Elofic Industries Design & Development Engineer Salaries by 4 Employees

0 - 4 years exp.

₹3 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Design & Development Engineer Salary in Auto Components Companies for 0 - 4 years of experience

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Last Updated: 30 Dec 2024

Companies similar to Elofic Industries for Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
Furukawa Minda Electric Design & Development Engineer Salary 2 - 6 years exp. (7 salaries)	₹3 L/yr - ₹3.5 L/yr 1% less
Meneta Automotive Components Design & Development Engineer Salary 3 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹4.5 L/yr 21% more
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Belmaks Design & Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4.2 L/yr 11% less
Alf Engineering Design & Development Engineer Salary 4 - 18 years exp. (3 salaries)	₹3.7 L/yr - ₹7.2 L/yr 57% more
Siemens Healthineers Design & Development Engineer Salary 2 - 7 years exp. (106 salaries)	₹8 L/yr - ₹20.3 L/yr 410% more

Design & Development Engineer salary at Elofic Industries ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Elofic Industries.

Experience wise Elofic Industries Design & Development Engineer salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Elofic Industries

R&D Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Deputy Manager Research Development Salary

(4 salaries)

₹10.2 L/yr - ₹11.3 L/yr

Assistant Manager Product Development Salary

(3 salaries)

₹4.6 L/yr - ₹5.2 L/yr

new Product Development Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Senior Design Engineer Salary

(3 salaries)

₹4.3 L/yr - ₹5 L/yr

Design and Product Development Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

new Product Development Sr. Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Deputy Manager Product Development Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

CFD Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Process Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Salary related reviews for Elofic Industries

Maintenance Fitter in Mathura Road Faridabad

Other Department

2.0

• posted on 19 Jul 2022

2.0

for Salary and Benefits

Likes

...ny. Pollution rate so many high in working place ( specialy in department 1#2) .domineering management, HR team are not well educated that's shows on there behaviour, bad salary growth etc .

Dislikes

...epartment 1-2) 2. Domineering management 3. Uneducated behaviour of HR Team 4 . Future unsecure bcoz of very low salary growth 5. No post growth in last 7 years

Salary - Poor

+6 more

Area Sales Manager in Faridabad

Sales & Marketing Department

5.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Skill development Auto components Business Trends Product quality is Very good.

Skill development - Good

Dislikes

No support from Management No carrier growth Salary not expected No proper Traing session Is available for New Joinners.

Salary - Poor

+4 more

Quality Assurance Engineer in Faridabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 13 Apr 2024

4.0

for Salary and Benefits

Likes

Every activity happen in the plant is very smooth and easily operation were held no work pressure salary is on time. Everything is balanced in life while working with Elofic

Salary - Good

+4 more

Dislikes

No training provided to staff which is very dangerous for company as well as employe for their growth also there is great need to support such employe who is very hungry to learn and very energetic if support that is financial as well as learning is provided to them than that will be very growth full for individual that is for employe as well as employer.

Skill development - Poor

Assistant Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 12 May 2024

3.0

for Salary and Benefits

Likes

Good scope for lubricator. And hard worker are not consider as good

Skill development - Good

+1 more

Dislikes

If your relation with the owner of company is good, and you are doing any work on owner's house ( known as Kothi) such as electrician, plumber, fabricator or CCTV. So you are the most power full person in the company. Your level will be equal to AM/DM level.

Company culture - Poor

Assistant Manager - Legal in Faridabad

Full Time

Legal & Regulatory Department

5.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

It's all good if u want to learn and increase ur skills then u can definately. Everyone is supportive. Specially MD, JMD and ED Sir is very down to earth personality. Moreover All VPs are also very cooperative.

Salary - Good

+6 more

Dislikes

Nothing to dislike all good.

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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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Elofic Industries Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Elofic Industries ?

The average salary of a Design & Development Engineer at Elofic Industries in India typically ranges from ₹3.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Design & Development Engineer at Elofic Industries earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Design & Development Engineer Salaries at Elofic 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 4 Elofic Industries employees in India.

What is the estimated take home salary of a Design & Development Engineer at Elofic Industries in India?

The estimated take-home salary of a Design & Development Engineer at Elofic Industries in India typically ranges from ₹23,185 to ₹24,651 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of Elofic Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Elofic Industries for Design & Development Engineer in India?

Siemens Healthineers	₹8.0 Lakhs to ₹20.3 Lakhs per year
Alf Engineering	₹3.7 Lakhs to ₹7.2 Lakhs per year
Meneta Automotive Components	₹3.8 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Elofic Industries, depending on the role and experience level.

What is the salary of a Design & Development Engineer in companies similar to Elofic Industries in India?

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

Furukawa Minda Electric	₹3.0 Lakhs to ₹3.5 Lakhs per year
Belmaks	₹2.3 Lakhs to ₹4.2 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 Design & Development Engineer at Elofic Industries in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Elofic Industries Design & Development Engineer Salaries

Elofic Industries Design & Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Elofic Industries latest salaries received from various employees of Elofic Industries.