Forecad Technologies Pune Design Engineer Salaries by 4 Employees

1 - 4 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Design Engineer Salary for 1 - 4 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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UX, Design & Architecture Design Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 14 Nov 2023

Companies similar to Forecad Technologies for Design Engineer in Pune

Forecad Technologies Design Engineer Salary

1 - 4 years exp. (4 salaries)

₹2.4 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Nagarro Design Engineer Salary 1 - 5 years exp. (6 salaries)	₹4 L/yr - ₹6.1 L/yr 66% more
Bosch Global Software Technologies Design Engineer Salary 3 - 6 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 199% more
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Cognizant Design Engineer Salary 3 - 6 years exp. (4 salaries)	₹5.5 L/yr - ₹8.8 L/yr 196% more
Tata Technologies Design Engineer Salary 1 - 9 years exp. (1.6k salaries)	₹3 L/yr - ₹10.2 L/yr 165% more	3 job openings
Tech Mahindra Design Engineer Salary 0 - 10 years exp. (481 salaries)	₹2.8 L/yr - ₹9.2 L/yr 121% more	1 job opening

Design Engineer salary at Forecad Technologies ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Forecad Technologies.

Experience wise Forecad Technologies Design Engineer salaries in Pune

Last Updated: 14 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

Similar Designation salaries in Forecad Technologies

Senior Design Engineer Salary

(4 salaries)

₹3 L/yr - ₹7.5 L/yr

Salary related reviews for Forecad Technologies

1.9

Rated by 2 employees for salary & benefits

Design Engineer in Pimpri-Chinchwad

Full Time

Research & Development Department

3.0

• posted on 09 Mar 2023

2.0

for Salary and Benefits

Likes

Job Security is good.Nice working with shop floor people.Onsite opportunities given whenever available.Company deals in BIW Welding and Machining Fixtures.

Job security - Excellent

+2 more

Dislikes

Salary is low for freshers.No promotions or timely salary hikes.Work life balance is average (high work at times and no work at all at some times) but salary will be given even if no work is ongoing which is a plus.

Salary - Poor

+3 more

Mechanical Engg. Design in MIDC Pimpri

Full Time

Research & Development Department

1.0

• posted on 23 Sep 2021

1.0

for Salary and Benefits

Likes

...r everyone.No proper increments and work hours are as high as 12-13 hours a day. Salary is so low that even daily expenses are not covered in it.So,I would personally say please do stay away from this company as possible.

Dislikes

As mentioned above.

Salary - Bad

+6 more

Design Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 19 Mar 2024

1.0

for Salary and Benefits

Likes

1 management person is supportive nature, but another not.

Dislikes

Lengthy work hours sometimes more than 13-14 hours.. Confused senior. Repeatedly work. Not proper documents provided after joining. No salery slip provides every month.

Salary - Bad

+6 more

Design Engineer in Pune

Design & Development Department

1.0

• posted on 24 Jun 2020

3.0

for Salary and Benefits

Likes

Worst experience in my career. After 80days i left cz they not provide joining letter not salery slip. Not timing for leaving

Dislikes

Worst don't join this organization , no one will work longer than 6 month history of company

Skill development - Bad

+5 more

Designer in Pune

Design Department

4.0

• posted on 24 Mar 2022

3.0

for Salary and Benefits

Likes

This company gives platform for freshers to enter in to Design field which otherwise very difficult in other companies

Skill development - Good

+5 more

Dislikes

This company is for only serious candidates who want to make their carrier in Design Deptt. This company is not for those who like to switch companies/field just for 1000/2000 ruppes

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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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Forecad Technologies Design Engineer Salary FAQs

What is the salary of Design Engineer at Forecad Technologies in Pune?

The average salary of a Design Engineer at Forecad Technologies in Pune typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design Engineer in Pune at Forecad Technologies earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design Engineer Salaries at Forecad Technologies 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 Forecad Technologies employees in India.

What is the estimated take home salary of a Design Engineer at Forecad Technologies in Pune?

The estimated take-home salary of a Design Engineer at Forecad Technologies in Pune typically ranges from ₹18,026 to ₹19,719 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year 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 Forecad Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Forecad Technologies for Design Engineer in India?

Bosch Global Software Technologies	₹7.0 Lakhs to ₹9.0 Lakhs per year
Cognizant	₹5.5 Lakhs to ₹8.8 Lakhs per year
Tata Technologies	₹3.0 Lakhs to ₹10.2 Lakhs per year
Tech Mahindra	₹2.8 Lakhs to ₹9.2 Lakhs per year
Nagarro	₹4.0 Lakhs to ₹6.1 Lakhs per year

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

How the salary growth look like for a Design Engineer at Forecad Technologies in Pune?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Forecad Technologies Design Engineer Salaries in Pune

Forecad Technologies Design Engineer salary in Pune ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Forecad Technologies latest salaries received from various employees of Forecad Technologies.