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Saipem Principal Engineer salaries in Chennai (Updated 2025)

Annual salary range
10 - 17 years exp.
₹9.2 Lakhs - ₹29.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Principal Engineer Salary in Engineering & Construction Companies for 10 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
Principal Engineer Salary
10 - 17 years exp. (76 salaries)
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₹9.2 L/yr - ₹29.5 L/yr

Production, Manufacturing & Engineering
Principal Engineer Salary
10 - 17 years exp. (28 salaries)
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₹11 L/yr - ₹27.9 L/yr

Engineering - Software & QA
Principal Engineer Salary
11 - 17 years exp. (14 salaries)
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₹12.5 L/yr - ₹24.6 L/yr

Construction & Site Engineering
Principal Engineer Salary
10 - 15 years exp. (11 salaries)
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₹15 L/yr - ₹23 L/yr

Last Updated: 29 Mar 2025

Companies similar to Saipem for Principal Engineer in Chennai

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Saipem Principal Engineer Salary

10 - 17 years exp. (157 salaries)

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₹9.2 L/yr - ₹29.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Wood Group Principal Engineer Salary

13 - 20 years exp. (26 salaries)

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₹17 L/yr - ₹32 L/yr

arrow icon 29% more
2 job openings
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Technip Energies Principal Engineer Salary

10 - 16 years exp. (25 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 6% less
1 job opening
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JGC Corporation Principal Engineer Salary

10 - 21 years exp. (14 salaries)

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₹20 L/yr - ₹33.5 L/yr

arrow icon 39% more
2 job openings
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₹26 L/yr - ₹50 L/yr

arrow icon 90% more
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Worley Principal Engineer Salary

19 - 23 years exp. (3 salaries)

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₹18.1 L/yr - ₹29.3 L/yr

arrow icon 42% more
Principal Engineer salary at Saipem ranges between ₹9.2 Lakhs to ₹29.5 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 157 latest salaries received from various employees of Saipem.

Latest annual salaries shared by Saipem Principal Engineer in Chennai

1w ago
₹21 Lakhs
15 years exp.
2w ago
₹26 Lakhs
12 years exp.
2w ago
₹20 Lakhs
13 years exp.
3w ago
₹13 Lakhs
10 years exp.
1mo ago
₹22 Lakhs
17 years exp.
2mo ago
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16 years exp.
2mo ago
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15 years exp.
2mo ago
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15 years exp.
2mo ago
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11 years exp.
2mo ago
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13 years exp.

Experience wise Saipem Principal Engineer salaries in Chennai

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
10 years  (14 salaries)

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₹11.5 L/yr - ₹19 L/yr
11 years  (27 salaries)

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₹9.2 L/yr - ₹24 L/yr
12 years  (24 salaries)

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₹12.8 L/yr - ₹26 L/yr
13 years  (21 salaries)

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₹12 L/yr - ₹23 L/yr
14 years  (22 salaries)

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₹12.3 L/yr - ₹24.6 L/yr
View all

Similar Designation salaries in Saipem

Senior Engineer Salary
(82 salaries)
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₹7 L/yr - ₹19 L/yr
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₹4 L/yr - ₹12 L/yr
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₹16 L/yr - ₹24 L/yr
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₹5.3 L/yr - ₹5.7 L/yr

Salary related reviews for Saipem

3.2

Rated by 17 employees for salary & benefits

Full Time

 · 

Other Department

2.0
  •  posted on 14 Dec 2023

2.0
 for  Salary and Benefits

Likes

1) best liked by Employees working in Saipem Chennai - is job security with below market level salaries. Some chance of sending to onsite to do Clerical job onsite, so has earn good big bucks. Salaries are low so company won't be firing you. Not competitive salaries 2) everyone is given laptops

read more
  • Job security - Good

Dislikes

...areer advancement. 9) no cultural diversity, only local people are preferred. 10) great disparity or differences in salary or CTC of similar experienced people. Lower experience person will earn more while higher education experience person will languish. 11) blind eye from management & supervisors on who is working & who is wasting time in office. 12) no scope of improvement possible in company. Only guys who suck or do buttering will be preferred. 13) no regards to quality, only for name Quality department is mentioned in company. No documents have quality from drawings, isometrics , specifications any document. Just suck client money 14) when there is work no overtime is paid, even if paid for engineers it is very less per hourly. 15) you will feel like working in a school under strict headmaster. No time flexibility 16) HR will work in snale pace. May be snale will move faster then documents in HR department. 17) there is no quality manpower or skilled employees in Saipem GET batches. Terrible in technical knowledge.

read more
  • Salary - Poor
  • +5 more

Research & Development Department

3.0
  •  posted on 07 Apr 2022

3.0
 for  Salary and Benefits

Likes

Good job security. No salary cuts. Good exposure to various EPC projects. One can change verticals with their wish. Supportive senior management. No need to work on holidays or weekends since there is no overtime.

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  • Skill development - Good
  • +3 more

Dislikes

No financial growth. No facilities compared to other EPC organizations. Longer regular work hours. Conservative company culture. No work from home.

read more
  • Company culture - Poor

Research & Development Department

4.0
  •  posted on 01 Jan 2020

3.0
 for  Salary and Benefits

Likes

The company is very good and ppl working here are understanding.

  • Job security - Good
  • +3 more

Dislikes

...ation and growth. This is sad part about it. Yearly average increment is just5%. No increase in salary otherwise for the lifetime!

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Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 11 Jul 2023

2.0
 for  Salary and Benefits

Likes

Free food upto Rs 90 per day Free cab to restricted locations Spacious office and facilities

  • Job security - Good

Dislikes

Long work hours - 8.75hrs work + 0.75 hrs break Strict in out rules. Less salary No increment Full of Tamilians only Full of Tamil/Telungu politics. No side activities and interactions

read more
  • Salary - Poor
  • +4 more

Contractual

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 23 Apr 2023

3.0
 for  Salary and Benefits

Likes

...ork in Saipem but not as a direct Saipem Employee but through other consultants.Salary and benefits will be double if you joining through other consultants

read more
  • Job security - Excellent

Dislikes

Top management people will treat you as a slave,they will say it’s my kingdom and you need obey my orders.

  • Skill development - Poor
  • +4 more
see more salary related reviews

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Saipem Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Saipem in Chennai?
The average salary of a Principal Engineer at Saipem in Chennai typically ranges from ₹9.2 Lakhs to ₹29.5 Lakhs per year, depending on experience (from 10 years to 17 years).

The top 10% of Principal Engineer in Chennai at Saipem earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹27.8 Lakhs per year. Principal Engineer Salaries at Saipem 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 100+ Saipem employees in India.
What is the estimated take home salary of a Principal Engineer at Saipem in Chennai?
The estimated take-home salary of a Principal Engineer at Saipem in Chennai typically ranges from ₹1,26,381 to ₹1,30,488 per month. This is based on the average salary range of ₹9.2 Lakhs to ₹29.5 Lakhs per year for employees with experience ranging from 10 years to 17 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 100+ salaries received from various employees of Saipem. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Saipem for Principal Engineer in India?
McDermott International ₹26.0 Lakhs to ₹50.0 Lakhs per year
Worley ₹18.1 Lakhs to ₹29.3 Lakhs per year
JGC Corporation ₹20.0 Lakhs to ₹33.5 Lakhs per year
Wood Group ₹17.0 Lakhs to ₹32.0 Lakhs per year

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

Technip Energies ₹11.0 Lakhs to ₹20.0 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 Engineer at Saipem in Chennai?
The salary growth for a Principal Engineer at Saipem in Chennai depends on factors such as experience, performance, and promotions. On average, a Principal Engineer in Chennai can expect the following growth trajectory at Saipem:

Experience Average Salary Range
10 years ₹11.5 Lakhs to ₹19.0 Lakhs per year
11 years ₹9.2 Lakhs to ₹24.0 Lakhs per year
12 years ₹12.8 Lakhs to ₹26.0 Lakhs per year
13 years ₹12.0 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

Saipem Principal Engineer salary in Chennai ranges between ₹9.2 Lakhs to ₹29.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 157 Saipem latest salaries received from various employees of Saipem.