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Medtronic Principal Engineer salaries in Hyderabad / Secunderabad

Annual salary range
14 - 20 years exp.
₹30.1 Lakhs - ₹47.3 Lakhs
Salary of majority employees
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20% 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)
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₹30.1 L/yr - ₹47.3 L/yr

Data Science & Analytics
Principal Engineer Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹41.7 L/yr - ₹43.3 L/yr

Last Updated: 13 Jun 2024

Companies similar to Medtronic for Principal Engineer in Hyderabad / Secunderabad

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Medtronic Principal Engineer Salary

14 - 20 years exp. (12 salaries)

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₹30.1 L/yr - ₹47.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Innominds Software Principal Engineer Salary

8 - 14 years exp. (89 salaries)

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₹13 L/yr - ₹34 L/yr

arrow icon 45% less
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Pramati Technologies Principal Engineer Salary

6 - 11 years exp. (69 salaries)

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₹13.9 L/yr - ₹27.6 L/yr

arrow icon 48% less
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Collins Aerospace Principal Engineer Salary

12 - 18 years exp. (50 salaries)

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₹18.5 L/yr - ₹42 L/yr

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

11 - 20 years exp. (43 salaries)

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₹24.1 L/yr - ₹60 L/yr

arrow icon 8% more
7 job openings
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Cloud4C Principal Engineer Salary

7 - 15 years exp. (39 salaries)

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₹12.5 L/yr - ₹34.6 L/yr

arrow icon 41% 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 12 latest salaries received from various employees of Medtronic.

Latest annual salaries shared by Medtronic Principal Engineer in Hyderabad / Secunderabad

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15 years exp.
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14 years exp.
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17 years exp.
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14 years exp.
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17 years exp.
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20 years exp.
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17 years exp.

Experience wise Medtronic Principal Engineer salaries in Hyderabad / Secunderabad

Last Updated: 13 Jun 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹37.5 L/yr - ₹41.7 L/yr
15+ years  (10 salaries)

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₹30.1 L/yr - ₹47.3 L/yr

Similar Designation salaries in Medtronic

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₹17.05 L/yr - ₹36 L/yr
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₹5.5 L/yr - ₹19.67 L/yr
Lead Engineer Salary
(28 salaries)
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₹19 L/yr - ₹36 L/yr
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₹22 L/yr - ₹54 L/yr
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₹25 L/yr - ₹40 L/yr
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₹18.4 L/yr - ₹22.5 L/yr
Technical Lead Salary
(4 salaries)
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₹21.54 L/yr - ₹34.5 L/yr

Salary related reviews for Medtronic

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more

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.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

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

read more

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

read more
  • 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

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.

read more

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

read more

Dislikes

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

read more
  • Salary - Bad
  • +6 more
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Medtronic Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Medtronic in Hyderabad / Secunderabad?
The average salary of a Principal Engineer at Medtronic in Hyderabad / Secunderabad typically ranges from ₹30.1 Lakhs to ₹47.3 Lakhs per year, depending on experience (from 14 years to 20 years).

The top 10% of Principal Engineer in Hyderabad / Secunderabad at Medtronic earn more than ₹47.1 Lakhs per year, and the top 1% earn over ₹47.3 Lakhs per year. Principal Engineer Salaries at Medtronic 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 10+ Medtronic employees in India.
What is the estimated take home salary of a Principal Engineer at Medtronic in Hyderabad / Secunderabad?
The estimated take-home salary of a Principal Engineer at Medtronic in Hyderabad / Secunderabad typically ranges from ₹2,40,186 to ₹2,49,909 per month. This is based on the average salary range of ₹30.1 Lakhs to ₹47.3 Lakhs per year for employees with experience ranging from 14 years to 20 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 10+ salaries received from various employees of Medtronic. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Medtronic for Principal Engineer in India?
Verizon ₹24.1 Lakhs to ₹60.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Medtronic, depending on the role and experience level.
What is the salary of a Principal Engineer in companies similar to Medtronic in Hyderabad / Secunderabad?
The salary of a Principal Engineer at companies similar to Medtronic in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Collins Aerospace ₹18.5 Lakhs to ₹42.0 Lakhs per year
Cloud4C ₹12.5 Lakhs to ₹34.6 Lakhs per year
Innominds Software ₹13.0 Lakhs to ₹34.0 Lakhs per year
Pramati Technologies ₹13.9 Lakhs to ₹27.6 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 Engineer at Medtronic in Hyderabad / Secunderabad?
The salary growth for a Principal Engineer at Medtronic in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Principal Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at Medtronic:

Experience Average Salary Range
14 years ₹37.5 Lakhs to ₹41.7 Lakhs per year
15 years ₹30.1 Lakhs to ₹47.3 Lakhs per year
and so on.

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Medtronic Principal Engineer salary in Hyderabad / Secunderabad ranges between ₹30.1 Lakhs to ₹47.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Medtronic latest salaries received from various employees of Medtronic.