Medtronic Principal Engineer Salaries by 10+ Employees (Updated 2024)

14 - 21 years exp.

₹30.1 Lakhs - ₹50 Lakhs

Salary of majority employees

37% more than the average Principal Engineer Salary in Pharma Companies for 14 - 21 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 - ₹44.4 L/yr

Last Updated: 3 Aug 2024

Companies similar to Medtronic for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Philips Principal Engineer Salary 13 - 21 years exp. (4 salaries)	₹27 L/yr - ₹55 L/yr 9% more
Baxter International Principal Engineer Salary 9 - 17 years exp. (59 salaries)	₹18.2 L/yr - ₹45 L/yr 27% less	1 job opening
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GlaxoSmithKline Pharmaceuticals Principal Engineer Salary 9 - 17 years exp. (26 salaries)	₹25 L/yr - ₹64.7 L/yr 4% less	2 job openings
Stryker Principal Engineer Salary 10 - 18 years exp. (19 salaries)	₹34 L/yr - ₹60.6 L/yr 8% more
GE Healthcare Principal Engineer Salary 12 - 14 years exp. (5 salaries)	₹30 L/yr - ₹65 L/yr 3% less
Becton Dickinson Principal Engineer Salary 10 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 62% less

Principal Engineer salary at Medtronic ranges between ₹30.1 Lakhs to ₹50 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 16 latest salaries received from various employees of Medtronic.

Experience wise Medtronic Principal Engineer salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
14 years (3 salaries)	₹33 L/yr - ₹75.4 L/yr
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15+ years (13 salaries)	₹30.1 L/yr - ₹50 L/yr

Similar Designation salaries in Medtronic

Senior Engineer Salary

(9 salaries)

₹18 L/yr - ₹28 L/yr

Lead Engineer Salary

(35 salaries)

₹19 L/yr - ₹37 L/yr

Principal Software Engineer Salary

(17 salaries)

₹30 L/yr - ₹54 L/yr

Principal Consultant Salary

(AmbitionBox Estimate)

₹20.2 L/yr - ₹25.8 L/yr

Software Engineer Salary

(50 salaries)

₹5 L/yr - ₹18.65 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹13.2 L/yr - ₹16.9 L/yr

Lead Software Engineer Salary

(5 salaries)

₹27 L/yr - ₹40 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹19.9 L/yr - ₹25.4 L/yr

Senior Software Engineer Salary

(122 salaries)

₹15.1 L/yr - ₹36 L/yr

Technical Lead Salary

(7 salaries)

₹20 L/yr - ₹34.5 L/yr

Salary related reviews for Medtronic

4.0

Rated by 2 employees for salary & benefits

Principal Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 19 Jan 2024

4.0

for Salary and Benefits

Likes

The work life balance is awesome. Also the team interaction is good. All the team members are equally helpful and the company takes the upper hand to organise lot of events to improve team interactions.

Dislikes

The appraisal system and promotion and salary hikes.

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.

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.

Business Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Always on time Salary. If targets has been achieved, so you'll get proper incentives for that. Foreign trips if company achieved yearly targets. Overall great company to work.

Dislikes

Well, first of all, if you are on the sales team, you'll be always on pressure, unless until your target is achieved. It will be total nightmare for you if haven't reached out to your target, your manager will be always on top of you. So work culture is good from the outside but it will be really a headache from inside.

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.

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

Dislikes

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

see more salary related reviews

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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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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 ₹50.0 Lakhs for experience between 14 years to 21 years. According to our estimates it is 37% 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 37% 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?

Philips Principal Engineer Salary - ₹27.0 Lakhs to ₹55.0 Lakhs per year
Stryker Principal Engineer Salary - ₹34.0 Lakhs to ₹60.6 Lakhs per year

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

GE Healthcare Principal Engineer Salary - ₹30.0 Lakhs to ₹65.0 Lakhs per year
GlaxoSmithKline Pharmaceuticals Principal Engineer Salary - ₹25.0 Lakhs to ₹64.7 Lakhs per year
Baxter International Principal Engineer Salary - ₹18.2 Lakhs to ₹45.0 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 ₹2,53,686 per month to ₹2,64,020 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 ₹50.0 Lakhs per year for employees with experience between 14 years to 21 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 ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Medtronic latest salaries received from various employees of Medtronic.