IFB new Product Development Engineer salaries in India (Updated 2025)

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

Likes

1.On time salary. 2.Lots of things for learning.

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

Likes

Work culture is pretty flexible. People are quite approachable. You can get to work upon the projects that you are interested in, so ultimately you would develop the profile that you desire. It is product based company, so you get to see physical products and get inspired from benchmark designs and studies. Being sole responsible for the project, you learn multi facets to the project and can grow from on job experience.

Dislikes

...ly, its reverse and top management assigns you project according to you skill. 4)Salary is very low, when compared to market rates. 5) If you are passionate and want to grow more, this ISN'T company for you. 6) Meritocracy is never identified and rewarded. Set of fixed persons, who are known by manager or HOD gets better benefits. 7) Canteen food is very poor. Even after repeated complaints, the caterer wasn't changed. Opinion of the employees is not strongly considered. 8) HR people are sitting to put all type of constraints on you, but not to support you. 15 minutes late and half day salary is cut (Timings are fixed (8.5 hrs daily) and no work from home. Monday to Saturday work days) Don't listen to provide sufficient facilities. For new joinees, no assets come on time. You have to run to raise PO, procure components to finish your projects, as if you are going to get bonus for completing the project. (No Bonus is given, its from your CTC and given to you at year end. Pathetic HR Policies) 9) Very recently they have started giving increments once in two years. They never announced official of course. But, showing some losses they don't give increments every year. 10) There are no fixed set of regulations or procedures. Every one defines their own work style. System is highly person dependent. Notice period is sharp 3 months, non negotiable. So, searching for another job is pretty tough.

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort