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Goldmedal Electricals

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3.7

based on 165 Reviews

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Goldmedal Electricals Product Design Engineer salaries in India

Annual salary range
1 - 6 years exp.
₹3 Lakhs - ₹5.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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43% less than the average Product Design Engineer Salary in Electrical Equipment Companies for 1 - 6 years of experience

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Salaries in different departments

Research & Development
Product Design Engineer Salary
1 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹5 L/yr

Quality Assurance
Product Design Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 10 Sep 2024

Companies similar to Goldmedal Electricals for Product Design Engineer

Company name Avg Annual Salary Open Jobs
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Panasonic Life Solutions India Product Design Engineer Salary

1 - 3 years exp. (9 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

arrow icon 8% less
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Havells Product Design Engineer Salary

2 - 5 years exp. (8 salaries)
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₹5 L/yr - ₹8 L/yr

arrow icon 35% more
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Legrand Product Design Engineer Salary

1 - 4 years exp. (3 salaries)
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₹2 L/yr - ₹4.8 L/yr

arrow icon 11% less
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Schneider Electric Product Design Engineer Salary

1 - 6 years exp. (11 salaries)
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₹2.5 L/yr - ₹9.5 L/yr

arrow icon 47% more
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Siemens Product Design Engineer Salary

3 - 8 years exp. (4 salaries)
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₹8.9 L/yr - ₹13 L/yr

arrow icon 157% more
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Salzer Electronics Product Design Engineer Salary

1 - 6 years exp. (7 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 40% less
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Amphenol Interconnect Product Design Engineer Salary

0 - 5 years exp. (4 salaries)
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₹1.2 L/yr - ₹7.8 L/yr

arrow icon 11% more
Product Design Engineer salary at Goldmedal Electricals ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Goldmedal Electricals.

Latest annual salaries shared by Goldmedal Electricals Product Design Engineer

3mo ago
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6 years exp.
9mo ago
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2 years exp.
1y ago
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3 years exp.
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1 year exp.

Experience wise Goldmedal Electricals Product Design Engineer salaries

Last Updated: 10 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.6 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr
View all

Similar Designation salaries in Goldmedal Electricals

Design Engineer Salary
(4 salaries)
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₹5 L/yr - ₹5.45 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr
Electrical Engineer Salary
(3 salaries)
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₹5.7 L/yr - ₹7 L/yr
Civil Site Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹7.6 L/yr - ₹9.7 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr

Salary related reviews for Goldmedal Electricals

4.0

Rated by 1 employees for salary & benefits

Senior Accounts Executive in Vasai-Virar

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 21 Mar 2024
1.0
 for  Salary and Benefits

Likes

Women are not safe in all vasai depo hod harrasement and demanding, any girl or women please don't join in account department hod is very bad treated and Black mailer I have 6 years experience in this company.

read more

Dislikes

Hr is not supported 12 hrs duty to all men staff and every one faced many problems salary and others benefit for only chatu employe only.

read more

Territory Sales Manager in Chandigarh

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 17 Jun 2024
2.0
 for  Salary and Benefits

Likes

Salary before 7th

Dislikes

Lala ji company style...one has to keep lala ji happy more to stay in the system....lala ji hear about you from multiple people and will do what your area manager says .9.30am to 7.30pm 6days working.

read more

Back End Executive in Vijayawada

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 May 2023
4.0
 for  Salary and Benefits

Likes

Goldmedal Electricals at Vijayawada, AP divisional office, working here is superb, i have learned lots of things and fellowship persons and Senior persons are super supportive. Handling the Credit note issue and returns and replacements of goods management. Every things is good here

read more

Dislikes

Starting salary for Highly educated persons and experience persons from other companies no hike at all, in some circumstances they are telling if you do not have goldmedal Electricals relevant experience you can not expect a starting hike as a experience holder. But they hike your salary very good manner every years do not need to switch.

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Accountant in Cuttack

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 14 Sep 2023
1.0
 for  Salary and Benefits

Likes

nothing to be like work sector is like a pan shop

Dislikes

they are is in initial level nothing they know about corporate ,no work life balance,no good salary,management has no power,the agents of branches are the head and owners they have all rights ,recruitment and fired the employees like the employees and nuts for them 👎

read more

Back End Executive in Vijayawada

Finance & Accounting Department

5.0
  •  posted on 10 Nov 2022
3.0
 for  Salary and Benefits

Likes

It's is Superb. Just you have to start from start because you do not have any knowledge about this Company. once you get through, you can achieve a good heights as on sales and marketing field.

read more

Dislikes

A little bit not tuff for starting salary but after experiencing it pay good in comparison to other players in market.

read more
see more salary related reviews

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a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Goldmedal Electricals Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at Goldmedal Electricals?
Product Design Engineer salary at Goldmedal Electricals in India ranges between ₹3.0 Lakhs to ₹5.4 Lakhs for experience between 1 years to 6 years. According to our estimates it is 43% less than the average Product Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Goldmedal Electricals India.
How does the salary of a Product Design Engineer at Goldmedal Electricals India compare with the average salary range for this job?
The average salary of a Product Design Engineer at Goldmedal Electricals is 43% less than the average salary of a Product Design Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Goldmedal Electricals to a Product Design Engineer in India?
  • Siemens Product Design Engineer Salary - ₹8.9 Lakhs to ₹13.0 Lakhs per year
  • Schneider Electric Product Design Engineer Salary - ₹2.5 Lakhs to ₹9.5 Lakhs per year
  • Havells Product Design Engineer Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • Amphenol Interconnect Product Design Engineer Salary - ₹1.2 Lakhs to ₹7.8 Lakhs per year
What is the salary of a Product Design Engineer in companies similar to Goldmedal Electricals in India?
  • Panasonic Life Solutions India Product Design Engineer Salary - ₹3.5 Lakhs to ₹4.1 Lakhs per year
  • Legrand Product Design Engineer Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
  • Salzer Electronics Product Design Engineer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Product Design Engineer at Goldmedal Electricals in India?
The estimated take-home salary of a Product Design Engineer at Goldmedal Electricals ranges between ₹32,466 per month to ₹33,744 per month in India. The take-home salary calculation is based on the average Goldmedal Electricals Product Design Engineer salary in India which ranges between ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Product Design Engineer at Goldmedal Electricals?
According to AmbitionBox, 40% of the Goldmedal Electricals Product Design Engineers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Goldmedal Electricals Product Design Engineer salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Goldmedal Electricals latest salaries received from various employees of Goldmedal Electricals.