Methode Electronics Principal Engineer Salaries by 10+ Employees (Updated 2025)

8 - 15 years exp.

₹9.8 Lakhs - ₹20 Lakhs

Salary of majority employees

49% less than the average Principal Engineer Salary in Electronics Manufacturing Companies for 8 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 10 - 12 years exp. (6 salaries)	₹13.2 L/yr - ₹19 L/yr
Research & Development Principal Engineer Salary 8 - 13 years exp. (5 salaries)	₹9.8 L/yr - ₹17.8 L/yr
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Production, Manufacturing & Engineering Principal Engineer Salary 10 - 15 years exp. (4 salaries)	₹14.6 L/yr - ₹20 L/yr
Project & Program Management Principal Engineer Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr

Last Updated: 12 Jan 2025

Companies similar to Methode Electronics for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Tektronix Principal Engineer Salary 13 - 14 years exp. (3 salaries)	₹24.7 L/yr - ₹48.5 L/yr 101% more
HARMAN Principal Engineer Salary 9 - 15 years exp. (468 salaries)	₹17 L/yr - ₹51.1 L/yr 113% more	9 job openings
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Hughes Systique Corporation Principal Engineer Salary 5 - 11 years exp. (282 salaries)	₹12 L/yr - ₹30 L/yr 33% more
Oracle Principal Engineer Salary 9 - 16 years exp. (266 salaries)	₹15 L/yr - ₹65 L/yr 128% more	2 job openings
Wissen Technology Principal Engineer Salary 7 - 11 years exp. (254 salaries)	₹15.5 L/yr - ₹42 L/yr 98% more

Principal Engineer salary at Methode Electronics ranges between ₹9.8 Lakhs to ₹20 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 17 latest salaries received from various employees of Methode Electronics.

Experience wise Methode Electronics Principal Engineer salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹26.4 L/yr
9 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.2 L/yr
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10 years (5 salaries)	₹10.3 L/yr - ₹17 L/yr
11 years (4 salaries)	₹13.2 L/yr - ₹19 L/yr
12 years (3 salaries)	₹14 L/yr - ₹19 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹30.4 L/yr
14 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹20 L/yr
15+ years (AmbitionBox Estimate)	₹7.1 L/yr - ₹20 L/yr

View all

Similar Designation salaries in Methode Electronics

Senior Engineer Salary

(20 salaries)

₹4 L/yr - ₹8.45 L/yr

Lead Engineer Salary

(32 salaries)

₹5.65 L/yr - ₹14.35 L/yr

Principal Software Engineer Salary

(3 salaries)

₹17 L/yr - ₹20 L/yr

Software Engineer Salary

(14 salaries)

₹3.5 L/yr - ₹5.2 L/yr

Technical Manager Salary

(4 salaries)

₹20.6 L/yr - ₹27 L/yr

Lead Software Engineer Salary

(3 salaries)

₹7.2 L/yr - ₹11.9 L/yr

Senior Software Engineer Salary

(8 salaries)

₹4 L/yr - ₹7 L/yr

Technical Lead Salary

(4 salaries)

₹13 L/yr - ₹18 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Project Lead Salary

(4 salaries)

₹9 L/yr - ₹10.5 L/yr

Top skills at Methode Electronics for Principal Engineer

CMMI Automotive Quality Systems Process Quality External Audit Auditing Quality Management

Salary related reviews for Methode Electronics

1.0

Rated by 1 employees for salary & benefits

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.

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

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.

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.

Salary - Bad

+2 more

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Methode Electronics Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Methode Electronics ?

The average salary of a Principal Engineer at Methode Electronics in India typically ranges from ₹9.8 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Principal Engineer at Methode Electronics earn more than ₹19.8 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Principal 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 10+ Methode Electronics employees in India.

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

The estimated take-home salary of a Principal Engineer at Methode Electronics in India typically ranges from ₹1,10,546 to ₹1,13,608 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 Methode Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at Methode Electronics ?

To be a Principal Engineer at Methode Electronics in india, the key skills required include:

- CMMI
- Automotive
- Quality Systems
- Process Quality
- External Audit

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

Which companies offer higher salaries than Methode Electronics for Principal Engineer in India?

Oracle	₹15.0 Lakhs to ₹65.0 Lakhs per year
HARMAN	₹17.0 Lakhs to ₹51.1 Lakhs per year
Tektronix	₹24.7 Lakhs to ₹48.5 Lakhs per year
Wissen Technology	₹15.5 Lakhs to ₹42.0 Lakhs per year
Hughes Systique Corporation	₹12.0 Lakhs to ₹30.0 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 Engineer at Methode Electronics in India?

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

Experience	Average Salary Range
8 years	₹9.8 Lakhs to ₹26.4 Lakhs per year
9 years	₹15.0 Lakhs to ₹27.2 Lakhs per year
10 years	₹10.3 Lakhs to ₹17.0 Lakhs per year
11 years	₹13.2 Lakhs to ₹19.0 Lakhs per year

and so on.

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Methode Electronics Principal Engineer Salaries

Methode Electronics Principal Engineer salary in India ranges between ₹9.8 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Methode Electronics latest salaries received from various employees of Methode Electronics.