JBM Group Nashik new Product Development Engineer Salaries by 3 Employees (Updated 2025)

3 - 4 years exp.

₹3 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

9% less than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 4 years of experience

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Last Updated: 22 May 2024

Companies similar to JBM Group for new Product Development Engineer in Nashik

JBM Group new Product Development Engineer Salary

3 - 4 years exp. (3 salaries)

₹3 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra new Product Development Engineer Salary 2 - 12 years exp. (3 salaries)	₹4.2 L/yr - ₹7.4 L/yr 64% more
Ukay Metal Industries new Product Development Engineer Salary 0 - 9 years exp. (7 salaries)	₹2 L/yr - ₹6 L/yr 17% more
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Sharda Motor Industries new Product Development Engineer Salary 1 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹4.5 L/yr 2% more
MD Industries new Product Development Engineer Salary 2 - 9 years exp. (6 salaries)	₹2 L/yr - ₹4.6 L/yr 2% more
Right Tight Fasteners new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹3 L/yr 26% less

new Product Development Engineer salary at JBM Group ranges between ₹3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of JBM Group.

Experience wise JBM Group new Product Development Engineer salaries in Nashik

Last Updated: 22 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr

Similar Designation salaries in JBM Group

Design & Development Engineer Salary

(3 salaries)

₹3.4 L/yr - ₹5 L/yr

Salary related reviews for JBM Group

Mechanical Engineer in Pune

Full Time

Media Production & Entertainment Department

2.0

• posted on 17 Oct 2024

2.0

for Salary and Benefits

Likes

JBM has Job Security

Job security - Good

Dislikes

Work culture is worse here in JBM Chakan plant, Salary hike after GET is very less comparatively to Minda and other tire 1 companies. In Minda GET becomes Senior Engineer but here in JBM they promote GET to Engineer. They hire the same post of enginer with 1 yr experienced a lot better salary than the GET they promote. They hire new Engineer with 1 yr experience on 35-40k /month but the GET who promoted to Engineer they pay only 27k per month.

Salary - Poor

+5 more

Deputy Manager in Faridabad

Full Time

Quality Assurance Department

5.0

• posted on 16 Jul 2024

4.0

for Salary and Benefits

Likes

...s (DGM) have supported me for learning and taking the lead at various platforms. 3) In terms of salary they are one of the best, if you are performing management will always try not to leave you, they full fill the commitment. 4) Being new OEM, company is trying to meet other OEM culture, recently alternate Saturday off initiated

Salary - Good

+5 more

Dislikes

1) Canteen & Transportation facility yet to be started. 2) HR policies needs to be slightly improved, although improvement is there but pace is very slow.

Deputy Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 05 Jan 2022

3.0

for Salary and Benefits

Likes

... is very transparent, company policies are very good, open platform for work, Company provide sallery and bonus on time every year.

Skill development - Excellent

+4 more

Dislikes

Carrier financial growth is slow. From last 2 year a lot of politics developed inside. And due to this a lot of restrictions occur to survive a work oriented person in JBM and the frequency is in increasing mode with great rate.

Junior Engineer in Haridwar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jul 2019

3.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Excellent

+4 more

Dislikes

Compensation is decent but growth is slow.the work pressure is very high sometimes.i have to work 11-12 hr.parday managers do not value an individuals unique strength,i have to take back my suggestions most of the times

Junior Engineer in Vithalapur Gujrat

Quality Engineering & Assurance Department

4.0

• posted on 15 May 2022

3.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling.company policies are good,appraisals are fair they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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JBM Group new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at JBM Group in Nashik?

According to AmbitionBox, 67% of the JBM Group new Product Development Engineers in Nashik reported a notice period of More than 3 months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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JBM Group new Product Development Engineer Salaries in Nashik

JBM Group new Product Development Engineer salary in Nashik ranges between ₹3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 JBM Group latest salaries received from various employees of JBM Group.