Toyo Engineering Principal Project Engineer Salaries by 4 Employees (Updated 2024)

17 - 20 years exp.

₹23 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Principal Project Engineer Salary in Engineering & Construction Companies for 17 - 20 years of experience

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Last Updated: 15 Sep 2024

Companies similar to Toyo Engineering for Principal Project Engineer

Company name	Avg Annual Salary	Open Jobs
Tecnimont Principal Project Engineer Salary 10 - 12 years exp. (7 salaries)	₹9.8 L/yr - ₹20 L/yr 53% less
Worley Principal Project Engineer Salary 10 - 16 years exp. (7 salaries)	₹16.6 L/yr - ₹22 L/yr 33% less
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McDermott International Principal Project Engineer Salary 17 - 22 years exp. (7 salaries)	₹27 L/yr - ₹47.3 L/yr 21% more
Petrofac Principal Project Engineer Salary 13 - 25 years exp. (7 salaries)	₹19 L/yr - ₹45 L/yr 19% more
Jacobs Engineering Group Principal Project Engineer Salary 10 - 18 years exp. (5 salaries)	₹16.4 L/yr - ₹20 L/yr 37% less

Principal Project Engineer salary at Toyo Engineering ranges between ₹23 Lakhs to ₹36 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Toyo Engineering.

Experience wise Toyo Engineering Principal Project Engineer salaries

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹23 L/yr - ₹36 L/yr
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Salary related reviews for Toyo Engineering

3.0

Rated by 1 employees for salary & benefits

Project Engineer in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 05 Apr 2023

3.0

for Salary and Benefits

Likes

Colleagues (not management) are helpful. There's a fair amount of job security. Lunch break. Canteen food has become better. Nearby Railway station

Dislikes

...me data is shared in 10 different formats just to please the parent company. 9) Salary is below par of market range. 10) There is no scope of learning new things.. Approach of the company has degraded drastically. 11) There are no discussion for expansion of the organization and entering different fields. 12) Bring your own fan or cooling devices are AC are only for displays during the day time and will be closed at 5 pm.

Mechanical Engineer in Mumbai

Production, Manufacturing & Engineering Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

It's very nice place to work. Supporting staff, very discipline atmosphere. No major work load.

Dislikes

...ployees is permanent role They will put contractual basis, which is not good. Salary is also a factor for contractual staff.

Senior Assistant Engineer in Mumbai Suburban

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 17 Sep 2023

3.0

for Salary and Benefits

Likes

Company has vast experience in oil and gas, fertilizer, petrochemical field EPC projects. Internal process are robust and leaves very small room for mistakes. Past projects experience is being utilised for current projects. The work culture is balanced. Not too much freedom and not too much restrictions as well. Toyo is a good company for freshers for their technical growth. Also yearly increment is in range of 15 to 25 percent for senior engineers and below.

Dislikes

...t leads. Some leads unnecessarily ask you to work late hours and on Saturdays. Bonus is on lower side.

Lead Planning Engineer in Mumbai

Full Time

Construction & Site Engineering Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

...eams are always supportive and provide opportunities to grow and develop skills. Good Salary Package, Salary on time, Time to time appraisal & bonus. Additional Training for skill development, Very good working culture with good working team, Learning Opportunities.

Dislikes

No any dislikes for this company.

Senior Process Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 21 May 2023

1.0

for Salary and Benefits

Likes

Work culture is excellent.

Dislikes

Company hide many things from employee about salary in offer letter and will get surprised after joining, which is TOYO scam. 1.They never pay you LTA which is your CTC component if you left company. Normally it should be on pro rata basis which they hiide from you during joining. 2.Toyo scam 2 is bonus/ ex-gratia - if you left the company as per their policy they will not pay you this account which is a part of CTC. 3. Bus service - they changed you for bus service as per your grade. 4. Scam 4, Superannuation they will not deposit the superannuation money in your lic policy and if you left before 5 ys all money goes there pocket. So take care all these above points before joining Toyo india, management trap employees with these hidden norms.

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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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Toyo Engineering Principal Project Engineer Salary FAQs

What is the salary of Principal Project Engineer at Toyo Engineering?

Principal Project Engineer salary at Toyo Engineering in India ranges between ₹23.0 Lakhs to ₹36.0 Lakhs for experience between 17 years to 20 years. According to our estimates it is 29% more than the average Principal Project Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Toyo Engineering India.

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

The average salary of a Principal Project Engineer at Toyo Engineering is 29% more than the average salary of a Principal Project Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Toyo Engineering to a Principal Project Engineer in India?

McDermott International Principal Project Engineer Salary - ₹27.0 Lakhs to ₹47.3 Lakhs per year
Petrofac Principal Project Engineer Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Principal Project Engineer in companies similar to Toyo Engineering in India?

Worley Principal Project Engineer Salary - ₹16.6 Lakhs to ₹22.0 Lakhs per year
Jacobs Engineering Group Principal Project Engineer Salary - ₹16.4 Lakhs to ₹20.0 Lakhs per year
Tecnimont Principal Project Engineer Salary - ₹9.8 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Principal Project Engineer at Toyo Engineering in India?

The estimated take-home salary of a Principal Project Engineer at Toyo Engineering ranges between ₹1,82,403 per month to ₹1,89,514 per month in India. The take-home salary calculation is based on the average Toyo Engineering Principal Project Engineer salary in India which ranges between ₹23.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 17 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Principal Project Engineer at Toyo Engineering?

According to AmbitionBox, 67% of the Toyo Engineering Principal Project Engineers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Toyo Engineering Principal Project Engineer Salaries

Toyo Engineering Principal Project Engineer salary in India ranges between ₹23 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Toyo Engineering latest salaries received from various employees of Toyo Engineering.