Nice Neotech Chennai Design Engineer Salaries by 10 Employees

1 - 4 years exp.

₹1.4 Lakh - ₹3.2 Lakhs

Salary of majority employees

55% less than the average Design Engineer Salary for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 29 Sep 2024

Companies similar to Nice Neotech for Design Engineer in Chennai

Nice Neotech Design Engineer Salary

1 - 4 years exp. (10 salaries)

₹1.4 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Seoyon E-hwa Automotive Design Engineer Salary 0 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹9.4 L/yr 107% more
Caparo Engineering India Design Engineer Salary 2 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹5.5 L/yr 66% more
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HCL Infosystems Design Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 35% more
Renault Nissan Technology & Business Centre India Design Engineer Salary 1 - 8 years exp. (584 salaries)	₹3.1 L/yr - ₹10 L/yr 180% more	1 job opening
TCS Design Engineer Salary 0 - 10 years exp. (315 salaries)	₹2.8 L/yr - ₹10.5 L/yr 169% more

Design Engineer salary at Nice Neotech ranges between ₹1.4 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Nice Neotech.

Experience wise Nice Neotech Design Engineer salaries in Chennai

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.4 L/yr - ₹2 L/yr
2 years (3 salaries)	₹2 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr

Similar Designation salaries in Nice Neotech

Senior Design Engineer Salary

(4 salaries)

₹2.7 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Salary related reviews for Nice Neotech

5.0

Rated by 1 employees for salary & benefits

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

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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 Engineer Salary FAQs

What is the salary of Design Engineer at Nice Neotech in Chennai?

The average salary of a Design Engineer at Nice Neotech in Chennai typically ranges from ₹1.4 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design Engineer in Chennai at Nice Neotech earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Design 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 10 Nice Neotech employees in India.

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

The estimated take-home salary of a Design Engineer at Nice Neotech in Chennai typically ranges from ₹16,714 to ₹18,426 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year 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 10 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 Engineer in India?

Renault Nissan Technology & Business Centre India	₹3.1 Lakhs to ₹10.0 Lakhs per year
TCS	₹2.8 Lakhs to ₹10.5 Lakhs per year
Seoyon E-hwa Automotive	₹2.5 Lakhs to ₹9.4 Lakhs per year
Caparo Engineering India	₹2.1 Lakhs to ₹5.5 Lakhs per year
HCL Infosystems	₹1.5 Lakhs to ₹4.0 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 Engineer at Nice Neotech in Chennai?

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

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.2 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.2 Lakhs per year

and so on.

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Nice Neotech Design Engineer Salaries in Chennai

Nice Neotech Design Engineer salary in Chennai ranges between ₹1.4 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Nice Neotech latest salaries received from various employees of Nice Neotech.