Lear Corporation Product Development Engineer Salaries by 8 Employees

1 - 4 years exp.

₹5.5 Lakhs - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Product Development Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lear Corporation for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2 L/yr - ₹6.5 L/yr 21% less
Pricol Product Development Engineer Salary 3 - 7 years exp. (8 salaries)	₹2.5 L/yr - ₹6.8 L/yr 34% less
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Bosch Product Development Engineer Salary 0 - 3 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 9% less
L.G.Balakrishnan & Bros Product Development Engineer Salary 3 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹5.6 L/yr 47% less
JBM Group Product Development Engineer Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr 59% less
Amara Raja Group Product Development Engineer Salary 1 - 6 years exp. (5 salaries)	₹3.6 L/yr - ₹5.5 L/yr 29% less
Endurance Technologies Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 28% less
TVS Sundram Fasteners Product Development Engineer Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 19% less
Varroc Group Product Development Engineer Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 6% less
CIE Automotive Product Development Engineer Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr 48% less
Steel Strips Wheels Product Development Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 45% less
Login to view exact salary
SKF Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹10 L/yr - ₹14.1 L/yr 91% more

Product Development Engineer salary at Lear Corporation ranges between ₹5.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Lear Corporation.

Experience wise Lear Corporation Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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3 years (3 salaries)	₹5.5 L/yr - ₹10.7 L/yr
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Lear Corporation

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Production Engineer Salary

(14 salaries)

₹1.7 L/yr - ₹3.65 L/yr

Product Engineer Salary

(29 salaries)

₹4.5 L/yr - ₹14 L/yr

Project Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹4 L/yr

Senior Design Engineer Salary

(68 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Assistant Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹2.7 L/yr

Production Manager Salary

(4 salaries)

₹10.3 L/yr - ₹15.5 L/yr

Design Engineer Salary

(143 salaries)

₹3 L/yr - ₹9 L/yr

Software Engineer Salary

(16 salaries)

₹4.35 L/yr - ₹15 L/yr

Salary related reviews for Lear Corporation

1.2

Rated by 2 employees for salary & benefits

Lead Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 27 May 2023

2.0

for Salary and Benefits

Likes

Food with very cheap price

Job security - Good

Dislikes

...ojects -Managers are working from home and asking juniors to work from office -Salary standard is not as per market standards -Poor work life balance - No budget for team activities, cultural activities - Seniors/Managers are taking credit for work - Managers with Poor technical knowledge - Not good for freshers, they are getting used for unit testing, integration testing and documentation, no development work for them.

Salary - Poor

+3 more

Deputy Manager HR in Pune

Full Time

Human Resources Department

1.0

• posted on 16 May 2018

1.0

for Salary and Benefits

Likes

Salary structure is decisive Backbiting politics works a lot You have to lobby have to be in favoritism for visibility and opportunities

Dislikes

Poor management and politically corrupt organization. No professional approach Lear is a brand but the people have made it bad

Salary - Bad

+5 more

Quality Inspector in Nashik

Quality Assurance Department

5.0

• posted on 21 Nov 2020

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Dislikes

For the last fifteen years I have been working in the quality departmentNow that I've been transferred to another.Didn't I do a good job That's why I did it.I don't like it

Executive Engineer in Pune

Research & Development Department

3.0

• posted on 29 Jul 2020

2.0

for Salary and Benefits

Likes

Good work culture.Teammates are really supportive. Company policies are holding good points to maintain work life balance.Company is fully supporting employees to work from home in this pandemic situation to stay safe with their families.

Job security - Good

+1 more

Dislikes

Talking about appraisals, hike and bonus, its really poor.Could not see career growth.

Salary - Poor

+2 more

Team Lead in Halol

Production Department

5.0

• posted on 01 Apr 2021

4.0

for Salary and Benefits

Likes

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

Salary - Good

+6 more

Dislikes

I like lear

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Lear Corporation Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Lear Corporation ?

The average salary of a Product Development Engineer at Lear Corporation in India typically ranges from ₹5.5 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Product Development Engineer at Lear Corporation earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Product Development Engineer Salaries at Lear Corporation 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 8 Lear Corporation employees in India.

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

The estimated take-home salary of a Product Development Engineer at Lear Corporation in India typically ranges from ₹44,985 to ₹46,076 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of Lear Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lear Corporation for Product Development Engineer in India?

SKF	₹10.0 Lakhs to ₹14.1 Lakhs per year

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

What is the salary of a Product Development Engineer in companies similar to Lear Corporation in India?

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

Varroc Group	₹2.5 Lakhs to ₹7.0 Lakhs per year
Bosch	₹3.0 Lakhs to ₹10.0 Lakhs per year
TVS Sundram Fasteners	₹3.0 Lakhs to ₹6.5 Lakhs per year
Samvardhana Motherson Group	₹2.0 Lakhs to ₹6.5 Lakhs per year
Endurance Technologies	₹3.0 Lakhs to ₹5.5 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 Lear Corporation in India?

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

Experience	Average Salary Range
1 year	₹5.3 Lakhs to ₹6.8 Lakhs per year
2 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
3 years	₹5.5 Lakhs to ₹10.7 Lakhs per year
4 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Lear Corporation Product Development Engineer Salaries

Lear Corporation Product Development Engineer salary in India ranges between ₹5.5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lear Corporation latest salaries received from various employees of Lear Corporation.

Lear Corporation Product Development Engineer salaries in India

Companies similar to Lear Corporation for Product Development Engineer

Latest annual salaries shared by Lear Corporation Product Development Engineer

Experience wise Lear Corporation Product Development Engineer salaries

Similar Designation salaries in Lear Corporation

Salary related reviews for Lear Corporation

Lead Software Engineer in Pune

Deputy Manager HR in Pune

Quality Inspector in Nashik

Executive Engineer in Pune

Team Lead in Halol

Lear Corporation Product Development Engineer Salary FAQs

Tell us how to improve this page.