Hanon Systems Product Development Engineer Salaries by 5 Employees (Updated 2024)

2 - 5 years exp.

₹4.1 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Product Development Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Last Updated: 13 Jun 2023

Companies similar to Hanon Systems for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Faurecia Product Development Engineer Salary 5 - 16 years exp. (11 salaries)	₹8 L/yr - ₹16.5 L/yr 129% more
Bosch Product Development Engineer Salary 0 - 4 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 5% more
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International Automotive Components Product Development Engineer Salary 2 - 5 years exp. (7 salaries)	₹4.1 L/yr - ₹5.7 L/yr 3% less
ARaymond Product Development Engineer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 55% less
Sigma Freudenberg NOK Product Development Engineer Salary 3 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹7.9 L/yr 4% less
Nexteer Automotive Product Development Engineer Salary 10 - 12 years exp. (3 salaries)	₹19 L/yr - ₹22.1 L/yr 304% more

Product Development Engineer salary at Hanon Systems ranges between ₹4.1 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Hanon Systems.

Experience wise Hanon Systems Product Development Engineer salaries

Last Updated: 13 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.4 L/yr

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(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

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₹8 L/yr - ₹26.1 L/yr

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₹9.8 L/yr - ₹12.5 L/yr

Senior Engineer Salary

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₹4.2 L/yr - ₹10 L/yr

Top skills at Hanon Systems for Product Development Engineer

New Product Development

Salary related reviews for Hanon Systems

CNC Machine Operator in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Sep 2023

3.0

for Salary and Benefits

Likes

Very good and highginic food provider. Superiors friendly with junior employers. Working atmosphere good

Dislikes

Salary very low. They don't identity the educational qualification for job,they commonly put the job for all people

Inprocess Quality Trainee in Chengalpattu

Full Time

Other Department

3.0

• posted on 18 Mar 2023

2.0

for Salary and Benefits

Likes

All Working Staffs are Helping Minded Good Learning Experience Food is Good

Dislikes

Hard Work Stressful Work Salary Not Satisfied Only Work as a Trainee Not Permanent Job Bus Facilities only for Second and Night Shift Trainees Employees and Trainees Not Treat Equally

Assembly Production Engineer in Chennai

Other Department

5.0

• posted on 02 Oct 2021

5.0

for Salary and Benefits

Likes

Good team work..but work is hard.. But I love working .. company policy are good and they give salary with bonous in every year...there is no salary slips for trainers

Dislikes

(LINE REPORT)$...There is a lot of issues in working place...many problem in convier..but production is increase.. issues are high ...how can achieve our production...pls visit our covier and solve it...and cantien also very poor ..... (CANTIEEN REPORT) $..cantieen employees didn't give respect for trainers and not giving proper food for trainer's...they are doing irritation..pls visit them and worn them. It's my request...my training complete.. but it is future trainers should give a respect from cantien employees..... (SECURITY REPORT)$... security officers some officer missusing his power..to touching trainers body unexpected place 2 men are mainly..pls visit them and worn him...other officers are good..

Sr.Engg QA in India

Supply Chain Management Department

2.0

• posted on 28 Jul 2021

1.0

for Salary and Benefits

Likes

Indian management is clueless on operations. only money is reviewed. I was told to take up MP&L and was promised 40% hike in upcoming cycle.When the time came the people who promised(MD,Hr head Asia, plant management) did not even bother to give me what i deserved. Now my career is stuck because its been more than a year in MPL and I'm kind of fresher. It's been so long from QA, the knowledge is fading.

Dislikes

Clueless Indian management, bad pay, zero training . Please don't join this organization unless it is acquired by some good ethical company

Trainee in Chengalpattu

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5.0

• posted on 03 Oct 2020

2.0

for Salary and Benefits

Likes

Good working environment. Teammates always support. Good salary to employs. Always following safety.

Dislikes

...laced in technical department. But trainees are confirmed in manufacturing only. There is no hike in trainees.

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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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Hanon Systems Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Hanon Systems?

Product Development Engineer salary at Hanon Systems in India ranges between ₹4.1 Lakhs to ₹6.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 34% less than the average Product Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Hanon Systems India.

How does the salary of a Product Development Engineer at Hanon Systems India compare with the average salary range for this job?

The average salary of a Product Development Engineer at Hanon Systems is 34% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Development Engineer at Hanon Systems?

New Product Development is a popular skill required to work as a Product Development Engineer at Hanon Systems.

Which similar companies are paying more than Hanon Systems to a Product Development Engineer in India?

Nexteer Automotive Product Development Engineer Salary - ₹19.0 Lakhs to ₹22.1 Lakhs per year
Faurecia Product Development Engineer Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year
Bosch Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Product Development Engineer in companies similar to Hanon Systems in India?

International Automotive Components Product Development Engineer Salary - ₹4.1 Lakhs to ₹5.7 Lakhs per year
Sigma Freudenberg NOK Product Development Engineer Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
ARaymond Product Development Engineer Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Product Development Engineer at Hanon Systems in India?

The estimated take-home salary of a Product Development Engineer at Hanon Systems ranges between ₹39,255 per month to ₹40,432 per month in India. The take-home salary calculation is based on the average Hanon Systems Product Development Engineer salary in India which ranges between ₹4.1 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Product Development Engineer at Hanon Systems?

According to AmbitionBox, 100% of the Hanon Systems Product Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Hanon Systems Product Development Engineer Salaries

Hanon Systems Product Development Engineer salary in India ranges between ₹4.1 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hanon Systems latest salaries received from various employees of Hanon Systems.