MathWorks Principal Software Engineer Salaries by 5 Employees (Updated 2025)

12 - 16 years exp.

₹46 Lakhs - ₹60 Lakhs

Low Confidence

Salary of majority employees

57% more than the average Principal Software Engineer Salary in Software Product Companies for 12 - 16 years of experience

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Last Updated: 17 Mar 2025

Companies similar to MathWorks for Principal Software Engineer

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Citrix Principal Software Engineer Salary 13 - 22 years exp. (6 salaries)	₹55 L/yr - ₹96 L/yr 43% more
Adobe Principal Software Engineer Salary 2 - 11 years exp. (5 salaries)	₹13.6 L/yr - ₹20 L/yr 67% less
Wolters Kluwer Principal Software Engineer Salary 9 - 11 years exp. (5 salaries)	₹11 L/yr - ₹14 L/yr 76% less
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Oracle Cerner Principal Software Engineer Salary 9 - 14 years exp. (4 salaries)	₹25.1 L/yr - ₹38.5 L/yr 36% less
Teradata Principal Software Engineer Salary 12 - 17 years exp. (4 salaries)	₹15.1 L/yr - ₹55 L/yr 16% less
ServiceNow Principal Software Engineer Salary 11 - 15 years exp. (3 salaries)	₹39.9 L/yr - ₹93 L/yr 24% more
VMware Software Principal Software Engineer Salary 14 - 16 years exp. (3 salaries)	₹42 L/yr - ₹80.1 L/yr 34% more
Blue Yonder Principal Software Engineer Salary 9 - 13 years exp. (3 salaries)	₹21 L/yr - ₹26 L/yr 55% less

Principal Software Engineer salary at MathWorks ranges between ₹46 Lakhs to ₹60 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of MathWorks.

Experience wise MathWorks Principal Software Engineer salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹54 L/yr - ₹60 L/yr
13 years (AmbitionBox Estimate)	₹47 L/yr - ₹94.9 L/yr
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14 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹51.5 L/yr
15+ years (AmbitionBox Estimate)	₹46 L/yr - ₹84.3 L/yr

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Top skills at MathWorks for Principal Software Engineer

Coding Simulink HDL FPGA Embedded Systems C++ Testing MATLAB

Salary related reviews for MathWorks

2.8

Rated by 2 employees for salary & benefits

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

- Job Security - Work Life Balance - Work Culture at Natick Office - Working with Brilliant minds at Natick Office

Salary - Excellent

+3 more

Dislikes

- Less salary compensation compared with competitors - Few Garbage managers in Hyd office - Worst HR and IT departments.

Promotions - Bad

+1 more

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

3.0

• posted on 14 Apr 2021

2.0

for Salary and Benefits

Likes

Great Work-Life balance. Your personal time is valued and respected. Stress-free environment. There are only two releases per year so there is no pressure of deadlines. Lot of freedom and flexibility , you get to define your own responsibilities. This however depends on your team and manager. The Bangalore office has excellent work culture in this aspect.

Job security - Excellent

+2 more

Dislikes

-Below market level compensation(~ 50th percentile) , especially for someone from Tier-I institutes(IIT, Top IIITs, Top NITs) with a computer science major. No RSU/ESOP/stock grants. Minuscule Bonus (StakeHolder Bonus ~ 7-8% ). Almost no perks and poor office amenities. The management/HR responsible for overseeing these aspects of compensation/perks/amenities etc. for India office are either incompetent or unethical. - No defined career progression, the only level after SWE/SDE is Senior SDE which can take anywhere between 3-5 yrs and does not have concrete milestones to measure your progress. - Development work moves at an extremely slow pace (Huge legacy C++ code base)

Salary - Poor

+2 more

Principal Training Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

1.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

Salary and benefits

Salary - Excellent

Dislikes

US teams treat the India teams like subordinates. Managers, HODs, have no interest in projects done by the India teams. Barely any recognition, but lots of criticism. Recognition is reserved for folks in the US office. India office folks regularly expected to login from home in the evenings after spending full days in office to accommodate US folks.

Job security - Poor

+4 more

EDG Intern in Bangalore / Bengaluru

Intern

Engineering - Hardware & Networks Department

4.0

• posted on 11 Aug 2023

4.0

for Salary and Benefits

Likes

...are individual and not a group and you're given full responsibility and freedom. Also work timings are flexible with good pay. The products you work on are visible and that motivates people.

Salary - Good

+3 more

Dislikes

The training program isn't personalized so you have to learn a lot of things on your own. The managers are busy managing many projects and have hardly time to guide new joinees. The amenities in office hardly exist like food.

Senior Financial Analyst in Bangalore / Bengaluru

Finance & Administration Department

5.0

• posted on 12 Apr 2022

5.0

for Salary and Benefits

Likes

The company provides good opportunities for every individual to learn and build their career. Good teamwork and nice team collaboration for new initiatives for improvising the processes

Salary - Excellent

+6 more

Dislikes

Compensation is par to market, but growth is slow

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MathWorks Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at MathWorks ?

The average salary of a Principal Software Engineer at MathWorks in India typically ranges from ₹46.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Principal Software Engineer at MathWorks earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Principal Software Engineer Salaries at MathWorks 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 MathWorks employees in India.

What is the estimated take home salary of a Principal Software Engineer at MathWorks in India?

The estimated take-home salary of a Principal Software Engineer at MathWorks in India typically ranges from ₹2,94,085 to ₹3,05,763 per month. This is based on the average salary range of ₹46.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 12 years to 16 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 MathWorks. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Software Engineer at MathWorks ?

To be a Principal Software Engineer at MathWorks in india, the key skills required include:

- Coding
- Simulink
- HDL
- FPGA
- Embedded Systems

These skills are highly valued at MathWorks and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MathWorks for Principal Software Engineer in India?

Atlassian	₹65.0 Lakhs to ₹125.0 Lakhs per year
Citrix	₹55.0 Lakhs to ₹96.0 Lakhs per year
VMware Software	₹42.0 Lakhs to ₹80.1 Lakhs per year
ServiceNow	₹39.9 Lakhs to ₹93.0 Lakhs per year
Akamai Technologies	₹50.0 Lakhs to ₹55.0 Lakhs per year

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

What is the salary of a Principal Software Engineer in companies similar to MathWorks in India?

The salary of a Principal Software Engineer at companies similar to MathWorks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sabre	₹37.0 Lakhs to ₹56.0 Lakhs per year
Amadeus	₹39.0 Lakhs to ₹55.0 Lakhs per year
Teradata	₹15.1 Lakhs to ₹55.0 Lakhs per year
Red Hat	₹36.6 Lakhs to ₹54.0 Lakhs per year
Nuance Communications	₹25.0 Lakhs to ₹43.0 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 Principal Software Engineer at MathWorks in India?

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

Experience	Average Salary Range
12 years	₹54.0 Lakhs to ₹60.0 Lakhs per year
13 years	₹47.0 Lakhs to ₹94.9 Lakhs per year
14 years	₹20.1 Lakhs to ₹51.5 Lakhs per year
15 years	₹46.0 Lakhs to ₹84.3 Lakhs per year

and so on.

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MathWorks Principal Software Engineer Salaries

MathWorks Principal Software Engineer salary in India ranges between ₹46 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MathWorks latest salaries received from various employees of MathWorks.