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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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
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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

(129 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.

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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.