Meritor Hvs Design Engineer Salaries by 30+ Employees

1 - 9 years exp.

₹3.8 Lakhs - ₹7.5 Lakhs

Salary of majority employees

5% more than the average Design Engineer Salary for 1 - 9 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 1 - 9 years exp. (30 salaries)	₹3.8 L/yr - ₹7.5 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.7 L/yr

Last Updated: 12 Apr 2024

Companies similar to Meritor Hvs for Design Engineer

Company name	Avg Annual Salary	Open Jobs
ITC Infotech Design Engineer Salary 1 - 9 years exp. (168 salaries)	₹3 L/yr - ₹8.5 L/yr 2% more
JCB Design Engineer Salary 2 - 7 years exp. (161 salaries)	₹3.1 L/yr - ₹10 L/yr 20% more
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BT Business Design Engineer Salary 3 - 10 years exp. (89 salaries)	₹8.5 L/yr - ₹26 L/yr 244% more
Tata Communications Transformation Services Design Engineer Salary 1 - 10 years exp. (7 salaries)	₹2.4 L/yr - ₹6.6 L/yr 25% less
HTC Global Services Design Engineer Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹19 L/yr 62% more
Temenos Design Engineer Salary 0 - 6 years exp. (3 salaries)	₹5 L/yr - ₹14.4 L/yr 99% more
Swiggy Design Engineer Salary Fresher (3 salaries)	₹12 L/yr - ₹20 L/yr 179% more

Design Engineer salary at Meritor Hvs ranges between ₹3.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 35 latest salaries received from various employees of Meritor Hvs.

Experience wise Meritor Hvs Design Engineer salaries

Last Updated: 12 Apr 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr
2 years (5 salaries)	₹4 L/yr - ₹4.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5 L/yr
4 years (8 salaries)	₹4.1 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹4.6 L/yr - ₹6.1 L/yr
6 years (4 salaries)	₹5.1 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Meritor Hvs

Senior Engineer Salary

(6 salaries)

₹4.5 L/yr - ₹9.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Design Engineer Salary

(17 salaries)

₹5.55 L/yr - ₹16.87 L/yr

Project Engineer Salary

(3 salaries)

₹15 L/yr - ₹17.3 L/yr

Product Design Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Deputy Manager Salary

(5 salaries)

₹9.05 L/yr - ₹13.5 L/yr

Senior Mechanical Design Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Meritor Hvs

1.5

Rated by 5 employees for salary & benefits

TSR in Gwalior

Full Time

Marketing & Communication Department

5.0

• posted on 26 May 2024

4.0

for Salary and Benefits

Likes

In Meritor company, all the senior officers are very good and there is always something new to learn. A lot of information is given in the monthly review meeting or guidance is also given on how to improve sales.

Salary - Good

+6 more

Dislikes

No any

Senior Engineer in Mysuru / Mysore

Production, Manufacturing & Engineering Department

1.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Program management has a wonderful leader ,who is growing his team and employees are happy in that department

Dislikes

Worst work culture ,the engineering & the HR department are headed by a bunch of highly demotivating people who only look at their personal growth .Employees are literally treated like trash.

Salary - Bad

+6 more

Design Engineer in Bangalore / Bengaluru

Research & Development Department

4.0

• posted on 03 Jan 2020

3.0

for Salary and Benefits

Likes

Itâ€™s nice to be a part of Meritor, need to look for new and look for opportunities then only growth. If you are idle nothing can happens.

Skill development - Good

+1 more

Dislikes

Need to give good opportunities for employees and strengthen their skills..

Job security - Poor

+1 more

Design Engineer in Bangalore / Bengaluru

Research & Development Department

3.0

• posted on 15 Mar 2019

2.0

for Salary and Benefits

Likes

Few projects which was actual technical and challenging.

Dislikes

Casteism!! Majority of managers belongs to one particular caste and very difficult to find growth if you don't belong to that caste. Not a happy environment.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

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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Meritor Hvs Design Engineer Salary FAQs

What is the salary of Design Engineer at Meritor Hvs ?

The average salary of a Design Engineer at Meritor Hvs in India typically ranges from ₹3.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Design Engineer at Meritor Hvs earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Design Engineer Salaries at Meritor Hvs 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 30+ Meritor Hvs employees in India.

What is the estimated take home salary of a Design Engineer at Meritor Hvs in India?

The estimated take-home salary of a Design Engineer at Meritor Hvs in India typically ranges from ₹40,658 to ₹41,814 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 1 year to 9 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 30+ salaries received from various employees of Meritor Hvs. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Meritor Hvs for Design Engineer in India?

BT Business	₹8.5 Lakhs to ₹26.0 Lakhs per year
Swiggy	₹12.0 Lakhs to ₹20.0 Lakhs per year
Temenos	₹5.0 Lakhs to ₹14.4 Lakhs per year
HTC Global Services	₹3.0 Lakhs to ₹19.0 Lakhs per year
JCB	₹3.1 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Meritor Hvs in India?

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

ITC Infotech	₹3.0 Lakhs to ₹8.5 Lakhs per year
Tata Communications Transformation Services	₹2.4 Lakhs to ₹6.6 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 Design Engineer at Meritor Hvs in India?

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

Experience	Average Salary Range
1 year	₹3.8 Lakhs to ₹4.5 Lakhs per year
2 years	₹4.0 Lakhs to ₹4.9 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.5 Lakhs per year

and so on.

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Meritor Hvs Design Engineer Salaries

Meritor Hvs Design Engineer salary in India ranges between ₹3.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Meritor Hvs latest salaries received from various employees of Meritor Hvs.