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Nice Neotech

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3.3

based on 25 Reviews

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Nice Neotech Design and Product Development Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹2.2 Lakhs - ₹3.6 Lakhs
Low Confidence
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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
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Monthly In-hand Salary

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46% less than the average Design and Product Development Engineer Salary for 3 - 5 years of experience

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Salaries in different departments

Research & Development
Design and Product Development Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Quality Assurance
Design and Product Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Last Updated: 16 Mar 2023

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Design and Product Development Engineer salary at Nice Neotech ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Nice Neotech.

Latest annual salaries shared by Nice Neotech Design and Product Development Engineer

1y ago
₹3.6 Lakhs
5 years exp.
1y ago
₹3.6 Lakhs
4 years exp.
1y ago
₹2.2 Lakhs
3 years exp.

Experience wise Nice Neotech Design and Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Nice Neotech

New Product Development Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Production Engineer Salary
(16 salaries)
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₹1.35 L/yr - ₹3.5 L/yr
Senior Design Engineer Salary
(4 salaries)
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₹2.7 L/yr - ₹4.8 L/yr
Design Engineer Salary
(10 salaries)
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₹1.44 L/yr - ₹3.2 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Software Developer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Production Supervisor Salary
(5 salaries)
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₹2.45 L/yr - ₹4.15 L/yr
Quality Engineer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
Junior Engineer Salary
(3 salaries)
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₹2.5 L/yr - ₹3.8 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

read more

Dislikes

Worst company I have worked

  • Salary - Poor
    • +6 more
see more salary related reviews

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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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Nice Neotech Design and Product Development Engineer Salary FAQs

How the salary growth look like for a Design and Product Development Engineer at Nice Neotech in India?
The salary growth for a Design and Product Development Engineer at Nice Neotech depends on factors such as experience, performance, and promotions. On average, a Design and Product Development Engineer can expect the following growth trajectory at Nice Neotech:

Experience Average Salary Range
3 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

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Nice Neotech Design and Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Nice Neotech latest salaries received from various employees of Nice Neotech.