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Work culture is good. appraisals are fair and they give good salary hike and bonus every year.
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Annual salary range
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₹2.2
Lakhs - ₹2.8
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Companies similar to Caliber tools for new Product Development Engineer in Chennai
Caliber tools
new Product Development Engineer Salary
2 years exp. (AmbitionBox Estimate) |  ₹2.2 L/yr - ₹2.8 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Caparo Engineering India new Product Development Engineer Salary
1 - 5 years exp. (6 salaries) |  ₹1.6 L/yr - ₹3.2 L/yr 
17%
less | |
 Lucas-TVS new Product Development Engineer Salary
0 - 21 years exp. (25 salaries) | ₹2.2 L/yr - ₹8.5 L/yr 
150%
more | |
Login to view exact salary
| ||
 Avalon Technologies new Product Development Engineer Salary
1 - 7 years exp. (22 salaries) | ₹2.8 L/yr - ₹6.3 L/yr
70%
more | |
 Motherson Automotive Technologies and Engineering new Product Development Engineer Salary
2 - 8 years exp. (16 salaries) | ₹2.9 L/yr - ₹7.5 L/yr
104%
more | |
 Foxconn new Product Development Engineer Salary
2 - 10 years exp. (10 salaries) | ₹1.7 L/yr - ₹8 L/yr
91%
more | |
new Product Development Engineer salary at Caliber tools ranges between ₹2.2
Lakhs
to ₹2.8
Lakhs
per year for employees with 2 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Caliber tools.
Similar Designation salaries in Caliber tools
Salary related reviews for Caliber tools
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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- Caliber tools new Product Development Engineer Salaries in Chennai
Caliber tools new Product Development Engineer salary in Chennai ranges between ₹2.2 Lakhs to ₹2.8 Lakhs. This is an estimate based on latest salaries received from employees of Caliber tools.