Medtronic Principal Engineer Salaries by 10+ Employees (Updated 2025)

14 - 20 years exp.

₹30.1 Lakhs - ₹47.3 Lakhs

Salary of majority employees

29% more than the average Principal Engineer Salary in Medical Equipment Companies for 14 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 14 - 20 years exp. (7 salaries)	₹30.1 L/yr - ₹47.3 L/yr
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Data Science & Analytics Principal Engineer Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹41.7 L/yr - ₹43.3 L/yr

Last Updated: 8 Feb 2025

Companies similar to Medtronic for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Healthineers Principal Engineer Salary 12 - 14 years exp. (3 salaries)	₹27 L/yr - ₹43.5 L/yr 6% less
Philips Principal Engineer Salary 13 - 21 years exp. (4 salaries)	₹27 L/yr - ₹55 L/yr 7% more
Login to view exact salary
Baxter International Principal Engineer Salary 9 - 17 years exp. (59 salaries)	₹18.2 L/yr - ₹43.8 L/yr 24% less
Stryker Principal Engineer Salary 10 - 19 years exp. (15 salaries)	₹34 L/yr - ₹55 L/yr 16% more
GE Healthcare Principal Engineer Salary 12 - 14 years exp. (5 salaries)	₹31.5 L/yr - ₹65 L/yr 13% more
Alcon Principal Engineer Salary 9 - 11 years exp. (4 salaries)	₹22 L/yr - ₹32 L/yr 38% less
Becton Dickinson Principal Engineer Salary 10 - 17 years exp. (3 salaries)	₹14 L/yr - ₹18 L/yr 60% less

Principal Engineer salary at Medtronic ranges between ₹30.1 Lakhs to ₹47.3 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 16 latest salaries received from various employees of Medtronic.

Experience wise Medtronic Principal Engineer salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
14 years (3 salaries)	₹33 L/yr - ₹41.7 L/yr
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15+ years (13 salaries)	₹30.1 L/yr - ₹47.3 L/yr

Similar Designation salaries in Medtronic

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(10 salaries)

₹18 L/yr - ₹23 L/yr

Lead Engineer Salary

(37 salaries)

₹19 L/yr - ₹37 L/yr

Principal Software Engineer Salary

(16 salaries)

₹22 L/yr - ₹54 L/yr

Principal Consultant Salary

(AmbitionBox Estimate)

₹20.2 L/yr - ₹25.8 L/yr

Software Engineer Salary

(51 salaries)

₹5.03 L/yr - ₹20.33 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹13.2 L/yr - ₹16.9 L/yr

Lead Software Engineer Salary

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₹25 L/yr - ₹40 L/yr

Technical Architect Salary

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₹19.9 L/yr - ₹25.4 L/yr

Senior Software Engineer Salary

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Technical Lead Salary

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₹20 L/yr - ₹34.5 L/yr

Salary related reviews for Medtronic

4.0

Rated by 2 employees for salary & benefits

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Feb 2022

3.0

for Salary and Benefits

Likes

Meaningful work that serves the humanity. Great work culture. Perfect Work life balance. Framework to Innovate in every aspect.

Skill development - Good

+4 more

Dislikes

Slight disparity in terms of pay. Like any other Indian centres here also there are some managers who practice favoritism and that's spoiling the branding.

Sales Executive in Kolkata

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

Fortune 500 company! Great culture and ethics. Very well help to maintain work life balance. So many verticals to work on.

Skill development - Excellent

+4 more

Dislikes

Salary structure and appraisal in some divisions. Hard to negotiate with HR!

Director in Mumbai

Full Time

Strategic & Top Management Department

4.0

• posted on 07 Jun 2023

5.0

for Salary and Benefits

Likes

Great compensation and benefits Good products that are accepted well by customers Meritocratic culture in most teams

Salary - Excellent

+2 more

Dislikes

Frequent changes in management Job is not secure Weak processes hence getting work done is not easy

Work-life balance - Poor

Senior Executive in Navi Mumbai

Full Time

Sales and marketing Department

4.0

• posted on 19 Aug 2022

3.0

for Salary and Benefits

Likes

Women empowerment, flexible hour working, employee friendly environment.

Skill development - Good

+1 more

Dislikes

Promotions and salary hikes depends upon your senior, even you work hard and do best in your role, noone promotes you until your senior want that. It was demotivating for me.

Opperations Coordinator in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

1.0

• posted on 17 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing neither the salary was good nor the behaviour of the management

Dislikes

My manager was not at all approachable. She doesn’t listen to people n have made the environment dirty and difficult for subordinates

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Medtronic Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Medtronic?

Principal Engineer salary at Medtronic in India ranges between ₹30.1 Lakhs to ₹47.3 Lakhs for experience between 14 years to 20 years. According to our estimates it is 29% more than the average Principal Engineer Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Medtronic India.

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

The average salary of a Principal Engineer at Medtronic is 29% 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 Medtronic to a Principal Engineer in India?

Stryker Principal Engineer Salary - ₹34.0 Lakhs to ₹55.0 Lakhs per year
GE Healthcare Principal Engineer Salary - ₹31.5 Lakhs to ₹65.0 Lakhs per year
Philips Principal Engineer Salary - ₹27.0 Lakhs to ₹55.0 Lakhs per year

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

Siemens Healthineers Principal Engineer Salary - ₹27.0 Lakhs to ₹43.5 Lakhs per year
Baxter International Principal Engineer Salary - ₹18.2 Lakhs to ₹43.8 Lakhs per year
Alcon Principal Engineer Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year
Becton Dickinson Principal Engineer Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Medtronic ranges between ₹2,40,065 per month to ₹2,49,783 per month in India. The take-home salary calculation is based on the average Medtronic Principal Engineer salary in India which ranges between ₹30.1 Lakhs to ₹47.3 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Medtronic?

According to AmbitionBox, 50% of the Medtronic Principal Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Medtronic Principal Engineer Salaries

Medtronic Principal Engineer salary in India ranges between ₹30.1 Lakhs to ₹47.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Medtronic latest salaries received from various employees of Medtronic.