Valeo Principal Engineer Salaries by 10+ Employees

11 - 16 years exp.

₹21.5 Lakhs - ₹58 Lakhs

Salary of majority employees

Fixed (83%)

₹27.9 Lakhs

Variable (17%)

₹5.8 Lakhs

6% more than the average Principal Engineer Salary in Auto Components Companies for 11 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 14 - 16 years exp. (5 salaries)	₹21.5 L/yr - ₹58 L/yr
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Project & Program Management Principal Engineer Salary 13 - 15 years exp. (4 salaries)	₹25 L/yr - ₹40 L/yr

Last Updated: 20 Dec 2024

Companies similar to Valeo for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda Principal Engineer Salary 10 - 15 years exp. (15 salaries)	₹11 L/yr - ₹22 L/yr 49% less
Yazaki Principal Engineer Salary 9 - 15 years exp. (7 salaries)	₹14 L/yr - ₹27 L/yr 39% less
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ZF Friedrichshafen Principal Engineer Salary 10 - 15 years exp. (4 salaries)	₹22.8 L/yr - ₹32.9 L/yr 17% less
Continental Principal Engineer Salary 12 - 13 years exp. (3 salaries)	₹39.2 L/yr - ₹50 L/yr 29% more
Magna International Principal Engineer Salary 12 - 13 years exp. (3 salaries)	₹39.2 L/yr - ₹50 L/yr 29% more
ZF India Technology Center Principal Engineer Salary 9 - 10 years exp. (3 salaries)	₹22.8 L/yr - ₹34 L/yr 17% less

Principal Engineer salary at Valeo ranges between ₹21.5 Lakhs to ₹58 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of Valeo.

Experience wise Valeo Principal Engineer salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹58.1 L/yr
12 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹34.3 L/yr
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13 years (AmbitionBox Estimate)	₹25 L/yr - ₹60.1 L/yr
14 years (4 salaries)	₹21.5 L/yr - ₹58 L/yr
15+ years (6 salaries)	₹26.3 L/yr - ₹58 L/yr

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Top skills at Valeo for Principal Engineer

Customer Interaction Hardware Design Automotive System integration Project Management Scheduling Auditing TPM Mechatronics

Salary related reviews for Valeo

Team Lead in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and Monetory benifits are very good

Salary - Good

Dislikes

Especially culture in ths tcc is to improve very much. Opportunities should be equal to all. Fevorism for their community people makes others and competent resource to feel not wel. Work culture was very good earlier, and it got transformation post COVID..

Promotions - Poor

+2 more

Senior Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

5.0

• posted on 19 Dec 2023

4.0

for Salary and Benefits

Likes

...ing environment is absolutely amazing and work life balance is well maintained. Salary and benefits to employees are also good.

Salary - Good

+6 more

Dislikes

Employees need to be recognised for their work individually and considered for upgrade of their position and project development by the Manager not that employee needs to enact on it it’s higher officials to enact.

Senior Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 30 Oct 2022

5.0

for Salary and Benefits

Likes

1.You get to work on new and latest products out there in the market. 2.Learning will be great Enough. 3.If you are truly skilled and problem solver you climb up the ladder pretty easy. 4.Compensation is best in the industry. 5.You'll get benifits and bonuses.

Salary - Excellent

+4 more

Dislikes

...they will say it's not shortlisted and they contact them directly and hire them. So in this way they will not pay you referral bonus. The best possible way of cheating. This shows how HRs work in the compay. Efforts are from employees finding talent, give them profiles and they simply reject in email/portal and they hire him directly to avoid paying you referral bonus. Being HR they talk a lot about values, policies and loy other stuff. What they are doing here is assigning their talent acquisition task to other fellow employees so that they refer and make their job easy. (This is the worst I have seen in my career.)

Senior Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 12 Sep 2020

4.0

for Salary and Benefits

Likes

Only pay is good other than that nothing is good.

Salary - Good

Dislikes

...nagers. Work pressure is more. If they don't have project they will not pay you. Billing basis Salary System.Management want only the billing if the work is different then your profile.Worst Company.

Skill development - Bad

+5 more

Software Engineer in Navalur

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Nov 2022

4.0

for Salary and Benefits

Likes

If you work enthusiastically, you will be given better work and more salary(though within the slab). WLB is generally good (but it depends on your manager) Learning in some teams is excellent (but very few exist)

Salary - Good

+3 more

Dislikes

If your team follows ASPICE strictly, your work will be overburdened with processes. Processes are not mature yet. Adding to the problem. Freshers are used as Unit testing machines. Not the best pay in the market.

Work satisfaction - Poor

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Valeo Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Valeo ?

The average salary of a Principal Engineer at Valeo in India typically ranges from ₹21.5 Lakhs to ₹58.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Principal Engineer at Valeo earn more than ₹58.0 Lakhs per year, and the top 1% earn over ₹58.0 Lakhs per year. Principal Engineer Salaries at Valeo 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 10+ Valeo employees in India.

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

The estimated take-home salary of a Principal Engineer at Valeo in India typically ranges from ₹2,04,700 to ₹2,12,819 per month. This is based on the average salary range of ₹21.5 Lakhs to ₹58.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 10+ salaries received from various employees of Valeo. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Principal Engineer at Valeo ?

To be a Principal Engineer at Valeo in india, the key skills required include:

- Customer Interaction
- Hardware Design
- Automotive
- System integration
- Project Management

These skills are highly valued at Valeo and are crucial for successful performance in a Software Engineering role.

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

Continental	₹39.2 Lakhs to ₹50.0 Lakhs per year
Magna International	₹39.2 Lakhs to ₹50.0 Lakhs per year

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

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

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

ZF India Technology Center	₹22.8 Lakhs to ₹34.0 Lakhs per year
ZF Friedrichshafen	₹22.8 Lakhs to ₹32.9 Lakhs per year
Yazaki	₹14.0 Lakhs to ₹27.0 Lakhs per year
UNO Minda	₹11.0 Lakhs to ₹22.0 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 Valeo in India?

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

Experience	Average Salary Range
11 years	₹27.5 Lakhs to ₹58.1 Lakhs per year
12 years	₹13.1 Lakhs to ₹34.3 Lakhs per year
13 years	₹25.0 Lakhs to ₹60.1 Lakhs per year
14 years	₹21.5 Lakhs to ₹58.0 Lakhs per year

and so on.

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Valeo Principal Engineer Salaries

Valeo Principal Engineer salary in India ranges between ₹21.5 Lakhs to ₹58 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Valeo latest salaries received from various employees of Valeo.