Danfoss Industries Design and Product Development Engineer Salaries by Employees

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₹6.3 Lakhs - ₹8 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 25 Mar 2023

Companies similar to Danfoss Industries for Design and Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Mann And Hummel Filter Design and Product Development Engineer Salary 1 - 5 years exp. (5 salaries)	₹4.8 L/yr - ₹5.7 L/yr 30% less
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹8.9 L/yr 12% less
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TCS Design and Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 23% less
Mercedes-Benz Research and Development India Design and Product Development Engineer Salary 3 - 9 years exp. (9 salaries)	₹8.5 L/yr - ₹12.4 L/yr 42% more
MRF Tyres Design and Product Development Engineer Salary 1 - 2 years exp. (8 salaries)	₹5 L/yr - ₹7.8 L/yr 13% less

Design and Product Development Engineer salary at Danfoss Industries ranges between ₹6.3 Lakhs to ₹8 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Danfoss Industries.

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Salary related reviews for Danfoss Industries

Production Team Leader in Chennai

Full Time

Other Department

4.0

• posted on 24 Nov 2024

3.0

for Salary and Benefits

Likes

"I'm grateful to be a part of Danfoss Industries, where innovation meets sustainability. What I appreciate most about working here is:

Skill development - Excellent

+4 more

Dislikes

...at Danfoss Industries, as it has provided me with valuable skills and knowledge. However, I do have one concern that I'd like to share: Despite my significant work experience and contributions to the company, I feel that my salary is below market average. I believe that my hard work and dedication warrant a salary that reflects my value to the organization.

Financial Accountant in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 13 May 2024

3.0

for Salary and Benefits

Likes

... overall culture of the company is good. There are decent opportunities to grow. Pay is at par though they are not the leaders.

Skill development - Good

+2 more

Dislikes

The Finance leadership is unaware of the weakness in Company’s systems, processes and controls. Consequently, there is wide gap between expectation and reality.

Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Sep 2024

3.0

for Salary and Benefits

Likes

You will get Rs 5000 as gift per year Good work quality ,good office & infra , canteen,

Work satisfaction - Good

Dislikes

Company will not pay your variable pay STI (Bonus) - 0% payout Company doesnt pay your CTC complete Low Job Security Always making drastic changes in strategy and laying off people Top Management doesn't know how to run a $10B company

Job security - Bad

Buyer in Chennai

Full Time

Procurement & Supply Chain Department

4.0

• posted on 16 Aug 2021

4.0

for Salary and Benefits

Likes

Good work and very much of support our team and we are initiate and providing self growth for each person environment and culture is very good and more training will be providing for growing our self

Salary - Good

+5 more

Dislikes

They're are not providing salary based ok our work

Work-life balance - Poor

Deputy Manager (SCM- Purchase & Vendor Management) in Vadodara

Full Time

Procurement & Supply Chain Department

1.0

• posted on 26 Feb 2024

1.0

for Salary and Benefits

Likes

Good Market Portfolio Trainings & devlopement

Dislikes

Poor Management & working culture No transparency for job profile & salary Very Limited Scope of Improvement Good Brand name but worse like road side company

Salary - Bad

+5 more

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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?

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Danfoss Industries Design and Product Development Engineer Salary FAQs

How the salary growth look like for a Design and Product Development Engineer at Danfoss Industries in India?

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

Experience	Average Salary Range
7 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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Danfoss Industries Design and Product Development Engineer Salaries

Danfoss Industries Design and Product Development Engineer salary in India ranges between ₹6.3 Lakhs to ₹8 Lakhs. This is an estimate based on latest salaries received from employees of Danfoss Industries.