Terex Principal Engineer Salaries by 9 Employees (Updated 2024)

13 - 19 years exp.

₹17 Lakhs - ₹28.3 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Principal Engineer Salary in Industrial Machinery Companies for 13 - 19 years of experience

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Last Updated: 13 Dec 2024

Companies similar to Terex for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
TechnipFMC Principal Engineer Salary 9 - 18 years exp. (68 salaries)	₹11.4 L/yr - ₹20 L/yr 29% less
Toshiba Principal Engineer Salary 11 - 16 years exp. (4 salaries)	₹24 L/yr - ₹38 L/yr 36% more
Login to view exact salary
Hitachi Principal Engineer Salary 31 years exp. (3 salaries)	₹18 L/yr - ₹43 L/yr 44% more
HARMAN Principal Engineer Salary 9 - 16 years exp. (426 salaries)	₹17 L/yr - ₹51.1 L/yr 58% more	3 job openings
Hughes Systique Corporation Principal Engineer Salary 6 - 10 years exp. (253 salaries)	₹11 L/yr - ₹28 L/yr 7% less

Principal Engineer salary at Terex ranges between ₹17 Lakhs to ₹28.3 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of Terex.

Experience wise Terex Principal Engineer salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹25.7 L/yr
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15+ years (8 salaries)	₹17 L/yr - ₹28.3 L/yr

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Salary related reviews for Terex

4.0

Rated by 3 employees for salary & benefits

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

2.0

• posted on 14 Apr 2024

1.0

for Salary and Benefits

Likes

If you are thinking switch to Terex India Bangalore please note following points 1. There won't be much work pressures which is good 2. Flexi timings is good 3. Some of the employee benefit schemes are good 4. Work wise, it all depends on your abilities to get good and challenging work for you. Depends on team too. 5. If you are interested you can learn many technical things, there are good study materials available. And most of it is driven from terex corporation

Dislikes

...s for copy pasting and others even if you put patents you won't get anything. 9. Don't expect much salary hike after joining, in fact by giving peanut to you dictator will get good salary hike hehe I mean it's all depends on his mood or his needs will decide.

Senior Business Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Work timing and the flexibility they give you . Also opportunities to grow. Team members are quite helpful. Good Company to work with.

Dislikes

No such cons I got to see. Yes compensation wise could have been little better but overall it is good.

Senior Design Engineer in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

2.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Job security is not a worry unless your performance is too bad. Good work culture and ethics.

Dislikes

Compensation is very poor. No proper methods or standards in compensating based on Experience and Skill level. Management looks good in paper but not in actions. Policies are good but not implemented as it is.

Design Engineer in Bangalore / Bengaluru

Research & Development Department

4.0

• posted on 01 Apr 2022

2.0

for Salary and Benefits

Likes

Good work culture and the peers are amazingly knowledgeable. The support that we get from onsite team is to next level.

Dislikes

The mid level management is a lot to take in. Salary is not upto market value, even though the learning opportunities are high. Team member is not treated as a capable engineer, always the management comes in between while taking a decision which any engineer is capable of doing

Production Engineer in Hosur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Company policy and code of ethics

Dislikes

Amal fedrik ,ed Vijay. Safety Muthu. ME Raghuram. Ppe Mukundan. Chief manager Rajaprapu. Manager Manjunath. Store manager And little more waste in this company 😉 But act as that if they aren't the company will die Bull shit guys no proper knowledge of technical puppet to execute director so good promotion and taking all in assembly to outsourcing to earn money through benami

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Terex Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Terex?

Principal Engineer salary at Terex in India ranges between ₹17.0 Lakhs to ₹28.3 Lakhs for experience between 13 years to 19 years. According to our estimates it is 27% less than the average Principal Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Terex India.

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

The average salary of a Principal Engineer at Terex is 27% less 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 Terex to a Principal Engineer in India?

HARMAN Principal Engineer Salary - ₹17.0 Lakhs to ₹51.1 Lakhs per year
Hitachi Principal Engineer Salary - ₹18.0 Lakhs to ₹43.0 Lakhs per year
Toshiba Principal Engineer Salary - ₹24.0 Lakhs to ₹38.0 Lakhs per year

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

Hughes Systique Corporation Principal Engineer Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
TechnipFMC Principal Engineer Salary - ₹11.4 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Principal Engineer at Terex ranges between ₹1,45,999 per month to ₹1,51,464 per month in India. The take-home salary calculation is based on the average Terex Principal Engineer salary in India which ranges between ₹17.0 Lakhs to ₹28.3 Lakhs per year for employees with experience between 13 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Terex?

According to AmbitionBox, 33% of the Terex Principal Engineers reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Terex Principal Engineer Salaries

Terex Principal Engineer salary in India ranges between ₹17 Lakhs to ₹28.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Terex latest salaries received from various employees of Terex.