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FIS Product Development Engineer salaries in Pune

Annual salary range
2 - 6 years exp.
₹5.5 Lakhs - ₹10 Lakhs
Salary of majority employees
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At par with the average Product Development Engineer Salary in IT Services & Consulting Companies for 2 - 6 years of experience

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Last Updated: 2 Aug 2023

Companies similar to FIS for Product Development Engineer in Pune

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FIS Product Development Engineer Salary

2 - 6 years exp. (29 salaries)

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₹5.5 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Product Development Engineer Salary

3 - 8 years exp. (10 salaries)

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₹4.6 L/yr - ₹10 L/yr

arrow icon 11% less
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₹4.5 L/yr - ₹8.7 L/yr

arrow icon 12% less
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KSB Tech Product Development Engineer Salary

0 - 6 years exp. (20 salaries)

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₹4 L/yr - ₹9.5 L/yr

arrow icon 14% less
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₹6.8 L/yr - ₹9.7 L/yr

arrow icon 12% more
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₹7 L/yr - ₹11.1 L/yr

arrow icon 17% more
Product Development Engineer salary at FIS ranges between ₹5.5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 29 latest salaries received from various employees of FIS.

Latest annual salaries shared by FIS Product Development Engineer in Pune

1y ago
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3 years exp.
1y ago
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4 years exp.

Experience wise FIS Product Development Engineer salaries in Pune

Last Updated: 2 Aug 2023

Experience Avg Annual Salary
2 years  (4 salaries)

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₹5.5 L/yr - ₹7.8 L/yr
3 years  (8 salaries)

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₹6 L/yr - ₹8.2 L/yr
4 years  (11 salaries)

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₹6.6 L/yr - ₹10 L/yr
5 years  (5 salaries)

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₹7.1 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹14.8 L/yr

Similar Designation salaries in FIS

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₹7.94 L/yr - ₹30 L/yr
Software Engineer Salary
(407 salaries)
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₹4.48 L/yr - ₹15.55 L/yr
Senior Engineer Salary
(149 salaries)
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₹6.53 L/yr - ₹19.05 L/yr
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₹5.2 L/yr - ₹9 L/yr
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₹4.5 L/yr - ₹8 L/yr

Salary related reviews for FIS

3.2

Rated by 6 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 16 Nov 2023

1.0
 for  Salary and Benefits

Likes

You get to work on the technology yoy are hired fot

Dislikes

... custom frameworks making migration difficult Politics by employees and mangers HR lied about the package details the performnace bonu is optional amd comes after three months once you resign you may not get it so think carefully about reigning. 90 days notice period.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 25 Jul 2024

1.0
 for  Salary and Benefits

Likes

If I get proper salary package then I will like.

  • Work satisfaction - Good
  • +2 more

Dislikes

1.Based on market am getting the salary package properly, I raised this concern so many times to my superiors, but there is no use in it.. 2.Intially fis said that we have perminant WFH and they were dropped an email too, but now superiors pushing to WFO. For me, it's to difficult to come. I will be happy if someone consider these points and take the action.

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 17 Jun 2024

4.0
 for  Salary and Benefits

Likes

The flexibility you get in work. Variable pay would be almost 90 to 100 percent every time

read more
  • Salary - Good
  • +5 more

Dislikes

Some time WLB go into toss. Again depends on the project. Generally its like any other product based companies strictly following process

read more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 14 Jul 2023

2.0
 for  Salary and Benefits

Likes

They doesn't cut QIP. Insurance policy is good. Good work life balance

Dislikes

Salary hike. Lot of politics for appraisal. Managers doesn't care about employee. When any issue occurs or release failure, the blaming comes to employee or team. If it successful, then the higher management takes credit.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Mar 2023

2.0
 for  Salary and Benefits

Likes

Work from home was provided.

Dislikes

...under them. when I was serving notice period the manager assigned me a POC task. At the time of performance bonus discussion, for which I was eligible, he did not give me any bonus saying that I did not complete the implementation. This was unfair as it was not possible to implement in one month's time which he was aware of. Later, more than 5-6 month's time was given by him and the TL as part of the implementation plan. I was very disappointed as I had 3 job offers but I chose FIS as it was considered employee friendly company. I will never forget this experience.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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FIS Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at FIS in Pune?
The average salary of a Product Development Engineer at FIS in Pune typically ranges from ₹5.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Product Development Engineer in Pune at FIS earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Product Development Engineer Salaries at FIS 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 20+ FIS employees in India.
What is the estimated take home salary of a Product Development Engineer at FIS in Pune?
The estimated take-home salary of a Product Development Engineer at FIS in Pune typically ranges from ₹56,985 to ₹58,416 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 20+ salaries received from various employees of FIS. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than FIS for Product Development Engineer in India?
Hyster-Yale Group ₹7.0 Lakhs to ₹11.1 Lakhs per year
Hyster-yale Lift Trucks India ₹6.8 Lakhs to ₹9.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by FIS, depending on the role and experience level.
What is the salary of a Product Development Engineer in companies similar to FIS in Pune?
The salary of a Product Development Engineer at companies similar to FIS in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS ₹4.6 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

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 FIS in Pune?
The salary growth for a Product Development Engineer at FIS 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 FIS:

Experience Average Salary Range
2 years ₹5.5 Lakhs to ₹7.8 Lakhs per year
3 years ₹6.0 Lakhs to ₹8.2 Lakhs per year
4 years ₹6.6 Lakhs to ₹10.0 Lakhs per year
5 years ₹7.1 Lakhs to ₹10.0 Lakhs per year
and so on.

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FIS Product Development Engineer salary in Pune ranges between ₹5.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 FIS latest salaries received from various employees of FIS.