Honeywell Technology Solutions Product Design Engineer Salaries by 7 Employees

1 - 7 years exp.

₹8.3 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% more than the average Product Design Engineer Salary in Defence & Aerospace Companies for 1 - 7 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Honeywell Technology Solutions for Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Data Patterns Product Design Engineer Salary 3 - 6 years exp. (6 salaries)	₹4 L/yr - ₹12.5 L/yr 26% less
Vem Technologies Product Design Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.6 L/yr - ₹5 L/yr 59% less
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GE Product Design Engineer Salary 2 - 3 years exp. (3 salaries)	₹7.5 L/yr - ₹8.5 L/yr 16% less
Defence Research & Development Organisation Product Design Engineer Salary 3 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 63% less
Collins Aerospace Product Design Engineer Salary 8 - 11 years exp. (3 salaries)	₹8.6 L/yr - ₹9.6 L/yr 5% less

Product Design Engineer salary at Honeywell Technology Solutions ranges between ₹8.3 Lakhs to ₹11.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Honeywell Technology Solutions.

Experience wise Honeywell Technology Solutions Product Design Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
2 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
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3 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
5 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr

View all

Salary related reviews for Honeywell Technology Solutions

3.9

Rated by 5 employees for salary & benefits

Senior Engineer in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 01 May 2022

3.0

for Salary and Benefits

Likes

Culture is good, Open platform to new ideas,thoughts or process. Work life balance is nice. You can get many online trainings to learn new topics or skills.

Skill development - Good

+2 more

Dislikes

...u can see in many teams. Less opportunity for induvisual to grow in carrer wise. they will charge for everything like transport, food and all in your salary. Be clear about your salary split-up. No benificial things like team-outing, deepavali gift or year gift nothing. Not even sweets.

Job security - Poor

+2 more

Technical Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 18 Aug 2024

2.0

for Salary and Benefits

Likes

Brand Name and On Time Salary. Good For Privileged People. Ok for freshers to start careers with.

Dislikes

Toxic and Beaurocratic Work Environment. Your ideas, innovations, hard work is sabotaged by management. Technical and Experienced people are not respected. No job security. No Promotions and poor appraisals. People join with High Expectations given the brand reputation but get disappointed with the way they are treated. Feedback or even humble requests are used to destroy the careers if resources. Women Leaders of this company target fellow women and some very good resources. Year by Year it got worse only.

Salary - Poor

+6 more

Technical Lead in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 Jun 2022

3.0

for Salary and Benefits

Likes

...exposer, Very few career growth but better then all service based companies. Compensation is below normal .

Job security - Good

Dislikes

Compensation, Benefits are too less compared to anther MNCs Work life balance are not good. More documentation work

Promotions - Poor

Senior Engineer in Ecoworld Bangalore

Full Time

Research & Development Department

2.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Worst experience. Big name because of the USA office work culture, compensation and growth. But In India racisim, favouritism, exploitation and fooling employees. I worked at eco world office.

Dislikes

No growth. Full of politics. This blocks growth.

Salary - Bad

+6 more

Senior Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

1.0

• posted on 09 May 2021

2.0

for Salary and Benefits

Likes

The job security is there.. the cultural events are also very good..

Job security - Good

Dislikes

They dont pay much hike while joining. internal policies for hikes and promotion is not at all transparent. there is no work life balance. too much work pressure. no motivation as recognition and rewards.. no way to enhance your skills..no onsite. no additional perks.. overall not a employee friendly organization.

Salary - Poor

+5 more

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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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Honeywell Technology Solutions Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at Honeywell Technology Solutions ?

The average salary of a Product Design Engineer at Honeywell Technology Solutions in India typically ranges from ₹8.3 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Product Design Engineer at Honeywell Technology Solutions earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Product Design Engineer Salaries at Honeywell Technology Solutions 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 7 Honeywell Technology Solutions employees in India.

What is the estimated take home salary of a Product Design Engineer at Honeywell Technology Solutions in India?

The estimated take-home salary of a Product Design Engineer at Honeywell Technology Solutions in India typically ranges from ₹68,545 to ₹70,303 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 7 salaries received from various employees of Honeywell Technology Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Product Design Engineer in companies similar to Honeywell Technology Solutions in India?

The salary of a Product Design Engineer at companies similar to Honeywell Technology Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Collins Aerospace	₹8.6 Lakhs to ₹9.6 Lakhs per year
GE	₹7.5 Lakhs to ₹8.5 Lakhs per year
Data Patterns	₹4.0 Lakhs to ₹12.5 Lakhs per year
Vem Technologies	₹2.6 Lakhs to ₹5.0 Lakhs per year
Defence Research & Development Organisation	₹3.0 Lakhs to ₹4.2 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 Product Design Engineer at Honeywell Technology Solutions in India?

The salary growth for a Product Design Engineer at Honeywell Technology Solutions depends on factors such as experience, performance, and promotions. On average, a Product Design Engineer can expect the following growth trajectory at Honeywell Technology Solutions:

Experience	Average Salary Range
1 year	₹7.4 Lakhs to ₹9.5 Lakhs per year
2 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
3 years	₹8.1 Lakhs to ₹10.4 Lakhs per year
4 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Honeywell Technology Solutions Product Design Engineer Salaries

Honeywell Technology Solutions Product Design Engineer salary in India ranges between ₹8.3 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Honeywell Technology Solutions latest salaries received from various employees of Honeywell Technology Solutions.