Jyoti CNC Automation new Product Development Engineer Salaries by 5 Employees

3 - 5 years exp.

₹3.6 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 3 - 5 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 1 Sep 2024

Companies similar to Jyoti CNC Automation for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 3% more
ABB new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 9% more
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Thermax Limited new Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹6.3 L/yr - ₹10.6 L/yr 91% more
Pitti Engineering new Product Development Engineer Salary 10 - 13 years exp. (4 salaries)	₹4.8 L/yr - ₹5.7 L/yr 18% more
EMERSON PROCESS MANAGEMENT new Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 14% less
JNS Instruments new Product Development Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 36% less

new Product Development Engineer salary at Jyoti CNC Automation ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Jyoti CNC Automation.

Experience wise Jyoti CNC Automation new Product Development Engineer salaries

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in Jyoti CNC Automation

Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Development Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹6 L/yr

Production Engineer Salary

(7 salaries)

₹2.05 L/yr - ₹3.5 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Design Engineer Salary

(4 salaries)

₹6 L/yr - ₹7.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Design Engineer Salary

(56 salaries)

₹2.1 L/yr - ₹8 L/yr

Mechanical Engineer Salary

(16 salaries)

₹1.2 L/yr - ₹5.9 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Senior Engineer Salary

(36 salaries)

₹3 L/yr - ₹8.5 L/yr

Salary related reviews for Jyoti CNC Automation

Junior Engineer in Rajkot

Full Time

Research & Development Department

5.0

• posted on 22 Apr 2021

3.0

for Salary and Benefits

Likes

Work culture makes us feel like family which indirectly push us to work hard for family.Their success becomes our part.

Skill development - Excellent

+5 more

Dislikes

Management could somehow not make proper schedule for monthly salary.Apart from that,Increment policy also plays role in the same.

Technical Sales Engineer in Rajkot

Full Time

Sales & Business Development Department

5.0

• posted on 10 Jul 2024

2.0

for Salary and Benefits

Likes

Overall work best experience with team and company focus on skill development And almost zero politics. Company providing good food and transportation facilities.. Jyoti is best for freshers if they don't need money. Because I also take knowledge of automation and CNC machine...

Skill development - Good

+4 more

Dislikes

...y don't say anything when we do free overtime so many times for emergency works. Your food and transportation payment will be deducte in CTC if you not use both facilities in this case you also pay for both. and overall sallary hike after 1 year is approx negotiable when I have total 2 year of experience But they give more pay to fresher because any freshers don't won't to join this company overall payout is too much low as per experience and colifecatiom.

Salary - Poor

+1 more

Sales Engineer in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 06 Mar 2025

3.0

for Salary and Benefits

Likes

Brand

Job security - Good

Dislikes

Company Culture Behavior Of Boss/Manager Cost Cutting Everywhere No Trust on Newly Joimed Employees No Freedom for work No flexibility in working time for field employees It must be an School, not company

Skill development - Bad

+3 more

Engineer in Rajkot

Full Time

Research & Development Department

1.0

• posted on 04 Aug 2024

1.0

for Salary and Benefits

Likes

Fresher can learn many things if they get good manager.

Job security - Excellent

Dislikes

They don't want you to do R&D in R&D Department. Everything is urgent. But, salary and appraisal are always delayed. Your manager micromanages on you. Always keep an eye on you. When you ask for leave they always want to know the reason in detail and try to not let you go.

Salary - Bad

+5 more

Senior Sales Engineer in Thane

Full Time

Sales & Business Development Department

4.0

• posted on 04 Apr 2023

3.0

for Salary and Benefits

Likes

At branch level work environment can vary from branch to branch. In Mumbai work culture is good as compare to other branches. Flexible working hours.

Skill development - Excellent

+4 more

Dislikes

Career growth is slow, do not get appraisal every year. Salary cycle is not fixed. No health insurance provided.

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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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Jyoti CNC Automation new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Jyoti CNC Automation ?

The average salary of a new Product Development Engineer at Jyoti CNC Automation in India typically ranges from ₹3.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of new Product Development Engineer at Jyoti CNC Automation earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. new Product Development Engineer Salaries at Jyoti CNC Automation 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 Jyoti CNC Automation employees in India.

What is the estimated take home salary of a new Product Development Engineer at Jyoti CNC Automation in India?

The estimated take-home salary of a new Product Development Engineer at Jyoti CNC Automation in India typically ranges from ₹33,990 to ₹35,245 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 Jyoti CNC Automation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Jyoti CNC Automation for new Product Development Engineer in India?

Thermax Limited	₹6.3 Lakhs to ₹10.6 Lakhs per year
Pitti Engineering	₹4.8 Lakhs to ₹5.7 Lakhs per year
ABB	₹4.5 Lakhs to ₹5.3 Lakhs per year
Lakshmi Machine Works	₹4.0 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a new Product Development Engineer in companies similar to Jyoti CNC Automation in India?

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

EMERSON PROCESS MANAGEMENT	₹3.6 Lakhs to ₹4.6 Lakhs per year
JNS Instruments	₹2.8 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 new Product Development Engineer at Jyoti CNC Automation in India?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Jyoti CNC Automation new Product Development Engineer Salaries

Jyoti CNC Automation new Product Development Engineer salary in India ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Jyoti CNC Automation latest salaries received from various employees of Jyoti CNC Automation.