Verizon Chennai Principal Engineer Salaries by 40+ Employees (Updated 2025)

11 - 20 years exp.

₹22 Lakhs - ₹54 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% more than the average Principal Engineer Salary in Telecom Companies for 11 - 20 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 11 - 18 years exp. (22 salaries)	₹22 L/yr - ₹46 L/yr
Project & Program Management Principal Engineer Salary 11 - 13 years exp. (4 salaries)	₹28.1 L/yr - ₹39.9 L/yr
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Data Science & Analytics Principal Engineer Salary 11 - 13 years exp. (3 salaries)	₹37 L/yr - ₹54 L/yr
Engineering - Hardware & Networks Principal Engineer Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹30.5 L/yr - ₹40.3 L/yr
IT & Information Security Principal Engineer Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹41.2 L/yr - ₹46.8 L/yr

Last Updated: 14 Mar 2025

Companies similar to Verizon for Principal Engineer in Chennai

Verizon Principal Engineer Salary

11 - 20 years exp. (40 salaries)

₹22 L/yr - ₹54 L/yr

Company name	Avg Annual Salary	Open Jobs
Saipem Principal Engineer Salary 10 - 17 years exp. (157 salaries)	₹9.2 L/yr - ₹29.5 L/yr 53% less
Jasmin Infotech Principal Engineer Salary 6 - 11 years exp. (94 salaries)	₹7.6 L/yr - ₹20 L/yr 60% less
Login to view exact salary
VA Tech Wabag Principal Engineer Salary 8 - 17 years exp. (50 salaries)	₹7.5 L/yr - ₹15.3 L/yr 72% less	4 job openings
NatWest Group Principal Engineer Salary 12 - 20 years exp. (30 salaries)	₹25.5 L/yr - ₹46 L/yr 12% less
Mahindra & Mahindra Principal Engineer Salary 14 - 23 years exp. (29 salaries)	₹29 L/yr - ₹55 L/yr 7% more

Principal Engineer salary at Verizon ranges between ₹22 Lakhs to ₹54 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 40 latest salaries received from various employees of Verizon.

Latest annual salaries shared by Verizon Principal Engineer in Chennai

3w ago

₹41.2 Lakhs

18 years exp.

3w ago

₹46 Lakhs

16 years exp.

4w ago

₹43.3 Lakhs

13 years exp.

4w ago

₹42 Lakhs

20 years exp.

3mo ago

₹33 Lakhs

13 years exp.

3mo ago

15 years exp.

3mo ago

13 years exp.

3mo ago

11 years exp.

4mo ago

13 years exp.

5mo ago

11 years exp.

Experience wise Verizon Principal Engineer salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
11 years (6 salaries)	₹22 L/yr - ₹50 L/yr
12 years (5 salaries)	₹29 L/yr - ₹54 L/yr
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13 years (12 salaries)	₹28.1 L/yr - ₹50 L/yr
14 years (5 salaries)	₹30.5 L/yr - ₹46.8 L/yr
15+ years (12 salaries)	₹35.6 L/yr - ₹50 L/yr

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Principal Software Engineer Salary

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Top skills at Verizon for Principal Engineer

Agile SQL Python Oracle System Architecture Python Coding Unix SOA Debugging Data Science Java Application Development Data Engineering Project Management

Salary related reviews for Verizon

4.2

Rated by 5 employees for salary & benefits

Senior Consultant in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

Salary , Hike , Worklife balance , Future direction initiatives , Amazing leave policy , Flexible work timings & lot more.

Salary - Good

+4 more

Dislikes

Working with few managers are hectic on achieving goals ,U might find only couple of them in the entire company. Unfortunately I have faced one in my long career.

Technical Lead in Chennai

Engineering - Software & QA Department

4.0

• posted on 03 Nov 2018

4.0

for Salary and Benefits

Likes

over all its very good company ,work life balance,good pay scale etc...

Salary - Good

+2 more

Dislikes

after organisation changes ,Verizon IT sector outsourced to other companies ,all employees are facing lot of issues..especially on job security

Job security - Poor

+1 more

Big Data Developer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 09 Mar 2025

4.0

for Salary and Benefits

Likes

Salary but not benefits, gives opportunity to be part of various forums, company level culture

Salary - Good

+1 more

Dislikes

HR policies on promotions, ratings. HR meeting clearly show escapism from employee concerns. Management culture is mostly misused by biasing, recognitions are not fulfilled equally, always use the name of HR and vice-versa.

Promotions - Bad

+2 more

Consultant 3 in Chennai

Full Time

IT & Information Security Department

2.0

• posted on 29 Dec 2023

5.0

for Salary and Benefits

Likes

Salary and Hike

Salary - Excellent

+1 more

Dislikes

Micromanagement , promotion given only to those who remain a yes man for the management. No empathy for employee mental health. And this woke mentality of giving women the promotions and Internal movement even though they aren't not qualified in terms of skills and work ethics

Job security - Poor

+4 more

Analyst in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 08 May 2024

1.0

for Salary and Benefits

Likes

-Leaves -snacks - training

Dislikes

-Field offs management is not a technical person and manipulative person . -Team lunch happens in cafeteria not in hotel as cost cutting - Performing rating but got 6%-7 rating. - No rotation force you to leave job - promotion only to non deserving because they are friend with top management so they will not give bad ratings. -Sr Managers/manager only bothered about rating and politics. - Management will decide your career management or technical? Not you - if company in profit they why all got less %.In name cost cutting Indian management ruining life of qualified peoples. -off shore vp is good he asked for clarity but sir our voice are suppressed because they not allowing our voice to reach you. - revenge was taken by them in increments, to shut people mouth. -Ruined culture of politics . Toxic environment. - Everyone do not like each other. - This is not culture of growth. Selected playing life of person for there own benefits.

Salary - Bad

+6 more

see more salary related reviews

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What people are saying about Verizon

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a software engineer

Verizon vs. Evernorth – Which Offer Should I Accept?

Hey everyone, I need some career advice. I have 3 years and 8 months of experience as a full-stack developer, and I currently earn ₹10.60 LPA (CCTC). I recently received two offers in Hyderabad: • Verizon: ₹20 LPA + $2,000 in stock • Evernorth (Cigna): ₹17.9 LPA Beyond just compensation, I want to consider career growth, work-life balance, learning opportunities, and company culture. Based on your experience or insights, which company would be the better choice in the long run? Would really appreciate your thoughts!

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Verizon Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Verizon in Chennai?

The average salary of a Principal Engineer at Verizon in Chennai typically ranges from ₹22.0 Lakhs to ₹54.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Principal Engineer in Chennai at Verizon earn more than ₹48.4 Lakhs per year, and the top 1% earn over ₹54.0 Lakhs per year. Principal Engineer Salaries at Verizon 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 40+ Verizon employees in India.

What is the estimated take home salary of a Principal Engineer at Verizon in Chennai?

The estimated take-home salary of a Principal Engineer at Verizon in Chennai typically ranges from ₹2,40,247 to ₹2,49,973 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹54.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 40+ salaries received from various employees of Verizon. 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 Verizon in Chennai?

To be a Principal Engineer at Verizon in Chennai, the key skills required include:

- Agile
- SQL
- Python
- Oracle
- System Architecture

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

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

Mahindra & Mahindra

₹29.0 Lakhs to ₹55.0 Lakhs per year

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

What is the salary of a Principal Engineer in companies similar to Verizon in Chennai?

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

NatWest Group	₹25.5 Lakhs to ₹46.0 Lakhs per year
Saipem	₹9.2 Lakhs to ₹29.5 Lakhs per year
Jasmin Infotech	₹7.6 Lakhs to ₹20.0 Lakhs per year
VA Tech Wabag	₹7.5 Lakhs to ₹15.3 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 Verizon in Chennai?

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

Experience	Average Salary Range
11 years	₹22.0 Lakhs to ₹50.0 Lakhs per year
12 years	₹29.0 Lakhs to ₹54.0 Lakhs per year
13 years	₹28.1 Lakhs to ₹50.0 Lakhs per year
14 years	₹30.5 Lakhs to ₹46.8 Lakhs per year

and so on.

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Verizon Principal Engineer Salaries in Chennai

Verizon Principal Engineer salary in Chennai ranges between ₹22 Lakhs to ₹54 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Verizon latest salaries received from various employees of Verizon.