Maxwell Energy Systems Hardware Design Engineer Salaries by 6 Employees (Updated 2025)

0 - 2 years exp.

₹2.9 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Hardware Design Engineer Salary for 0 - 2 years of experience

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Last Updated: 12 Feb 2025

Companies similar to Maxwell Energy Systems for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (272 salaries)	₹2 L/yr - ₹10.5 L/yr 17% less
VVDN Technologies Hardware Design Engineer Salary 1 - 4 years exp. (135 salaries)	₹3.2 L/yr - ₹8.5 L/yr 28% less
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L&T Technology Services Hardware Design Engineer Salary 2 - 5 years exp. (80 salaries)	₹3.3 L/yr - ₹8.5 L/yr 20% less
Valeo Hardware Design Engineer Salary 3 - 7 years exp. (80 salaries)	₹6 L/yr - ₹15 L/yr 41% more
Bosch Global Software Technologies Hardware Design Engineer Salary 1 - 5 years exp. (75 salaries)	₹5 L/yr - ₹13.5 L/yr 15% more

Hardware Design Engineer salary at Maxwell Energy Systems ranges between ₹2.9 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Maxwell Energy Systems.

Experience wise Maxwell Energy Systems Hardware Design Engineer salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹7 L/yr
1 year (3 salaries)	₹3 L/yr - ₹12 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.5 L/yr

Similar Designation salaries in Maxwell Energy Systems

Design Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Junior Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹9.3 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Top skills at Maxwell Energy Systems for Hardware Design Engineer

Simulation Electrical Design Circuit Designing Hardware Design Automotive thermal Prototype EMI Product Design Power Electronics

Salary related reviews for Maxwell Energy Systems

3.4

Rated by 3 employees for salary & benefits

Engineering Manager in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Good hardworking junior engineers who work hard inspite of no clear direction from managment. Might get to work with new age EV OEMs.

Dislikes

- No clear vision of the company. - Extremely hostile culture where only few employees close to founders are listened to. - Management change their stratgey every month. - Financial crisis has led to many layoffs with no proper process. - Do your research well before joining.

Salary - Bad

+6 more

Applications Engineer in Mumbai

Full Time

Research & Development Department

2.0

• posted on 24 Dec 2023

4.0

for Salary and Benefits

Likes

No one is bossy around you and you are always learning something new.

Salary - Good

+1 more

Dislikes

Very third grade customers to deal with. Unrealistic timelines. No attention by managers on problems. Company is highly unstable and has ‘hire and fire’ approach.

Job security - Bad

+2 more

Senior Hardware Verification Engineer in Mumbai

Full Time

Other Department

3.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

Good working environment Work location is in Andheri and good options for travel Good exposure because new projects

Salary - Good

+3 more

Dislikes

DVP timelines are stringent and to mate timelines/deadlines, you need to work on. Saturday Sundays, but complimentary offs are available against it.

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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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Maxwell Energy Systems Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Maxwell Energy Systems ?

The average salary of a Hardware Design Engineer at Maxwell Energy Systems in India typically ranges from ₹2.9 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Hardware Design Engineer at Maxwell Energy Systems earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Hardware Design Engineer Salaries at Maxwell Energy Systems 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 6 Maxwell Energy Systems employees in India.

What is the estimated take home salary of a Hardware Design Engineer at Maxwell Energy Systems in India?

The estimated take-home salary of a Hardware Design Engineer at Maxwell Energy Systems in India typically ranges from ₹55,233 to ₹56,615 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 6 salaries received from various employees of Maxwell Energy Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Hardware Design Engineer at Maxwell Energy Systems ?

To be a Hardware Design Engineer at Maxwell Energy Systems in india, the key skills required include:

- Simulation
- Electrical Design
- Circuit Designing
- Hardware Design
- Automotive

These skills are highly valued at Maxwell Energy Systems and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Maxwell Energy Systems for Hardware Design Engineer in India?

Valeo	₹6.0 Lakhs to ₹15.0 Lakhs per year
Bosch Global Software Technologies	₹5.0 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Hardware Design Engineer in companies similar to Maxwell Energy Systems in India?

The salary of a Hardware Design Engineer at companies similar to Maxwell Energy Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HCLTech	₹2.0 Lakhs to ₹10.5 Lakhs per year
L&T Technology Services	₹3.3 Lakhs to ₹8.5 Lakhs per year
VVDN Technologies	₹3.2 Lakhs to ₹8.5 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 Hardware Design Engineer at Maxwell Energy Systems in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹7.0 Lakhs per year
1 year	₹3.0 Lakhs to ₹12.0 Lakhs per year
2 years	₹10.0 Lakhs to ₹21.5 Lakhs per year

and so on.

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Maxwell Energy Systems Hardware Design Engineer Salaries

Maxwell Energy Systems Hardware Design Engineer salary in India ranges between ₹2.9 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Maxwell Energy Systems latest salaries received from various employees of Maxwell Energy Systems.