Innofitt Systems Design and New Product Development Engineer Salaries by 2 Employees

8 - 9 years exp.

₹6.1 Lakhs - ₹7.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 12 Sep 2023

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Leo Precision Products Design and New Product Development Engineer Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 32% less
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Design and New Product Development Engineer salary at Innofitt Systems ranges between ₹6.1 Lakhs to ₹7.8 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Innofitt Systems.

Similar Designation salaries in Innofitt Systems

Design Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Innofitt Systems

Channel Support Executive in Mumbai

Placement cell Department

4.0

• posted on 06 Nov 2018

3.0

for Salary and Benefits

Likes

The company having channels all over India so i get opportunity to improve my communication & confident. My colleagues are celebrated all cultural events which i enjoyed a lot.

Skill development - Good

+5 more

Dislikes

Need to focus on back office staff, give incentive & compensation as per their performance.

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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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Innofitt Systems Design and New Product Development Engineer Salary FAQs

How the salary growth look like for a Design and New Product Development Engineer at Innofitt Systems in India?

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

Experience	Average Salary Range
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
9 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Innofitt Systems Design and New Product Development Engineer Salaries

Innofitt Systems Design and New Product Development Engineer salary in India ranges between ₹6.1 Lakhs to ₹7.8 Lakhs. This is an estimate based on latest salaries received from employees of Innofitt Systems.