McDermott International Principal Project Engineer Salaries by 7 Employees

17 - 22 years exp.

₹27 Lakhs - ₹47.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

52% more than the average Principal Project Engineer Salary in Engineering & Construction Companies for 17 - 22 years of experience

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Salaries in different departments

Project & Program Management Principal Project Engineer Salary 18 - 22 years exp. (5 salaries)	₹27 L/yr - ₹47.3 L/yr
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Research & Development Principal Project Engineer Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹35.3 L/yr - ₹38.5 L/yr

Last Updated: 2 Jun 2024

Companies similar to McDermott International for Principal Project Engineer

Company name	Avg Annual Salary	Open Jobs
Worley Principal Project Engineer Salary 11 - 18 years exp. (7 salaries)	₹16.6 L/yr - ₹21.2 L/yr 44% less
Jacobs Engineering Group Principal Project Engineer Salary 9 - 18 years exp. (4 salaries)	₹18.5 L/yr - ₹24 L/yr 48% less
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Tecnimont Principal Project Engineer Salary 10 - 12 years exp. (7 salaries)	₹9.8 L/yr - ₹20 L/yr 61% less
Petrofac Principal Project Engineer Salary 13 - 25 years exp. (7 salaries)	₹19 L/yr - ₹45 L/yr 2% less
RiseSmart Principal Project Engineer Salary 6 - 9 years exp. (5 salaries)	₹22.9 L/yr - ₹44 L/yr 3% less

Principal Project Engineer salary at McDermott International ranges between ₹27 Lakhs to ₹47.3 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 7 latest salaries received from various employees of McDermott International.

Experience wise McDermott International Principal Project Engineer salaries

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
15+ years (7 salaries)	₹27 L/yr - ₹47.3 L/yr
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Similar Designation salaries in McDermott International

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Production Engineer Salary

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Junior Engineer Salary

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Service Engineer Salary

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Assistant Project Manager Salary

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₹8.1 L/yr - ₹10.4 L/yr

Electrical Engineer Salary

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₹8.75 L/yr - ₹21.76 L/yr

Assistant Engineer Salary

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₹4.5 L/yr - ₹5.8 L/yr

Quality Engineer Salary

(3 salaries)

₹20.19 L/yr - ₹50.3 L/yr

Top skills at McDermott International for Principal Project Engineer

Project Engineering Quality Audit Administration Operations Forecasting Change Management Fabrication Project Execution Engineering Project Management

Salary related reviews for McDermott International

4.0

Rated by 1 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.

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

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.

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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McDermott International Principal Project Engineer Salary FAQs

What is the salary of Principal Project Engineer at McDermott International ?

The average salary of a Principal Project Engineer at McDermott International in India typically ranges from ₹27.0 Lakhs to ₹47.3 Lakhs per year, depending on experience (from 17 years to 22 years).

The top 10% of Principal Project Engineer at McDermott International earn more than ₹45.5 Lakhs per year, and the top 1% earn over ₹47.3 Lakhs per year. Principal Project Engineer Salaries at McDermott International 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 7 McDermott International employees in India.

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

The estimated take-home salary of a Principal Project Engineer at McDermott International in India typically ranges from ₹2,15,397 to ₹2,23,999 per month. This is based on the average salary range of ₹27.0 Lakhs to ₹47.3 Lakhs per year for employees with experience ranging from 17 years to 22 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 7 salaries received from various employees of McDermott International. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Project Engineer at McDermott International ?

To be a Principal Project Engineer at McDermott International in india, the key skills required include:

- Project Engineering
- Quality Audit
- Administration
- Operations
- Forecasting

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

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

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

Petrofac	₹19.0 Lakhs to ₹45.0 Lakhs per year
RiseSmart	₹22.9 Lakhs to ₹44.0 Lakhs per year
Worley	₹16.6 Lakhs to ₹21.2 Lakhs per year
Jacobs Engineering Group	₹18.5 Lakhs to ₹24.0 Lakhs per year
Tecnimont	₹9.8 Lakhs to ₹20.0 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 Project Engineer at McDermott International in India?

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

Experience	Average Salary Range
15 years	₹27.0 Lakhs to ₹47.3 Lakhs per year

and so on.

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McDermott International Principal Project Engineer Salaries

McDermott International Principal Project Engineer salary in India ranges between ₹27 Lakhs to ₹47.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 McDermott International latest salaries received from various employees of McDermott International.