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Verizon Principal System Engineer salaries in Chennai

Annual salary range
16 - 18 years exp.
₹41 Lakhs - ₹42.4 Lakhs
Salary of majority employees
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Fixed (83%)
₹34.7 Lakhs
Variable (17%)
₹7.0 Lakhs
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33% more than the average Principal System Engineer Salary in Telecom Companies for 16 - 18 years of experience

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Last Updated: 28 Sep 2024

Companies similar to Verizon for Principal System Engineer in Chennai

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Verizon Principal System Engineer Salary

16 - 18 years exp. (4 salaries)

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₹41 L/yr - ₹42.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹24 L/yr - ₹33 L/yr

arrow icon 28% less
Principal System Engineer salary at Verizon ranges between ₹41 Lakhs to ₹42.4 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Verizon.

Latest annual salaries shared by Verizon Principal System Engineer in Chennai

5mo ago
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18 years exp.
10mo ago
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17 years exp.
1y ago
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17 years exp.

Experience wise Verizon Principal System Engineer salaries in Chennai

Last Updated: 28 Sep 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹41 L/yr - ₹42.4 L/yr

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Salary related reviews for Verizon

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 24 Jun 2022

1.0
 for  Salary and Benefits

Likes

...ut down paper. Then condition detoriated day by day. Got promotion in 1.5 yrs. Got good pay hikes. Leave policy is excellent. Upper management was supportive until I drop paper. Anyone who joins will really enjoy their time and efforts. This 1 rating is completely based on my exit

read more

Dislikes

The management stopped caring after I dropped paper. My Manager said I cant even take single day off while on papers. As this is the policy of company where as the one left prior to me were given almost 1 month vacation in the two month notice period. The management did ask me to work from office while as per company policy we need to work 5 days in a month. I was bachelor and when asked to stay alone and go to office for 5 days that wasn't ideal and caused me few mental stress. Though the entire management wasn't available in office on quite a few occasion. On the days when we need to go to office few management favorites were given week offs on those days. Even they were given the shifts off their choices. Even if I have seen a lot of favoritism across the management. I didnt even got a closure meeting by leads and management while others got it. Their was on hr discussion as well. It is simply like when I left they made me feel like I wasn't even needed. Work from office policy was only for 5/15 employees rest all worked nicely from home. It got worse day by day. And I wish I had the gallup survey while i exited. I was initially based on Chennai and then moved to hyderabad. And while returning the equipments they asked me to go to chennai and return it. This again caused a lot of financial and mental stress. And at last the manager said don't call me if you face any issues and asked to call other manager of the team. Thats the tip of the ice-berg.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 07 Apr 2023

4.0
 for  Salary and Benefits

Likes

Work life balance. company provides stocks and good package. company transport. bonus is good. you can work individually.

read more
  • Salary - Good
  • +5 more

Dislikes

No Agile process followed. for a project mostly 3 members will be available. More dependency on seniors. and mostly they will not help.

read more

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.

read 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.

read more

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

read more
  • Job security - Poor
  • +1 more

Engineering - Software & QA Department

5.0
  •  posted on 19 Apr 2019

5.0
 for  Salary and Benefits

Likes

Work culture is employee friendly and the tools used will ease our work and pay is better when compared to other companies... Hats off to the maternity policy where a new mom has flexible and friendly work culture

read more
  • Salary - Excellent
  • +6 more

Dislikes

On time appreciation was not received sumtimes and growth is slow.. Being a product based company sum times we'll have to stay even overnight and get issue resolved if needed and satisfy customers.. This could have been resolved with allocation of shift based employees and training them appropriately

read more
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Verizon Principal System Engineer Salary FAQs

What is the salary of Principal System Engineer at Verizon in Chennai?
The average salary of a Principal System Engineer at Verizon in Chennai typically ranges from ₹41.0 Lakhs to ₹42.4 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of Principal System Engineer in Chennai at Verizon earn more than ₹42.4 Lakhs per year, and the top 1% earn over ₹42.4 Lakhs per year. Principal System 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 4 Verizon employees in India.
What is the estimated take home salary of a Principal System Engineer at Verizon in Chennai?
The estimated take-home salary of a Principal System Engineer at Verizon in Chennai typically ranges from ₹2,47,329 to ₹2,57,375 per month. This is based on the average salary range of ₹41.0 Lakhs to ₹42.4 Lakhs per year for employees with experience ranging from 16 years to 18 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 4 salaries received from various employees of Verizon. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Principal System Engineer in companies similar to Verizon in Chennai?
The salary of a Principal System Engineer at companies similar to Verizon in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini Engineering ₹24.0 Lakhs to ₹33.0 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 System Engineer at Verizon in Chennai?
The salary growth for a Principal System Engineer at Verizon in Chennai depends on factors such as experience, performance, and promotions. On average, a Principal System Engineer in Chennai can expect the following growth trajectory at Verizon:

Experience Average Salary Range
15 years ₹41.0 Lakhs to ₹42.4 Lakhs per year
and so on.

Tell us how to improve this page.

Verizon Principal System Engineer salary in Chennai ranges between ₹41 Lakhs to ₹42.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Verizon latest salaries received from various employees of Verizon.