Nice Neotech Design & Development Engineer Salaries by 5 Employees (Updated 2024)

2 - 4 years exp.

₹1.5 Lakh - ₹3.9 Lakhs

Salary of majority employees

64% less than the average Design & Development Engineer Salary for 2 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Nice Neotech for Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Design & Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 68% more
Siemens Healthineers Design & Development Engineer Salary 1 - 7 years exp. (113 salaries)	₹8 L/yr - ₹20.3 L/yr 722% more
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Siemens Healthcare Design & Development Engineer Salary 2 - 6 years exp. (50 salaries)	₹7.5 L/yr - ₹20 L/yr 602% more	1 job opening
Forbes Marshall Design & Development Engineer Salary 1 - 9 years exp. (36 salaries)	₹5 L/yr - ₹11.8 L/yr 365% more	1 job opening
Padmini VNA Mechatronics Design & Development Engineer Salary 1 - 5 years exp. (29 salaries)	₹3.6 L/yr - ₹7.5 L/yr 172% more

Design & Development Engineer salary at Nice Neotech ranges between ₹1.5 Lakh to ₹3.9 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Nice Neotech.

Experience wise Nice Neotech Design & Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr
3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.9 L/yr

Similar Designation salaries in Nice Neotech

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Design and Product Development Engineer Salary

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Electronics Design Engineer Salary

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PCB Design Engineer Salary

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Mechanical Design and Development Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

new Product Development Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

R&D Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Junior Engineer Electronics Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Mould Designer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Nice Neotech

Quaity Control Engineer in Krishna Industrial Estate, Porur Chennai- 600095

Full Time

Research & Development Department

1.0

• posted on 14 Sep 2022

2.0

for Salary and Benefits

Likes

Worst ever experience in this company as a employee, specifically the quality manager senthil kumar and HR Niger the management did not support for new join employees and management does not look on it

Dislikes

Worst company I have worked

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

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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Nice Neotech Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Nice Neotech?

Design & Development Engineer salary at Nice Neotech in India ranges between ₹1.5 Lakhs to ₹3.9 Lakhs for experience between 2 years to 4 years. According to our estimates it is 64% less than the average Design & Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Nice Neotech India.

How does the salary of a Design & Development Engineer at Nice Neotech India compare with the average salary range for this job?

The average salary of a Design & Development Engineer at Nice Neotech is 64% less than the average salary of a Design & Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nice Neotech to a Design & Development Engineer in India?

Siemens Healthineers Design & Development Engineer Salary - ₹8.0 Lakhs to ₹20.3 Lakhs per year
Siemens Healthcare Design & Development Engineer Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
Forbes Marshall Design & Development Engineer Salary - ₹5.0 Lakhs to ₹11.8 Lakhs per year
Padmini VNA Mechatronics Design & Development Engineer Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
Caparo Engineering India Design & Development Engineer Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Design & Development Engineer at Nice Neotech in India?

The estimated take-home salary of a Design & Development Engineer at Nice Neotech ranges between ₹13,626 per month to ₹15,074 per month in India. The take-home salary calculation is based on the average Nice Neotech Design & Development Engineer salary in India which ranges between ₹1.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Design & Development Engineer at Nice Neotech?

According to AmbitionBox, 100% of the Nice Neotech Design & Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Nice Neotech Design & Development Engineer Salaries

Nice Neotech Design & Development Engineer salary in India ranges between ₹1.5 Lakh to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Nice Neotech latest salaries received from various employees of Nice Neotech.