Milacron Senior Engineer Product Development Salaries by 4 Employees

8 - 11 years exp.

₹9 Lakhs - ₹19 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Senior Engineer Product Development Salary for 8 - 11 years of experience

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Last Updated: 8 Sep 2024

Companies similar to Milacron for Senior Engineer Product Development

Company name	Avg Annual Salary	Open Jobs
TCS Senior Engineer Product Development Salary 0 - 9 years exp. (8 salaries)	₹6.6 L/yr - ₹17.1 L/yr 22% less
LTIMindtree Senior Engineer Product Development Salary 2 - 7 years exp. (8 salaries)	₹7.8 L/yr - ₹34 L/yr 65% more
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DXC Technology Senior Engineer Product Development Salary 10 - 12 years exp. (4 salaries)	₹22 L/yr - ₹34 L/yr 109% more
Wipro Senior Engineer Product Development Salary 3 - 6 years exp. (4 salaries)	₹10.5 L/yr - ₹18 L/yr 7% more
HCLTech Senior Engineer Product Development Salary 6 - 14 years exp. (4 salaries)	₹9 L/yr - ₹22 L/yr 6% more
Tech Mahindra Senior Engineer Product Development Salary 5 - 13 years exp. (3 salaries)	₹9.8 L/yr - ₹31.8 L/yr 41% more
Deloitte Senior Engineer Product Development Salary 5 - 12 years exp. (3 salaries)	₹17.5 L/yr - ₹32 L/yr 99% more

Senior Engineer Product Development salary at Milacron ranges between ₹9 Lakhs to ₹19 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Milacron.

Experience wise Milacron Senior Engineer Product Development salaries

Last Updated: 8 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
11 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr

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Salary related reviews for Milacron

Associate Team Leader Purchase in Ahmedabad

Full Time

Procurement & Supply Chain Department

3.0

• posted on 04 Sep 2024

2.0

for Salary and Benefits

Likes

Location in city area

Job security - Good

Dislikes

Not getting full benefits of variable pay and Not getting proper increment every year., Not getting sufficient time to learn things and improve our self,. Getting additional work load of vacant position .

Salary - Poor

+2 more

Business Process Leader in Coimbatore

Finance Department

3.0

• posted on 05 Mar 2020

4.0

for Salary and Benefits

Likes

Compensation is decent as per market standards

Salary - Good

+1 more

Dislikes

It’s all about leadership should engage people with high motivation and pleasant environment which surely yield good quality deliverables for the organisation growth than do micro management on each aspects to get deliverables with out trust on employees.

Promotions - Bad

+1 more

Mechanical Engg. Design in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 14 May 2024

3.0

for Salary and Benefits

Likes

Atmosphere, maintenance

Job security - Good

Dislikes

No flexible timings, No cafeteria there, You need to be stressed to complete your project, if you take permission for 1hr you want to tally it within a week, 9hrs working time.

Promotions - Poor

Administration Executive in Coimbatore

Full Time

IT & Information Security Department

1.0

• posted on 07 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Some clients of the project are no brainer and full of sh!t and dominance that they want to feel like they are some kind of superior sh!t. Event the point of contact says that we should not contact them.

Salary - Poor

+5 more

Senior Process Associate - Finance in Coimbatore

Finance & Accounting Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

The atmosphere at Milacron is always welcoming and We have good opportunities to learn a lot in the fields We are working. Also, the latest technologies are put to work which keeps us market updated and makes work efficient. The work culture is awesome.. And Our Teams leads provide us space to put in Our talents among the team for any given issue ( Work/Task ) which in turn gives us the confidence and the opportunity to upskill Ourselves in any given aspect.

Salary - Excellent

+5 more

Dislikes

Work-Life Balance : The shift timings which are business needs - which in-turn takes a toll on the work-life balance in the long run..

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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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Milacron Senior Engineer Product Development Salary FAQs

What is the salary of Senior Engineer Product Development at Milacron ?

The average salary of a Senior Engineer Product Development at Milacron in India typically ranges from ₹9.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Senior Engineer Product Development at Milacron earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Senior Engineer Product Development Salaries at Milacron 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 4 Milacron employees in India.

What is the estimated take home salary of a Senior Engineer Product Development at Milacron in India?

The estimated take-home salary of a Senior Engineer Product Development at Milacron in India typically ranges from ₹87,390 to ₹89,682 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 4 salaries received from various employees of Milacron. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Milacron for Senior Engineer Product Development in India?

DXC Technology	₹22.0 Lakhs to ₹34.0 Lakhs per year
Deloitte	₹17.5 Lakhs to ₹32.0 Lakhs per year
LTIMindtree	₹7.8 Lakhs to ₹34.0 Lakhs per year
Tech Mahindra	₹9.8 Lakhs to ₹31.8 Lakhs per year
Wipro	₹10.5 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Senior Engineer Product Development in companies similar to Milacron in India?

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

HCLTech	₹9.0 Lakhs to ₹22.0 Lakhs per year
TCS	₹6.6 Lakhs to ₹17.1 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 Senior Engineer Product Development at Milacron in India?

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

Experience	Average Salary Range
8 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
9 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
10 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
11 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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Milacron Senior Engineer Product Development Salaries

Milacron Senior Engineer Product Development salary in India ranges between ₹9 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Milacron latest salaries received from various employees of Milacron.