Jairaj Ancillaries new Product Development Engineer Salaries by 3 Employees

5 - 7 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 5 - 7 years of experience

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Last Updated: 1 Jul 2024

Companies similar to Jairaj Ancillaries for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Magod Laser Machining new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹5.2 L/yr - ₹5.5 L/yr 45% more
Super Auto India new Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 24% less
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Neel Auto new Product Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 34% more
Rinox Engineering new Product Development Engineer Salary 8 - 14 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 32% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 10% more

new Product Development Engineer salary at Jairaj Ancillaries ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Jairaj Ancillaries.

Experience wise Jairaj Ancillaries new Product Development Engineer salaries

Last Updated: 1 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Jairaj Ancillaries

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Production Manager Salary

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Design Engineer Salary

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₹1.8 L/yr - ₹2.3 L/yr

Mechanical Engineer Salary

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₹2.3 L/yr - ₹2.9 L/yr

Senior Engineer Salary

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₹4 L/yr - ₹6.5 L/yr

Production Supervisor Salary

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₹2.4 L/yr - ₹3.1 L/yr

Quality Engineer Salary

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₹1.8 L/yr - ₹4.4 L/yr

Junior Engineer Salary

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₹2.2 L/yr - ₹2.8 L/yr

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Salary related reviews for Jairaj Ancillaries

Senior Plant Manager in Gujarat

Quality Assurance Department

1.0

• posted on 02 Feb 2022

1.0

for Salary and Benefits

Likes

Worst organization.nothing like,Zero rating

Dislikes

...office person ,junior inspector helper no value of Plant manager..200%lala chap.every time top most senior person taking about penalty and deduction of salary.no plant manager stay here max 6month,no enough qualified staff.

Salary - Bad

+6 more

QA Engineer in Faridabad

Quality Assurance Department

5.0

• posted on 05 Nov 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology .I love the fact that I am the part or a team that market reliable ,high quality products and has a global clientbase.another plus point is that my colleague comes from various cultural background.and we work happily in collaboration,I also like the employee re hire policy here.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slowly .The work pressure is very high.i have to work 12-14 hours straight in a day.manager do not value an individual unique strength,which is why i have to take back my suggestion most of the time.

Senior Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 05 Aug 2021

1.0

for Salary and Benefits

Likes

There is nothing to like. No word values of MD and only fake commitments are made. They don't want to give salaries, full and finals remain pending on there side of various employees. Pathetic work culture. I don't even recommend my enemies to go for job in Jairaj group

Dislikes

Salary - Bad
Job security - Bad

+4 more

Plant Manager in Rudrapur

Manufacturing Department

4.0

• posted on 11 Jul 2018

4.0

for Salary and Benefits

Likes

Good work culture, CFT for problem solving,External trainer hired for training.

Salary - Good

+6 more

Dislikes

CFT culture is there,GEMBA approach for problem solving,External trainer hired for training, work Environment is good.lean system is there.

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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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Jairaj Ancillaries new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Jairaj Ancillaries in India?

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

Experience	Average Salary Range
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Jairaj Ancillaries new Product Development Engineer Salaries

Jairaj Ancillaries new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Jairaj Ancillaries latest salaries received from various employees of Jairaj Ancillaries.