MV Electrosystems Senior R&D Engineer Salaries by 3 Employees

3 - 4 years exp.

₹6.9 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

53% less than the average Senior R&D Engineer Salary for 3 - 4 years of experience

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Salaries in different departments

Research & Development Senior R&D Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹7 L/yr
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Construction & Site Engineering Senior R&D Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 11 May 2023

Companies similar to MV Electrosystems for Senior R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Marelli Senior R&D Engineer Salary 3 - 7 years exp. (14 salaries)	₹8.5 L/yr - ₹12.1 L/yr 28% more
ABB Senior R&D Engineer Salary 5 - 13 years exp. (193 salaries)	₹9.7 L/yr - ₹33.3 L/yr 195% more	1 job opening
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Synopsys Senior R&D Engineer Salary 2 - 6 years exp. (90 salaries)	₹15 L/yr - ₹40 L/yr 214% more	1 job opening
Tejas Networks Senior R&D Engineer Salary 2 - 6 years exp. (66 salaries)	₹8.9 L/yr - ₹25 L/yr 127% more
Medha Servo Drives Senior R&D Engineer Salary 0 - 7 years exp. (39 salaries)	₹6.6 L/yr - ₹15 L/yr 40% more

Senior R&D Engineer salary at MV Electrosystems ranges between ₹6.9 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of MV Electrosystems.

Experience wise MV Electrosystems Senior R&D Engineer salaries

Last Updated: 11 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in MV Electrosystems

Senior Engineer Salary

(10 salaries)

₹5 L/yr - ₹10.3 L/yr

Senior Design Engineer Salary

(5 salaries)

₹7.05 L/yr - ₹10.05 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6.3 L/yr - ₹8 L/yr

Design Engineer Salary

(3 salaries)

₹4.3 L/yr - ₹11.7 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(3 salaries)

₹13 L/yr - ₹18.5 L/yr

Senior Mechanical Design Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

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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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MV Electrosystems Senior R&D Engineer Salary FAQs

How the salary growth look like for a Senior R&D Engineer at MV Electrosystems in India?

The salary growth for a Senior R&D Engineer at MV Electrosystems depends on factors such as experience, performance, and promotions. On average, a Senior R&D Engineer can expect the following growth trajectory at MV Electrosystems:

Experience	Average Salary Range
3 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
4 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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MV Electrosystems Senior R&D Engineer Salaries

MV Electrosystems Senior R&D Engineer salary in India ranges between ₹6.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MV Electrosystems latest salaries received from various employees of MV Electrosystems.