Omco Enterprises new Product Development Engineer Salaries by 4 Employees

3 - 6 years exp.

₹3 Lakhs - ₹3.6 Lakhs

Salary of majority employees

19% less than the average new Product Development Engineer Salary for 3 - 6 years of experience

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Last Updated: 10 Oct 2023

Companies similar to Omco Enterprises for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TCS new Product Development Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.4 L/yr - ₹7.6 L/yr 54% more
Tech Mahindra new Product Development Engineer Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 85% more
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HCLTech new Product Development Engineer Salary 0 - 16 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 250% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 22% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 1% more

new Product Development Engineer salary at Omco Enterprises ranges between ₹3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Omco Enterprises.

Experience wise Omco Enterprises new Product Development Engineer salaries

Last Updated: 10 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Omco Enterprises

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Mechanical Engineer Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Quality Engineer Salary

(10 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Salary related reviews for Omco Enterprises

3.0

Rated by 1 employees for salary & benefits

Quality Engineer in Faridabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 Feb 2024

1.0

for Salary and Benefits

Likes

Nothing to like only sailry credit on time.

Dislikes

Very bed culture, only politics there, from 8:30 to 8PM no promotions no motivation If you give resignation with notice period they tell you please leave today.

Salary - Bad

+6 more

Quality Head in Faridabad

Full Time

Other Department

2.0

• posted on 26 Feb 2024

2.0

for Salary and Benefits

Likes

Only offices good nothing to like because juniors or parallels not respect of quality head.

Dislikes

Very bad management they hired you and fired you after 3 to 6 months because they never satisfied with quality head same thing happened with me so i will never recommend to any one if you want to join think properly your age should be maximum 6months in this company and you will daily torcher even your fault or not.

Salary - Poor

+6 more

New Product Development Engineer in Faridabad

Full Time

NPD Department

5.0

• posted on 02 Jul 2019

3.0

for Salary and Benefits

Likes

I am working here from last 2 year and my experience is good but due to my career growth issue i want to switch. Bdw overall my experience is good. Loving and skills management who help me time to time.

Skill development - Excellent

Dislikes

Career growth & opportunity. No training for fresher's which is pain sometimes.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Omco Enterprises new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Omco Enterprises ?

The average salary of a new Product Development Engineer at Omco Enterprises in India typically ranges from ₹3.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of new Product Development Engineer at Omco Enterprises earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. new Product Development Engineer Salaries at Omco Enterprises 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 Omco Enterprises employees in India.

What is the estimated take home salary of a new Product Development Engineer at Omco Enterprises in India?

The estimated take-home salary of a new Product Development Engineer at Omco Enterprises in India typically ranges from ₹23,908 to ₹25,363 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 3 years to 6 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 Omco Enterprises. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Omco Enterprises for new Product Development Engineer in India?

HCLTech	₹9.0 Lakhs to ₹16.0 Lakhs per year
Tech Mahindra	₹4.0 Lakhs to ₹7.0 Lakhs per year
TCS	₹3.4 Lakhs to ₹7.6 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Omco Enterprises, depending on the role and experience level.

How the salary growth look like for a new Product Development Engineer at Omco Enterprises in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Omco Enterprises new Product Development Engineer Salaries

Omco Enterprises new Product Development Engineer salary in India ranges between ₹3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Omco Enterprises latest salaries received from various employees of Omco Enterprises.