Schindler Principal Engineer Salaries by 9 Employees (Updated 2025)

11 - 22 years exp.

₹23.5 Lakhs - ₹43.6 Lakhs

Salary of majority employees

8% more than the average Principal Engineer Salary in Industrial Machinery Companies for 11 - 22 years of experience

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Salaries in different departments

Project & Program Management Principal Engineer Salary 13 - 20 years exp. (3 salaries)	₹23.5 L/yr - ₹43.6 L/yr
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Engineering - Software & QA Principal Engineer Salary 15 - 22 years exp. (AmbitionBox Estimate)	₹32.2 L/yr - ₹39 L/yr

Last Updated: 26 Dec 2024

Companies similar to Schindler for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Johnson Controls Principal Engineer Salary 10 - 18 years exp. (46 salaries)	₹16.1 L/yr - ₹50 L/yr 9% more	1 job opening
Siemens Principal Engineer Salary 12 - 14 years exp. (5 salaries)	₹19.9 L/yr - ₹43.5 L/yr At par
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ABB Principal Engineer Salary 12 - 20 years exp. (26 salaries)	₹25 L/yr - ₹56 L/yr 28% more
TechnipFMC Principal Engineer Salary 9 - 18 years exp. (64 salaries)	₹11 L/yr - ₹20 L/yr 54% less
Thermax Limited Principal Engineer Salary 4 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 82% less
Hitachi Principal Engineer Salary 31 years exp. (3 salaries)	₹18 L/yr - ₹43 L/yr 3% less
Tractors and Farm Equipment Principal Engineer Salary 14 - 16 years exp. (3 salaries)	₹13.4 L/yr - ₹16 L/yr 55% less

Principal Engineer salary at Schindler ranges between ₹23.5 Lakhs to ₹43.6 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 9 latest salaries received from various employees of Schindler.

Experience wise Schindler Principal Engineer salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹25 L/yr - ₹52.7 L/yr
12 years (AmbitionBox Estimate)	₹27.1 L/yr - ₹34.6 L/yr
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13 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹55.6 L/yr
14 years (AmbitionBox Estimate)	₹24.1 L/yr - ₹57.1 L/yr
15+ years (6 salaries)	₹30 L/yr - ₹43.6 L/yr

Similar Designation salaries in Schindler

Senior Engineer Salary

(128 salaries)

₹4 L/yr - ₹15 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Software Engineer Salary

(10 salaries)

₹4 L/yr - ₹10.22 L/yr

Technical Manager Salary

(4 salaries)

₹10 L/yr - ₹24 L/yr

Senior Software Engineer Salary

(5 salaries)

₹6.2 L/yr - ₹39.2 L/yr

Technical Lead Salary

(23 salaries)

₹16.32 L/yr - ₹29 L/yr

Project Manager Salary

(13 salaries)

₹11.73 L/yr - ₹30 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹25.9 L/yr

Team Lead Salary

(90 salaries)

₹4.95 L/yr - ₹11.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Salary related reviews for Schindler

5.0

Rated by 3 employees for salary & benefits

Accounts Manager in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

Salary given while recruitment is lucrative but job security is terrible. yearly appraisal depends on your manager only and not on performance..

Dislikes

Management puts terrible pressure and even passes personal comments and foul language. There is separate rule for people who do buttering up of boss and seperate rule for others who donot.

Skill development - Poor

+5 more

Area Manager in Pune

Full Time

Project & Program Management Department

4.0

• posted on 25 Sep 2024

4.0

for Salary and Benefits

Likes

They really do care about employees & the benefits except salary are one of USP of this company like helping hands, term insurance etc.

Salary - Good

+6 more

Dislikes

Only numbers matters here at the end of the month, quarter & year sometime overlooked the efforts made by the workmen

Customer Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Apr 2024

5.0

for Salary and Benefits

Likes

Initially they provide training for everything. Alternate Saturday off. Good salary structure.if you are in maintenance then the team is really great

Salary - Excellent

+4 more

Dislikes

Appraisal politics . If you are in maintenance then there will be lot of work load some times you have to work on Saturday and Sunday

Promotions - Poor

Salesman in Navi Mumbai

Full Time

Other Department

3.0

• posted on 11 Aug 2023

5.0

for Salary and Benefits

Likes

People join because Schindler pays higher salary. And then most of them leave because of the worst work culture. Place where i worked the sales manager was abusive/foul mouthed. Learning is zero there in sales department. Few of the old people stayed there for long timeand now sitting at a higher position which they really do not deserve. Overall i must say dp not join the company unless you are jobless.

Salary - Excellent

Dislikes

Only salary is good here rest all is bad in sales department.

Skill development - Bad

+5 more

Senior Supplier Quality Engineer in Pune

Full Time

Other Department

4.0

• posted on 02 Jun 2023

3.0

for Salary and Benefits

Likes

An excellent organization with good culture and appraisal on time. Flexible working with good work life balance. People are cooperative. Saturday Sunday off. If you are willing to accept challenges go for this organisation.

Skill development - Good

+5 more

Dislikes

Salary hikes post corona very less Far away from city You have to practice waking up at 5.30 AM.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Schindler Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Schindler?

Principal Engineer salary at Schindler in India ranges between ₹23.5 Lakhs to ₹43.6 Lakhs for experience between 11 years to 22 years. According to our estimates it is 8% more than the average Principal Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Schindler India.

How does the salary of a Principal Engineer at Schindler India compare with the average salary range for this job?

The average salary of a Principal Engineer at Schindler is 8% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Schindler to a Principal Engineer in India?

ABB Principal Engineer Salary - ₹25.0 Lakhs to ₹56.0 Lakhs per year
Johnson Controls Principal Engineer Salary - ₹16.1 Lakhs to ₹50.0 Lakhs per year

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

Siemens Principal Engineer Salary - ₹19.9 Lakhs to ₹43.5 Lakhs per year
Hitachi Principal Engineer Salary - ₹18.0 Lakhs to ₹43.0 Lakhs per year
TechnipFMC Principal Engineer Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Tractors and Farm Equipment Principal Engineer Salary - ₹13.4 Lakhs to ₹16.0 Lakhs per year
Thermax Limited Principal Engineer Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Schindler ranges between ₹2,05,042 per month to ₹2,13,177 per month in India. The take-home salary calculation is based on the average Schindler Principal Engineer salary in India which ranges between ₹23.5 Lakhs to ₹43.6 Lakhs per year for employees with experience between 11 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Schindler?

According to AmbitionBox, 60% of the Schindler Principal Engineers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Schindler Principal Engineer Salaries

Schindler Principal Engineer salary in India ranges between ₹23.5 Lakhs to ₹43.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Schindler latest salaries received from various employees of Schindler.