Combined Engineering new Product Development Engineer Salaries by 2 Employees

3 - 4 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 22 Jan 2024

Companies similar to Combined Engineering for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 13% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 35% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 156% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 11% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 26% less

new Product Development Engineer salary at Combined Engineering ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Combined Engineering.

Similar Designation salaries in Combined Engineering

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(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Supervisor Salary

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₹2.4 L/yr - ₹3.36 L/yr

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₹2.4 L/yr - ₹3 L/yr

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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?

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Combined Engineering new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Combined Engineering in India?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Combined Engineering new Product Development Engineer Salaries

Combined Engineering new Product Development Engineer salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs. This is an estimate based on latest salaries received from employees of Combined Engineering.