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Microchip Technology

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3.8

based on 172 Reviews

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Microchip Technology Principal Engineer salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
9 - 18 years exp.
₹24 Lakhs - ₹45 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
₹unlock blur Lakhs

Monthly In-hand Salary

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7% more than the average Principal Engineer Salary in Semiconductors Companies for 9 - 18 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Engineering - Software & QA
Principal Engineer Salary
10 - 14 years exp. (4 salaries)
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₹24 L/yr - ₹37.6 L/yr

Engineering - Hardware & Networks
Principal Engineer Salary
11 years exp. (AmbitionBox Estimate)
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₹37 L/yr - ₹40.2 L/yr

Last Updated: 7 Mar 2025

Companies similar to Microchip Technology for Principal Engineer in Hyderabad / Secunderabad

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Microchip Technology Principal Engineer Salary

9 - 18 years exp. (7 salaries)
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₹24 L/yr - ₹45 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Micron Technology Principal Engineer Salary

8 - 19 years exp. (21 salaries)
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₹22.5 L/yr - ₹83 L/yr

arrow icon 45% more
 1 job opening
Logo
Qualcomm Principal Engineer Salary

8 - 18 years exp. (7 salaries)
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₹35 L/yr - ₹94 L/yr

arrow icon 40% more
 10 job openings
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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 41% 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 44% less
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Collins Aerospace Principal Engineer Salary

12 - 18 years exp. (51 salaries)
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₹18.5 L/yr - ₹45 L/yr

arrow icon 12% less
 3 job openings
Principal Engineer salary at Microchip Technology ranges between ₹24 Lakhs to ₹45 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Microchip Technology.

Latest annual salaries shared by Microchip Technology Principal Engineer in Hyderabad / Secunderabad

1mo ago
₹32 Lakhs
11 years exp.
2mo ago
₹32 Lakhs
10 years exp.
1y ago
₹45 Lakhs
18 years exp.
1y ago
₹40 Lakhs
9 years exp.
1y ago
₹37 Lakhs
11 years exp.

Experience wise Microchip Technology Principal Engineer salaries in Hyderabad / Secunderabad

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹32.3 L/yr - ₹41.2 L/yr
10 years (AmbitionBox Estimate)

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₹32.6 L/yr - ₹41.7 L/yr
11 years (AmbitionBox Estimate)

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₹33 L/yr - ₹42.1 L/yr
12 years (AmbitionBox Estimate)

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₹33.3 L/yr - ₹42.6 L/yr
13 years (AmbitionBox Estimate)

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₹33.7 L/yr - ₹43 L/yr
View all

Similar Designation salaries in Microchip Technology

Senior Engineer Salary
(7 salaries)
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₹18 L/yr - ₹24.4 L/yr
Principal Software Engineer Salary
(5 salaries)
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₹25 L/yr - ₹40 L/yr
Senior Software Engineer Salary
(3 salaries)
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₹10.7 L/yr - ₹26.5 L/yr
Software Engineer Salary
(3 salaries)
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₹9 L/yr - ₹15 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 Social Work

Salary related reviews for Microchip Technology

2.5

Rated by 2 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.

read more
  • 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.

read more

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

read more
  • 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.

read more

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

read more
  • 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

read more
  • Salary - Bad
    • +4 more
see more salary related reviews

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What people are saying about Microchip Technology

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sde2storagedomain
Verified Icon
8h
works at
Microchip Technology
I have 4.4 YOE in storage domain working on c++ in linux domain. Got 2 offers IBM : Golang, Backend developer, Work on IBM Fusion HCI BMW Techworks: C++, Assistant manager, Work on Software Defined Vehicles, ADAS, etc,. Both almost same package.
Which one to choose?
IBM
0%
BMW Techworks India
0%
3 participants . expiring in 2w
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Microchip Technology Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Microchip Technology in Hyderabad / Secunderabad?
The average salary of a Principal Engineer at Microchip Technology in Hyderabad / Secunderabad typically ranges from ₹24.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Principal Engineer in Hyderabad / Secunderabad at Microchip Technology earn more than ₹44.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Principal Engineer Salaries at Microchip Technology 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 7 Microchip Technology employees in India.
What is the estimated take home salary of a Principal Engineer at Microchip Technology in Hyderabad / Secunderabad?
The estimated take-home salary of a Principal Engineer at Microchip Technology in Hyderabad / Secunderabad typically ranges from ₹2,25,534 to ₹2,34,595 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 9 years to 18 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 7 salaries received from various employees of Microchip Technology. 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 Microchip Technology in Hyderabad / Secunderabad?
To be a Principal Engineer at Microchip Technology in Hyderabad / Secunderabad, the key skills required include:

  • - VHDL
  • - FPGA
  • - Verilog
  • - Microchip
  • - Perl

These skills are highly valued at Microchip Technology and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Microchip Technology for Principal Engineer in India?
Micron Technology ₹22.5 Lakhs to ₹83.0 Lakhs per year
Qualcomm ₹35.0 Lakhs to ₹94.0 Lakhs per year

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

Collins Aerospace ₹18.5 Lakhs to ₹45.0 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 Microchip Technology in Hyderabad / Secunderabad?
The salary growth for a Principal Engineer at Microchip Technology 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 Microchip Technology:

Experience Average Salary Range
9 years ₹32.3 Lakhs to ₹41.2 Lakhs per year
10 years ₹32.6 Lakhs to ₹41.7 Lakhs per year
11 years ₹33.0 Lakhs to ₹42.1 Lakhs per year
12 years ₹33.3 Lakhs to ₹42.6 Lakhs per year
and so on.

Tell us how to improve this page.

Microchip Technology Principal Engineer salary in Hyderabad / Secunderabad ranges between ₹24 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Microchip Technology latest salaries received from various employees of Microchip Technology.