Hi-Tech Metal Formings Senior Development Engineer Salaries by 4 Employees

9 - 10 years exp.

₹3.8 Lakhs - ₹7.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

59% less than the average Senior Development Engineer Salary in Metals & Mining Companies for 9 - 10 years of experience

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Last Updated: 20 Mar 2023

Companies similar to Hi-Tech Metal Formings for Senior Development Engineer

Company name	Avg Annual Salary	Open Jobs
Permanent Magnets Senior Development Engineer Salary 3 - 9 years exp. (7 salaries)	₹4 L/yr - ₹6.7 L/yr 13% less
Calsoft Senior Development Engineer Salary 2 - 7 years exp. (229 salaries)	₹5.5 L/yr - ₹20 L/yr 112% more
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Pramati Technologies Senior Development Engineer Salary 4 - 9 years exp. (174 salaries)	₹7.8 L/yr - ₹23 L/yr 177% more
FIS Senior Development Engineer Salary 2 - 5 years exp. (56 salaries)	₹4.5 L/yr - ₹13.2 L/yr 36% more
DBS Bank Senior Development Engineer Salary 6 - 12 years exp. (54 salaries)	₹12 L/yr - ₹31 L/yr 284% more

Senior Development Engineer salary at Hi-Tech Metal Formings ranges between ₹3.8 Lakhs to ₹7.7 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Hi-Tech Metal Formings.

Experience wise Hi-Tech Metal Formings Senior Development Engineer salaries

Last Updated: 20 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr

Similar Designation salaries in Hi-Tech Metal Formings

Senior Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.3 L/yr

Salary related reviews for Hi-Tech Metal Formings

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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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Hi-Tech Metal Formings Senior Development Engineer Salary FAQs

What is the salary of Senior Development Engineer at Hi-Tech Metal Formings ?

The average salary of a Senior Development Engineer at Hi-Tech Metal Formings in India typically ranges from ₹3.8 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 9 years to 10 years).

The top 10% of Senior Development Engineer at Hi-Tech Metal Formings earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Senior Development Engineer Salaries at Hi-Tech Metal Formings 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 Hi-Tech Metal Formings employees in India.

What is the estimated take home salary of a Senior Development Engineer at Hi-Tech Metal Formings in India?

The estimated take-home salary of a Senior Development Engineer at Hi-Tech Metal Formings in India typically ranges from ₹45,195 to ₹46,283 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 9 years to 10 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 Hi-Tech Metal Formings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hi-Tech Metal Formings for Senior Development Engineer in India?

DBS Bank	₹12.0 Lakhs to ₹31.0 Lakhs per year
Pramati Technologies	₹7.8 Lakhs to ₹23.0 Lakhs per year
Calsoft	₹5.5 Lakhs to ₹20.0 Lakhs per year
FIS	₹4.5 Lakhs to ₹13.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hi-Tech Metal Formings, depending on the role and experience level.

What is the salary of a Senior Development Engineer in companies similar to Hi-Tech Metal Formings in India?

The salary of a Senior Development Engineer at companies similar to Hi-Tech Metal Formings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Permanent Magnets

₹4.0 Lakhs to ₹6.7 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 Senior Development Engineer at Hi-Tech Metal Formings in India?

The salary growth for a Senior Development Engineer at Hi-Tech Metal Formings depends on factors such as experience, performance, and promotions. On average, a Senior Development Engineer can expect the following growth trajectory at Hi-Tech Metal Formings:

Experience	Average Salary Range
9 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
10 years	₹5.5 Lakhs to ₹7.1 Lakhs per year

and so on.

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Hi-Tech Metal Formings Senior Development Engineer Salaries

Hi-Tech Metal Formings Senior Development Engineer salary in India ranges between ₹3.8 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hi-Tech Metal Formings latest salaries received from various employees of Hi-Tech Metal Formings.