Matchwell Engineering Development Engineer Salaries by 5 Employees

0 - 4 years exp.

₹3.2 Lakhs - ₹4.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

57% less than the average Development Engineer Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Salaries in different departments

Research & Development Development Engineer Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Engineering - Hardware & Networks Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr
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Production, Manufacturing & Engineering Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 28 Feb 2024

Companies similar to Matchwell Engineering for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Europa Locks Development Engineer Salary 0 - 6 years exp. (42 salaries)	₹2.7 L/yr - ₹7.5 L/yr 17% more
The Acetech Machinery Components Development Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2.4 L/yr 45% less
Login to view exact salary
Calsoft Development Engineer Salary 0 - 4 years exp. (344 salaries)	₹3 L/yr - ₹10.5 L/yr 70% more
Signify Development Engineer Salary 2 - 12 years exp. (206 salaries)	₹9 L/yr - ₹37 L/yr 499% more
Comcast Development Engineer Salary 1 - 7 years exp. (117 salaries)	₹6.5 L/yr - ₹22.1 L/yr 262% more	25 job openings

Development Engineer salary at Matchwell Engineering ranges between ₹3.2 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Matchwell Engineering.

Experience wise Matchwell Engineering Development Engineer salaries

Last Updated: 28 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.8 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.3 L/yr

Similar Designation salaries in Matchwell Engineering

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Design Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

(5 salaries)

₹3.2 L/yr - ₹7.5 L/yr

Quality Engineer Salary

(25 salaries)

₹1.92 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.7 L/yr

Production Engineer Salary

(6 salaries)

₹1.9 L/yr - ₹3.25 L/yr

Junior Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Matchwell Engineering

4.0

Rated by 1 employees for salary & benefits

Production Supervisor in Pune

Manufacturing Unit 3 Department

2.0

• posted on 24 Nov 2021

1.0

for Salary and Benefits

Likes

On time salary

Dislikes

No madical policy No any increment Low diwali bonus Less work life balance Very poor work environment Poor management No transport No canteen facilities No training regarding work

Salary - Bad

+6 more

PLATING DEPARTMENT INCHARGE AND LAB ASSISTANT INCHARGE in Trveninagar Nigadi Pune

Research & Development Department

2.0

• posted on 19 Jul 2020

1.0

for Salary and Benefits

Likes

I only like teamwork .

Skill development - Good

Dislikes

No, I am happy working with matchwell group. Most of things I will learn from this group like leadership ,communication , planning most of important things are responsibility of our work and how do work with works as team. Thanks to matchwell group.

Salary - Bad

+5 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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Matchwell Engineering Development Engineer Salary FAQs

What is the salary of Development Engineer at Matchwell Engineering ?

The average salary of a Development Engineer at Matchwell Engineering in India typically ranges from ₹3.2 Lakhs to ₹4.7 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Development Engineer at Matchwell Engineering earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Development Engineer Salaries at Matchwell Engineering 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 Matchwell Engineering employees in India.

What is the estimated take home salary of a Development Engineer at Matchwell Engineering in India?

The estimated take-home salary of a Development Engineer at Matchwell Engineering in India typically ranges from ₹26,462 to ₹27,879 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from Fresher 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 Matchwell Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Matchwell Engineering for Development Engineer in India?

Signify	₹9.0 Lakhs to ₹37.0 Lakhs per year
Comcast	₹6.5 Lakhs to ₹22.1 Lakhs per year
Calsoft	₹3.0 Lakhs to ₹10.5 Lakhs per year
Europa Locks	₹2.7 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Development Engineer in companies similar to Matchwell Engineering in India?

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

The Acetech Machinery Components

₹1.5 Lakhs to ₹2.4 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 Development Engineer at Matchwell Engineering in India?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹5.8 Lakhs per year
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹3.4 Lakhs to ₹6.5 Lakhs per year
3 years	₹3.8 Lakhs to ₹4.7 Lakhs per year

and so on.

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Matchwell Engineering Development Engineer Salaries

Matchwell Engineering Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Matchwell Engineering latest salaries received from various employees of Matchwell Engineering.