Mahindra & Mahindra Pune R&D Engineer Salaries by 5 Employees

2 - 4 years exp.

₹2 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

67% less than the average R&D Engineer Salary in Automobile Companies for 2 - 4 years of experience

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Salaries in different departments

Research & Development R&D Engineer Salary 2 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹6.5 L/yr
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Production, Manufacturing & Engineering R&D Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr

Last Updated: 4 Nov 2024

Companies similar to Mahindra & Mahindra for R&D Engineer in Pune

Mahindra & Mahindra R&D Engineer Salary

2 - 4 years exp. (5 salaries)

₹2 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto R&D Engineer Salary 1 - 10 years exp. (126 salaries)	₹1.1 L/yr - ₹10 L/yr 54% more
Tata Motors R&D Engineer Salary 3 - 11 years exp. (10 salaries)	₹3 L/yr - ₹11.2 L/yr 74% more
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Dassault Systemes R&D Engineer Salary 2 - 8 years exp. (425 salaries)	₹6 L/yr - ₹25 L/yr 302% more
Ansys Software Private Limited R&D Engineer Salary 1 - 6 years exp. (31 salaries)	₹14 L/yr - ₹22 L/yr 414% more	4 job openings
Force Motors R&D Engineer Salary 1 - 10 years exp. (26 salaries)	₹3 L/yr - ₹7.5 L/yr 61% more

R&D Engineer salary at Mahindra & Mahindra ranges between ₹2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra R&D Engineer salaries in Pune

Last Updated: 4 Nov 2024

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

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Salary related reviews for Mahindra & Mahindra

Senior Software Engineer in Coimbatore

Full Time

Engineering - Software & QA Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

I only like work. Except for that work life balance is not good Compensation is ok Hike ok Overall company culture is not good

Skill development - Good

Dislikes

Company culture It feels like we worked for 3 yr but actually its 1.5 yr only. With this example I think you can guess what I'm trying to say.

Company culture - Bad

+1 more

Senior Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 07 Sep 2024

2.0

for Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

Salary - Poor

+6 more

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Senior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 04 Feb 2023

4.0

for Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

Salary - Good

+4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

Work-life balance - Poor

Design Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 May 2023

3.0

for Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

Skill development - Excellent

+3 more

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

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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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Mahindra & Mahindra R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Mahindra & Mahindra in Pune?

The average salary of a R&D Engineer at Mahindra & Mahindra in Pune typically ranges from ₹2.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of R&D Engineer in Pune at Mahindra & Mahindra earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. R&D Engineer Salaries at Mahindra & Mahindra 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 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a R&D Engineer at Mahindra & Mahindra in Pune?

The estimated take-home salary of a R&D Engineer at Mahindra & Mahindra in Pune typically ranges from ₹25,739 to ₹27,167 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years 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 5 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for R&D Engineer in India?

Ansys Software Private Limited	₹14.0 Lakhs to ₹22.0 Lakhs per year
Dassault Systemes	₹6.0 Lakhs to ₹25.0 Lakhs per year
Tata Motors	₹3.0 Lakhs to ₹11.2 Lakhs per year
Force Motors	₹3.0 Lakhs to ₹7.5 Lakhs per year
Bajaj Auto	₹1.1 Lakhs to ₹10.0 Lakhs per year

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

How the salary growth look like for a R&D Engineer at Mahindra & Mahindra in Pune?

The salary growth for a R&D Engineer at Mahindra & Mahindra in Pune depends on factors such as experience, performance, and promotions. On average, a R&D Engineer in Pune can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Mahindra & Mahindra R&D Engineer Salaries in Pune

Mahindra & Mahindra R&D Engineer salary in Pune ranges between ₹2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.