Nokia Networks Principal Engineer Salaries by 4 Employees

11 - 21 years exp.

₹31 Lakhs - ₹60 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% more than the average Principal Engineer Salary in Hardware & Networking Companies for 11 - 21 years of experience

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Last Updated: 20 Jan 2024

Companies similar to Nokia Networks for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Jasmin Infotech Principal Engineer Salary 6 - 10 years exp. (98 salaries)	₹7.6 L/yr - ₹20.1 L/yr 58% less
SanDisk India Device Design Centre Principal Engineer Salary 8 - 13 years exp. (42 salaries)	₹25 L/yr - ₹46.5 L/yr 6% less	1 job opening
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Cisco Principal Engineer Salary 12 - 23 years exp. (16 salaries)	₹28 L/yr - ₹1 Cr/yr 72% more	1 job opening
Tejas Networks Principal Engineer Salary 10 - 18 years exp. (11 salaries)	₹36 L/yr - ₹73 L/yr 25% more	3 job openings
Infinera Principal Engineer Salary 13 - 19 years exp. (6 salaries)	₹40 L/yr - ₹99 L/yr 85% more
Nvidia Principal Engineer Salary 12 years exp. (5 salaries)	₹36 L/yr - ₹46 L/yr 2% more
Extreme Networks Principal Engineer Salary 14 - 18 years exp. (5 salaries)	₹41 L/yr - ₹50 L/yr 18% more
Juniper Networks Principal Engineer Salary 11 - 22 years exp. (4 salaries)	₹30 L/yr - ₹60 L/yr 21% more
Ribbon Communication Principal Engineer Salary 10 - 16 years exp. (4 salaries)	₹31.8 L/yr - ₹40 L/yr 8% less
Aruba Networks Principal Engineer Salary 5 - 11 years exp. (3 salaries)	₹30 L/yr - ₹1.1 Cr/yr 55% more

Principal Engineer salary at Nokia Networks ranges between ₹31 Lakhs to ₹60 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Nokia Networks.

Experience wise Nokia Networks Principal Engineer salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
12 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
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15+ years (AmbitionBox Estimate)	₹42.8 L/yr - ₹54.6 L/yr

Similar Designation salaries in Nokia Networks

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Technical Manager Salary

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Project Manager Salary

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₹10 L/yr - ₹37.12 L/yr

Salary related reviews for Nokia Networks

Technical Specialist in Bangalore Rural

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

Great organization till you retire . Lot of respect and appreciation. Good salary and benefits are great like CLV , corporate insurance etc . Never expected nokia such a great employer .

Salary - Excellent

+4 more

Dislikes

If you are in rite opportunity and correct job role nothing bad as such . I feel lot critical work is carried out by onsight team, in India you might be doing the work which may not add/enhance your skills but it's completely person opinion .

Work satisfaction - Poor

Technical Lead

Engineering - Software & QA Department

5.0

• posted on 23 Mar 2018

5.0

for Salary and Benefits

Likes

.... no politics in any level.. we can not compare with service based companies.... u will feel the beauty of product based with high salary and flexibility

Salary - Excellent

+6 more

Dislikes

onsite chances are very less but normal pkg is very high

Senior Engineer in Mumbai

Engineering - Hardware & Networks Department

3.0

• posted on 10 Jun 2019

1.0

for Salary and Benefits

Likes

Nokia Siemes provides good learning prospects and is very employee centric. however, due to Telecom industry leading to saturation Level job security, growth and compensation are real issues a cross the sector.

Skill development - Excellent

Dislikes

Job security, compensation

Salary - Bad

+3 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 Jan 2025

2.0

for Salary and Benefits

Likes

Nokia is a best place of you are looking out for a stable job and secure stay. In my 14 yrs of career I have seen very less or least corporate politics in Nokia. I don't want to generalise that for the whole company becoz I have worked for 3 different teams at Nokia. So that's my opinion. Sometimes people are extremely rude and head strong here, becoz they have lived their whole life here and they think it's their own place. So you might some times better dissatisfied with the people around.

Job security - Good

+2 more

Dislikes

Everybody has the same opinion about pay and promotion. But I personally feel Nokia is paying a bit less than the market trend, however their policies are fair enough. At the end of the day, the more you earn, the more tax you pay, so it's one and the same.

Salary - Poor

+3 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 10 Sep 2024

3.0

for Salary and Benefits

Likes

Salary compensation upto market standards, people are supportive team mates and others. Working on 5G itself is challenging and learning opportunities are more.

Job security - Good

Dislikes

Work life balance not great too much work pressure from higher management

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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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Nokia Networks Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Nokia Networks ?

The average salary of a Principal Engineer at Nokia Networks in India typically ranges from ₹31.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 11 years to 21 years).

The top 10% of Principal Engineer at Nokia Networks earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Principal Engineer Salaries at Nokia Networks 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 4 Nokia Networks employees in India.

What is the estimated take home salary of a Principal Engineer at Nokia Networks in India?

The estimated take-home salary of a Principal Engineer at Nokia Networks in India typically ranges from ₹2,34,386 to ₹2,43,847 per month. This is based on the average salary range of ₹31.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 11 years to 21 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 4 salaries received from various employees of Nokia Networks. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nokia Networks for Principal Engineer in India?

Infinera	₹40.0 Lakhs to ₹99.0 Lakhs per year
Cisco	₹28.0 Lakhs to ₹100.0 Lakhs per year
Aruba Networks	₹30.0 Lakhs to ₹111.0 Lakhs per year
Tejas Networks	₹36.0 Lakhs to ₹73.0 Lakhs per year
Juniper Networks	₹30.0 Lakhs to ₹60.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Nokia Networks, depending on the role and experience level.

What is the salary of a Principal Engineer in companies similar to Nokia Networks in India?

The salary of a Principal Engineer at companies similar to Nokia Networks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Extreme Networks	₹41.0 Lakhs to ₹50.0 Lakhs per year
Nvidia	₹36.0 Lakhs to ₹46.0 Lakhs per year
SanDisk India Device Design Centre	₹25.0 Lakhs to ₹46.5 Lakhs per year
Ribbon Communication	₹31.8 Lakhs to ₹40.0 Lakhs per year
Jasmin Infotech	₹7.6 Lakhs to ₹20.1 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 Nokia Networks in India?

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

Experience	Average Salary Range
11 years	₹27.9 Lakhs to ₹35.6 Lakhs per year
12 years	₹27.9 Lakhs to ₹35.6 Lakhs per year
15 years	₹42.8 Lakhs to ₹54.6 Lakhs per year

and so on.

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Nokia Networks Principal Engineer Salaries

Nokia Networks Principal Engineer salary in India ranges between ₹31 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nokia Networks latest salaries received from various employees of Nokia Networks.

Nokia Networks Principal Engineer salaries in India

Companies similar to Nokia Networks for Principal Engineer

Latest annual salaries shared by Nokia Networks Principal Engineer

Experience wise Nokia Networks Principal Engineer salaries

Similar Designation salaries in Nokia Networks

Salary related reviews for Nokia Networks

Technical Specialist in Bangalore Rural

Technical Lead

Senior Engineer in Mumbai

R&D Engineer in Bangalore / Bengaluru

R&D Engineer in Bangalore / Bengaluru

Nokia Networks Principal Engineer Salary FAQs

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