Hero Electric Design and New Product Development Engineer Salaries by 2 Employees (Updated 2024)

8 - 9 years exp.

₹5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 10 Aug 2024

Companies similar to Hero Electric for Design and New Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Kewaunee Scientific Corporation Design and New Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹5.1 L/yr 19% less
Sri Balaji Assemblies Plastics Design and New Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 25% less
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Leo Precision Products Design and New Product Development Engineer Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 16% less
Pricol Design and New Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹1.6 L/yr - ₹6.3 L/yr 30% less
Samvardhana Motherson Group Design and New Product Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 48% less

Design and New Product Development Engineer salary at Hero Electric ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Hero Electric.

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Salary related reviews for Hero Electric

4.0

Rated by 1 employees for salary & benefits

Assistant Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 02 Jul 2023

2.0

for Salary and Benefits

Likes

Decent Work Life Balance, Good Support from Management until you work there.

Dislikes

Current Situation of company is not good, it is already blacklisted from FAME 2 subsidy due to cheating the government. There has been no increment for past 2 years now and company still wants people to not leave. They do not accept or reject resignation, will not fulfill the F&F process and create unnecessary issues.

Finance Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 31 Dec 2022

4.0

for Salary and Benefits

Likes

Good work culture. It’s employee friendly organisation. You will feel good here. They consider human life value, during Covid period in 2020 we worked around 7 months from home continuously. Promoters (specifically Mr. Naveen Munjal) are really good human beings.

Dislikes

Treatment for factory staff is on little lower side in comparison to Gurugram office where I served. But still very good place to work.

Assistant Manager in Ludhiana

Production, Manufacturing & Engineering Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's been 8 years since I am working with Hero Electric & It was a great experience to work with Such employee oriented Company, learning at this platform is amazing, working with the organization is adorable & Management treats as an Hero Electric Family under Hero Care policy. Would like to give 10/10 rating & a Great place to Work With teammates are Supportive and the management is transparent.

Dislikes

Till the time of my experience of 8 years I didn't feel anything unusual. Seniors & Management is cooperative, feel free to express views.

Service Engineer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 13 Sep 2022

5.0

for Salary and Benefits

Likes

It is a wonderful experience working with this organization. All the Teams are very supportive and approachable so the work culture very smooth. I would like to thanks my Seniors & Colleagues who have made my journey with this organization easy. Thanks #Heroelectric

Dislikes

Everything is perfect 👍

Senior Engineer in Ludhiana

Production, Manufacturing & Engineering Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

In ludhiana, hero electric is the best place to accelerate your carrer. Infact the best thing about hero electric is the challenges that keeps you busy all day along.

Dislikes

Well as i said, the best place to work

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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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Hero Electric Design and New Product Development Engineer Salary FAQs

What is the notice period for Design and New Product Development Engineer at Hero Electric?

According to AmbitionBox, 100% of the Hero Electric Design and New Product Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Hero Electric Design and New Product Development Engineer Salaries

Hero Electric Design and New Product Development Engineer salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Hero Electric.