Version 1 Bangalore / Bengaluru Principal Consultant Salaries by Employees (Updated 2025)

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₹27 Lakhs - ₹34.5 Lakhs

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Last Updated: 4 Feb 2024

Companies similar to Version 1 for Principal Consultant in Bangalore / Bengaluru

Version 1 Principal Consultant Salary

9 years exp. (AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Principal Consultant Salary 11 - 25 years exp. (12 salaries)	₹20.1 L/yr - ₹64.4 L/yr 45% more
Infosys Principal Consultant Salary 12 - 25 years exp. (637 salaries)	₹15 L/yr - ₹51 L/yr 11% more	1 job opening
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Wipro Principal Consultant Salary 8 - 22 years exp. (570 salaries)	₹14 L/yr - ₹44.5 L/yr 7% less
HCLTech Principal Consultant Salary 9 - 16 years exp. (7 salaries)	₹33 L/yr - ₹38.5 L/yr 11% more
Tech Mahindra Principal Consultant Salary 15 - 25 years exp. (43 salaries)	₹22 L/yr - ₹50 L/yr 13% more
LTIMindtree Principal Consultant Salary 11 - 19 years exp. (61 salaries)	₹20 L/yr - ₹45 L/yr 7% less
Mphasis Principal Consultant Salary 5 - 10 years exp. (4 salaries)	₹10.2 L/yr - ₹22.2 L/yr 43% less
Hexaware Technologies Principal Consultant Salary 15 - 21 years exp. (6 salaries)	₹23 L/yr - ₹39 L/yr 13% more

Principal Consultant salary at Version 1 ranges between ₹27 Lakhs to ₹34.5 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Version 1.

Similar Designation salaries in Version 1

Associate Consultant Salary

(8 salaries)

₹7.05 L/yr - ₹27.9 L/yr

Technical Architect Salary

(4 salaries)

₹32 L/yr - ₹42 L/yr

Senior Consultant Salary

(3 salaries)

₹20.5 L/yr - ₹26.22 L/yr

Salary related reviews for Version 1

3.0

Rated by 1 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Feb 2024

3.0

for Salary and Benefits

Likes

I received good jump in my salary initially.

Work-life balance - Good

Dislikes

...egrity but you will not get to see that in higher management, no transparency. No clear Salary hike policy - you will not get any annual salary hikes after couple of years, best part is they will tell you that until you keep asking for months. HR’s are also dependent on Portfolio Managers decisions - end of the day its all company profits. Worst Performance Review system - Absolutely No Numbers! Only based on some English explanations from your manager your quarterly ratings will be given you will be easily rated unfairly as there are No clear Metrics, KPI’s, Numbers or performance graphs which can be measurable and trusted. So Bottomline Management can decide till when they need your service and if they feel they have extracted enough from you they write anything in their quarterly reviews and rate you down, lower your confidence and demotivate you so you will eventually put down papers.

Skill development - Poor

+4 more

Oracle SCM Functional Consultant in Bangalore / Bengaluru

Consulting Department

5.0

• posted on 07 Sep 2022

5.0

for Salary and Benefits

Likes

... will look for is "Recognition". Version1 is great to recognize your good works. You will have a wide work-life balance with a good salary and other benefits.

Salary - Excellent

+6 more

Dislikes

There is nothing

Senior Java Develolper in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Great company to work for, good leave policy , over all good work life balance and permanent work from home. Good projects to work on with latest technologies.

Skill development - Excellent

+5 more

Dislikes

Nothing much. They do not have a competitive salary structure.

Salary - Poor

Business Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Feb 2023

4.0

for Salary and Benefits

Likes

Interview process Quarterly bonuses Work culture depends on leads and manager

Salary - Good

Dislikes

Lots of micromanagement in some teams To much status reporting to leads and managers Weekly feedback from clients No autonomy

Skill development - Bad

+3 more

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Salary Discussions, Hike & Promotions

Confused about Salary negotiations

CTC - 8 LPA Loc - Bengaluru, India I have been working in the same company for the last 5 years. My salary went from 3.6 LPA to 8 LPA over the years. I recently put papers, and, started giving interviews. I got an offer from TCS for 15 LPA(12.8 fixed). For more than a month, I've been giving interviews, asking for 18 LPA and many HRs are rejecting straight away, citing it is more than 100% hike from my current CTC. I kept trying and now I am selected for 5 companies - Iris Software, Capgemini, Quantzig Analytics, PwC, HCL, Infinite. Salary discussions are about to start and I'm confused. I'm not good at this. Can anyone suggest?

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Version 1 Principal Consultant Salary FAQs

What is the notice period for Principal Consultant at Version 1 in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the Version 1 Principal Consultants in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Version 1 Principal Consultant Salaries in Bangalore / Bengaluru

Version 1 Principal Consultant salary in Bangalore / Bengaluru ranges between ₹27 Lakhs to ₹34.5 Lakhs. This is an estimate based on latest salaries received from employees of Version 1.