Microchip Technology Chennai Principal Engineer Salaries by 7 Employees (Updated 2025)

11 - 18 years exp.

₹21.7 Lakhs - ₹40.8 Lakhs

Salary of majority employees

43% more than the average Principal Engineer Salary in Semiconductors Companies for 11 - 18 years of experience

Interested in this particular role? 4 job openings

Last Updated: 12 Mar 2023

Companies similar to Microchip Technology for Principal Engineer in Chennai

Microchip Technology Principal Engineer Salary

11 - 18 years exp. (7 salaries)

₹21.7 L/yr - ₹40.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Saipem Principal Engineer Salary 9 - 17 years exp. (155 salaries)	₹11 L/yr - ₹26.4 L/yr 53% less
Jasmin Infotech Principal Engineer Salary 6 - 11 years exp. (93 salaries)	₹7.6 L/yr - ₹20.1 L/yr 58% less
Login to view exact salary
VA Tech Wabag Principal Engineer Salary 8 - 17 years exp. (50 salaries)	₹7.5 L/yr - ₹15.3 L/yr 71% less
Verizon Principal Engineer Salary 9 - 20 years exp. (42 salaries)	₹22 L/yr - ₹54 L/yr 6% more	4 job openings
NatWest Group Principal Engineer Salary 12 - 20 years exp. (29 salaries)	₹25.5 L/yr - ₹46 L/yr 3% less

Principal Engineer salary at Microchip Technology ranges between ₹21.7 Lakhs to ₹40.8 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Microchip Technology.

Experience wise Microchip Technology Principal Engineer salaries in Chennai

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹66.3 L/yr
12 years (AmbitionBox Estimate)	₹35 L/yr - ₹67.3 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
14 years (AmbitionBox Estimate)	₹30 L/yr - ₹69.4 L/yr
15+ years (4 salaries)	₹30.5 L/yr - ₹72 L/yr

Similar Designation salaries in Microchip Technology

Senior Engineer Salary

(17 salaries)

₹12 L/yr - ₹23 L/yr

Senior Software Engineer Salary

(8 salaries)

₹12 L/yr - ₹24 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

3.0

Rated by 1 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

Hello guys, I've the below offers, (Teamware and Wipro not yet released the offers yet). I'm confused which one to choose. Could you give me some suggestions? Thanks. TCS : 13 LPA Teamware Solution: (Client: BNP Paribas) : 15 LPA Wipro: 16.5 LPA Tech: Cybersecurity, Vulnerability management, Crowdstrike, Risk Assessment. YOE: 7 yrs Location: Chennai

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 Chennai?

Principal Engineer salary at Microchip Technology in Chennai ranges between ₹21.7 Lakhs to ₹40.8 Lakhs for experience between 11 years to 18 years. According to our estimates it is 43% more than the average Principal Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Microchip Technology Chennai.

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

The average salary of a Principal Engineer at Microchip Technology is 43% more than the average salary of a Principal Engineer in Chennai. 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 Chennai.

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

Verizon Principal Engineer Salary - ₹22.0 Lakhs to ₹54.0 Lakhs per year

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

NatWest Group Principal Engineer Salary - ₹25.5 Lakhs to ₹46.0 Lakhs per year
Saipem Principal Engineer Salary - ₹11.0 Lakhs to ₹26.4 Lakhs per year
Jasmin Infotech Principal Engineer Salary - ₹7.6 Lakhs to ₹20.1 Lakhs per year
VA Tech Wabag Principal Engineer Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Microchip Technology ranges between ₹2,29,152 per month to ₹2,38,377 per month in Chennai. The take-home salary calculation is based on the average Microchip Technology Principal Engineer salary in India which ranges between ₹21.7 Lakhs to ₹40.8 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Microchip Technology Principal Engineers in Chennai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Microchip Technology Salaries >
Microchip Technology Principal Engineer Salaries >
Microchip Technology Principal Engineer Salaries in Chennai

Microchip Technology Principal Engineer salary in Chennai ranges between ₹21.7 Lakhs to ₹40.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Microchip Technology latest salaries received from various employees of Microchip Technology.