Novel Patent Services Visakhapatnam Salaries by 30+ Employees

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Customer Success, Service & Operations Research & Development Engineering - Software & QA Quality Assurance

Designation	Avg Annual Salary	Open Jobs
Patent Engineer 0 - 7 years exp. · Visakhapatnam (13 salaries)	₹1.3 L/yr - ₹6 L/yr
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Patent Analyst 0 - 4 years exp. · Visakhapatnam (8 salaries)	₹2.1 L/yr - ₹3 L/yr
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Team Lead 3 - 5 years exp. · Visakhapatnam (3 salaries)	₹3.3 L/yr - ₹3.4 L/yr
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Research Engineer Fresher · Visakhapatnam (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Assistant Project Manager 8 years exp. · Visakhapatnam (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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Senior Patent Analyst 3 - 4 years exp. · Visakhapatnam (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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Junior Patent Analyst 0 - 2 years exp. · Visakhapatnam (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Electronics Engineer Fresher · Visakhapatnam (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.2 L/yr
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Administration Executive Fresher · Visakhapatnam (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Trainee 1 year exp. · Visakhapatnam (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr
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Senior Patent Engineer 2 years exp. · Visakhapatnam (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Front end Developer 1 year exp. · Visakhapatnam (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Engineer 1 year exp. · Visakhapatnam (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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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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Salary related reviews for Novel Patent Services

4.5

Rated by 9 employees for salary & benefits

Senior Patent Analyst in Visakhapatnam

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I felt happy that i am a part aof that team. It also has a global client base.

Salary - Good

+4 more

Dislikes

Work pressurewil be high sometimes..we have to complete the target given by them

Engineer in Visakhapatnam

engineering Department

2.0

• posted on 01 Mar 2020

2.0

for Salary and Benefits

Likes

work and life balancing environment.

Dislikes

The team management is fine, training clases are conducted on requirement. But career growth and infrastructure allotment when compared to present corporate services is very low.

Salary - Poor

+3 more

Patent Engineer in Visakhapatnam

Consulting Department

5.0

• posted on 22 Apr 2019

4.0

for Salary and Benefits

Likes

Team work in novel patent services will be great.job security is much.career growth will be excellent.appraisals will be very regular based on our performance.its a learning environment.we can balance life and work.as we will have opportunity to work from home when in need.

Salary - Good

+6 more

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Know more about Novel Patent Services Visakhapatnam

Novel Patent Services Salary FAQs

How much does Novel Patent Services pay to its employees?

The average annual salary at Novel Patent Services varies depending on the role, experience, and location. The salary ranges for some popular designations at Novel Patent Services, are as follows:

Patent Engineer	₹1.3 Lakhs to ₹6 Lakhs per year
Patent Analyst	₹2.1 Lakhs to ₹3 Lakhs per year
Team Lead	₹3.3 Lakhs to ₹3.4 Lakhs per year
Research Engineer	₹2 Lakhs to ₹2.6 Lakhs per year

The highest-paying role, Patent Engineer, earns between ₹1.3 Lakh to ₹6 Lakhs per year. The top 10% of employees earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Salaries at Novel Patent Services 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 salary estimates are based on data from 39 salaries submitted by Novel Patent Services employees. Novel Patent Services is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Novel Patent Services , Visakhapatnam is INR . Salary estimates are based on 30+ Novel Patent Services latest salaries received from various employees of Novel Patent Services.