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Methode Electronics

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3.2

based on 31 Reviews

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Methode Electronics Principal Design Engineer salaries in India

Annual salary range
14 - 17 years exp.
₹15.7 Lakhs - ₹20.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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35% less than the average Principal Design Engineer Salary in Electronics Manufacturing Companies for 14 - 17 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Methode Electronics for Principal Design Engineer

Company name Avg Annual Salary Open Jobs
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Jacobs Engineering Group Principal Design Engineer Salary

10 - 17 years exp. (20 salaries)
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₹15.5 L/yr - ₹24 L/yr

arrow icon 8% more
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Worley Principal Design Engineer Salary

12 - 18 years exp. (17 salaries)
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₹17.3 L/yr - ₹26 L/yr

arrow icon 27% more
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Cadence Design Systems Principal Design Engineer Salary

9 - 12 years exp. (15 salaries)
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₹36 L/yr - ₹57 L/yr

arrow icon 160% more
 18 job openings
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Oceaneering International Principal Design Engineer Salary

10 - 18 years exp. (9 salaries)
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₹15 L/yr - ₹22.6 L/yr

arrow icon 3% more
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Tecnimont Principal Design Engineer Salary

10 - 16 years exp. (8 salaries)
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₹15 L/yr - ₹21 L/yr

arrow icon 3% more
Principal Design Engineer salary at Methode Electronics ranges between ₹15.7 Lakhs to ₹20.9 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Methode Electronics.

Latest annual salaries shared by Methode Electronics Principal Design Engineer

1y ago
₹20.9 Lakhs
17 years exp.
1y ago
₹17.7 Lakhs
16 years exp.
1y ago
₹17.7 Lakhs
15 years exp.
1y ago
₹15.7 Lakhs
14 years exp.

Experience wise Methode Electronics Principal Design Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
15+ years  (3 salaries)

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₹17.6 L/yr - ₹20.9 L/yr

Similar Designation salaries in Methode Electronics

Senior Design Engineer Salary
(6 salaries)
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₹5.5 L/yr - ₹7 L/yr
Lead Design Engineer Salary
(6 salaries)
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₹7.25 L/yr - ₹10 L/yr
Design Engineer Salary
(4 salaries)
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₹4.6 L/yr - ₹6 L/yr
Senior Mechanical Design Engineer Salary
(4 salaries)
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₹6 L/yr - ₹10 L/yr
Project Engineer Salary
(3 salaries)
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₹4.05 L/yr - ₹5.3 L/yr
Senior Engineer Salary
(20 salaries)
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₹4 L/yr - ₹8.45 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Senior Software Engineer Salary
(8 salaries)
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₹4 L/yr - ₹7 L/yr
Lead Engineer Salary
(32 salaries)
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₹5.65 L/yr - ₹14.35 L/yr
Technical Lead Salary
(4 salaries)
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₹13 L/yr - ₹18 L/yr

Salary related reviews for Methode Electronics

Senior Leader Engineer in Bangalore / Bengaluru

Part Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 30 Sep 2024
2.0
 for  Salary and Benefits

Likes

good learning and they will pay you anything you ask for because once you are done with the project they will throw you outta the organisation like a piece of garbage.

read more

Dislikes

1. Technically illetrare management. 2. Weak management. 3. Worst work life balance. 4. Worst HR policies. 5. Internal politics. 6. Spying on employees by listening and watching them on CCTVs and spying the employees through job portals I can go on and on it will never end. You should think a million times before you join here

read more
  • Salary - Poor
    • +6 more

Embedded Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

1.0
  •  posted on 07 Jun 2022
1.0
 for  Salary and Benefits

Likes

There is nothing to like

Dislikes

The management is terrible, absolutely no training or skill development sessions for freshers, compensation is below par. No work culture. Whether there is work or not one has to clock in for 9hrs a day compulsory. No benefits.

read more
  • Salary - Bad
    • +6 more

Principal Engineer in Bangalore / Bengaluru

Research & Development Department

3.0
  •  posted on 26 May 2022
1.0
 for  Salary and Benefits

Likes

PRODUCT PORTFOLIO AT THE BEGINING OF MY CARRIER, CURENTLY THAT TOO HAVE DECLINED. WORK LIFE BALANCE.

  • Skill development - Good
    • +2 more

Dislikes

BENEFITS ARE WAY BELOW PAR COMPARED TO CURRENT MARKET. MANGERS DO NOT POSSES ANY POWER, HR DRIVES THE SHOW. CURRENTLY HR IS ON THE BACK SEAT & IT RUN BY CTO SITTING SOMEWHERE.

read more
  • Salary - Bad
    • +2 more
see more salary related reviews

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peacemaker
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New offer. Confused.
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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Methode Electronics Principal Design Engineer Salary FAQs

What is the salary of Principal Design Engineer at Methode Electronics ?
The average salary of a Principal Design Engineer at Methode Electronics in India typically ranges from ₹15.7 Lakhs to ₹20.9 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Principal Design Engineer at Methode Electronics earn more than ₹20.9 Lakhs per year, and the top 1% earn over ₹20.9 Lakhs per year. Principal Design Engineer Salaries at Methode Electronics 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 4 Methode Electronics employees in India.
What is the estimated take home salary of a Principal Design Engineer at Methode Electronics in India?
The estimated take-home salary of a Principal Design Engineer at Methode Electronics in India typically ranges from ₹1,20,856 to ₹1,24,251 per month. This is based on the average salary range of ₹15.7 Lakhs to ₹20.9 Lakhs per year for employees with experience ranging from 14 years to 17 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 4 salaries received from various employees of Methode Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Methode Electronics for Principal Design Engineer in India?
Cadence Design Systems ₹36.0 Lakhs to ₹57.0 Lakhs per year
Worley ₹17.3 Lakhs to ₹26.0 Lakhs per year
Jacobs Engineering Group ₹15.5 Lakhs to ₹24.0 Lakhs per year
Oceaneering International ₹15.0 Lakhs to ₹22.6 Lakhs per year
Tecnimont ₹15.0 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Methode Electronics, depending on the role and experience level.
How the salary growth look like for a Principal Design Engineer at Methode Electronics in India?
The salary growth for a Principal Design Engineer at Methode Electronics depends on factors such as experience, performance, and promotions. On average, a Principal Design Engineer can expect the following growth trajectory at Methode Electronics:

Experience Average Salary Range
14 years ₹14.1 Lakhs to ₹18.0 Lakhs per year
15 years ₹17.6 Lakhs to ₹20.9 Lakhs per year
and so on.

Tell us how to improve this page.

Methode Electronics Principal Design Engineer salary in India ranges between ₹15.7 Lakhs to ₹20.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Methode Electronics latest salaries received from various employees of Methode Electronics.