Kyoritsu Electric Pune Hardware Design Engineer Salaries by 3 Employees

3 - 6 years exp.

₹4.5 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

28% less than the average Hardware Design Engineer Salary for 3 - 6 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Hardware Design Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr
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Research & Development Hardware Design Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 16 Dec 2024

Companies similar to Kyoritsu Electric for Hardware Design Engineer in Pune

Kyoritsu Electric Hardware Design Engineer Salary

3 - 6 years exp. (3 salaries)

₹4.5 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Spark Minda Hardware Design Engineer Salary 0 - 6 years exp. (14 salaries)	₹2.5 L/yr - ₹9 L/yr 20% more
TCS Hardware Design Engineer Salary 1 - 8 years exp. (14 salaries)	₹3.8 L/yr - ₹10.5 L/yr 26% more
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HCLTech Hardware Design Engineer Salary 1 - 5 years exp. (12 salaries)	₹5 L/yr - ₹6.1 L/yr 21% more
Varroc Group Hardware Design Engineer Salary 1 - 6 years exp. (11 salaries)	₹5.2 L/yr - ₹12 L/yr 87% more
Einfochips Hardware Design Engineer Salary 2 - 6 years exp. (10 salaries)	₹5.7 L/yr - ₹11 L/yr 65% more

Hardware Design Engineer salary at Kyoritsu Electric ranges between ₹4.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Kyoritsu Electric.

Experience wise Kyoritsu Electric Hardware Design Engineer salaries in Pune

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

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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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Kyoritsu Electric Hardware Design Engineer Salary FAQs

How the salary growth look like for a Hardware Design Engineer at Kyoritsu Electric in Pune?

The salary growth for a Hardware Design Engineer at Kyoritsu Electric in Pune depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer in Pune can expect the following growth trajectory at Kyoritsu Electric:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Kyoritsu Electric Hardware Design Engineer Salaries in Pune

Kyoritsu Electric Hardware Design Engineer salary in Pune ranges between ₹4.5 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kyoritsu Electric latest salaries received from various employees of Kyoritsu Electric.