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Hyster-Yale Group Product Development Engineer salaries in India

Annual salary range
6 - 11 years exp.
₹7 Lakhs - ₹11.1 Lakhs
Salary of majority employees
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12% more than the average Product Development Engineer Salary for 6 - 11 years of experience

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Last Updated: 3 Oct 2024

Companies similar to Hyster-Yale Group for Product Development Engineer

Company name Avg Annual Salary Open Jobs
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Phenom Product Development Engineer Salary

0 - 4 years exp. (203 salaries)

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₹4.8 L/yr - ₹18 L/yr

arrow icon 24% more
6 job openings
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₹5.1 L/yr - ₹9.5 L/yr

arrow icon 23% less
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₹4 L/yr - ₹15 L/yr

arrow icon 2% more
4 job openings
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HARMAN Product Development Engineer Salary

1 - 5 years exp. (85 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 13% less
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UST Product Development Engineer Salary

2 - 6 years exp. (71 salaries)

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₹3 L/yr - ₹8.7 L/yr

arrow icon 30% less
Product Development Engineer salary at Hyster-Yale Group ranges between ₹7 Lakhs to ₹11.1 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 20 latest salaries received from various employees of Hyster-Yale Group.

Latest annual salaries shared by Hyster-Yale Group Product Development Engineer

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Experience wise Hyster-Yale Group Product Development Engineer salaries

Last Updated: 3 Oct 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9.4 L/yr
7 years  (4 salaries)

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₹8.5 L/yr - ₹9.2 L/yr
8 years  (7 salaries)

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₹8 L/yr - ₹9.9 L/yr
9 years  (4 salaries)

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₹8.6 L/yr - ₹11.1 L/yr
10 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.7 L/yr
View all

Similar Designation salaries in Hyster-Yale Group

Project Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹11.34 L/yr - ₹13.63 L/yr
Design Engineer Salary
(22 salaries)
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₹3 L/yr - ₹8 L/yr
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₹10.9 L/yr - ₹12 L/yr
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₹12.8 L/yr - ₹15.3 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹10.9 L/yr - ₹13.9 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr

Salary related reviews for Hyster-Yale Group

3.6

Rated by 4 employees for salary & benefits

Full Time

 · 

IPO Department

2.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

You have a certain level of freedom to do your job, if you handle it right, no one bothers you & there's no micro management.

read more

Dislikes

There's nothing to like! Work culture is toxic, compensation & benefits are outdated, no professional growth, management acts like they are doing you a favour by paying you, non-existent HR dept - the list of very long!

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 09 Jan 2025

2.0
 for  Salary and Benefits

Likes

Hyster yale Group is really good , but manufacturing department situation is really very worst. I would suggest don't go for this domain.. there is no growth.

read more

Dislikes

Very worst working culture, specifically from manufacturing department., don't even they give training and expect 100 % work.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 12 Aug 2023

4.0
 for  Salary and Benefits

Likes

Got expoxure to SAP, got an opportunity to work on 3 ERP softwares together and to become owner of your parts as you are the customer

read more
  • Salary - Good
  • +3 more

Dislikes

HR here is hoorible, lots of office politics. There is no point in reaching out to management raising any concerns...

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 20 Oct 2023

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Politics by Senior Leadership who was close to senior most. Lack of knowledge and favouritism for near and dear ones It’s running under same leader for 15 years and they do not understand current gen employee requirements and expectations. They do not run a transparent management. It runs like a sole trader org. No independent HR mechanism Groupism in Senior leadership. Hiring is not upto the standards.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 27 Jul 2024

1.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

This is a lala company where candidates get selected by their caste not by their skill. I am a team manager and I get strict instructions from senior management only to select Maharashtrian Brahmin candidates even for the internships. No technical work is done here and only politics that take place within the office.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Hyster-Yale Group Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Hyster-Yale Group ?
The average salary of a Product Development Engineer at Hyster-Yale Group in India typically ranges from ₹7.0 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Product Development Engineer at Hyster-Yale Group earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Product Development Engineer Salaries at Hyster-Yale Group 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 20+ Hyster-Yale Group employees in India.
What is the estimated take home salary of a Product Development Engineer at Hyster-Yale Group in India?
The estimated take-home salary of a Product Development Engineer at Hyster-Yale Group in India typically ranges from ₹65,158 to ₹66,821 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 6 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 20+ salaries received from various employees of Hyster-Yale Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Hyster-Yale Group for Product Development Engineer in India?
Phenom ₹4.8 Lakhs to ₹18.0 Lakhs per year
TE Connectivity ₹4.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hyster-Yale Group, depending on the role and experience level.
What is the salary of a Product Development Engineer in companies similar to Hyster-Yale Group in India?
The salary of a Product Development Engineer at companies similar to Hyster-Yale Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HARMAN ₹4.0 Lakhs to ₹14.0 Lakhs per year
Comviva Technology ₹5.1 Lakhs to ₹9.5 Lakhs per year
UST ₹3.0 Lakhs to ₹8.7 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 Product Development Engineer at Hyster-Yale Group in India?
The salary growth for a Product Development Engineer at Hyster-Yale Group depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Hyster-Yale Group:

Experience Average Salary Range
6 years ₹7.0 Lakhs to ₹9.4 Lakhs per year
7 years ₹8.5 Lakhs to ₹9.2 Lakhs per year
8 years ₹8.0 Lakhs to ₹9.9 Lakhs per year
9 years ₹8.6 Lakhs to ₹11.1 Lakhs per year
and so on.

Tell us how to improve this page.

Hyster-Yale Group Product Development Engineer salary in India ranges between ₹7 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Hyster-Yale Group latest salaries received from various employees of Hyster-Yale Group.