Faurecia Pune Product Development Engineer Salaries by 6 Employees

5 - 16 years exp.

₹8.2 Lakhs - ₹16.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% more than the average Product Development Engineer Salary in Auto Components Companies for 5 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Product Development Engineer Salary 11 - 13 years exp. (3 salaries)	₹8.1 L/yr - ₹13.7 L/yr
Production, Manufacturing & Engineering Product Development Engineer Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹16.5 L/yr
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Research & Development Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹16.3 L/yr

Last Updated: 3 Sep 2024

Companies similar to Faurecia for Product Development Engineer in Pune

Faurecia Product Development Engineer Salary

5 - 16 years exp. (6 salaries)

₹8.2 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Lear Corporation Product Development Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.5 L/yr - ₹6.4 L/yr 52% less
ARaymond Product Development Engineer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 79% less
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FIS Product Development Engineer Salary 2 - 6 years exp. (29 salaries)	₹5.5 L/yr - ₹10 L/yr 37% less
HNI Corporation Product Development Engineer Salary 1 - 10 years exp. (26 salaries)	₹4.5 L/yr - ₹8.7 L/yr 44% less
KSB Tech Product Development Engineer Salary 0 - 5 years exp. (20 salaries)	₹4 L/yr - ₹9.5 L/yr 46% less

Product Development Engineer salary at Faurecia ranges between ₹8.2 Lakhs to ₹16.5 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Faurecia.

Experience wise Faurecia Product Development Engineer salaries in Pune

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
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7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
12 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
14 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
15+ years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr

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Senior Design Engineer Salary

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₹4.2 L/yr - ₹13.2 L/yr

Production Engineer Salary

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₹1.6 L/yr - ₹6 L/yr

Development Engineer Salary

(10 salaries)

₹7 L/yr - ₹10.6 L/yr

Project Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4.9 L/yr

Product Engineer Salary

(5 salaries)

₹8 L/yr - ₹9.4 L/yr

Production Manager Salary

(3 salaries)

₹8.1 L/yr - ₹15.4 L/yr

Top skills at Faurecia for Product Development Engineer

CAD UG NX Product Design

Salary related reviews for Faurecia

Senior Engineer in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 18 Jun 2023

3.0

for Salary and Benefits

Likes

- healthy work culture - seniors and mentors willing to teach and support as needed - leaves are approved easily - good appraisals if performance has been good (depends on market)

Job security - Excellent

+2 more

Dislikes

- poor salary - some teams work outside of work hours depends on the manager and sometimes is unavoidable - not much exposure to testing and product

Senior Design Engineer in Pimpri-Chinchwad

Full Time

Research & Development Department

4.0

• posted on 08 Feb 2023

4.0

for Salary and Benefits

Likes

Company culture for is overall great. You will never feel working in an organisation it feels like family. It totally depends on your participation though. Work life balance is average i can say. You will get to know so many technical things thoroughly.

Salary - Good

+4 more

Dislikes

Salary increments are not well managed. You have to fight for it. Otherwise will be underpaid.

Junior Engineer in Chennai

Full Time

Quality Assurance Department

3.0

• posted on 17 Apr 2018

2.0

for Salary and Benefits

Likes

The company is very good technology , and well growth company , we are produced good quality products , we are sustain good name an customer

Job security - Good

+1 more

Dislikes

I have working past 3 years , I got overall experience around 6 years , but I getting very poor salary , then I am past three years within same department ,

Salary - Poor

+1 more

Production Engineer in Nsnded

Full Time

Loss Prevention officer Department

3.0

• posted on 24 Nov 2022

4.0

for Salary and Benefits

Likes

I have worked in faurecia I feel lucky to be myself to be their as a production engineer well management working security of job as much as good all working facility best in the comparison of another place.

Salary - Good

+6 more

Dislikes

No salary increment

Software Developer in Pimpri-Chinchwad

Engineering - Software & QA Department

3.0

• posted on 11 Apr 2022

3.0

for Salary and Benefits

Likes

There on time salary only, big oem customers.

Job security - Good

Dislikes

No Training for freshers, Lot of politics in management,They put GET directly infront of customers. Workload is too much, management people put their work on engineer also. Engineer is interacting with customer for project progress and doing development, Debugging everything a single engineer doing , SDLs don't take their responsibility

Skill development - Poor

+3 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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Faurecia Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Faurecia in Pune?

The average salary of a Product Development Engineer at Faurecia in Pune typically ranges from ₹8.2 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Product Development Engineer in Pune at Faurecia earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Product Development Engineer Salaries at Faurecia 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 6 Faurecia employees in India.

What is the estimated take home salary of a Product Development Engineer at Faurecia in Pune?

The estimated take-home salary of a Product Development Engineer at Faurecia in Pune typically ranges from ₹86,898 to ₹89,176 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 5 years to 16 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 6 salaries received from various employees of Faurecia. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Engineer at Faurecia in Pune?

To be a Product Development Engineer at Faurecia in Pune, the key skills required include:

- CAD
- UG NX
- Product Design

These skills are highly valued at Faurecia and are crucial for successful performance in a Software Engineering role.

What is the salary of a Product Development Engineer in companies similar to Faurecia in Pune?

The salary of a Product Development Engineer at companies similar to Faurecia in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FIS	₹5.5 Lakhs to ₹10.0 Lakhs per year
HNI Corporation	₹4.5 Lakhs to ₹8.7 Lakhs per year
KSB Tech	₹4.0 Lakhs to ₹9.5 Lakhs per year
Lear Corporation	₹5.5 Lakhs to ₹6.4 Lakhs per year
ARaymond	₹2.0 Lakhs to ₹2.8 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 Product Development Engineer at Faurecia in Pune?

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

Experience	Average Salary Range
5 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
6 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
7 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
8 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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Faurecia Product Development Engineer Salaries in Pune

Faurecia Product Development Engineer salary in Pune ranges between ₹8.2 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Faurecia latest salaries received from various employees of Faurecia.