Elevatech Product Development Engineer Salaries by 2 Employees

2 - 3 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

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Last Updated: 12 Jul 2024

Companies similar to Elevatech for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
HCLTech Product Development Engineer Salary 1 - 7 years exp. (43 salaries)	₹2.6 L/yr - ₹6.6 L/yr 4% less
TCS Product Development Engineer Salary 1 - 9 years exp. (23 salaries)	₹4 L/yr - ₹10 L/yr 42% more
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DXC Technology Product Development Engineer Salary 4 - 7 years exp. (13 salaries)	₹5.1 L/yr - ₹10 L/yr 92% more
Tech Mahindra Product Development Engineer Salary 4 - 10 years exp. (6 salaries)	₹9.5 L/yr - ₹14 L/yr 126% more
Amazon Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹8.3 L/yr - ₹18 L/yr 153% more
IBM Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 135% more
Teleperformance Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹7.5 L/yr - ₹8 L/yr 69% more
Accenture Product Development Engineer Salary 0 - 2 years exp. (4 salaries)	₹4.5 L/yr - ₹16 L/yr 90% more
Capgemini Product Development Engineer Salary 4 - 7 years exp. (3 salaries)	₹11.5 L/yr - ₹15 L/yr 180% more

Product Development Engineer salary at Elevatech ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Elevatech.

Similar Designation salaries in Elevatech

Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Top skills at Elevatech for Product Development Engineer

C Microcontroller PCB Electronic Components Schematic B.E Electronics

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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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Elevatech Product Development Engineer Salary FAQs

How the salary growth look like for a Product Development Engineer at Elevatech in India?

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

Experience	Average Salary Range
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Elevatech Product Development Engineer Salaries

Elevatech Product Development Engineer salary in India ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Elevatech.