STMicroelectronics Principal Engineer Salaries by 6 Employees

18 - 23 years exp.

₹80 Lakhs - ₹1 Crore

Low Confidence

Avg. annual salary

Monthly In-hand Salary

192% more than the average Principal Engineer Salary in Semiconductors Companies for 18 - 23 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 18 - 23 years exp. (AmbitionBox Estimate)	₹92 L/yr - ₹94 L/yr
Engineering - Hardware & Networks Principal Engineer Salary 18 years exp. (AmbitionBox Estimate)	₹87.4 L/yr - ₹96.6 L/yr
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Strategic & Top Management Principal Engineer Salary 23 years exp. (AmbitionBox Estimate)	₹76 L/yr - ₹84 L/yr

Last Updated: 30 Aug 2024

Companies similar to STMicroelectronics for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Microchip Technology Principal Engineer Salary 9 - 18 years exp. (57 salaries)	₹21.7 L/yr - ₹48 L/yr 58% less	3 job openings
Micron Technology Principal Engineer Salary 8 - 19 years exp. (44 salaries)	₹24.5 L/yr - ₹96 L/yr 34% less	1 job opening
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Broadcom Principal Engineer Salary 11 - 19 years exp. (33 salaries)	₹23.3 L/yr - ₹1 Cr/yr 38% less
Cadence Design Systems Principal Engineer Salary 8 - 12 years exp. (24 salaries)	₹26 L/yr - ₹65 L/yr 52% less
NXP Semiconductors Principal Engineer Salary 8 - 23 years exp. (23 salaries)	₹40 L/yr - ₹72 L/yr 42% less
Qualcomm Principal Engineer Salary 5 - 22 years exp. (23 salaries)	₹26 L/yr - ₹1.1 Cr/yr 30% less	10 job openings
Infineon Technologies Principal Engineer Salary 10 - 19 years exp. (21 salaries)	₹25.6 L/yr - ₹85 L/yr 33% less	13 job openings
GLOBALFOUNDRIES Principal Engineer Salary 1 - 13 years exp. (18 salaries)	₹19.5 L/yr - ₹28.2 L/yr 73% less	4 job openings
Intel Principal Engineer Salary 7 - 28 years exp. (17 salaries)	₹27.5 L/yr - ₹1.2 Cr/yr 29% less	1 job opening
Applied Materials Principal Engineer Salary 12 - 20 years exp. (7 salaries)	₹36 L/yr - ₹51.5 L/yr 52% less
Synopsys Principal Engineer Salary 11 - 22 years exp. (6 salaries)	₹62.5 L/yr - ₹99 L/yr 21% less
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MediaTek India Technology Principal Engineer Salary 9 - 19 years exp. (5 salaries)	₹50 L/yr - ₹80 L/yr 37% less
Marvell Technology Principal Engineer Salary 13 - 17 years exp. (5 salaries)	₹50.9 L/yr - ₹90 L/yr 19% less
ARM Embedded Technologies Principal Engineer Salary 15 - 16 years exp. (4 salaries)	₹96 L/yr - ₹1.5 Cr/yr 23% more	1 job opening
Advanced Micro Devices Principal Engineer Salary 12 - 23 years exp. (4 salaries)	₹43.5 L/yr - ₹1 Cr/yr 24% less

Principal Engineer salary at STMicroelectronics ranges between ₹80 Lakhs to ₹1 Crore per year for employees with experience between 18 years to 23 years. Salary estimates are based on 6 latest salaries received from various employees of STMicroelectronics.

Experience wise STMicroelectronics Principal Engineer salaries

Last Updated: 30 Aug 2024

Experience	Avg Annual Salary
15+ years (6 salaries)	₹80 L/yr - ₹1 Cr/yr
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Similar Designation salaries in STMicroelectronics

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Salary related reviews for STMicroelectronics

Technical Lead in Greater Noida

Engineering - Software & QA Department

5.0

• posted on 23 Oct 2018

5.0

for Salary and Benefits

Likes

... organization with best campus in NCR , adequate learning and development ,paid trainings, good growth opportunities , good compensation , nice work life balance ,nice cafetaria, overall a very very good organization

Salary - Excellent

+6 more

Dislikes

bit slow to adapt to new technologies as a big organization

Technical Lead in Greater Noida

Consulting Department

4.0

• posted on 30 Mar 2018

4.0

for Salary and Benefits

Likes

St microelctronics is a good for compensation and annual hikes..And thy give you full freedom to work and implement new things.

Salary - Good

+4 more

Dislikes

Team size is always small here , hence workload is high and very few growth opportunities are here in terms of position.

Software Engineer in Greater Noida

Engineering - Software & QA Department

5.0

• posted on 22 Jul 2019

5.0

for Salary and Benefits

Likes

...ion. Policies of ST MICROELECTRONICS take care very little things for employees.ST Microelectronics gives very good Salary to its employees. Employees enjoy their life in ST Microelectronics.

Salary - Excellent

+6 more

Dislikes

Every thing is good

Database Admin in Greater Noida

IT & Information Security Department

5.0

• posted on 22 Mar 2022

5.0

for Salary and Benefits

Likes

ST is an amazing company to work with as far as learning, salary package, or work culture is concerned. Also, their medical, transport, etc. facilities are really good.

Salary - Excellent

+4 more

Dislikes

The only issue is lack of work life balance and too much work stress.

Work-life balance - Bad

Senior Staff Engineer in Greater Noida

Engineering - Software & QA Department

1.0

• posted on 18 Mar 2021

2.0

for Salary and Benefits

Likes

Nothing except its infrastructure and all. They can give you one time compensation but in annual hike they will make you lower salaried ones.

Dislikes

There is lot of politics and the management doesn't address our issues. I can't say about other groups but there are a few people in one group ADG, who are worst in nature and don't know how to speek with the employees. Even though you are working day in day out you will feel pressurized all the time from their side. There demands are unrealistic which no one can fulfil every employee has the same issue. They are treating employees labours not resources and this is very bad for an organisation. People of ST does not have more lucrative options in NCR that's why they are serving here I think.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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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STMicroelectronics Principal Engineer Salary FAQs

What is the salary of Principal Engineer at STMicroelectronics ?

The average salary of a Principal Engineer at STMicroelectronics in India typically ranges from ₹80.0 Lakhs to ₹100.0 Lakhs per year, depending on experience (from 18 years to 23 years).

The top 10% of Principal Engineer at STMicroelectronics earn more than ₹99.8 Lakhs per year, and the top 1% earn over ₹100.0 Lakhs per year. Principal Engineer Salaries at STMicroelectronics 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 6 STMicroelectronics employees in India.

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

The estimated take-home salary of a Principal Engineer at STMicroelectronics in India typically ranges from ₹5,07,070 to ₹5,20,391 per month. This is based on the average salary range of ₹80.0 Lakhs to ₹100.0 Lakhs per year for employees with experience ranging from 18 years to 23 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 6 salaries received from various employees of STMicroelectronics. Check how we calculate in-hand salary with our in-hand salary calculator.

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

ARM Embedded Technologies

₹96.0 Lakhs to ₹150.0 Lakhs per year

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

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

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

Marvell Technology	₹50.9 Lakhs to ₹90.0 Lakhs per year
Synopsys	₹62.5 Lakhs to ₹99.0 Lakhs per year
Advanced Micro Devices	₹43.5 Lakhs to ₹100.0 Lakhs per year
Intel	₹27.5 Lakhs to ₹116.4 Lakhs per year
Qualcomm	₹26.0 Lakhs to ₹110.5 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 STMicroelectronics in India?

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

Experience	Average Salary Range
15 years	₹80.0 Lakhs to ₹100.0 Lakhs per year

and so on.

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STMicroelectronics Principal Engineer Salaries

STMicroelectronics Principal Engineer salary in India ranges between ₹80 Lakhs to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 6 STMicroelectronics latest salaries received from various employees of STMicroelectronics.