New Balance Principal Engineer Salaries by 3 Employees

7 - 9 years exp.

₹14.5 Lakhs - ₹23 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

42% less than the average Principal Engineer Salary in Facility Management Services Companies for 7 - 9 years of experience

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Last Updated: 18 Aug 2024

Companies similar to New Balance for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Principal Engineer Salary 8 - 16 years exp. (495 salaries)	₹17.1 L/yr - ₹51.1 L/yr 83% more	8 job openings
Hughes Systique Corporation Principal Engineer Salary 6 - 11 years exp. (270 salaries)	₹12 L/yr - ₹31.8 L/yr 21% more
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Oracle Principal Engineer Salary 9 - 16 years exp. (270 salaries)	₹15 L/yr - ₹60 L/yr 100% more	2 job openings
Wissen Technology Principal Engineer Salary 6 - 11 years exp. (264 salaries)	₹15.5 L/yr - ₹42 L/yr 74% more
Nagarro Principal Engineer Salary 12 - 19 years exp. (230 salaries)	₹21.8 L/yr - ₹51 L/yr 112% more	15 job openings

Principal Engineer salary at New Balance ranges between ₹14.5 Lakhs to ₹23 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of New Balance.

Experience wise New Balance Principal Engineer salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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New Balance Principal Engineer Salary FAQs

How the salary growth look like for a Principal Engineer at New Balance in India?

The salary growth for a Principal Engineer at New Balance depends on factors such as experience, performance, and promotions. On average, a Principal Engineer can expect the following growth trajectory at New Balance:

Experience	Average Salary Range
7 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
8 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
9 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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New Balance Principal Engineer Salaries

New Balance Principal Engineer salary in India ranges between ₹14.5 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 New Balance latest salaries received from various employees of New Balance.