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Newtech auto Components

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3.6

based on 26 Reviews

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Newtech auto Components new Product Development Engineer salaries in Chennai

Annual salary range
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₹2 Lakhs - ₹2.5 Lakhs
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Last Updated: 11 Mar 2023

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Newtech auto Components new Product Development Engineer Salary

1 year exp. (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

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new Product Development Engineer salary at Newtech auto Components ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Newtech auto Components.

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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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Newtech auto Components new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Newtech auto Components in Chennai?
The salary growth for a new Product Development Engineer at Newtech auto Components in Chennai depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Chennai can expect the following growth trajectory at Newtech auto Components:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

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Newtech auto Components new Product Development Engineer salary in Chennai ranges between ₹2 Lakhs to ₹2.5 Lakhs. This is an estimate based on latest salaries received from employees of Newtech auto Components.