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Ashok Leyland

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Ashok Leyland new Product Development Engineer salaries in Chennai

Annual salary range
1 - 8 years exp.
₹2 Lakhs - ₹7.7 Lakhs
Salary of majority employees
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12% less than the average new Product Development Engineer Salary in Automobile Companies for 1 - 8 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 8 years exp. (5 salaries)
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₹2 L/yr - ₹7.7 L/yr

Quality Assurance
new Product Development Engineer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.7 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4.7 L/yr

Last Updated: 31 Dec 2024

Companies similar to Ashok Leyland for new Product Development Engineer in Chennai

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Ashok Leyland new Product Development Engineer Salary

1 - 8 years exp. (8 salaries)

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₹2 L/yr - ₹7.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 59% more
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₹4.5 L/yr - ₹11.5 L/yr

arrow icon 124% more
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₹2.2 L/yr - ₹8.5 L/yr

arrow icon 77% more
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₹2.8 L/yr - ₹6.3 L/yr

arrow icon 17% more
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₹2.9 L/yr - ₹7.5 L/yr

arrow icon 41% more
new Product Development Engineer salary at Ashok Leyland ranges between ₹2 Lakhs to ₹7.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Ashok Leyland.

Latest annual salaries shared by Ashok Leyland new Product Development Engineer in Chennai

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Experience wise Ashok Leyland new Product Development Engineer salaries in Chennai

Last Updated: 31 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in Ashok Leyland

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₹1.45 L/yr - ₹4.5 L/yr
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₹3.6 L/yr - ₹7.5 L/yr
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₹2.15 L/yr - ₹4 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹8.4 L/yr - ₹19.85 L/yr
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₹2 L/yr - ₹4 L/yr
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₹2 L/yr - ₹4.64 L/yr
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₹5 L/yr - ₹15 L/yr

Salary related reviews for Ashok Leyland

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 12 Jun 2024

2.0
 for  Salary and Benefits

Likes

Possible to express self. No strict formal attire, Able to interact beyond hierarchy

  • Job security - Good

Dislikes

Boss centric culture, Disparity in appraisal, Job to qualification or salary to experience matching is not possible

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Quality Assurance Department

4.0
  •  posted on 11 Feb 2023

2.0
 for  Salary and Benefits

Likes

It's an automotive industry

Dislikes

Ashok Leyland more teenage workers in contract act only... No company roll.... Then contract gives very low salary to contract workers......95%of work done by contract workers doing there...then etc....

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 17 Oct 2023

4.0
 for  Salary and Benefits

Likes

There is enough freedom to express your thoughts. Higher or Top management are approachable Dress code is must only for production unit employees Conveyance is provided at minimal cost from various corners of the city All locations are accessible by public transport system also except founderies

read more
  • Salary - Good
  • +1 more

Dislikes

... Chaos and confusions are common place and last mile delivery is so stressful. Salary policy is non existent. You can see lateral hires getting less than 10 lacs per annum CTC with more than 20 years of experience in domains other than finance or admin. But there are diploma holders with 4 or 5 years experience getting more than 10 lacs per annum . There is no equation suits the distribution.

read more

Contractual

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 30 Dec 2023

4.0
 for  Salary and Benefits

Likes

The working culture is awesome and the learning is so so big. The managers are so kind to teach and they are friendly to freshers.

read more
  • Salary - Good
  • +5 more

Dislikes

...s only dislike in this company. Direct permanent Onroll staff is very very rare. But freshers learning is very good don't look salary as a fresher just learn the core things

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 12 Nov 2019

1.0
 for  Salary and Benefits

Likes

Very few lateral entries who still working for lower bucks

Dislikes

Compensation is very low for lateral entries. And growth also very narrow. Since it is a automotive type daily work pressure will be high to meet the customers and projects requirements. During appraisal my achievements are not appreciated and considered and each time my manager tells it was management driven project. Senior HR people always telling that Ashokleyland one of the highest payers in India, which is absolute fake statement. Mid management

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Ashok Leyland new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Ashok Leyland Chennai?
new Product Development Engineer salary at Ashok Leyland in Chennai ranges between ₹2.0 Lakhs to ₹7.7 Lakhs for experience between 1 years to 8 years. According to our estimates it is 12% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Ashok Leyland Chennai.
How does the salary of a new Product Development Engineer at Ashok Leyland Chennai compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Ashok Leyland is 12% less than the average salary of a new Product Development Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Ashok Leyland to a new Product Development Engineer in Chennai?
  • Ford Motor new Product Development Engineer Salary - ₹4.5 Lakhs to ₹11.5 Lakhs per year
  • Lucas-TVS new Product Development Engineer Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
  • Mahindra & Mahindra new Product Development Engineer Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
  • Motherson Automotive Technologies and Engineering new Product Development Engineer Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
  • Avalon Technologies new Product Development Engineer Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Ashok Leyland in Chennai?
The estimated take-home salary of a new Product Development Engineer at Ashok Leyland ranges between ₹25,517 per month to ₹26,948 per month in Chennai. The take-home salary calculation is based on the average Ashok Leyland new Product Development Engineer salary in India which ranges between ₹2.0 Lakhs to ₹7.7 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at Ashok Leyland in Chennai?
According to AmbitionBox, 50% of the Ashok Leyland new Product Development Engineers in Chennai reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Ashok Leyland new Product Development Engineer salary in Chennai ranges between ₹2 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Ashok Leyland latest salaries received from various employees of Ashok Leyland.