SKF Principal Engineer Salaries by 5 Employees (Updated 2025)

9 - 16 years exp.

₹12.5 Lakhs - ₹22.2 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Principal Engineer Salary in Auto Components Companies for 9 - 16 years of experience

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Salaries in different departments

Research & Development Principal Engineer Salary 11 - 16 years exp. (3 salaries)	₹17.2 L/yr - ₹22.2 L/yr
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Engineering - Software & QA Principal Engineer Salary 9 - 13 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹17.8 L/yr

Last Updated: 28 Apr 2023

Companies similar to SKF for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Principal Engineer Salary 9 - 15 years exp. (472 salaries)	₹13.5 L/yr - ₹50.6 L/yr 88% more	5 job openings
Wissen Technology Principal Engineer Salary 7 - 11 years exp. (256 salaries)	₹16 L/yr - ₹42 L/yr 73% more
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Oracle Principal Engineer Salary 9 - 17 years exp. (250 salaries)	₹17 L/yr - ₹65 L/yr 107% more	4 job openings
Hughes Systique Corporation Principal Engineer Salary 6 - 11 years exp. (265 salaries)	₹12 L/yr - ₹30 L/yr 23% more
Saipem Principal Engineer Salary 9 - 17 years exp. (213 salaries)	₹11 L/yr - ₹29 L/yr 1% more

Principal Engineer salary at SKF ranges between ₹12.5 Lakhs to ₹22.2 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of SKF.

Experience wise SKF Principal Engineer salaries

Last Updated: 28 Apr 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹24.1 L/yr
10 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
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11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
13 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹19.5 L/yr
14 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
15+ years (AmbitionBox Estimate)	₹8.7 L/yr - ₹22.2 L/yr

View all

Similar Designation salaries in SKF

Senior Engineer Salary

(15 salaries)

₹6.45 L/yr - ₹14.5 L/yr

Lead Engineer Salary

(7 salaries)

₹14 L/yr - ₹22.67 L/yr

Software Engineer Salary

(3 salaries)

₹15 L/yr - ₹50 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹26.7 L/yr - ₹34.2 L/yr

Senior Software Engineer Salary

(4 salaries)

₹12 L/yr - ₹22.1 L/yr

Technical Lead Salary

(3 salaries)

₹8 L/yr - ₹17.6 L/yr

Project Manager Salary

(12 salaries)

₹13.9 L/yr - ₹24.5 L/yr

Project Lead Salary

(4 salaries)

₹20 L/yr - ₹30 L/yr

Team Lead Salary

(18 salaries)

₹1.75 L/yr - ₹6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Top skills at SKF for Principal Engineer

Metallurgy Automotive Engineering Design Development Mechatronics Heat Treatment PLM Teamcenter Modeling Detailing Creo Automation Testing Project Management AutoCAD Fashion Designing Windchill Product Engineering

Salary related reviews for SKF

4.0

Rated by 2 employees for salary & benefits

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Job security - Excellent

+3 more

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Promotions - Bad

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Salary - Bad

+5 more

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Salary - Good

+5 more

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Production in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

Salary - Good

+5 more

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

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Salary Discussions, Hike & Promotions

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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SKF Principal Engineer Salary FAQs

What is the salary of Principal Engineer at SKF?

Principal Engineer salary at SKF in India ranges between ₹12.5 Lakhs to ₹22.2 Lakhs for experience between 9 years to 16 years. According to our estimates it is 42% less than the average Principal Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SKF India.

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

The average salary of a Principal Engineer at SKF is 42% less than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Engineer at SKF?

Metallurgy, Automotive Engineering, Design Development, Mechatronics and Heat Treatment are some of the popular skills required to work as a Principal Engineer at SKF India.

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

Oracle Principal Engineer Salary - ₹17.0 Lakhs to ₹65.0 Lakhs per year
HARMAN Principal Engineer Salary - ₹13.5 Lakhs to ₹50.6 Lakhs per year
Wissen Technology Principal Engineer Salary - ₹16.0 Lakhs to ₹42.0 Lakhs per year
Hughes Systique Corporation Principal Engineer Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Saipem Principal Engineer Salary - ₹11.0 Lakhs to ₹29.0 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at SKF ranges between ₹1,20,604 per month to ₹1,23,991 per month in India. The take-home salary calculation is based on the average SKF Principal Engineer salary in India which ranges between ₹12.5 Lakhs to ₹22.2 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at SKF?

According to AmbitionBox, 100% of the SKF Principal Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SKF Principal Engineer Salaries

SKF Principal Engineer salary in India ranges between ₹12.5 Lakhs to ₹22.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SKF latest salaries received from various employees of SKF.