Nice Neotech Senior Design Engineer Salaries by 4 Employees

3 - 8 years exp.

₹2.7 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

62% less than the average Senior Design Engineer Salary for 3 - 8 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Nice Neotech for Senior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Huawei Technologies Senior Design Engineer Salary 3 - 10 years exp. (19 salaries)	₹4.5 L/yr - ₹8.5 L/yr 87% more
Marelli Senior Design Engineer Salary 5 - 8 years exp. (7 salaries)	₹7.6 L/yr - ₹11.5 L/yr 158% more
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ABCI Infrastructures Senior Design Engineer Salary 0 - 7 years exp. (4 salaries)	₹12 L/yr - ₹18.3 L/yr 329% more
HCL Infosystems Senior Design Engineer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 167% more
Seoyon E-hwa Automotive Senior Design Engineer Salary 5 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 95% more
Caparo Engineering India Senior Design Engineer Salary 8 - 14 years exp. (3 salaries)	₹7 L/yr - ₹9.2 L/yr 127% more

Senior Design Engineer salary at Nice Neotech ranges between ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Nice Neotech.

Experience wise Nice Neotech Senior Design Engineer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Nice Neotech

Lead Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Product Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Design Engineer Salary

(10 salaries)

₹1.44 L/yr - ₹3.2 L/yr

Junior Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 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

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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?

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Nice Neotech Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Nice Neotech ?

The average salary of a Senior Design Engineer at Nice Neotech in India typically ranges from ₹2.7 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Design Engineer at Nice Neotech earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Senior 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 4 Nice Neotech employees in India.

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

The estimated take-home salary of a Senior Design Engineer at Nice Neotech in India typically ranges from ₹25,314 to ₹26,748 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 8 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 4 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 Senior Design Engineer in India?

ABCI Infrastructures	₹12.0 Lakhs to ₹18.3 Lakhs per year
HCL Infosystems	₹6.0 Lakhs to ₹15.0 Lakhs per year
Marelli	₹7.6 Lakhs to ₹11.5 Lakhs per year
Caparo Engineering India	₹7.0 Lakhs to ₹9.2 Lakhs per year
Seoyon E-hwa Automotive	₹6.5 Lakhs to ₹7.0 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.

What is the salary of a Senior Design Engineer in companies similar to Nice Neotech in India?

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

Huawei Technologies

₹4.5 Lakhs to ₹8.5 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 Design Engineer at Nice Neotech in India?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
5 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
7 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Nice Neotech Senior Design Engineer Salaries

Nice Neotech Senior Design Engineer salary in India ranges between ₹2.7 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nice Neotech latest salaries received from various employees of Nice Neotech.