Bajaj Electricals Manager new Product Development Salaries by 3 Employees

10 - 12 years exp.

₹18 Lakhs - ₹19.6 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

12% more than the average Manager new Product Development Salary in Consumer Electronics & Appliances Companies for 10 - 12 years of experience

Interested in this particular role?

Last Updated: 26 Apr 2023

Companies similar to Bajaj Electricals for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
LG Electronics Manager new Product Development Salary 14 - 18 years exp. (8 salaries)	₹20 L/yr - ₹35 L/yr 35% more
V-Guard Industries Manager new Product Development Salary 6 - 14 years exp. (5 salaries)	₹12 L/yr - ₹22 L/yr 9% less
Login to view exact salary
Havells Manager new Product Development Salary 11 - 16 years exp. (9 salaries)	₹17 L/yr - ₹23 L/yr 17% more
Escorts Kubota Limited Manager new Product Development Salary 8 - 20 years exp. (8 salaries)	₹11.9 L/yr - ₹20 L/yr 17% less
Schneider Electric Manager new Product Development Salary 5 - 8 years exp. (7 salaries)	₹11 L/yr - ₹15 L/yr 29% less

Manager new Product Development salary at Bajaj Electricals ranges between ₹18 Lakhs to ₹19.6 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Electricals.

Experience wise Bajaj Electricals Manager new Product Development salaries

Last Updated: 26 Apr 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
11 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr

Similar Designation salaries in Bajaj Electricals

Design Engineer Salary

(17 salaries)

₹4.5 L/yr - ₹11 L/yr

Mechanical Engg. Design Salary

(15 salaries)

₹4.5 L/yr - ₹9.75 L/yr

Senior Design Engineer Salary

(10 salaries)

₹5 L/yr - ₹11 L/yr

Industrial Designer Salary

(7 salaries)

₹15 L/yr - ₹19 L/yr

Lighting Designer Salary

(6 salaries)

₹5 L/yr - ₹7.5 L/yr

Product Development Engineer Salary

(6 salaries)

₹2.85 L/yr - ₹10.65 L/yr

Draughtsman Mechanical Salary

(6 salaries)

₹3 L/yr - ₹3.65 L/yr

Design Manager Salary

(6 salaries)

₹11.5 L/yr - ₹16.55 L/yr

Simulator Engineer Salary

(5 salaries)

₹12 L/yr - ₹17.11 L/yr

Auto CAD Engineer Salary

(5 salaries)

₹2.2 L/yr - ₹3 L/yr

Salary related reviews for Bajaj Electricals

Design Engineer in Navi Mumbai

Full Time

Research & Development Department

3.0

• posted on 23 Mar 2023

2.0

for Salary and Benefits

Likes

Flexi timing Culture is not toxic

Work-life balance - Good

Dislikes

...it's started only for a specific department. Unrealistic time lines are given. Pay dispersion is not fair. Marketing is never clear about what they exactly want. Unwanted pressure is created only on one department regardless of who is responsible for the delay in project.

Salary - Poor

+1 more

Senior Manager Design in Navi Mumbai

Full Time

Research & Development Department

1.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Compensation and benefits, Welcoming new joiners with good gesture

Salary - Good

Dislikes

Being a big brand and expectations, superiors in organisation have lack of technical exposure and the planning is being done purely on theoretical assumptions but not on ground reality this is leading to failure or delays in projects. Quality is not par having a good brand image.

Job security - Bad

+4 more

HR Executive Generalist in Mumbai

Full Time

Human Resources Department

4.0

• posted on 12 Dec 2023

2.0

for Salary and Benefits

Likes

I was on off roll. So less salary & No benefits . No work satisfaction because the work assigned to me was different from my profile no involvement in main activities . If you are getting recruited for Off roll . Think thrice before joining because you will feel bad by seeing the benefits and salary of On roll employees.

Job security - Good

+2 more

Dislikes

Mentioned above

Salary - Poor

+3 more

Trainee Production Engineer in Pune

Full Time

Media Production & Entertainment Department

3.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

Salary is on time to time .... Time is very flexible , staff is very friendly

Salary - Good

+1 more

Dislikes

Canteen and bus 🚌 both are not free means it was total paid ... working culture is highly pressurise and toxic ....... Shifts are rotational as per requirement as session to session

Skill development - Poor

+1 more

Senior Distribution Sales Executive in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

As a company is very good.but I am not a company person.I am in Bajaj in 4 years.I have so many target achieved.But company r not allow me by direct pay roll .I think I will perfect & I hope achieve the promotion as a pay roll of Bajaj Electricals.

Skill development - Good

+2 more

Dislikes

All DSO work in ground level but there salary is very poor.this is the very dislike matter of Bajaj Electricals.

Salary - Bad

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Bajaj Electricals?

Ask anonymously on communities.

Bajaj Electricals Manager new Product Development Salary FAQs

How the salary growth look like for a Manager new Product Development at Bajaj Electricals in India?

The salary growth for a Manager new Product Development at Bajaj Electricals depends on factors such as experience, performance, and promotions. On average, a Manager new Product Development can expect the following growth trajectory at Bajaj Electricals:

Experience	Average Salary Range
10 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
11 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
12 years	₹17.6 Lakhs to ₹22.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bajaj Electricals Salaries >
Bajaj Electricals Manager new Product Development Salaries

Bajaj Electricals Manager new Product Development salary in India ranges between ₹18 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Electricals latest salaries received from various employees of Bajaj Electricals.