GE Vernova Component Design Engineer Salaries by 5 Employees

3 - 12 years exp.

₹10.4 Lakhs - ₹13 Lakhs

Salary of majority employees

20% less than the average Component Design Engineer Salary in Power Companies for 3 - 12 years of experience

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Last Updated: 3 Jan 2024

Companies similar to GE Vernova for Component Design Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Energy Component Design Engineer Salary 2 - 8 years exp. (27 salaries)	₹4 L/yr - ₹10 L/yr 29% less	1 job opening
Intel Component Design Engineer Salary 2 - 10 years exp. (62 salaries)	₹12 L/yr - ₹39 L/yr 108% more
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Quest Global Component Design Engineer Salary 2 - 9 years exp. (11 salaries)	₹4 L/yr - ₹8 L/yr 51% less
Virtusa Consulting Services Component Design Engineer Salary 3 - 8 years exp. (10 salaries)	₹7 L/yr - ₹20.5 L/yr 5% more
Siemens Component Design Engineer Salary 2 - 5 years exp. (10 salaries)	₹4.3 L/yr - ₹7.4 L/yr 44% less

Component Design Engineer salary at GE Vernova ranges between ₹10.4 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of GE Vernova.

Experience wise GE Vernova Component Design Engineer salaries

Last Updated: 3 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
4 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
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5 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
6 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
7 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.4 L/yr
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr

View all

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Salary related reviews for GE Vernova

4.5

Rated by 2 employees for salary & benefits

Civil Engineer in Noida

Full Time

Construction & Site Engineering Department

2.0

• posted on 25 Nov 2021

2.0

for Salary and Benefits

Likes

...rt term contract.So job security is poor,work culture & management is also poor. No other facilities except Salary . so policies is also poor.

Dislikes

The most terrible company managed by Indian People.

Salary - Poor

+5 more

Design Engineer in Noida

Full Time

Construction & Site Engineering Department

1.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Package is good and the lunch is subsidized.

Salary - Good

Dislikes

Work life balance is less than zero, job security is extremely negative, career growth is not that much if you dont oil your manager, company culture is terrible, everybody will point fingure at you in the board meetings and managerment makes sure that those who do not oil managers are systematically demotivated and periodically devastated so that their output gets decreased and they can be sacked with no explanation whatsoever.

Job security - Bad

+4 more

Lead Engineer in Noida

Engineering - Software & QA Department

1.0

• posted on 01 Oct 2020

3.0

for Salary and Benefits

Likes

Nothing except on time salary.

Dislikes

GE Power, Noida Steam Division is not an American MNC. The Steam Power buisness is totally managed by Indians and in a very haphazard manner. This place is not right for a Structural Engineer. Only managers can survive here.

Skill development - Bad

+5 more

Senior Supplier Quality Engineer in Noida

Full Time

Supplier Quality Department

4.0

• posted on 07 Jul 2022

4.0

for Salary and Benefits

Likes

Flexible timings, degree of autonomy at work.

Salary - Good

+5 more

Dislikes

Pay disparity. People who started their career with the company and have stayed for a long time earn significantly less than lateral hires with similar experience.

Control System Engineering Manager in Vadodara

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 19 Aug 2023

5.0

for Salary and Benefits

Likes

...bility on business directions and is pioneering the energy transition very well. Well calculated spin off and business realignments are expected to pay off well.

Salary - Excellent

+6 more

Dislikes

Inability to manage and maintain product portfolio. Too many changes and uncertainties in product roadmap and product evolution, leading to skill erosion and upskilling issues. Divide in managing disparities between core and non-core skills and performances leading to stagnation in growth of mid senior level teams.

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GE Vernova Component Design Engineer Salary FAQs

What is the salary of Component Design Engineer at GE Vernova ?

The average salary of a Component Design Engineer at GE Vernova in India typically ranges from ₹10.4 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Component Design Engineer at GE Vernova earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Component Design Engineer Salaries at GE Vernova 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 GE Vernova employees in India.

What is the estimated take home salary of a Component Design Engineer at GE Vernova in India?

The estimated take-home salary of a Component Design Engineer at GE Vernova in India typically ranges from ₹81,978 to ₹84,117 per month. This is based on the average salary range of ₹10.4 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 GE Vernova. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than GE Vernova for Component Design Engineer in India?

Intel	₹12.0 Lakhs to ₹39.0 Lakhs per year
Virtusa Consulting Services	₹7.0 Lakhs to ₹20.5 Lakhs per year

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

What is the salary of a Component Design Engineer in companies similar to GE Vernova in India?

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

Siemens Energy	₹4.0 Lakhs to ₹10.0 Lakhs per year
Siemens	₹4.3 Lakhs to ₹7.4 Lakhs per year
Quest Global	₹4.0 Lakhs to ₹8.0 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 Component Design Engineer at GE Vernova in India?

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

Experience	Average Salary Range
3 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
4 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
5 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
6 years	₹10.7 Lakhs to ₹13.6 Lakhs per year

and so on.

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GE Vernova Component Design Engineer Salaries

GE Vernova Component Design Engineer salary in India ranges between ₹10.4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 GE Vernova latest salaries received from various employees of GE Vernova.