HBL Power Systems R&D Engineer Salaries by 4 Employees

0 - 2 years exp.

₹0.8 Lakh - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

69% less than the average R&D Engineer Salary in Electrical Equipment Companies for 0 - 2 years of experience

Interested in this particular role? 1 job opening

Last Updated: 15 Feb 2024

Companies similar to HBL Power Systems for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Havells R&D Engineer Salary 0 - 5 years exp. (32 salaries)	₹2.4 L/yr - ₹10.5 L/yr 126% more
Amber Enterprises India R&D Engineer Salary 0 - 5 years exp. (30 salaries)	₹3.3 L/yr - ₹6 L/yr 35% more
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CG Power and Industrial Solutions R&D Engineer Salary 1 - 3 years exp. (10 salaries)	₹3 L/yr - ₹6.2 L/yr 49% more
Landis+Gyr R&D Engineer Salary 0 - 13 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 266% more
Triveni Turbines R&D Engineer Salary 5 - 6 years exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 158% more

R&D Engineer salary at HBL Power Systems ranges between ₹0.8 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of HBL Power Systems.

Experience wise HBL Power Systems R&D Engineer salaries

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in HBL Power Systems

Lead Engineer Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Senior Engineer Salary

(105 salaries)

₹2.75 L/yr - ₹8.67 L/yr

Design Engineer Salary

(49 salaries)

₹2 L/yr - ₹7.3 L/yr

Junior Engineer Salary

(16 salaries)

₹2 L/yr - ₹4.2 L/yr

System Engineer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Project Engineer Salary

(23 salaries)

₹2.15 L/yr - ₹5 L/yr

Software Engineer Salary

(10 salaries)

₹4 L/yr - ₹6.6 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Chemist Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for HBL Power Systems

3.0

Rated by 1 employees for salary & benefits

Senior Engineer in Shamirpet

Quality Assurance Department

4.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

Good and positive environment. Colleagues are supportive and the management is very good. Company policies are appraisal are fair and they give bonus every year.

Dislikes

There is a lot of politics. Salary hike is slow.

Job security - Poor

+1 more

Senior Engineer in New Delhi

Engineering - Hardware & Networks Department

5.0

• posted on 12 Oct 2018

4.0

for Salary and Benefits

Likes

1-Friendly environment to work 2-Proper guidance provided by senior to learn in your field as sales,service etc. 3-I also like the employee re-hire policy here 4- there are no more travel job for me.

Salary - Good

+4 more

Dislikes

1-Compensation is decent but growth is slow, 2-Manager do not value an individuals unique strength 3-Appraisal not depend on performance

Service Engineer in New Delhi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Feb 2019

3.0

for Salary and Benefits

Likes

Team management is good, place to learn more, salary is good, life is good, full technical job for electrical and electronics seekers.. But we will have to give all day more than 8 hours.. Not fixed time as service engineer, train travelling more as filed

Skill development - Good

+2 more

Service Engineer in New Delhi

Construction & Site Engineering Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Quality Controller in Visakhapatnam

Other Department

5.0

• posted on 17 Jul 2022

5.0

for Salary and Benefits

Likes

Production

Salary - Excellent

+6 more

Dislikes

...gilgenci, operators ara no traing people and indeciplane . work stress are more.salary are not satisfied.job training are not given to new joinings.there is a lot of political and management there is a bond of 2 years which cannot resign.on the job train is not understand.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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HBL Power Systems R&D Engineer Salary FAQs

What is the salary of R&D Engineer at HBL Power Systems ?

The average salary of a R&D Engineer at HBL Power Systems in India typically ranges from ₹0.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of R&D Engineer at HBL Power Systems earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. R&D Engineer Salaries at HBL Power 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 HBL Power Systems employees in India.

What is the estimated take home salary of a R&D Engineer at HBL Power Systems in India?

The estimated take-home salary of a R&D Engineer at HBL Power Systems in India typically ranges from ₹20,996 to ₹22,645 per month. This is based on the average salary range of ₹0.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 HBL Power Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HBL Power Systems for R&D Engineer in India?

Landis+Gyr	₹7.5 Lakhs to ₹14.0 Lakhs per year
Triveni Turbines	₹7.0 Lakhs to ₹8.5 Lakhs per year
Havells	₹2.4 Lakhs to ₹10.5 Lakhs per year
CG Power and Industrial Solutions	₹3.0 Lakhs to ₹6.2 Lakhs per year
Amber Enterprises India	₹3.3 Lakhs to ₹6.0 Lakhs per year

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

How the salary growth look like for a R&D Engineer at HBL Power Systems in India?

The salary growth for a R&D Engineer at HBL Power Systems depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at HBL Power Systems:

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹2.2 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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HBL Power Systems R&D Engineer Salaries

HBL Power Systems R&D Engineer salary in India ranges between ₹0.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HBL Power Systems latest salaries received from various employees of HBL Power Systems.