Igus India Senior Product Engineer Salaries by 5 Employees

8 - 12 years exp.

₹7.5 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Senior Product Engineer Salary for 8 - 12 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Igus India for Senior Product Engineer

Company name	Avg Annual Salary	Open Jobs
Mantra Softech Senior Product Engineer Salary 9 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹12.3 L/yr 8% less
HARMAN Senior Product Engineer Salary 4 - 9 years exp. (933 salaries)	₹6 L/yr - ₹25.2 L/yr 43% more	2 job openings
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LTIMindtree Senior Product Engineer Salary 2 - 8 years exp. (608 salaries)	₹6.5 L/yr - ₹24.1 L/yr 41% more	1 job opening
IBS Software Services Senior Product Engineer Salary 2 - 5 years exp. (181 salaries)	₹4 L/yr - ₹12.6 L/yr 17% less
Temenos Senior Product Engineer Salary 3 - 7 years exp. (147 salaries)	₹7.1 L/yr - ₹17.4 L/yr 30% more

Senior Product Engineer salary at Igus India ranges between ₹7.5 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Igus India.

Experience wise Igus India Senior Product Engineer salaries

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr

Similar Designation salaries in Igus India

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Salary related reviews for Igus India

Project Engineer in Bangalore / Bengaluru

Project & Program Management Department

5.0

• posted on 19 Nov 2017

3.0

for Salary and Benefits

Likes

The Company is open to innovation and readily adopts latest technology i love the fact that i am a part of a team that in so many projects enjoyed installation services support Good working environment , I felt excellent in my experience I did my all roll well in project and enjoyed all project. With successful completion , I love working hard , Igus is best company for who works hard, high quality products and has global client base .as a result, i get to travel all over india. Mine is a us based all type of industrial material handling Clint's and automatic operation global Clint's ,my colleagues come from various cultural background and we work happily in collaboration. I also like the employee re -hire policy here.

Skill development - Good

+4 more

Dislikes

Compensation is decent, but growth is slow.the work pressure is very high. Some time I have to work for 24 hours straight in day,

Product Engineer in Pune

Sales & Business Development Department

3.0

• posted on 11 Feb 2022

2.0

for Salary and Benefits

Likes

Company provides vehicle for traveling and for freshers it's good to learn

Job security - Good

+1 more

Dislikes

For sales important factor is bonus and incentives. But here you will not get what in total as on paper nothing in mentioned. It depends upon how your rappo is with your reporting person. To much changes in process which leads to distraction and main purpose is left behind

Salary - Poor

+2 more

Production Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 17 Jun 2024

4.0

for Salary and Benefits

Likes

good company to start the carrier, will grow technically and ethically. good product and costumers. team is supportive. if you are doing fine will have a good job security.

Salary - Good

+1 more

Dislikes

working culture is not good pressurized job. lot of things have to manage by single person. will get very less personal time. there will be a thought comes out to think about company only not personal growth and time. the company work will demand extra time from your personal time.

Company culture - Poor

+1 more

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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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Igus India Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at Igus India ?

The average salary of a Senior Product Engineer at Igus India in India typically ranges from ₹7.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Senior Product Engineer at Igus India earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Product Engineer Salaries at Igus India 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 5 Igus India employees in India.

What is the estimated take home salary of a Senior Product Engineer at Igus India in India?

The estimated take-home salary of a Senior Product Engineer at Igus India in India typically ranges from ₹71,232 to ₹73,067 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 8 years to 12 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 5 salaries received from various employees of Igus India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Igus India for Senior Product Engineer in India?

HARMAN	₹6.0 Lakhs to ₹25.2 Lakhs per year
LTIMindtree	₹6.5 Lakhs to ₹24.1 Lakhs per year
Temenos	₹7.1 Lakhs to ₹17.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Igus India, depending on the role and experience level.

What is the salary of a Senior Product Engineer in companies similar to Igus India in India?

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

Mantra Softech	₹7.5 Lakhs to ₹12.3 Lakhs per year
IBS Software Services	₹4.0 Lakhs to ₹12.6 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 Senior Product Engineer at Igus India in India?

The salary growth for a Senior Product Engineer at Igus India depends on factors such as experience, performance, and promotions. On average, a Senior Product Engineer can expect the following growth trajectory at Igus India:

Experience	Average Salary Range
8 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
9 years	₹8.8 Lakhs to ₹11.2 Lakhs per year
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Igus India Senior Product Engineer Salaries

Igus India Senior Product Engineer salary in India ranges between ₹7.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Igus India latest salaries received from various employees of Igus India.