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GLOBALFOUNDRIES Asic Design Verification Engineer salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹10 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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13% more than the average Asic Design Verification Engineer Salary in Semiconductors Companies for 1 - 3 years of experience

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Last Updated: 15 Mar 2023

Companies similar to GLOBALFOUNDRIES for Asic Design Verification Engineer in Bangalore / Bengaluru

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GLOBALFOUNDRIES Asic Design Verification Engineer Salary

1 - 3 years exp. (3 salaries)

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₹10 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹15 L/yr - ₹20 L/yr

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₹3.6 L/yr - ₹17 L/yr

arrow icon 14% less
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₹3 L/yr - ₹6 L/yr

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₹15.2 L/yr - ₹30.2 L/yr

arrow icon 121% more
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₹3.7 L/yr - ₹15.5 L/yr

arrow icon 24% less
Asic Design Verification Engineer salary at GLOBALFOUNDRIES ranges between ₹10 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of GLOBALFOUNDRIES.

Latest annual salaries shared by GLOBALFOUNDRIES Asic Design Verification Engineer in Bangalore / Bengaluru

1y ago
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3 years exp.
1y ago
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2 years exp.
1y ago
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1 year exp.

Experience wise GLOBALFOUNDRIES Asic Design Verification Engineer salaries in Bangalore / Bengaluru

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
2 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
3 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in GLOBALFOUNDRIES

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₹6.3 L/yr - ₹18 L/yr

Salary related reviews for GLOBALFOUNDRIES

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 03 Jan 2024

1.0
 for  Salary and Benefits

Likes

Great Company to work with, good work life balance and sportive environment. Can explore and connect with any team and any managers, no managers shows attitude towards other team employees, nice knowledge sharing will be there.

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Dislikes

Advice to Management please improve Salary structures, some policies to be updated and CTC is not upto the mark. They will say its same as market standards but it doesn't. Need to improve Salary percentages and hikes.

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Engineering - Hardware & Networks Department

2.0
  •  posted on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

Some teams have good work life balance. Some teams have good technical knowledge and learning. Compensation is not bad for tire 2 company. The fact that they paid well during the pandemic and only removed employees from software / finance background is appreciable. Even those who were removed were given opportunity elsewhere ( although it was a sudden you'll not work here from next month announcement).

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Dislikes

...stry standard, but it's mostly true in comparison to software service companies. Policies, Pay, Benefits are no where close to semiconductor/ electronics product companies. Everything depends on manager, some teams finish work at 5PM max, some have meetings midnight, but pay is the same. Some of them get promoted in 1.5 years, some not even after 4-5 years. Can't say politics, its lack of policies. There is no transperency whatsoever. The site GM left (he wasn't from a technical background) , and not a single word was spoken about it, let alone communication. The same trend follows in almost all things. People are put in a situation where they can't voice out. They have a anynomous survey, which is anynomous to the manager, but is not anynomous to the 2nd line / manager's manager. Most things work this way. Shiny on the outside, no so much on the inside. Management wants to show that everything is well, can't complain they are trying, even so much so that they ask senior employees to say that the work is good if someone asks, and not talk bad about the company. Only join if you are from a fabrication background and don't find jobs in any design companies. If you are from a design background, or a fresher, even service companies give better opportunity in terms of shifting jobs. I have seen people from service companies getting more than Globalfoundries in a 5 year time frame. With a fab experience, there is simply not enough companies in India which do the same work, so it's a risk, especially with the kind of pay you get here, kind of a trap, if no other companies have similar roles, which is the case for most of the jobs in globalfoundries. If it's non semiconductor related jobs, please use this job only as a backup. They have fired teams in the past. It's not all bad, but definitely not a dream company to work for. At least the Bangalore location.

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Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 12 Oct 2024

3.0
 for  Salary and Benefits

Likes

Company is good to get exposure in semiconductor industry

Dislikes

Paid family Insurance, transport facility not available, free food is not available like other big companies.If you're technical person then after working remotely you may need onsite experience, that's where your role become very specific.

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Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 31 May 2023

3.0
 for  Salary and Benefits

Likes

Not at all good..If you want stable job then this company is not meant for you. They will force you to resign anytime whenever they want and put all blames on you.

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Dislikes

Management is very bad. Emotionless, Rude, and always playing mind games.

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GLOBALFOUNDRIES Asic Design Verification Engineer salary in Bangalore / Bengaluru ranges between ₹10 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 GLOBALFOUNDRIES latest salaries received from various employees of GLOBALFOUNDRIES.