Nemak Aluminium Casting new Product Development Engineer Salaries by Employees

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₹4.7 Lakhs - ₹6 Lakhs

Low Confidence

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Last Updated: 7 Mar 2023

Companies similar to Nemak Aluminium Casting for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Propel Industries new Product Development Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 33% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 23% less
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 36% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 28% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 52% less

new Product Development Engineer salary at Nemak Aluminium Casting ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Nemak Aluminium Casting.

Similar Designation salaries in Nemak Aluminium Casting

Production Engineer Salary

(10 salaries)

₹1.8 L/yr - ₹10 L/yr

Production Manager Salary

(4 salaries)

₹16.8 L/yr - ₹36 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Senior Engineer Salary

(6 salaries)

₹9.05 L/yr - ₹13 L/yr

Production Supervisor Salary

(3 salaries)

₹4.5 L/yr - ₹5.8 L/yr

Quality Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹7.29 L/yr

Junior Engineer Salary

(20 salaries)

₹3.9 L/yr - ₹6.75 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Nemak Aluminium Casting

Team Member in Chengalpattu

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Feb 2023

3.0

for Salary and Benefits

Likes

Company has good automation technology. So chances to learn more skills. Salary credited on time, no delays. Average employee benefits.

Skill development - Good

Dislikes

Company management is little poor. Promotion very worst. Canteen food taste and quality is poor. Company working atmosphere poor. Too much smoke held inside.

Promotions - Poor

+2 more

Neem Engineer Trainee in Chengalpattu

Production & Quality Department

3.0

• posted on 20 Aug 2022

2.0

for Salary and Benefits

Likes

Man handling is lower due to automation robots, hence safe work environment, average salary and very average career growth,good for a fresher, bad for experienced.

Job security - Good

Dislikes

Worst work atmosthere, dirty place, rotational shift, day-night-midnight, almost 3 rotational shift, may affect sleep patterns, cause some health problems, no benefits like esi, pf, until you become a permanent employee, you have to strive work very hard for two years in neem trainee, then they make only permanent, only 15500 salary for 2 years.

Salary - Poor

+3 more

Store Incharge in Chengalpattu

Contractual

BFSI, Investments & Trading Department

3.0

• posted on 18 May 2023

2.0

for Salary and Benefits

Likes

Actually this company is best learning platform for engineering freshers because of the man power.so you can learn a lot.

Skill development - Good

+2 more

Dislikes

The worst part in this company is heat. I want to take a bath for atleast 2 hours to chill my body but it's not enough.

Salary - Poor

Junior Engineer in Chennai

Tool shop Department

3.0

• posted on 09 Sep 2022

1.0

for Salary and Benefits

Likes

Learning, Good & simple die design & New Technologies

Skill development - Good

Dislikes

Joining letter, ID card, Medical card & uniform they have given after 2months. Transport facilities in only 3routes. Food quality is not good.

Salary - Bad

+1 more

Junior Engineer- Die Development in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Overall it was a very good experience, But Nemak Chennai loses its quality and standards day by day, especially since the top level doesn't communicate with shop floor employees

Salary - Good

+6 more

Dislikes

Employees welfare especially in past three year

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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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Nemak Aluminium Casting new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Nemak Aluminium Casting in India?

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

Experience	Average Salary Range
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Nemak Aluminium Casting new Product Development Engineer Salaries

Nemak Aluminium Casting new Product Development Engineer salary in India ranges between ₹4.7 Lakhs to ₹6 Lakhs. This is an estimate based on latest salaries received from employees of Nemak Aluminium Casting.

Nemak Aluminium Casting new Product Development Engineer salaries in India

Companies similar to Nemak Aluminium Casting for new Product Development Engineer

Similar Designation salaries in Nemak Aluminium Casting

Salary related reviews for Nemak Aluminium Casting

Team Member in Chengalpattu

Neem Engineer Trainee in Chengalpattu

Store Incharge in Chengalpattu

Junior Engineer in Chennai

Junior Engineer- Die Development in Chennai

Nemak Aluminium Casting new Product Development Engineer Salary FAQs

Tell us how to improve this page.