Danfoss Industries Hardware Design Engineer Salaries by 5 Employees

7 - 9 years exp.

₹7.1 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% more than the average Hardware Design Engineer Salary in Industrial Machinery Companies for 7 - 9 years of experience

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Last Updated: 25 Apr 2024

Companies similar to Danfoss Industries for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
ABB Hardware Design Engineer Salary 1 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹5 L/yr 62% less
Cummins Hardware Design Engineer Salary 3 - 5 years exp. (3 salaries)	₹4 L/yr - ₹7.8 L/yr 41% less
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HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (272 salaries)	₹2 L/yr - ₹10.5 L/yr 41% less
VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (135 salaries)	₹3.2 L/yr - ₹8.5 L/yr 49% less
L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (80 salaries)	₹3.3 L/yr - ₹8.5 L/yr 43% less

Hardware Design Engineer salary at Danfoss Industries ranges between ₹7.1 Lakhs to ₹13 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Hardware Design Engineer salaries

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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9 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

Similar Designation salaries in Danfoss Industries

Senior Design Engineer Salary

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Lead Design Engineer Salary

(AmbitionBox Estimate)

₹44.7 L/yr - ₹57.2 L/yr

Product Design Engineer Salary

(4 salaries)

₹10 L/yr - ₹12 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Structural Design Engineer Salary

(AmbitionBox Estimate)

₹33.7 L/yr - ₹43 L/yr

Design Engineer Salary

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₹4.5 L/yr - ₹14.6 L/yr

Electrical Design Engineer Salary

(4 salaries)

₹4 L/yr - ₹7.8 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

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₹6 L/yr - ₹23.2 L/yr

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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 Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Danfoss Industries ?

The average salary of a Hardware Design Engineer at Danfoss Industries in India typically ranges from ₹7.1 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of Hardware Design Engineer at Danfoss Industries earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Hardware Design Engineer Salaries at Danfoss Industries can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Danfoss Industries employees in India.

What is the estimated take home salary of a Hardware Design Engineer at Danfoss Industries in India?

The estimated take-home salary of a Hardware Design Engineer at Danfoss Industries in India typically ranges from ₹74,809 to ₹76,744 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 7 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Danfoss Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Hardware Design Engineer in companies similar to Danfoss Industries in India?

The salary of a Hardware Design Engineer at companies similar to Danfoss Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HCLTech	₹2.0 Lakhs to ₹10.5 Lakhs per year
Cummins	₹4.0 Lakhs to ₹7.8 Lakhs per year
L&T Technology Services	₹3.3 Lakhs to ₹8.5 Lakhs per year
VVDN Technologies	₹3.2 Lakhs to ₹8.5 Lakhs per year
ABB	₹2.4 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
7 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
8 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
9 years	₹11.7 Lakhs to ₹15.0 Lakhs per year

and so on.

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Danfoss Industries Hardware Design Engineer Salaries

Danfoss Industries Hardware Design Engineer salary in India ranges between ₹7.1 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Danfoss Industries latest salaries received from various employees of Danfoss Industries.

Danfoss Industries Hardware Design Engineer salaries in India

Companies similar to Danfoss Industries for Hardware Design Engineer

Latest annual salaries shared by Danfoss Industries Hardware Design Engineer

Experience wise Danfoss Industries Hardware Design Engineer salaries

Similar Designation salaries in Danfoss Industries

Salary related reviews for Danfoss Industries

Production Team Leader in Chennai

Financial Accountant in Chennai

Engineer in Pune

Buyer in Chennai

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

Danfoss Industries Hardware Design Engineer Salary FAQs

Tell us how to improve this page.