Faurecia Senior Design & Development Engineer Salaries by 5 Employees

4 - 9 years exp.

₹6.5 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Senior Design & Development Engineer Salary in Auto Components Companies for 4 - 9 years of experience

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Last Updated: 29 Apr 2023

Companies similar to Faurecia for Senior Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
JTEKT Senior Design & Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹7.3 L/yr 44% less
Valeo Senior Design & Development Engineer Salary 5 - 10 years exp. (4 salaries)	₹8.2 L/yr - ₹12.5 L/yr 6% more
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Siemens Healthineers Senior Design & Development Engineer Salary 2 - 8 years exp. (37 salaries)	₹16 L/yr - ₹23 L/yr 112% more
Siemens Healthcare Senior Design & Development Engineer Salary 6 - 10 years exp. (9 salaries)	₹11.1 L/yr - ₹23.1 L/yr 112% more
Tata Technologies Senior Design & Development Engineer Salary 5 - 10 years exp. (9 salaries)	₹7.2 L/yr - ₹11.5 L/yr 19% less

Senior Design & Development Engineer salary at Faurecia ranges between ₹6.5 Lakhs to ₹13 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Faurecia.

Experience wise Faurecia Senior Design & Development Engineer salaries

Last Updated: 29 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
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6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
9 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

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Salary related reviews for Faurecia

1.0

Rated by 1 employees for salary & benefits

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.

Product Design Engineer in Bhosari MIDC (pimpri Chinchwad)

Full Time

Research & Development Department

4.0

• posted on 03 May 2022

3.0

for Salary and Benefits

Likes

Faurecia has diverse portfolio of projects and technologies. Faurecia works with all American and European customers. Provides best in industry health benefits. Faurecia has very good collegues and experts in all departments and technologies. Faurecia has groomed many GETs from scratch who has grown to become successful in their endeavours including their current director of tech center.

Skill development - Excellent

+3 more

Dislikes

Compensation is not comparative to industry standards. HR Department can be sometimes disappointing. Had a bad experience when I left the Faurecia.

Work-life balance - Poor

Product Design Engineer in Pune

Research & Development Department

4.0

• posted on 02 Jul 2022

1.0

for Salary and Benefits

Likes

Opportunities, work satisfaction, working with like minded people, supportive teams, on-site opportunities with bad lock-in period

Job security - Good

+1 more

Dislikes

Compensation is terrible when compared to market standard, on-site bond, lengthy hierarchy

Salary - Bad

+2 more

Design Engineer in Pune

Research & Development Department

1.0

• posted on 21 Dec 2021

2.0

for Salary and Benefits

Likes

Teammates are supportive. There is cafeteria and games for chilling. Job Security is good.

Dislikes

...r. You have to work 12-15 hrs minimum otherwise they will doubt on efficiency. There is no extra pay for extra work. No travelling opportunity for people.this opportunity is only for their favourite people. Canteen food is horrible. they compulsory cut the money for canteen if you want to eat it or not. Works were going smoothly in covid as they started WFH but in covid they started office because of them so many people were infected.

Salary - Poor

+5 more

Senior Design Engineer in Pune

Research & Development Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...m GET), Management is strong. It is pioneer in its segment of interior business. It gives good salary hike compared to its peers.

Salary - Excellent

+5 more

Dislikes

There is bond 2x to the time period of your onsite. Canteen food can be much better 🙂

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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 Senior Design & Development Engineer Salary FAQs

What is the salary of Senior Design & Development Engineer at Faurecia ?

The average salary of a Senior Design & Development Engineer at Faurecia in India typically ranges from ₹6.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Senior Design & Development Engineer at Faurecia earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Senior Design & 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 5 Faurecia employees in India.

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

The estimated take-home salary of a Senior Design & Development Engineer at Faurecia in India typically ranges from ₹70,374 to ₹72,184 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 4 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 Faurecia. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Faurecia for Senior Design & Development Engineer in India?

Siemens Healthcare	₹11.1 Lakhs to ₹23.1 Lakhs per year
Siemens Healthineers	₹16.0 Lakhs to ₹23.0 Lakhs per year
Valeo	₹8.2 Lakhs to ₹12.5 Lakhs per year

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

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

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

Tata Technologies	₹7.2 Lakhs to ₹11.5 Lakhs per year
JTEKT	₹4.5 Lakhs to ₹7.3 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 Senior Design & Development Engineer at Faurecia in India?

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

Experience	Average Salary Range
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
5 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
6 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
7 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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Faurecia Senior Design & Development Engineer Salaries

Faurecia Senior Design & Development Engineer salary in India ranges between ₹6.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Faurecia latest salaries received from various employees of Faurecia.