NRB Bearings Senior New Product Development Engineer Salaries by 3 Employees

4 - 5 years exp.

₹5.5 Lakhs - ₹8.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% more than the average Senior New Product Development Engineer Salary in Auto Components Companies for 4 - 5 years of experience

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Last Updated: 19 Jun 2023

Companies similar to NRB Bearings for Senior New Product Development Engineer

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TVS Sundram Fasteners Senior New Product Development Engineer Salary 7 - 9 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 23% less
Imperial Auto Industries Senior New Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹4.4 L/yr 50% less
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Hi Tech Gears Senior New Product Development Engineer Salary 5 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹5 L/yr 31% less
Sundaram Auto Components Senior New Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹6.3 L/yr - ₹7 L/yr 10% less
OPPO Senior New Product Development Engineer Salary 8 - 11 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr 23% more

Senior New Product Development Engineer salary at NRB Bearings ranges between ₹5.5 Lakhs to ₹8.1 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of NRB Bearings.

Experience wise NRB Bearings Senior New Product Development Engineer salaries

Last Updated: 19 Jun 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in NRB Bearings

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Product Development Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Development Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(7 salaries)

₹6.1 L/yr - ₹10.5 L/yr

Production Engineer Salary

(128 salaries)

₹1.5 L/yr - ₹7.15 L/yr

Senior Engineer Salary

(87 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Junior Engineer Salary

(17 salaries)

₹1.55 L/yr - ₹4.36 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for NRB Bearings

Senior Engineer in Navi Mumbai

Full Time

Research & Development Department

3.0

• posted on 05 Sep 2024

4.0

for Salary and Benefits

Likes

They pay you well and the policies related to travel are good.

Salary - Good

Dislikes

The work culture is not good. The company runs on one persons decision. People focus more on making their seniors happy than doing actual work. Every Employee tries to play a blame-game making sure how they are not responsible.

Skill development - Poor

+3 more

Mechanical Engineer in Aurangabad

Quality assurance Department

5.0

• posted on 15 May 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and raleaddily adopts latest technology. I love the fact that I am s part of a team that markets reliable ,high quality products and haS a global client base.

Salary - Excellent

+6 more

Dislikes

Compensation is decent , but growth is slow. The work presure is very high. Sometimes I have to work 14-18 hrs straight in a days as I have to attend clients calls in the evening and sometimes late into the night .managers do not value an individual unique strength

Senior Quality Engineer in Aurangabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 31 Jul 2024

3.0

for Salary and Benefits

Likes

1) Nice system. 2) Employees are supportive and no boundary to learn new things 3) Training is provided to all new joiners and regular upgradation is done. 4) Straight forward with customers.. Doesn't hide any things.

Skill development - Excellent

+4 more

Dislikes

1) Bus facilities not available. 2) While leaving organization performance allownce company doesn't pay.

Engineer in Aurangabad

Full Time

Quality Assurance Department

1.0

• posted on 31 Dec 2020

2.0

for Salary and Benefits

Likes

...d culture. Teammates are supportive and the higher management is not supportive. Company policies are good, appraisals are not good and they don't give salary hike.

Job security - Good

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Salary - Poor

+3 more

Head Human Resource And Industrial Relations in Hyderabad / Secunderabad

Full Time

Human Resources Department

3.0

• posted on 18 Sep 2023

3.0

for Salary and Benefits

Likes

Management is good. There are only BAD Managers, but NO Bad Management in the corporate world. Here also only Middle Management is the problem.

Dislikes

... is not paid to income tax dept, and my final settlement done four Years before. Variable pay paid to me is zero. Reason no response.

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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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NRB Bearings Senior New Product Development Engineer Salary FAQs

How the salary growth look like for a Senior New Product Development Engineer at NRB Bearings in India?

The salary growth for a Senior New Product Development Engineer at NRB Bearings depends on factors such as experience, performance, and promotions. On average, a Senior New Product Development Engineer can expect the following growth trajectory at NRB Bearings:

Experience	Average Salary Range
4 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years	₹7.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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NRB Bearings Senior New Product Development Engineer Salaries

NRB Bearings Senior New Product Development Engineer salary in India ranges between ₹5.5 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 NRB Bearings latest salaries received from various employees of NRB Bearings.