40,753 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹29.6 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 5 salaries received from various employees of Verizon. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Verizon for Software Engineer Team Leader in India?

Fidelity Investments

₹13.2 Lakhs to ₹28.8 Lakhs per year

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

What is the salary of a Software Engineer Team Leader in companies similar to Verizon in Chennai?

The salary of a Software Engineer Team Leader at companies similar to Verizon in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of America	₹19.2 Lakhs to ₹23.8 Lakhs per year
Accenture	₹8.9 Lakhs to ₹24.0 Lakhs per year
Cognizant	₹10.0 Lakhs to ₹15.9 Lakhs per year
Capgemini	₹8.5 Lakhs to ₹18.0 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 Software Engineer Team Leader at Verizon in Chennai?

The salary growth for a Software Engineer Team Leader at Verizon in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Engineer Team Leader in Chennai can expect the following growth trajectory at Verizon:

Experience	Average Salary Range
7 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
8 years	₹17.5 Lakhs to ₹22.3 Lakhs per year
9 years	₹19.9 Lakhs to ₹25.4 Lakhs per year
10 years	₹22.3 Lakhs to ₹28.5 Lakhs per year

and so on.

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Verizon Software Engineer Team Leader Salaries in Chennai

Verizon Software Engineer Team Leader salary in Chennai ranges between ₹13.5 Lakhs to ₹29.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Verizon latest salaries received from various employees of Verizon.