Hanon Systems Product Development Manager Salaries by 4 Employees

17 - 20 years exp.

₹23.5 Lakhs - ₹32.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

32% more than the average Product Development Manager Salary in Auto Components Companies for 17 - 20 years of experience

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Last Updated: 10 Apr 2024

Companies similar to Hanon Systems for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Faurecia Product Development Manager Salary 9 - 17 years exp. (5 salaries)	₹14 L/yr - ₹22 L/yr 37% less
Schaeffler India Product Development Manager Salary 8 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹14.7 L/yr 63% less
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Michelin Product Development Manager Salary 6 - 7 years exp. (4 salaries)	₹13.6 L/yr - ₹20 L/yr 38% less
Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 57% less	1 job opening
International Automotive Components Product Development Manager Salary 10 - 13 years exp. (3 salaries)	₹12.6 L/yr - ₹16.1 L/yr 52% less

Product Development Manager salary at Hanon Systems ranges between ₹23.5 Lakhs to ₹32.8 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Hanon Systems.

Experience wise Hanon Systems Product Development Manager salaries

Last Updated: 10 Apr 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹23.5 L/yr - ₹32.8 L/yr
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Salary related reviews for Hanon Systems

Trainee in Chengalpattu

Supplier Development Department

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.

Skill development - Excellent

+3 more

Dislikes

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

Salary - Poor

Team Member Operations

Production, Manufacturing & Engineering Department

5.0

• posted on 06 May 2018

5.0

for Salary and Benefits

Likes

I am doing in a production department machine operator like a car AC system in condenser & radiator for engine Colling our leading supplier are Ford ,mahindra & maruti Suzuki & also our other plant

Salary - Excellent

+6 more

Dislikes

Salary, appraisal

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

Job security - Good

+3 more

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

Skill development - 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

Salary - Poor

+4 more

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

Salary - Excellent

+5 more

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..

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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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Hanon Systems Product Development Manager Salary FAQs

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

The average salary of a Product Development Manager at Hanon Systems in India typically ranges from ₹23.5 Lakhs to ₹32.8 Lakhs per year, depending on experience (from 17 years to 20 years).

The top 10% of Product Development Manager at Hanon Systems earn more than ₹32.8 Lakhs per year, and the top 1% earn over ₹32.8 Lakhs per year. Product Development Manager Salaries at Hanon Systems 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 Hanon Systems employees in India.

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

The estimated take-home salary of a Product Development Manager at Hanon Systems in India typically ranges from ₹1,79,297 to ₹1,86,268 per month. This is based on the average salary range of ₹23.5 Lakhs to ₹32.8 Lakhs per year for employees with experience ranging from 17 years to 20 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 Hanon Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Product Development Manager at companies similar to Hanon Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Faurecia	₹14.0 Lakhs to ₹22.0 Lakhs per year
Michelin	₹13.6 Lakhs to ₹20.0 Lakhs per year
International Automotive Components	₹12.6 Lakhs to ₹16.1 Lakhs per year
Bosch	₹9.5 Lakhs to ₹22.0 Lakhs per year
Schaeffler India	₹8.3 Lakhs to ₹14.7 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 Product Development Manager at Hanon Systems in India?

The salary growth for a Product Development Manager at Hanon Systems depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Hanon Systems:

Experience	Average Salary Range
15 years	₹23.5 Lakhs to ₹32.8 Lakhs per year

and so on.

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Hanon Systems Product Development Manager Salaries

Hanon Systems Product Development Manager salary in India ranges between ₹23.5 Lakhs to ₹32.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hanon Systems latest salaries received from various employees of Hanon Systems.