JBM Group Pune Product Development Executive Salaries by 3 Employees

1 - 3 years exp.

₹2.7 Lakhs - ₹5.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Product Development Executive Salary in Auto Components Companies for 1 - 3 years of experience

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Last Updated: 14 Mar 2023

Companies similar to JBM Group for Product Development Executive in Pune

JBM Group Product Development Executive Salary

1 - 3 years exp. (3 salaries)

₹2.7 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Mungi Group Product Development Executive Salary 2 - 6 years exp. (8 salaries)	₹3.2 L/yr - ₹4.3 L/yr 4% less
Fleetguard Filters Product Development Executive Salary 5 - 8 years exp. (5 salaries)	₹6.6 L/yr - ₹9.5 L/yr 107% more
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Nichrome Product Development Executive Salary 2 - 6 years exp. (5 salaries)	₹3.1 L/yr - ₹5.3 L/yr 6% more
Tata Motors Product Development Executive Salary 5 - 17 years exp. (4 salaries)	₹4.5 L/yr - ₹13 L/yr 151% more
Fiserv Product Development Executive Salary 6 - 9 years exp. (4 salaries)	₹6 L/yr - ₹8.1 L/yr 96% more

Product Development Executive salary at JBM Group ranges between ₹2.7 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of JBM Group.

Experience wise JBM Group Product Development Executive salaries in Pune

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in JBM Group

Production Engineer Salary

(17 salaries)

₹1.3 L/yr - ₹5 L/yr

Production Supervisor Salary

(7 salaries)

₹2.64 L/yr - ₹4 L/yr

Project Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.9 L/yr

Production Manager Salary

(3 salaries)

₹11.86 L/yr - ₹19.75 L/yr

New Product Development Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹4.2 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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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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JBM Group Product Development Executive Salary FAQs

How the salary growth look like for a Product Development Executive at JBM Group in Pune?

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

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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JBM Group Product Development Executive Salaries in Pune

JBM Group Product Development Executive salary in Pune ranges between ₹2.7 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 JBM Group latest salaries received from various employees of JBM Group.