McDermott International Principal Engineer Salaries by 20+ Employees (Updated 2024)

15 - 26 years exp.

₹22 Lakhs - ₹60 Lakhs

Salary of majority employees

24% more than the average Principal Engineer Salary in Engineering & Construction Companies for 15 - 26 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 16 - 26 years exp. (8 salaries)	₹26 L/yr - ₹51 L/yr
Research & Development Principal Engineer Salary 15 - 26 years exp. (4 salaries)	₹35 L/yr - ₹60 L/yr
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Consulting Principal Engineer Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹33.4 L/yr - ₹39.7 L/yr

Last Updated: 17 Aug 2024

Companies similar to McDermott International for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
TechnipFMC Principal Engineer Salary 9 - 18 years exp. (68 salaries)	₹11.4 L/yr - ₹20 L/yr 58% less
Saipem Principal Engineer Salary 10 - 17 years exp. (188 salaries)	₹11.3 L/yr - ₹26.4 L/yr 54% less
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Petrofac Principal Engineer Salary 12 - 20 years exp. (66 salaries)	₹12 L/yr - ₹36 L/yr 35% less	2 job openings
Worley Principal Engineer Salary 14 - 25 years exp. (45 salaries)	₹16.3 L/yr - ₹38 L/yr 24% less
Bechtel Principal Engineer Salary 11 - 18 years exp. (3 salaries)	₹23.5 L/yr - ₹50 L/yr 3% less
Technip Energies Principal Engineer Salary 9 - 17 years exp. (93 salaries)	₹11 L/yr - ₹24 L/yr 52% less	1 job opening
AECOM Principal Engineer Salary 9 - 14 years exp. (46 salaries)	₹12 L/yr - ₹30 L/yr 45% less	33 job openings
Jacobs Engineering Group Principal Engineer Salary 10 - 19 years exp. (38 salaries)	₹9.5 L/yr - ₹26.4 L/yr 49% less
Wood Group Principal Engineer Salary 14 - 19 years exp. (32 salaries)	₹15.3 L/yr - ₹32 L/yr 39% less	2 job openings
JGC Corporation Principal Engineer Salary 13 - 21 years exp. (15 salaries)	₹24 L/yr - ₹30 L/yr 28% less	1 job opening
AtkinsRealis Principal Engineer Salary 9 - 19 years exp. (13 salaries)	₹15 L/yr - ₹48 L/yr 21% less	1 job opening
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Aker Solutions Principal Engineer Salary 10 - 21 years exp. (12 salaries)	₹12 L/yr - ₹25 L/yr 56% less
Ramboll Principal Engineer Salary 7 - 18 years exp. (14 salaries)	₹15.3 L/yr - ₹24.2 L/yr 46% less	3 job openings
Oceaneering International Principal Engineer Salary 12 - 15 years exp. (8 salaries)	₹22 L/yr - ₹28.7 L/yr 37% less
Halliburton Principal Engineer Salary 3 - 13 years exp. (5 salaries)	₹23 L/yr - ₹39 L/yr 22% less
Baker Hughes Principal Engineer Salary 14 - 27 years exp. (4 salaries)	₹25 L/yr - ₹53 L/yr 19% more
Egis India Consulting Engineers Principal Engineer Salary 15 - 16 years exp. (3 salaries)	₹33 L/yr - ₹36 L/yr 12% less

Principal Engineer salary at McDermott International ranges between ₹22 Lakhs to ₹60 Lakhs per year for employees with experience between 15 years to 26 years. Salary estimates are based on 24 latest salaries received from various employees of McDermott International.

Experience wise McDermott International Principal Engineer salaries

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
15+ years (24 salaries)	₹22 L/yr - ₹60 L/yr
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Similar Designation salaries in McDermott International

Senior Engineer Salary

(45 salaries)

₹12 L/yr - ₹32 L/yr

Lead Engineer Salary

(4 salaries)

₹24 L/yr - ₹45 L/yr

Principal Software Engineer Salary

(5 salaries)

₹30 L/yr - ₹36.75 L/yr

Software Engineer Salary

(4 salaries)

₹7 L/yr - ₹25.5 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹22.5 L/yr - ₹28.7 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Project Manager Salary

(7 salaries)

₹15.5 L/yr - ₹40 L/yr

Team Lead Salary

(7 salaries)

₹6.1 L/yr - ₹8.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for McDermott International

3.6

Rated by 5 employees for salary & benefits

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.

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.

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

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.

Dislikes

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

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.

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)

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.

Dislikes

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

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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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McDermott International Principal Engineer Salary FAQs

What is the salary of Principal Engineer at McDermott International?

Principal Engineer salary at McDermott International in India ranges between ₹22.0 Lakhs to ₹60.0 Lakhs for experience between 15 years to 26 years. According to our estimates it is 24% more than the average Principal Engineer Salary in India. Salary estimates are based on 24 latest salaries received from various employees of McDermott International India.

How does the salary of a Principal Engineer at McDermott International India compare with the average salary range for this job?

The average salary of a Principal Engineer at McDermott International is 24% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than McDermott International to a Principal Engineer in India?

Baker Hughes Principal Engineer Salary - ₹25.0 Lakhs to ₹53.0 Lakhs per year

What is the salary of a Principal Engineer in companies similar to McDermott International in India?

Bechtel Principal Engineer Salary - ₹23.5 Lakhs to ₹50.0 Lakhs per year
Egis India Consulting Engineers Principal Engineer Salary - ₹33.0 Lakhs to ₹36.0 Lakhs per year
AtkinsRealis Principal Engineer Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
Halliburton Principal Engineer Salary - ₹23.0 Lakhs to ₹39.0 Lakhs per year
Worley Principal Engineer Salary - ₹16.3 Lakhs to ₹38.0 Lakhs per year

What is the estimated take home salary of a Principal Engineer at McDermott International in India?

The estimated take-home salary of a Principal Engineer at McDermott International ranges between ₹2,31,643 per month to ₹2,40,980 per month in India. The take-home salary calculation is based on the average McDermott International Principal Engineer salary in India which ranges between ₹22.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 15 years to 26 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at McDermott International?

According to AmbitionBox, 67% of the McDermott International Principal Engineers reported a notice period of 2 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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McDermott International Principal Engineer Salaries

McDermott International Principal Engineer salary in India ranges between ₹22 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 McDermott International latest salaries received from various employees of McDermott International.