ELGI Equipments Senior Principal Engineer Salaries by 10+ Employees

11 - 21 years exp.

₹11.5 Lakhs - ₹19.9 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

51% less than the average Senior Principal Engineer Salary in Industrial Machinery Companies for 11 - 21 years of experience

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Salaries in different departments

Research & Development Senior Principal Engineer Salary 11 - 18 years exp. (10 salaries)	₹11.5 L/yr - ₹17.6 L/yr
Engineering - Software & QA Senior Principal Engineer Salary 19 - 21 years exp. (3 salaries)	₹15.6 L/yr - ₹19.9 L/yr
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Production, Manufacturing & Engineering Senior Principal Engineer Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹18 L/yr

Last Updated: 25 Dec 2024

Companies similar to ELGI Equipments for Senior Principal Engineer

Company name	Avg Annual Salary	Open Jobs
ABB Senior Principal Engineer Salary 18 - 25 years exp. (4 salaries)	₹51 L/yr - ₹85 L/yr 328% more
Wissen Technology Senior Principal Engineer Salary 8 - 15 years exp. (141 salaries)	₹22 L/yr - ₹48 L/yr 136% more
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Technip Energies Senior Principal Engineer Salary 13 - 19 years exp. (113 salaries)	₹15 L/yr - ₹35 L/yr 62% more
Saipem Senior Principal Engineer Salary 15 - 20 years exp. (108 salaries)	₹14.3 L/yr - ₹33 L/yr 61% more
Linde India Senior Principal Engineer Salary 12 - 18 years exp. (91 salaries)	₹14.5 L/yr - ₹28 L/yr 43% more

Senior Principal Engineer salary at ELGI Equipments ranges between ₹11.5 Lakhs to ₹19.9 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 15 latest salaries received from various employees of ELGI Equipments.

Latest annual salaries shared by ELGI Equipments Senior Principal Engineer

3w ago

₹19.9 Lakhs

21 years exp.

1mo ago

₹17.6 Lakhs

18 years exp.

2mo ago

₹18 Lakhs

16 years exp.

6mo ago

₹18.1 Lakhs

20 years exp.

9mo ago

₹18 Lakhs

15 years exp.

11mo ago

17 years exp.

1y ago

16 years exp.

1y ago

19 years exp.

1y ago

14 years exp.

1y ago

14 years exp.

Experience wise ELGI Equipments Senior Principal Engineer salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
12 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
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13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
15+ years (9 salaries)	₹13 L/yr - ₹19.9 L/yr

Similar Designation salaries in ELGI Equipments

Senior Software Engineer Salary

(4 salaries)

₹6 L/yr - ₹7.37 L/yr

Senior Engineer Salary

(164 salaries)

₹4.3 L/yr - ₹15 L/yr

Lead Engineer Salary

(24 salaries)

₹5.5 L/yr - ₹11 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Software Engineer Salary

(4 salaries)

₹4 L/yr - ₹9 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Project Manager Salary

(7 salaries)

₹16 L/yr - ₹22 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for ELGI Equipments

2.0

Rated by 1 employees for salary & benefits

Senior Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

3.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Elgi is growing company with good hopes and it's good for new joinee with 4 to 5 years of intial work life to learn new things and work freely. It gives more opportunity for a new aspirants.

Job security - Excellent

+1 more

Dislikes

The salary hikes are not upto the market standards .

Salary - Bad

+2 more

Senior Engineer in Coimbatore

Research & Development Department

3.0

• posted on 04 Aug 2019

3.0

for Salary and Benefits

Likes

MD's ideology is good. Besides that there are some very nice people at ElGi who are both friendly and supportive.

Skill development - Good

+1 more

Dislikes

Probably need to give more compensation pertaining to the market. Work culture is improving...but need to improve more

Area Sales Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Boss culture is not in Elgi . Boss are very supportive to drive and handle responsibilities

Salary - Excellent

+6 more

Dislikes

Car policy should be revised at manager level and salary structure at manager level should be distinguished with lower bands

Deputy Manager Accounts-OTC in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

... company’s growth. You easily access to talk & discussions with management team. Whatever situation is comes you get your salary last working day for the month.Work from anywhere facility world wide.You are responsible for your job, no one force you to do work for late evening or weekends.

Salary - Good

+4 more

Dislikes

As a finance professional under S& S team, that basis very low opportunity to next level as well as training & upgrade.

Deputy Manager in Coimbatore

Full Time

Research & Development Department

2.0

• posted on 24 May 2024

2.0

for Salary and Benefits

Likes

Quick design and development cycle. Complete ownership of the product design lifecycle.

Dislikes

R&D management Poor compensation Terrible work ethics Poor project planning Occasional harrassment High work pressure with poor design infrastructure

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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ELGI Equipments Senior Principal Engineer Salary FAQs

What is the salary of Senior Principal Engineer at ELGI Equipments ?

The average salary of a Senior Principal Engineer at ELGI Equipments in India typically ranges from ₹11.5 Lakhs to ₹19.9 Lakhs per year, depending on experience (from 11 years to 21 years).

The top 10% of Senior Principal Engineer at ELGI Equipments earn more than ₹18.1 Lakhs per year, and the top 1% earn over ₹19.9 Lakhs per year. Senior Principal Engineer Salaries at ELGI Equipments 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 10+ ELGI Equipments employees in India.

What is the estimated take home salary of a Senior Principal Engineer at ELGI Equipments in India?

The estimated take-home salary of a Senior Principal Engineer at ELGI Equipments in India typically ranges from ₹1,07,951 to ₹1,10,929 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹19.9 Lakhs per year for employees with experience ranging from 11 years to 21 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 10+ salaries received from various employees of ELGI Equipments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ELGI Equipments for Senior Principal Engineer in India?

ABB	₹51.0 Lakhs to ₹85.0 Lakhs per year
Wissen Technology	₹22.0 Lakhs to ₹48.0 Lakhs per year
Technip Energies	₹15.0 Lakhs to ₹35.0 Lakhs per year
Saipem	₹14.3 Lakhs to ₹33.0 Lakhs per year
Linde India	₹14.5 Lakhs to ₹28.0 Lakhs per year

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

How the salary growth look like for a Senior Principal Engineer at ELGI Equipments in India?

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

Experience	Average Salary Range
11 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
12 years	₹13.8 Lakhs to ₹17.6 Lakhs per year
13 years	₹13.9 Lakhs to ₹17.8 Lakhs per year
14 years	₹14.0 Lakhs to ₹17.9 Lakhs per year

and so on.

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ELGI Equipments Senior Principal Engineer Salaries

ELGI Equipments Senior Principal Engineer salary in India ranges between ₹11.5 Lakhs to ₹19.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 ELGI Equipments latest salaries received from various employees of ELGI Equipments.