Microchip Technology Principal Engineer Salaries by 50+ Employees (Updated 2025)

9 - 18 years exp.

₹20 Lakhs - ₹46 Lakhs

Salary of majority employees

Fixed (86%)

₹33.6 Lakhs

Variable (14%)

₹5.4 Lakhs

25% more than the average Principal Engineer Salary in Semiconductors Companies for 9 - 18 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 9 - 18 years exp. (34 salaries)	₹20 L/yr - ₹46 L/yr
Engineering - Hardware & Networks Principal Engineer Salary 11 - 18 years exp. (6 salaries)	₹28.3 L/yr - ₹45 L/yr
Login to view exact salary
Research & Development Principal Engineer Salary 9 - 15 years exp. (6 salaries)	₹30 L/yr - ₹43 L/yr

Last Updated: 26 Jan 2025

Companies similar to Microchip Technology for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Intel Principal Engineer Salary 4 - 25 years exp. (14 salaries)	₹25 L/yr - ₹84.1 L/yr 34% more
Qualcomm Principal Engineer Salary 8 - 22 years exp. (19 salaries)	₹35 L/yr - ₹1 Cr/yr 60% more	5 job openings
Login to view exact salary
Broadcom Principal Engineer Salary 11 - 20 years exp. (37 salaries)	₹26 L/yr - ₹1 Cr/yr 55% more	1 job opening
Advanced Micro Devices Principal Engineer Salary 11 - 27 years exp. (4 salaries)	₹34 L/yr - ₹1 Cr/yr 69% more
Samsung Semiconductor Principal Engineer Salary 8 - 19 years exp. (3 salaries)	₹30 L/yr - ₹1.1 Cr/yr 57% more
Analog Devices Principal Engineer Salary 15 - 21 years exp. (4 salaries)	₹60 L/yr - ₹90 L/yr 93% more
STMicroelectronics Principal Engineer Salary 18 - 23 years exp. (6 salaries)	₹80 L/yr - ₹1 Cr/yr 138% more
Micron Technology Principal Engineer Salary 8 - 19 years exp. (42 salaries)	₹24.5 L/yr - ₹96 L/yr 56% more
Cadence Design Systems Principal Engineer Salary 8 - 12 years exp. (24 salaries)	₹26 L/yr - ₹65 L/yr 14% more
NXP Semiconductors Principal Engineer Salary 8 - 23 years exp. (27 salaries)	₹40 L/yr - ₹66 L/yr 30% more
GLOBALFOUNDRIES Principal Engineer Salary 1 - 13 years exp. (19 salaries)	₹16 L/yr - ₹26.8 L/yr 44% less	4 job openings
Login to view exact salary
Infineon Technologies Principal Engineer Salary 10 - 19 years exp. (17 salaries)	₹23.6 L/yr - ₹85 L/yr 46% more	5 job openings
Applied Materials Principal Engineer Salary 12 - 20 years exp. (7 salaries)	₹36 L/yr - ₹51.5 L/yr 14% more
Synopsys Principal Engineer Salary 13 - 22 years exp. (6 salaries)	₹67 L/yr - ₹1 Cr/yr 131% more	5 job openings
ON Semiconductor Principal Engineer Salary 7 - 17 years exp. (5 salaries)	₹30 L/yr - ₹60 L/yr 5% more
MediaTek India Technology Principal Engineer Salary 9 - 19 years exp. (5 salaries)	₹50 L/yr - ₹80 L/yr 50% more
ARM Embedded Technologies Principal Engineer Salary 15 - 16 years exp. (4 salaries)	₹96 L/yr - ₹1.5 Cr/yr 192% more	2 job openings

Principal Engineer salary at Microchip Technology ranges between ₹20 Lakhs to ₹46 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 54 latest salaries received from various employees of Microchip Technology.

Experience wise Microchip Technology Principal Engineer salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
9 years (6 salaries)	₹25 L/yr - ₹40 L/yr
10 years (10 salaries)	₹20 L/yr - ₹43 L/yr
Login to view exact salary
11 years (7 salaries)	₹21.7 L/yr - ₹46 L/yr
12 years (7 salaries)	₹22 L/yr - ₹68.7 L/yr
13 years (4 salaries)	₹25 L/yr - ₹42 L/yr
14 years (5 salaries)	₹24 L/yr - ₹70.8 L/yr
15+ years (15 salaries)	₹30.5 L/yr - ₹45 L/yr

View all

Similar Designation salaries in Microchip Technology

Senior Engineer Salary

(60 salaries)

₹12 L/yr - ₹26.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Principal Software Engineer Salary

(16 salaries)

₹25 L/yr - ₹40 L/yr

Software Engineer Salary

(33 salaries)

₹7 L/yr - ₹15 L/yr

Technical Manager Salary

(AmbitionBox Estimate)

₹38.7 L/yr - ₹49.4 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹32.6 L/yr - ₹41.6 L/yr

Senior Software Engineer Salary

(52 salaries)

₹10.7 L/yr - ₹28 L/yr

Technical Lead Salary

(3 salaries)

₹10.3 L/yr - ₹18.6 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹48 L/yr - ₹53 L/yr

Technical Specialist Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Top skills at Microchip Technology for Principal Engineer

VHDL FPGA Verilog Microchip Perl C++ Python Simulation Ethernet CMOS ARM Application Development C USB Linux

Salary related reviews for Microchip Technology

2.7

Rated by 6 employees for salary & benefits

Technician 3 Dev Lab in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 11 Dec 2024

4.0

for Salary and Benefits

Likes

One of the best semiconductor company. Here work life balance is good . whoever wants to stay long one place this is best company.

Salary - Good

+5 more

Dislikes

Similar reason had every company's . Main thing is salary and promotion these are only reason people leaves company almost.

Software Engineer II in Chennai

Engineering - Software & QA Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

The way they treat employees. They listen to their employee problem and tries to take action to extent that is possible for them

Salary - Good

+6 more

Dislikes

The compensation they provide are not aggressive. Sometimes they miss out to see that a senior employee is getting less then someone who knows less but gets a higher compensation.

Principal Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 May 2024

3.0

for Salary and Benefits

Likes

Job security Work life balance

Job security - Excellent

+2 more

Dislikes

Company culture is not good Always in downcycle, Pay cuts are becoming norm. Caters to low cost markets No cutting edge products Misses on industry trends (like AI) More focus on cutting costs rather than increasing revenue No WFH policy (HR tracks this) Salaries are on lower side compared to industry Poor hikes and promotion Most of the employees come here for retirement and chill life

Company culture - Poor

L2 Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

2.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

Company policy is good specifically health policy

Job security - Good

Dislikes

-Time management is poor - My manager is highly un professional -lots of meetings which is not adding any value - No apraisal on time -Micromanagement in my team although im working more than 12 hours a day. -meeting start 7:00 pm and it went till 11pm daily -There is no work life balance -Inshort not a good experience

Salary - Bad

+4 more

Senior Test Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 18 Jul 2023

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Good

+1 more

Dislikes

If they want to fire employee then they will show small shit reason and they will fire the employee. For outside world they will show that they didn't fire any employee but inside firing happen in this manner.

Job security - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Microchip Technology?

Ask anonymously on communities.

Microchip Technology Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Microchip Technology?

Principal Engineer salary at Microchip Technology in India ranges between ₹20.0 Lakhs to ₹46.0 Lakhs for experience between 9 years to 18 years. According to our estimates it is 25% more than the average Principal Engineer Salary in India. Salary estimates are based on 54 latest salaries received from various employees of Microchip Technology India.

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

The average salary of a Principal Engineer at Microchip Technology is 25% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Engineer at Microchip Technology?

VHDL, FPGA, Verilog, Microchip and Perl are some of the popular skills required to work as a Principal Engineer at Microchip Technology India.

Which similar companies are paying more than Microchip Technology to a Principal Engineer in India?

ARM Embedded Technologies Principal Engineer Salary - ₹96.0 Lakhs to ₹150.0 Lakhs per year
STMicroelectronics Principal Engineer Salary - ₹80.0 Lakhs to ₹100.0 Lakhs per year
Synopsys Principal Engineer Salary - ₹67.0 Lakhs to ₹100.0 Lakhs per year
Analog Devices Principal Engineer Salary - ₹60.0 Lakhs to ₹90.0 Lakhs per year
Advanced Micro Devices Principal Engineer Salary - ₹34.0 Lakhs to ₹100.0 Lakhs per year

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

Qualcomm Principal Engineer Salary - ₹35.0 Lakhs to ₹100.0 Lakhs per year
Samsung Semiconductor Principal Engineer Salary - ₹30.0 Lakhs to ₹105.0 Lakhs per year
Micron Technology Principal Engineer Salary - ₹24.5 Lakhs to ₹96.0 Lakhs per year
Broadcom Principal Engineer Salary - ₹26.0 Lakhs to ₹102.0 Lakhs per year
MediaTek India Technology Principal Engineer Salary - ₹50.0 Lakhs to ₹80.0 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Microchip Technology ranges between ₹2,33,221 per month to ₹2,42,629 per month in India. The take-home salary calculation is based on the average Microchip Technology Principal Engineer salary in India which ranges between ₹20.0 Lakhs to ₹46.0 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Microchip Technology?

According to AmbitionBox, 88% of the Microchip Technology Principal Engineers reported a notice period of 2 Months, 12% reported a notice period of 1 Month.This is based on 26 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Microchip Technology Principal Engineer Salaries by Location

Home >
Salaries >
Microchip Technology Salaries >
Microchip Technology Principal Engineer Salaries

Microchip Technology Principal Engineer salary in India ranges between ₹20 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 54 Microchip Technology latest salaries received from various employees of Microchip Technology.