Nexteer Automotive Senior Cost Engineer Salaries by 5 Employees (Updated 2025)

9 - 13 years exp.

₹11 Lakhs - ₹16.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

52% more than the average Senior Cost Engineer Salary in Auto Components Companies for 9 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Procurement & Supply Chain Senior Cost Engineer Salary 11 - 13 years exp. (3 salaries)	₹15.5 L/yr - ₹16.9 L/yr
Login to view exact salary
Research & Development Senior Cost Engineer Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr

Last Updated: 26 Jan 2025

Companies similar to Nexteer Automotive for Senior Cost Engineer

Company name	Avg Annual Salary	Open Jobs
Valeo Senior Cost Engineer Salary 4 - 14 years exp. (4 salaries)	₹10.6 L/yr - ₹13.5 L/yr 19% less
Faurecia Senior Cost Engineer Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹12.4 L/yr 26% less
Login to view exact salary
Caresoft Global Senior Cost Engineer Salary 6 - 8 years exp. (20 salaries)	₹4.5 L/yr - ₹9 L/yr 59% less
Lear Corporation Senior Cost Engineer Salary 5 - 9 years exp. (10 salaries)	₹6.5 L/yr - ₹11.4 L/yr 36% less
Sobha Senior Cost Engineer Salary 3 - 7 years exp. (8 salaries)	₹3.3 L/yr - ₹4.6 L/yr 72% less

Senior Cost Engineer salary at Nexteer Automotive ranges between ₹11 Lakhs to ₹16.9 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Nexteer Automotive.

Experience wise Nexteer Automotive Senior Cost Engineer salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
10 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
12 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
13 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr

Similar Designation salaries in Nexteer Automotive

Senior Design Engineer Salary

(4 salaries)

₹9 L/yr - ₹16.1 L/yr

Senior Engineer Salary

(37 salaries)

₹4.95 L/yr - ₹12.05 L/yr

Senior Software Engineer Salary

(132 salaries)

₹6.25 L/yr - ₹24.6 L/yr

Junior Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Design Engineer Salary

(3 salaries)

₹3 L/yr - ₹5.6 L/yr

Product Engineer Salary

(7 salaries)

₹4 L/yr - ₹7.6 L/yr

Software Engineer Salary

(76 salaries)

₹3.8 L/yr - ₹14.5 L/yr

Lead Engineer Salary

(46 salaries)

₹12.65 L/yr - ₹33 L/yr

Mechanical Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹4.1 L/yr

Salary related reviews for Nexteer Automotive

Supervisor And Team Lead in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

In this company leader are very good and we learn many thinks in this company I have learned many things they will give many opportunities we have to utilize then only we can achive.

Skill development - Excellent

+4 more

Dislikes

Salary increments need to improve

DET in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 05 Feb 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Assistant Manager in Chennai

Full Time

Research & Development Department

5.0

• posted on 27 Sep 2019

5.0

for Salary and Benefits

Likes

The company culture is vibrant. In Chennai, we are currently in the phase of acquiring new customers. The Product is excellent, market is huge and as an individual I can learn a lot about EPS

Salary - Excellent

+6 more

Dislikes

Compensation is as per Market standards. Team is awesome and helpful.

CNC Operator in Chengalpattu

Research & Development Department

5.0

• posted on 08 Jan 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Maintenance Engineer in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Feb 2018

5.0

for Salary and Benefits

Likes

Good on job training with effective people, good salary increment on yearly basis. Work life will get balanced. Good canteen and pantry facility available.

Salary - Excellent

+5 more

Dislikes

There is no job security here. People will be working on little politics. No opportunity to go overseas through here if we are under trainee or engineer.

Job security - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Nexteer Automotive?

Ask anonymously on communities.

Nexteer Automotive Senior Cost Engineer Salary FAQs

What is the salary of Senior Cost Engineer at Nexteer Automotive ?

The average salary of a Senior Cost Engineer at Nexteer Automotive in India typically ranges from ₹11.0 Lakhs to ₹16.9 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Senior Cost Engineer at Nexteer Automotive earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹16.9 Lakhs per year. Senior Cost Engineer Salaries at Nexteer Automotive can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Nexteer Automotive employees in India.

What is the estimated take home salary of a Senior Cost Engineer at Nexteer Automotive in India?

The estimated take-home salary of a Senior Cost Engineer at Nexteer Automotive in India typically ranges from ₹1,01,756 to ₹1,04,534 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹16.9 Lakhs per year for employees with experience ranging from 9 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Nexteer Automotive. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Cost Engineer in companies similar to Nexteer Automotive in India?

The salary of a Senior Cost Engineer at companies similar to Nexteer Automotive in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Valeo	₹10.6 Lakhs to ₹13.5 Lakhs per year
Faurecia	₹10.0 Lakhs to ₹12.4 Lakhs per year
Lear Corporation	₹6.5 Lakhs to ₹11.4 Lakhs per year
Caresoft Global	₹4.5 Lakhs to ₹9.0 Lakhs per year
Sobha	₹3.3 Lakhs to ₹4.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Cost Engineer at Nexteer Automotive in India?

The salary growth for a Senior Cost Engineer at Nexteer Automotive depends on factors such as experience, performance, and promotions. On average, a Senior Cost Engineer can expect the following growth trajectory at Nexteer Automotive:

Experience	Average Salary Range
9 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
10 years	₹12.1 Lakhs to ₹15.4 Lakhs per year
11 years	₹13.4 Lakhs to ₹17.1 Lakhs per year
12 years	₹14.7 Lakhs to ₹18.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Nexteer Automotive Salaries >
Nexteer Automotive Senior Cost Engineer Salaries

Nexteer Automotive Senior Cost Engineer salary in India ranges between ₹11 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Nexteer Automotive latest salaries received from various employees of Nexteer Automotive.