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Hyster-Yale Materials Handling

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4.5

based on 12 Reviews

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Hyster-Yale Materials Handling Product Development Engineer salaries in India

Annual salary range
6 - 8 years exp.
₹1.1 Lakh - ₹9.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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19% less than the average Product Development Engineer Salary for 6 - 8 years of experience

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Salaries in different departments

Research & Development
Product Development Engineer Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹9.8 L/yr

Production, Manufacturing & Engineering
Product Development Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹9.5 L/yr

Last Updated: 26 Dec 2024

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Product Development Engineer salary at Hyster-Yale Materials Handling ranges between ₹1.1 Lakh to ₹9.8 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Hyster-Yale Materials Handling.

Latest annual salaries shared by Hyster-Yale Materials Handling Product Development Engineer

1mo ago
₹9.8 Lakhs
7 years exp.
3mo ago
₹1.1 Lakh
6 years exp.
1y ago
₹8.7 Lakhs
8 years exp.

Experience wise Hyster-Yale Materials Handling Product Development Engineer salaries

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹1.2 L/yr
7 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr
8 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr

Similar Designation salaries in Hyster-Yale Materials Handling

Senior Design Engineer Salary
(AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Hyster-Yale Materials Handling Product Development Engineer Salary FAQs

How the salary growth look like for a Product Development Engineer at Hyster-Yale Materials Handling in India?
The salary growth for a Product Development Engineer at Hyster-Yale Materials Handling depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Hyster-Yale Materials Handling:

Experience Average Salary Range
6 years ₹0.9 Lakhs to ₹1.2 Lakhs per year
7 years ₹8.8 Lakhs to ₹11.2 Lakhs per year
8 years ₹7.8 Lakhs to ₹9.9 Lakhs per year
and so on.

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Hyster-Yale Materials Handling Product Development Engineer salary in India ranges between ₹1.1 Lakh to ₹9.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Hyster-Yale Materials Handling latest salaries received from various employees of Hyster-Yale Materials Handling.