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Microchip Technology

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3.9

based on 158 Reviews

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Microchip Technology Principal Engineer salaries in Engineering - Software & QA in India (Updated 2025)

Annual salary range
9 - 18 years exp.
₹21.7 Lakhs - ₹46 Lakhs
Salary of majority employees
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Fixed (88%)
₹31.3 Lakhs
Variable (12%)
₹4.4 Lakhs
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14% more than the average Principal Engineer Salary in Semiconductors Companies for 9 - 18 years of experience

Interested in this particular role? 3 job openings

Last Updated: 7 Mar 2025

Companies similar to Microchip Technology for Principal Engineer in Engineering - Software & QA department

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Principal Engineer salary at Microchip Technology ranges between ₹21.7 Lakhs to ₹46 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 35 latest salaries received from various employees of Microchip Technology.

Latest annual salaries shared by Microchip Technology Principal Engineer in Engineering - Software & QA department

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18 years exp.
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11 years exp.
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11 years exp.
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11 years exp.
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9 years exp.
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15 years exp.
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Experience wise Microchip Technology Principal Engineer salaries in Engineering - Software & QA department

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
9 years  (3 salaries)

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₹25 L/yr - ₹39 L/yr
10 years  (6 salaries)

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₹22.5 L/yr - ₹61 L/yr
11 years  (7 salaries)

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₹21.7 L/yr - ₹46 L/yr
12 years  (6 salaries)

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₹22 L/yr - ₹37 L/yr
13 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹40 L/yr
View all

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₹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 Social Work

Salary related reviews for Microchip Technology

2.6

Rated by 3 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

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.

read more
  • Job security - Poor
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Microchip Technology Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Microchip Technology in Engineering - Software & QA department?
Principal Engineer salary at Microchip Technology in Engineering - Software & QA department in India ranges between ₹21.7 Lakhs to ₹46.0 Lakhs for experience between 9 years to 18 years. According to our estimates it is 14% more than the average Principal Engineer Salary in India. Salary estimates are based on 35 latest salaries received from various employees of Microchip Technology India in Engineering - Software & QA department.
How does the salary of a Principal Engineer at Microchip Technology India in Engineering - Software & QA department compare with the average salary range for this job?
The average salary of a Principal Engineer at Microchip Technology in Engineering - Software & QA department is 14% 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 Engineering - Software & QA department in India?
  • Synopsys Principal Engineer Salary - ₹65.0 Lakhs to ₹99.0 Lakhs per year
  • Qualcomm Principal Engineer Salary - ₹46.6 Lakhs to ₹94.0 Lakhs per year
  • Micron Technology Principal Engineer Salary - ₹24.8 Lakhs to ₹83.0 Lakhs per year
  • MediaTek India Technology Principal Engineer Salary - ₹50.0 Lakhs to ₹60.0 Lakhs per year
  • Broadcom Principal Engineer Salary - ₹23.0 Lakhs to ₹60.2 Lakhs per year
What is the salary of a Principal Engineer in Engineering - Software & QA department in companies similar to Microchip Technology in India?
  • NXP Semiconductors Principal Engineer Salary - ₹40.0 Lakhs to ₹52.3 Lakhs per year
  • Infineon Technologies Principal Engineer Salary - ₹20.0 Lakhs to ₹51.0 Lakhs per year
  • Cadence Design Systems Principal Engineer Salary - ₹26.0 Lakhs to ₹60.0 Lakhs per year
  • GLOBALFOUNDRIES Principal Engineer Salary - ₹19.5 Lakhs to ₹27.1 Lakhs per year
What is the estimated take home salary of a Principal Engineer in Engineering - Software & QA department at Microchip Technology in India?
The estimated take-home salary of a Principal Engineer in Engineering - Software & QA department at Microchip Technology ranges between ₹2,15,224 per month to ₹2,23,819 per month in India. The take-home salary calculation is based on the average Microchip Technology Principal Engineer salary in India which ranges between ₹21.7 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 in Engineering - Software & QA department at Microchip Technology?
According to AmbitionBox, 85% of the Microchip Technology Principal Engineers in Engineering - Software & QA department reported a notice period of 2 Months, 15% reported a notice period of 1 Month.This is based on 20 responses on AmbitionBox in last 2 years.

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Microchip Technology Principal Engineer Salaries by Location

Microchip Technology Principal Engineer salary in Engineering - Software & QA department in India ranges between ₹21.7 Lakhs to ₹46 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 Microchip Technology latest salaries received from various employees of Microchip Technology.