MathWorks Bangalore / Bengaluru Principal Software Engineer Salaries by 2 Employees (Updated 2024)

16 - 17 years exp.

₹48 Lakhs - ₹53 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 4 Sep 2023

Companies similar to MathWorks for Principal Software Engineer in Bangalore / Bengaluru

MathWorks Principal Software Engineer Salary

16 - 17 years exp. (AmbitionBox Estimate)

₹48 L/yr - ₹53 L/yr

Company name	Avg Annual Salary	Open Jobs
Cadence Design Systems Principal Software Engineer Salary 7 - 12 years exp. (20 salaries)	₹25 L/yr - ₹48 L/yr 17% less	14 job openings
National Instruments Principal Software Engineer Salary 10 - 15 years exp. (7 salaries)	₹30.8 L/yr - ₹50 L/yr 14% less
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Pegasystems Principal Software Engineer Salary 7 - 12 years exp. (17 salaries)	₹17.6 L/yr - ₹41.6 L/yr 27% less
Visteon Principal Software Engineer Salary 9 - 15 years exp. (17 salaries)	₹22 L/yr - ₹51.5 L/yr 28% less
Infor Global Solution Principal Software Engineer Salary 10 - 15 years exp. (12 salaries)	₹15 L/yr - ₹30 L/yr 55% less
Veritas Principal Software Engineer Salary 9 - 12 years exp. (5 salaries)	₹38 L/yr - ₹40 L/yr 24% less
Akamai Technologies Principal Software Engineer Salary 13 - 19 years exp. (4 salaries)	₹50 L/yr - ₹55 L/yr 2% more
Red Hat Principal Software Engineer Salary 10 - 12 years exp. (3 salaries)	₹36.7 L/yr - ₹45 L/yr 25% less	1 job opening
Oracle Cerner Principal Software Engineer Salary 9 - 20 years exp. (3 salaries)	₹25.1 L/yr - ₹33.5 L/yr 44% less
AVAYA Principal Software Engineer Salary 10 - 14 years exp. (3 salaries)	₹15.5 L/yr - ₹23 L/yr 60% less

Principal Software Engineer salary at MathWorks ranges between ₹48 Lakhs to ₹53 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of MathWorks.

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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

1.0

Rated by 1 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

Dislikes

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

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.

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)

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

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.

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.

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

Dislikes

Compensation is par to market, but growth is slow

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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MathWorks Principal Software Engineer Salary FAQs

What is the notice period for Principal Software Engineer at MathWorks in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the MathWorks Principal Software Engineers in Bangalore / Bengaluru reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MathWorks Principal Software Engineer Salaries in Bangalore / Bengaluru

MathWorks Principal Software Engineer salary in Bangalore / Bengaluru ranges between ₹48 Lakhs to ₹53 Lakhs. This is an estimate based on latest salaries received from employees of MathWorks.