JBM Group Product Development Engineer Salaries by 5 Employees

0 - 4 years exp.

₹2 Lakhs - ₹2.7 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Product Development Engineer Salary in Auto Components Companies for 0 - 4 years of experience

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Last Updated: 11 Aug 2023

Companies similar to JBM Group for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Faurecia Product Development Engineer Salary 5 - 16 years exp. (11 salaries)	₹8 L/yr - ₹16.5 L/yr 389% more
Pricol Product Development Engineer Salary 3 - 7 years exp. (8 salaries)	₹2.5 L/yr - ₹6.8 L/yr 60% more
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Apollo Tyres Product Development Engineer Salary 2 - 11 years exp. (7 salaries)	₹3 L/yr - ₹11.4 L/yr 194% more
L.G.Balakrishnan & Bros Product Development Engineer Salary 3 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹5.6 L/yr 29% more
Root Industries Product Development Engineer Salary 2 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 15% more
Endurance Technologies Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 74% more
TVS Sundram Fasteners Product Development Engineer Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 97% more
Delphi TVS Product Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 9% less
CIE Automotive Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 26% more
UNO Minda Product Development Engineer Salary 1 - 8 years exp. (3 salaries)	₹6.4 L/yr - ₹6.5 L/yr 164% more
Motherson Automotive Technologies and Engineering Product Development Engineer Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 40% more
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Product Development Engineer salary at JBM Group ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of JBM Group.

Experience wise JBM Group Product Development Engineer salaries

Last Updated: 11 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

Similar Designation salaries in JBM Group

New Product Development Engineer Salary

(34 salaries)

₹1.8 L/yr - ₹5.7 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Production Engineer Salary

(325 salaries)

₹1.1 L/yr - ₹6 L/yr

Product Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹4.2 L/yr

Project Engineer Salary

(9 salaries)

₹2.5 L/yr - ₹5.2 L/yr

Senior Design Engineer Salary

(13 salaries)

₹4.5 L/yr - ₹8.4 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Engineer Salary

(18 salaries)

₹1.98 L/yr - ₹4 L/yr

Production Manager Salary

(29 salaries)

₹7.04 L/yr - ₹19.75 L/yr

Design Engineer Salary

(48 salaries)

₹2 L/yr - ₹8.3 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.

see more salary related reviews

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JBM Group Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at JBM Group ?

The average salary of a Product Development Engineer at JBM Group in India typically ranges from ₹2.0 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Product Development Engineer at JBM Group earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Product Development Engineer Salaries at JBM Group 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 JBM Group employees in India.

What is the estimated take home salary of a Product Development Engineer at JBM Group in India?

The estimated take-home salary of a Product Development Engineer at JBM Group in India typically ranges from ₹16,977 to ₹18,685 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from Fresher to 4 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 JBM Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than JBM Group for Product Development Engineer in India?

Faurecia	₹8.0 Lakhs to ₹16.5 Lakhs per year
Apollo Tyres	₹3.0 Lakhs to ₹11.4 Lakhs per year
UNO Minda	₹6.4 Lakhs to ₹6.5 Lakhs per year
TVS Sundram Fasteners	₹3.0 Lakhs to ₹6.5 Lakhs per year
Endurance Technologies	₹3.0 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Product Development Engineer in companies similar to JBM Group in India?

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

Pricol	₹2.5 Lakhs to ₹6.8 Lakhs per year
Motherson Automotive Technologies and Engineering	₹3.0 Lakhs to ₹4.2 Lakhs per year
L.G.Balakrishnan & Bros	₹2.5 Lakhs to ₹5.6 Lakhs per year
CIE Automotive	₹2.5 Lakhs to ₹3.8 Lakhs per year
Root Industries	₹2.5 Lakhs to ₹3.0 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 Product Development Engineer at JBM Group in India?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹2.5 Lakhs per year
1 year	₹1.0 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.0 Lakhs to ₹4.4 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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JBM Group Product Development Engineer Salaries

JBM Group Product Development Engineer salary in India ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 JBM Group latest salaries received from various employees of JBM Group.