Faurecia Senior Product Design Engineer Salaries by 8 Employees

10 - 16 years exp.

₹12 Lakhs - ₹17 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Product Design Engineer Salary in Auto Components Companies for 10 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Product Design Engineer Salary 10 - 13 years exp. (3 salaries)	₹13.2 L/yr - ₹16.3 L/yr
Product Management Senior Product Design Engineer Salary 14 - 16 years exp. (3 salaries)	₹15.2 L/yr - ₹17 L/yr
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Research & Development Senior Product Design Engineer Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹15.6 L/yr

Last Updated: 10 Dec 2023

Companies similar to Faurecia for Senior Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Nexteer Automotive Senior Product Design Engineer Salary 5 - 10 years exp. (5 salaries)	₹5.2 L/yr - ₹12.3 L/yr 45% less
Lear Corporation Senior Product Design Engineer Salary 7 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹15.6 L/yr 33% less
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ZF India Technology Center Senior Product Design Engineer Salary 3 - 9 years exp. (4 salaries)	₹5.4 L/yr - ₹10.1 L/yr 51% less
Valeo Senior Product Design Engineer Salary 5 - 9 years exp. (3 salaries)	₹9.8 L/yr - ₹13.5 L/yr 29% less
Mercedes-Benz Research and Development India Senior Product Design Engineer Salary 6 - 13 years exp. (321 salaries)	₹9.2 L/yr - ₹22 L/yr 16% more

Senior Product Design Engineer salary at Faurecia ranges between ₹12 Lakhs to ₹17 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Faurecia.

Experience wise Faurecia Senior Product Design Engineer salaries

Last Updated: 10 Dec 2023

Experience	Avg Annual Salary
10 years (3 salaries)	₹12 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
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12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
14 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
15+ years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr

View all

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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

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

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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 Product Design Engineer Salary FAQs

What is the salary of Senior Product Design Engineer at Faurecia ?

The average salary of a Senior Product Design Engineer at Faurecia in India typically ranges from ₹12.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Senior Product Design Engineer at Faurecia earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Product Design 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 8 Faurecia employees in India.

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

The estimated take-home salary of a Senior Product Design Engineer at Faurecia in India typically ranges from ₹1,06,336 to ₹1,09,263 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 10 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 8 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 Product Design Engineer in India?

Mercedes-Benz Research and Development India

₹9.2 Lakhs to ₹22.0 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 Product Design Engineer in companies similar to Faurecia in India?

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

Valeo	₹9.8 Lakhs to ₹13.5 Lakhs per year
Lear Corporation	₹7.2 Lakhs to ₹15.6 Lakhs per year
Nexteer Automotive	₹5.2 Lakhs to ₹12.3 Lakhs per year
ZF India Technology Center	₹5.4 Lakhs to ₹10.1 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 Product Design Engineer at Faurecia in India?

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

Experience	Average Salary Range
10 years	₹12.0 Lakhs to ₹15.0 Lakhs per year
11 years	₹13.4 Lakhs to ₹17.2 Lakhs per year
12 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
13 years	₹13.9 Lakhs to ₹17.8 Lakhs per year

and so on.

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Faurecia Senior Product Design Engineer Salaries

Faurecia Senior Product Design Engineer salary in India ranges between ₹12 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Faurecia latest salaries received from various employees of Faurecia.