Madras Engineering Industries new Product Development Sr. Engineer Salaries by 2 Employees

16 - 17 years exp.

₹7.4 Lakhs - ₹9.4 Lakhs

Low Confidence

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Last Updated: 26 Oct 2023

Companies similar to Madras Engineering Industries for new Product Development Sr. Engineer

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Magneti Marelli Motherson Auto System new Product Development Sr. Engineer Salary 8 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹6.5 L/yr 30% less
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Estee Auto Pressings new Product Development Sr. Engineer Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 45% less
Bsc Rubber Industries new Product Development Sr. Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.2 L/yr 59% less
Steel Strips Wheels new Product Development Sr. Engineer Salary 7 - 10 years exp. (4 salaries)	₹5.3 L/yr - ₹7 L/yr 27% less

new Product Development Sr. Engineer salary at Madras Engineering Industries ranges between ₹7.4 Lakhs to ₹9.4 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of Madras Engineering Industries.

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Salary related reviews for Madras Engineering Industries

CNC Machine Operator in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

...to what's app group . target related work. Food veg , night shift food is waste. Salary is 10k or 12k , 1time food free, hr is totally waste. They well lately give my salary. I will cry at company because work pressure overload . Pls go to another company

Dislikes

Waste of time

Salary - Bad

+6 more

Assistant General Manager Sales & Marketing in Chennai

Sales & Business Development Department

5.0

• posted on 14 Dec 2021

5.0

for Salary and Benefits

Likes

...ellent company policies, Top management focus at all levels, Good place to grow. Decent salary and perks.

Salary - Excellent

+5 more

Dislikes

Everything is good except working with Head - Marketing is a tough job and so many people in the field & back office left the job due to his behaviour.

Job security - Poor

Graduate Engineer Trainee (Get) in Chennai

Research & Development Department

4.0

• posted on 26 Jun 2018

5.0

for Salary and Benefits

Likes

... a 10 years, i had very good opportunity to take their knowledge and experience.Salary is mush more than the other TVS companies.

Salary - Excellent

+5 more

Dislikes

Career growth is slow.

Quality Analyst in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Nov 2024

2.0

for Salary and Benefits

Likes

Good friends and Environment: Some say the environment is good and excellent Some say the culture and values are good That company

Skill development - Good

+4 more

Dislikes

have complained about low salaries, no bonuses, and no increments and giving heavy work

Salary - Poor

Senior Sales Officer in Udaipur

Full Time

Sales & Business Development Department

1.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Nothing is good here

Dislikes

Company is started making fool to people from sending health check up letter instead of offer letter. They don't provide you ctc in written president level person lie and show false data if you will not obey him. Harrasing the employees. Zonal head is make every day conference in every 3hours till midnight 11 behave like slave and management will hide his bad behavior by giving you false data.

Salary - Poor

+6 more

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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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Madras Engineering Industries new Product Development Sr. Engineer Salary FAQs

How the salary growth look like for a new Product Development Sr. Engineer at Madras Engineering Industries in India?

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

Experience	Average Salary Range
15 years	₹7.4 Lakhs to ₹9.4 Lakhs per year

and so on.

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Madras Engineering Industries new Product Development Sr. Engineer Salaries

Madras Engineering Industries new Product Development Sr. Engineer salary in India ranges between ₹7.4 Lakhs to ₹9.4 Lakhs. This is an estimate based on latest salaries received from employees of Madras Engineering Industries.