Nice Neotech Design & Development Engineer Salaries by 5 Employees

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 2 - 7 years exp. (102 salaries)	₹8 L/yr - ₹20.3 L/yr 760% more
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Siemens Healthcare Design & Development Engineer Salary 2 - 6 years exp. (42 salaries)	₹7.5 L/yr - ₹21.6 L/yr 687% more	1 job opening
Forbes Marshall Design & Development Engineer Salary 1 - 9 years exp. (38 salaries)	₹4 L/yr - ₹11.8 L/yr 356% more
Diam Display India Private Limited Design & Development Engineer Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹4.5 L/yr 95% 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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Senior Design Engineer Salary

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Design and Product Development Engineer Salary

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Electronics Design Engineer Salary

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₹2.4 L/yr - ₹3.7 L/yr

PCB Design Engineer Salary

(3 salaries)

₹2 L/yr - ₹3.1 L/yr

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

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₹2.8 L/yr - ₹3.6 L/yr

Junior Engineer Electronics Salary

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₹2.7 L/yr - ₹3.5 L/yr

Mould Designer Salary

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₹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

Salary - Poor

+6 more

see more salary related reviews

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Nice Neotech Design & Development Engineer Salary FAQs

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

The average salary of a Design & Development Engineer at Nice Neotech in India typically ranges from ₹1.5 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Design & Development Engineer at Nice Neotech earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Design & Development Engineer Salaries at Nice Neotech 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 Nice Neotech employees in India.

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 in India typically ranges from ₹13,626 to ₹15,074 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 2 years to 4 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 Nice Neotech. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nice Neotech for Design & Development Engineer in India?

Siemens Healthineers	₹8.0 Lakhs to ₹20.3 Lakhs per year
Siemens Healthcare	₹7.5 Lakhs to ₹21.6 Lakhs per year
Forbes Marshall	₹4.0 Lakhs to ₹11.8 Lakhs per year
Diam Display India Private Limited	₹2.0 Lakhs to ₹4.5 Lakhs per year
Caparo Engineering India	₹2.1 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Nice Neotech, depending on the role and experience level.

How the salary growth look like for a Design & Development Engineer at Nice Neotech in India?

The salary growth for a Design & Development Engineer at Nice Neotech depends on factors such as experience, performance, and promotions. On average, a Design & Development Engineer can expect the following growth trajectory at Nice Neotech:

Experience	Average Salary Range
2 years	₹1.5 Lakhs to ₹1.5 Lakhs per year
3 years	₹0.7 Lakhs to ₹2.0 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.9 Lakhs per year

and so on.

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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.