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4.2

based on 4.2k Reviews

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Hero MotoCorp new Product Development Engineer salaries in Gurgaon / Gurugram

Annual salary range
6 - 11 years exp.
₹6.5 Lakhs - ₹8.2 Lakhs
Salary of majority employees
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90% more than the average new Product Development Engineer Salary in Automobile Companies for 6 - 11 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Hero MotoCorp for new Product Development Engineer in Gurgaon / Gurugram

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Hero MotoCorp new Product Development Engineer Salary

6 - 11 years exp. (4 salaries)

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₹6.5 L/yr - ₹8.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.8 L/yr - ₹8.5 L/yr

arrow icon 12% less
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₹8 L/yr - ₹11 L/yr

arrow icon 33% more
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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 46% less
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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 69% less
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₹4.2 L/yr - ₹4.6 L/yr

arrow icon 42% less
new Product Development Engineer salary at Hero MotoCorp ranges between ₹6.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Hero MotoCorp.

Latest annual salaries shared by Hero MotoCorp new Product Development Engineer in Gurgaon / Gurugram

1y ago
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11 years exp.
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8 years exp.
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7 years exp.
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6 years exp.

Experience wise Hero MotoCorp new Product Development Engineer salaries in Gurgaon / Gurugram

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹12.7 L/yr
8 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹13.3 L/yr
9 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
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Similar Designation salaries in Hero MotoCorp

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₹3.6 L/yr - ₹7.3 L/yr
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₹5.8 L/yr - ₹22 L/yr
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₹1.8 L/yr - ₹8.88 L/yr
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₹8.61 L/yr - ₹17.04 L/yr
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₹6.7 L/yr - ₹8.72 L/yr
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₹7.2 L/yr - ₹8.5 L/yr

Salary related reviews for Hero MotoCorp

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 02 Sep 2023

4.0
 for  Salary and Benefits

Likes

Salary on time. Almost fair appraisal process.

Dislikes

Please join if you want to do outstation travel for 18-20 days with relatively less amount of TA and 10yrs old hotel policy. Unnecessary targets in service parameters. Planning department is here to remind you in which parameter you are not focusing not in how you should work. Unnecessary poking of CSPD. No work life balance. Now a days job security is not there. You have to give full explanation and you have to be responsible if you have not travelled in one month no matter you are down from health point of view or your closed person dies. Absolutely zero skill development program for field employee. If you don't have any option left then only join.

read more

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 22 Dec 2023

4.0
 for  Salary and Benefits

Likes

...tive aura there . However Management decided to mess it up. They announce VRS. VRS was not only targetted at some aged elederly people who are getting fat pay. Rather it was for full company. I have seen people with 5-7 months of experince being fired in name of VRS. There is no guarentee, frankly speaking, as to what they do and when they do. All the HOD's that were there have been fired ( under VRS) . All of them are at good places now but the thing is whatever people are there.... They even themselves dont know how long will they be there . They keep on talking about a VRS list that is coming. So better align yourself if you are going to join this company..... It is indeed a good company with beautiful people abd energetic environment bug what use it is of if the management is ready with a LIST of VRS every now and then.... Savdhaan Rahe Satark Rahe.....

read more

Dislikes

6 days weeks..... But I have heard that 5 day week is going to be implemented there...

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 03 Nov 2022

5.0
 for  Salary and Benefits

Likes

Culture, work life balance excellent, extra curricular activities, feels like festive season at year end.

Dislikes

Away from city, salary disparity, your junior might getting better salary than you , outdated Bell curve method while giving annual upraisal.

read more

Production, Manufacturing & Engineering Department

2.0
  •  posted on 22 Oct 2022

3.0
 for  Salary and Benefits

Likes

OKish Salary Job security

Dislikes

##Applicable only for Haridwar Plant## No Work life balance Egoistic Management team Deprivation in the name of cost cutting Canteen food worst than Hostel mess. Bogus systems only to opress the employee.

read more

Sales & Business Development Department

4.0
  •  posted on 07 Jan 2022

2.0
 for  Salary and Benefits

Likes

Young team, friendly environment & independent working

Dislikes

Salary - The difference in TM sales , Area Manager & Zonal Manager is sky touching. This is the worst experience with Hero MotoCorp where there is no parity & employees within the organization have a huge salary bracket differences. Second is the scope of growth. After all it's an Indian MNC , so no spring boards for young energetic performers . You have to spend a big amount of time working here to get good promotions. Also even if you are promoted you will be paid very less than what an average pay would be for the respective designation.

read more
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Hero MotoCorp new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Hero MotoCorp Gurgaon / Gurugram?
new Product Development Engineer salary at Hero MotoCorp in Gurgaon / Gurugram ranges between ₹6.5 Lakhs to ₹8.2 Lakhs for experience between 6 years to 11 years. According to our estimates it is 90% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Hero MotoCorp Gurgaon / Gurugram.
How does the salary of a new Product Development Engineer at Hero MotoCorp Gurgaon / Gurugram compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Hero MotoCorp is 90% more than the average salary of a new Product Development Engineer in Gurgaon / Gurugram. To know exact salary insights, login to view.
Which similar companies are paying more than Hero MotoCorp to a new Product Development Engineer in Gurgaon / Gurugram?
  • Maruti Suzuki new Product Development Engineer Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to Hero MotoCorp in Gurgaon / Gurugram?
  • Suzuki Motorcycle new Product Development Engineer Salary - ₹4.8 Lakhs to ₹8.5 Lakhs per year
  • MARK EXHAUST SYSTEMS new Product Development Engineer Salary - ₹4.2 Lakhs to ₹4.6 Lakhs per year
  • Bellsonica Auto Component new Product Development Engineer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • Kesaria Rubber Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Hero MotoCorp in Gurgaon / Gurugram?
The estimated take-home salary of a new Product Development Engineer at Hero MotoCorp ranges between ₹55,933 per month to ₹57,335 per month in Gurgaon / Gurugram. The take-home salary calculation is based on the average Hero MotoCorp new Product Development Engineer salary in India which ranges between ₹6.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

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Hero MotoCorp new Product Development Engineer salary in Gurgaon / Gurugram ranges between ₹6.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Hero MotoCorp latest salaries received from various employees of Hero MotoCorp.