NewTrace Salaries by 40+ Employees (Updated 2024)

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Research & Development Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Co-Founder 8 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Lead Engineer 12 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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Senior Manager Procurement 14 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Software Engineer Experience: NA (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Senior Associate 3 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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Senior CAE Engineer 4 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Environmental Health and Safety Manager 17 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Senior Manager 20 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Manager 14 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Associate 3 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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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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Salary related reviews for NewTrace

3.5

Rated by 3 employees for salary & benefits

Executive (working remotely)

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

- Diversity - Office

Dislikes

- From day one they want 110% from you , but zero training or hand-holding provided - Degrees are valued over demonstrable work by founders - Populist and sweet talks are valued over action

see more salary related reviews

NewTrace Salary FAQs

What is the minimum salary in NewTrace?

Minimum salary at NewTrace depends on the role you are applying for. For Graduate Engineer Trainee (Get) the minimum salary is ₹4.4 Lakhs to ₹5.6 Lakhs per year, and for Store Incharge the minimum salary is ₹5 Lakhs to ₹5.5 Lakhs per year and so on.

What is the notice period at NewTrace?

According to AmbitionBox, 61% of the NewTrace employees reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 41 responses on AmbitionBox in last 2 years.