McDermott International Principal Salaries by 3 Employees

11 - 14 years exp.

₹38 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

101% more than the average Principal Salary in Engineering & Construction Companies for 11 - 14 years of experience

Interested in this particular role? 1 job opening

Last Updated: 21 Sep 2024

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Principal salary at McDermott International ranges between ₹38 Lakhs to ₹40 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of McDermott International.

Experience wise McDermott International Principal salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
12 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
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14 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr

Similar Designation salaries in McDermott International

Director Salary

(AmbitionBox Estimate)

₹66.5 L/yr - ₹73.5 L/yr

Top skills at McDermott International for Principal

Change Management Technology Solutions System Architecture Instrumentation Engineering Technical Support Quality Audit Fabrication Project Management Change Management Instrumentation HAZOP Project Delivery Spare Parts Spare Parts Auditing

Salary related reviews for McDermott International

Commissioning Engineer in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

Good management And HR, Supports you to learn new things

Skill development - Excellent

+5 more

Dislikes

During salary negotiation they will con you, telling you are the highest salary in the entire company but in reality you are the middle are in lower. Once Joined you will get sad!

Senior HSE Engineer in Chennai

Full Time

Energy & Mining Department

4.0

• posted on 10 Mar 2023

4.0

for Salary and Benefits

Likes

The employees are appreciated for every good effort they make. For example, people with outstanding contribution are selected for "Employee of the Day", "Employee of the month" etc and rewarded accordingly. There is no trace of politics.

Salary - Good

+5 more

Dislikes

Basic salary is very high. This implies lower HRA exemption. People complain of poor work life balance, but this seldom happened to me.

Senior Engineer in Dubai

Full Time

Research & Development Department

4.0

• posted on 08 Dec 2022

5.0

for Salary and Benefits

Likes

Salary is good compared to other main contractors.

Salary - Excellent

+3 more

Dislikes

Family benefits component provided for is not clarified in the offer. Once you join you will get to know, you will get that amount after you bring your family. So effectively, you will loose first 2, 3 months of this amount. Secondly, the agreed salary and provided salary will have a minor difference, and the justification is, this is as per their company pay structure and calculation, so you always loose 200 or 300 from your salary.

Skill development - Poor

+1 more

Lead Piping Engineer in Gurgaon / Gurugram

Other Department

4.0

• posted on 27 May 2022

2.0

for Salary and Benefits

Likes

I would appreciate the job security and work culture in this company. We almost continuously have projects which I would consider a very good indicator. Even though work satisfaction is subjective, I personally is very satisfied with my work.

Job security - Excellent

+1 more

Dislikes

...is definitely a change (not positive) in work culture due to management changes. Compensation is not at par with the prevailing rates (Partially due to company's financial condition)

Salary - Poor

Senior Piping Designer in Gurgaon / Gurugram

Research & Development Department

5.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

Company having good Culture, work-life balance, Job security. Company has good cafeteria & food facility. Teammates are very cooperative. Policies are transparent.

Job security - Excellent

+3 more

Dislikes

Poor career growth & opportunities and compensation & benefits. Appraisal & salary hike need to be fair. Notice period after resignation is of 2 months.

Salary - Poor

+1 more

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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McDermott International Principal Salary FAQs

How the salary growth look like for a Principal at McDermott International in India?

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

Experience	Average Salary Range
11 years	₹34.2 Lakhs to ₹43.7 Lakhs per year
12 years	₹34.2 Lakhs to ₹43.7 Lakhs per year
14 years	₹36.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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McDermott International Principal Salaries

McDermott International Principal salary in India ranges between ₹38 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 McDermott International latest salaries received from various employees of McDermott International.