Minda Stoneridge Instruments Senior Hardware Design Engineer Salaries by 8 Employees

3 - 8 years exp.

₹5 Lakhs - ₹9.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

48% less than the average Senior Hardware Design Engineer Salary in Auto Components Companies for 3 - 8 years of experience

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Last Updated: 3 Jul 2023

Companies similar to Minda Stoneridge Instruments for Senior Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
Forvia Hella Senior Hardware Design Engineer Salary 2 - 5 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 59% more
Bosch Global Software Technologies Senior Hardware Design Engineer Salary 1 - 9 years exp. (79 salaries)	₹7 L/yr - ₹16.7 L/yr 95% more
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VVDN Technologies Senior Hardware Design Engineer Salary 3 - 5 years exp. (75 salaries)	₹5.5 L/yr - ₹12 L/yr 41% more
Mistral Solutions Senior Hardware Design Engineer Salary 2 - 4 years exp. (61 salaries)	₹5.6 L/yr - ₹14 L/yr 54% more
L&T Technology Services Senior Hardware Design Engineer Salary 3 - 9 years exp. (55 salaries)	₹5.8 L/yr - ₹12.5 L/yr 36% more

Senior Hardware Design Engineer salary at Minda Stoneridge Instruments ranges between ₹5 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Minda Stoneridge Instruments.

Experience wise Minda Stoneridge Instruments Senior Hardware Design Engineer salaries

Last Updated: 3 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
6 years (3 salaries)	₹5 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

View all

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Salary related reviews for Minda Stoneridge Instruments

5.0

Rated by 1 employees for salary & benefits

SMT Operator ( Line Leader ) (working remotely)

Full Time

Media Production & Entertainment Department

4.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

Working with talented and supportive colleagues not only boosts productivity but also makes each day enjoyable.

Salary - Excellent

+6 more

Dislikes

...Not enough professional development. Mismatch in work style and environment. Seeking fair market compensation. Inspired by other company/leadership style.

Supplier Development Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Dec 2024

5.0

for Salary and Benefits

Likes

In Minda Instrument I have join as GET - SQA Quality In this department I have gained lot of knowledge for Supplier management & Incoming Inspection activity & Layout Inspection for New Project Development For Sensor & Cluster Products Also Conducting Audit For New Supplier assessment & Also Faced Audits like IATF, ISO . Overall experience is Best For my Self Improvement.

Salary - Excellent

+6 more

Dislikes

In this company Others Process Very Slow small small things to get approval that's why This activity very irritate in daily work

Senior Executive in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 12 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

Senior staff is very dominating. Not at all good Company for women considering the location and career growth. No respect for employees. Worst culture among departments. No one takes the responsibility of their own actions especially senior staff. Don't join this Company if you really care about your mental health.

Salary - Bad

+6 more

Quality Executive in Pune

Full Time

Quality Assurance Department

2.0

• posted on 30 Apr 2024

1.0

for Salary and Benefits

Likes

Job satisfaction.

Job security - Good

Dislikes

No Quality Mindset , culture from Management No recognition to Ground level employee who work for organization. Top management make appraisal , promotion to L1 Manager and HOD only. Poor resources

Salary - Bad

+5 more

Quality Manager in Pune

Full Time

Quality Assurance Department

4.0

• posted on 26 Mar 2023

3.0

for Salary and Benefits

Likes

1.Challenging opportunity 2. Organization trust , giving responsibility to everyone - Designation is not matter here to give best 3.Support from top management 4.Company vision & corporate

Skill development - Good

+5 more

Dislikes

Salary needs to be revise as compare to industry's standard

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Minda Stoneridge Instruments Senior Hardware Design Engineer Salary FAQs

What is the salary of Senior Hardware Design Engineer at Minda Stoneridge Instruments ?

The average salary of a Senior Hardware Design Engineer at Minda Stoneridge Instruments in India typically ranges from ₹5.0 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Hardware Design Engineer at Minda Stoneridge Instruments earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Senior Hardware Design Engineer Salaries at Minda Stoneridge Instruments 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 8 Minda Stoneridge Instruments employees in India.

What is the estimated take home salary of a Senior Hardware Design Engineer at Minda Stoneridge Instruments in India?

The estimated take-home salary of a Senior Hardware Design Engineer at Minda Stoneridge Instruments in India typically ranges from ₹47,073 to ₹48,188 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 3 years to 8 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 8 salaries received from various employees of Minda Stoneridge Instruments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Minda Stoneridge Instruments for Senior Hardware Design Engineer in India?

Bosch Global Software Technologies	₹7.0 Lakhs to ₹16.7 Lakhs per year
Forvia Hella	₹7.0 Lakhs to ₹12.0 Lakhs per year
Mistral Solutions	₹5.6 Lakhs to ₹14.0 Lakhs per year
VVDN Technologies	₹5.5 Lakhs to ₹12.0 Lakhs per year
L&T Technology Services	₹5.8 Lakhs to ₹12.5 Lakhs per year

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

How the salary growth look like for a Senior Hardware Design Engineer at Minda Stoneridge Instruments in India?

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

Experience	Average Salary Range
3 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
6 years	₹5.0 Lakhs to ₹9.2 Lakhs per year

and so on.

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Minda Stoneridge Instruments Senior Hardware Design Engineer Salaries

Minda Stoneridge Instruments Senior Hardware Design Engineer salary in India ranges between ₹5 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Minda Stoneridge Instruments latest salaries received from various employees of Minda Stoneridge Instruments.

Minda Stoneridge Instruments Senior Hardware Design Engineer salaries in India

Companies similar to Minda Stoneridge Instruments for Senior Hardware Design Engineer

Latest annual salaries shared by Minda Stoneridge Instruments Senior Hardware Design Engineer

Experience wise Minda Stoneridge Instruments Senior Hardware Design Engineer salaries

Similar Designation salaries in Minda Stoneridge Instruments

Salary related reviews for Minda Stoneridge Instruments

SMT Operator ( Line Leader ) (working remotely)

Supplier Development Engineer in Pune

Senior Executive in Pune

Quality Executive in Pune

Quality Manager in Pune

Minda Stoneridge Instruments Senior Hardware Design Engineer Salary FAQs

Tell us how to improve this page.