HWASHIN Automotive new Product Development Engineer Salaries by 4 Employees

7 - 11 years exp.

₹7.5 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

100% more than the average new Product Development Engineer Salary in Auto Components Companies for 7 - 11 years of experience

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Last Updated: 3 Apr 2024

Companies similar to HWASHIN Automotive for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rane Brake Lining new Product Development Engineer Salary 2 - 8 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 66% less
Texspin Bearings new Product Development Engineer Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr 52% less
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ZF Steering Gear new Product Development Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.1 L/yr - ₹8.6 L/yr 41% less
Toyoda Gosei Minda new Product Development Engineer Salary 5 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 48% less
Jayashree Polymers new Product Development Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 56% less
Belmaks new Product Development Engineer Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 68% less
Global Autotech new Product Development Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 60% less
Moriroku Technology new Product Development Engineer Salary 6 - 14 years exp. (4 salaries)	₹5.6 L/yr - ₹9.3 L/yr 11% less
KLT Automotive & Tubular Products new Product Development Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 68% less

new Product Development Engineer salary at HWASHIN Automotive ranges between ₹7.5 Lakhs to ₹10 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of HWASHIN Automotive.

Experience wise HWASHIN Automotive new Product Development Engineer salaries

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

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₹1.8 L/yr - ₹3 L/yr

Salary related reviews for HWASHIN Automotive

Junior Engineer in Chennai

Full Time

Other Department

4.0

• posted on 07 Aug 2021

4.0

for Salary and Benefits

Likes

... environment &culture. Team-mates are supportive &the management is transparent. There is a huge cafeteria &gaming arcade for chilling company policies are good appraisals are fair &they give good salary hike &bounus every year

Salary - Good

+6 more

Dislikes

There is a lot of politics &the management. On the job training is not given to new joinees

Mechanical Engineer

Full Time

production Department

5.0

• posted on 07 Nov 2017

5.0

for Salary and Benefits

Likes

The company is open toinnovation and readily adots latest technology.Ilovetjafact that I am apartof ateam that markets reliable ,I get totravel abroad,especially to theUS and Canada. But on-site travel is completelydependent on your projet and client'slocation.

Salary - Excellent

+6 more

Dislikes

The company is not niet and cline .And the salary is not better to me.

HR Officer in Chennai

Human Resources Department

4.0

• posted on 18 Aug 2018

4.0

for Salary and Benefits

Likes

Our company New Technology and best result given to the Customer's. and management staff, Technicians, Trainees continuously improvement the work area (Robotic Technology) and improve the personal growth.

Salary - Good

+6 more

Dislikes

Compensation is decent

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 05 Oct 2023

4.0

for Salary and Benefits

Likes

Job Security, feels as ownership in work and environment,Feels free to express our own improvements in process and apart from also

Salary - Good

+5 more

Dislikes

Recognition about the work is very low and need to change the work moral

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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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HWASHIN Automotive new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at HWASHIN Automotive ?

The average salary of a new Product Development Engineer at HWASHIN Automotive in India typically ranges from ₹7.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of new Product Development Engineer at HWASHIN Automotive earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. new Product Development Engineer Salaries at HWASHIN Automotive 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 HWASHIN Automotive employees in India.

What is the estimated take home salary of a new Product Development Engineer at HWASHIN Automotive in India?

The estimated take-home salary of a new Product Development Engineer at HWASHIN Automotive in India typically ranges from ₹59,842 to ₹61,354 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 HWASHIN Automotive. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a new Product Development Engineer in companies similar to HWASHIN Automotive in India?

The salary of a new Product Development Engineer at companies similar to HWASHIN Automotive in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Moriroku Technology	₹5.6 Lakhs to ₹9.3 Lakhs per year
ZF Steering Gear	₹2.1 Lakhs to ₹8.6 Lakhs per year
Toyoda Gosei Minda	₹3.9 Lakhs to ₹4.8 Lakhs per year
Texspin Bearings	₹3.0 Lakhs to ₹4.8 Lakhs per year
Jayashree Polymers	₹2.9 Lakhs to ₹5.0 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 new Product Development Engineer at HWASHIN Automotive in India?

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

Experience	Average Salary Range
7 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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HWASHIN Automotive new Product Development Engineer Salaries

HWASHIN Automotive new Product Development Engineer salary in India ranges between ₹7.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HWASHIN Automotive latest salaries received from various employees of HWASHIN Automotive.