Hema Engineering Industries Hosur new Product Development Engineer Salaries by 3 Employees

2 - 5 years exp.

₹2.3 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Hema Engineering Industries for new Product Development Engineer in Hosur

Hema Engineering Industries new Product Development Engineer Salary

2 - 5 years exp. (3 salaries)

₹2.3 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Uniflex Precision Products new Product Development Engineer Salary 0 - 6 years exp. (10 salaries)	₹1.6 L/yr - ₹4.5 L/yr 2% more
TVS Motor new Product Development Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 21% less
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India Nippon Electricals new Product Development Engineer Salary 4 - 7 years exp. (5 salaries)	₹1.8 L/yr - ₹6.6 L/yr 40% more
Neel Auto new Product Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 63% more
Camtech CNC new Product Development Engineer Salary 18 - 23 years exp. (3 salaries)	₹5.7 L/yr - ₹7.2 L/yr 103% more

new Product Development Engineer salary at Hema Engineering Industries ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Hema Engineering Industries.

Experience wise Hema Engineering Industries new Product Development Engineer salaries in Hosur

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Hema Engineering Industries

Senior Engineer Salary

(22 salaries)

₹3.25 L/yr - ₹5.4 L/yr

Production Engineer Salary

(8 salaries)

₹1.9 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2.85 L/yr - ₹3.5 L/yr

Salary related reviews for Hema Engineering Industries

Senior Engineer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 17 May 2021

5.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chilling. Company policies are you. appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is bond of 2 year s before which you cannot resign. On the job training is not given to new joiners

Production Engineer in Halol

Production, Manufacturing & Engineering Department

5.0

• posted on 01 Apr 2020

4.0

for Salary and Benefits

Likes

Working with hema really gave me a confidence.Here I learned a lot and developed my skills.Team work is good at hema.All that I was satisfied with hema.

Salary - Good

+6 more

Dislikes

There is no any dislikes at Hema.Only some salary problem it doesn't come at time to time.

Assistant Engineer in Gurgaon / Gurugram

Robotic weld shop Department

3.0

• posted on 01 Dec 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Four types mig welding robots in this company.

Skill development - Good

+3 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.sometimes, I have to work 12- 16 hours straight in a day.

Electrical Engineer in Hosur

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Feb 2021

3.0

for Salary and Benefits

Likes

Here work environment nice,very useful to improve my knowledge and learning many more in our department wise.policies very bad

Skill development - Good

Dislikes

Here working hour too much,no increment last four years and salary issue...no canteen facility..

Job security - Poor

Assistant Manager in Rewari

Production, Manufacturing & Engineering Department

5.0

• posted on 28 Feb 2019

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Hema Engineering Industries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Hema Engineering Industries in Hosur?

The salary growth for a new Product Development Engineer at Hema Engineering Industries in Hosur depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Hosur can expect the following growth trajectory at Hema Engineering Industries:

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Hema Engineering Industries new Product Development Engineer Salaries in Hosur

Hema Engineering Industries new Product Development Engineer salary in Hosur ranges between ₹2.3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Hema Engineering Industries latest salaries received from various employees of Hema Engineering Industries.