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McDermott International Principal Engineer salaries in Chennai

Annual salary range
18 - 26 years exp.
₹26 Lakhs - ₹36 Lakhs
Salary of majority employees
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30% more than the average Principal Engineer Salary in Engineering & Construction Companies for 18 - 26 years of experience

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Last Updated: 20 Oct 2023

Companies similar to McDermott International for Principal Engineer in Chennai

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McDermott International Principal Engineer Salary

18 - 26 years exp. (6 salaries)

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₹26 L/yr - ₹36 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TechnipFMC Principal Engineer Salary

9 - 18 years exp. (25 salaries)

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₹11.4 L/yr - ₹19 L/yr

arrow icon 57% less
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Saipem Principal Engineer Salary

9 - 17 years exp. (155 salaries)

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₹11 L/yr - ₹26.4 L/yr

arrow icon 49% less
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Petrofac Principal Engineer Salary

12 - 19 years exp. (19 salaries)

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₹14.5 L/yr - ₹30 L/yr

arrow icon 24% less
4 job openings
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Worley Principal Engineer Salary

19 - 23 years exp. (3 salaries)

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₹18.1 L/yr - ₹30.4 L/yr

arrow icon 19% less
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Wood Group Principal Engineer Salary

15 - 20 years exp. (25 salaries)

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₹17 L/yr - ₹29 L/yr

arrow icon 30% less
2 job openings
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Technip Energies Principal Engineer Salary

10 - 16 years exp. (25 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 50% less
2 job openings
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JGC Corporation Principal Engineer Salary

13 - 21 years exp. (14 salaries)

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₹24 L/yr - ₹33.5 L/yr

arrow icon 19% less
1 job opening
Principal Engineer salary at McDermott International ranges between ₹26 Lakhs to ₹36 Lakhs per year for employees with experience between 18 years to 26 years. Salary estimates are based on 6 latest salaries received from various employees of McDermott International.

Latest annual salaries shared by McDermott International Principal Engineer in Chennai

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20 years exp.
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23 years exp.
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26 years exp.
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22 years exp.
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18 years exp.
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21 years exp.

Experience wise McDermott International Principal Engineer salaries in Chennai

Last Updated: 20 Oct 2023

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹26 L/yr - ₹36 L/yr

Similar Designation salaries in McDermott International

Team Lead Salary
(7 salaries)
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₹6.1 L/yr - ₹8.7 L/yr
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₹14 L/yr - ₹28.87 L/yr

Salary related reviews for McDermott International

3.0

Rated by 2 employees for salary & benefits

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.

read more
  • Skill development - Poor
  • +1 more

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!

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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.

read more
  • 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.

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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.

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  • 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)

read more
  • Salary - Poor

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.

read more
  • 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.

read more
  • Salary - Poor
  • +1 more
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McDermott International Principal Engineer Salary FAQs

What is the salary of Principal Engineer at McDermott International Chennai?
Principal Engineer salary at McDermott International in Chennai ranges between ₹26.0 Lakhs to ₹36.0 Lakhs for experience between 18 years to 26 years. According to our estimates it is 30% more than the average Principal Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of McDermott International Chennai.
How does the salary of a Principal Engineer at McDermott International Chennai compare with the average salary range for this job?
The average salary of a Principal Engineer at McDermott International is 30% more than the average salary of a Principal Engineer in Chennai. To know exact salary insights, login to view.
What is the salary of a Principal Engineer in companies similar to McDermott International in Chennai?
  • JGC Corporation Principal Engineer Salary - ₹24.0 Lakhs to ₹33.5 Lakhs per year
  • Worley Principal Engineer Salary - ₹18.1 Lakhs to ₹30.4 Lakhs per year
  • Petrofac Principal Engineer Salary - ₹14.5 Lakhs to ₹30.0 Lakhs per year
  • Wood Group Principal Engineer Salary - ₹17.0 Lakhs to ₹29.0 Lakhs per year
  • Saipem Principal Engineer Salary - ₹11.0 Lakhs to ₹26.4 Lakhs per year
What is the estimated take home salary of a Principal Engineer at McDermott International in Chennai?
The estimated take-home salary of a Principal Engineer at McDermott International ranges between ₹2,09,734 per month to ₹2,18,080 per month in Chennai. The take-home salary calculation is based on the average McDermott International Principal Engineer salary in India which ranges between ₹26.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 18 years to 26 years. Check how did we calculate take home salary?
What is the notice period for Principal Engineer at McDermott International in Chennai?
According to AmbitionBox, 60% of the McDermott International Principal Engineers in Chennai reported a notice period of 2 Months, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

McDermott International Principal Engineer salary in Chennai ranges between ₹26 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 McDermott International latest salaries received from various employees of McDermott International.