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Annual salary range
10 - 12 years exp.
₹5.9
Lakhs - ₹7.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Salaries in different departments
Project & Program Management
Senior New Product Development Engineer Salary
12
years
exp.
(AmbitionBox Estimate)
|  ₹6.9 L/yr - ₹8.4 L/yr |
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| |
Research & Development
Senior New Product Development Engineer Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹4.9 L/yr - ₹6 L/yr |
Companies similar to Motherson Automotive Elastomers for Senior New Product Development Engineer in Chennai
Motherson Automotive Elastomers
Senior New Product Development Engineer Salary
10 - 12 years exp. (AmbitionBox Estimate) |  ₹5.9 L/yr - ₹7.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 TVS Sundram Fasteners Senior New Product Development Engineer Salary
7 - 9 years exp. (3 salaries) | ₹5 L/yr - ₹6 L/yr 
18%
less | |
 Suprajit Engineering Senior New Product Development Engineer Salary
0 - 10 years exp. (4 salaries) | ₹6.5 L/yr - ₹7 L/yr At par | |
Login to view exact salary
| ||
 Funskool India Senior New Product Development Engineer Salary
7 - 8 years exp. (3 salaries) | ₹3.7 L/yr - ₹4.7 L/yr
39%
less | |
 Rane Brake Lining Senior New Product Development Engineer Salary
2 - 6 years exp. (3 salaries) | ₹4 L/yr - ₹5 L/yr
34%
less | |
Senior New Product Development Engineer salary at Motherson Automotive Elastomers ranges between ₹5.9
Lakhs
to ₹7.5
Lakhs
per year for employees with experience between 10 years to 12 years. Salary
estimates are based on
2 latest salaries received
from various employees of Motherson Automotive Elastomers.
Similar Designation salaries in Motherson Automotive Elastomers
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2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Motherson Automotive Elastomers Senior New Product Development Engineer Salary FAQs
What is the notice period for Senior New Product Development Engineer at Motherson Automotive Elastomers in Chennai?
According to AmbitionBox, 100% of the Motherson Automotive Elastomers Senior New Product Development Engineers in Chennai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.
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- Motherson Automotive Elastomers Senior New Product Development Engineer Salaries in Chennai
Motherson Automotive Elastomers Senior New Product Development Engineer salary in Chennai ranges between ₹5.9 Lakhs to ₹7.5 Lakhs. This is an estimate based on latest salaries received from employees of Motherson Automotive Elastomers.