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Microchip Technology

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3.8

based on 174 Reviews

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

Annual salary range
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₹25 Lakhs - ₹40 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Principal Software Engineer Salary in Semiconductors Companies for 13 years of experience

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Last Updated: 9 Jan 2025

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

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Microchip Technology Principal Software Engineer Salary

13 years exp. (5 salaries)
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₹25 L/yr - ₹40 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Broadcom Principal Software Engineer Salary

9 - 18 years exp. (26 salaries)
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₹15.4 L/yr - ₹55 L/yr

arrow icon 6% more
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Micron Technology Principal Software Engineer Salary

8 - 10 years exp. (3 salaries)
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₹27 L/yr - ₹34.5 L/yr

arrow icon 8% less
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Oracle Principal Software Engineer Salary

8 - 18 years exp. (317 salaries)
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₹13.9 L/yr - ₹50 L/yr

arrow icon 5% more
 8 job openings
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Dell Principal Software Engineer Salary

8 - 17 years exp. (161 salaries)
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₹13.5 L/yr - ₹46.9 L/yr

arrow icon 2% less
 17 job openings
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Innova Solutions Principal Software Engineer Salary

6 - 12 years exp. (115 salaries)
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₹11.5 L/yr - ₹35 L/yr

arrow icon 33% less
Principal Software Engineer salary at Microchip Technology ranges between ₹25 Lakhs to ₹40 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 5 latest salaries received from various employees of Microchip Technology.

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

3mo ago
₹35 Lakhs
13 years exp.
3mo ago
₹40 Lakhs
13 years exp.
3mo ago
₹35 Lakhs
13 years exp.
3mo ago
₹30 Lakhs
13 years exp.
3mo ago
₹25 Lakhs
13 years exp.

Experience wise Microchip Technology Principal Software Engineer salaries in Hyderabad / Secunderabad

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
13 years  (5 salaries)

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₹25 L/yr - ₹40 L/yr

Similar Designation salaries in Microchip Technology

Senior Engineer Salary
(7 salaries)
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₹18 L/yr - ₹24.4 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

Salary related reviews for Microchip Technology

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
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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
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BMW Techworks India
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Microchip Technology Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Microchip Technology in Hyderabad / Secunderabad?
The average salary of a Principal Software Engineer at Microchip Technology in Hyderabad / Secunderabad typically ranges from ₹25.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 13 years to 13 years).

The top 10% of Principal Software Engineer in Hyderabad / Secunderabad at Microchip Technology earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Principal Software 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 5 Microchip Technology employees in India.
What is the estimated take home salary of a Principal Software Engineer at Microchip Technology in Hyderabad / Secunderabad?
The estimated take-home salary of a Principal Software Engineer at Microchip Technology in Hyderabad / Secunderabad typically ranges from ₹1,98,433 to ₹2,06,268 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 13 years to 13 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 5 salaries received from various employees of Microchip Technology. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Microchip Technology for Principal Software Engineer in India?
Broadcom ₹15.4 Lakhs to ₹55.0 Lakhs per year
Oracle ₹13.9 Lakhs to ₹50.0 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 Software Engineer in companies similar to Microchip Technology in Hyderabad / Secunderabad?
The salary of a Principal Software 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:

Dell ₹13.5 Lakhs to ₹46.9 Lakhs per year
Micron Technology ₹27.0 Lakhs to ₹34.5 Lakhs per year
Innova Solutions ₹11.5 Lakhs to ₹35.0 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 Software Engineer at Microchip Technology in Hyderabad / Secunderabad?
The salary growth for a Principal Software Engineer at Microchip Technology in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Principal Software Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at Microchip Technology:

Experience Average Salary Range
13 years ₹25.0 Lakhs to ₹40.0 Lakhs per year
and so on.

Tell us how to improve this page.

Microchip Technology Principal Software Engineer salary in Hyderabad / Secunderabad ranges between ₹25 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Microchip Technology latest salaries received from various employees of Microchip Technology.