G N Altech new Product Development Engineer Salaries by 7 Employees

2 - 6 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average new Product Development Engineer Salary for 2 - 6 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Quality Assurance new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr

Last Updated: 3 Apr 2024

Companies similar to G N Altech for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 6% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 13% less
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JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 2% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 34% less
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 25% more

new Product Development Engineer salary at G N Altech ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of G N Altech.

Experience wise G N Altech new Product Development Engineer salaries

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
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4 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.3 L/yr

Similar Designation salaries in G N Altech

Production Engineer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Design Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹4.4 L/yr

Production Supervisor Salary

(6 salaries)

₹1.8 L/yr - ₹2.5 L/yr

NPD Engineer Salary

(4 salaries)

₹3.02 L/yr - ₹3.25 L/yr

Quality Engineer Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Junior Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹6 L/yr

Salary related reviews for G N Altech

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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G N Altech new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at G N Altech ?

The average salary of a new Product Development Engineer at G N Altech in India typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of new Product Development Engineer at G N Altech earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. new Product Development Engineer Salaries at G N Altech 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 7 G N Altech employees in India.

What is the estimated take home salary of a new Product Development Engineer at G N Altech in India?

The estimated take-home salary of a new Product Development Engineer at G N Altech in India typically ranges from ₹28,040 to ₹29,433 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 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 7 salaries received from various employees of G N Altech. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than G N Altech for new Product Development Engineer in India?

Nash Industries	₹1.8 Lakhs to ₹6.0 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a new Product Development Engineer in companies similar to G N Altech in India?

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

JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 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 new Product Development Engineer at G N Altech in India?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.7 Lakhs per year

and so on.

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G N Altech new Product Development Engineer Salaries

G N Altech new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 G N Altech latest salaries received from various employees of G N Altech.