Omni Matrix new Product Development Engineer Salaries by 5 Employees

1 - 4 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development new Product Development Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 12 Mar 2023

Companies similar to Omni Matrix for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rabwin Industries new Product Development Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 9% less
Super Auto India new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 3% less
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Neel Auto new Product Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 72% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (70 salaries)	₹2.7 L/yr - ₹5.5 L/yr 41% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 17% more

new Product Development Engineer salary at Omni Matrix ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Omni Matrix.

Experience wise Omni Matrix new Product Development Engineer salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Omni Matrix

Production Engineer Salary

(6 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Assistant Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹1.8 L/yr

Production Manager Salary

(3 salaries)

₹4.8 L/yr - ₹16.5 L/yr

Design Engineer Salary

(5 salaries)

₹2 L/yr - ₹2.65 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Quality Engineer Salary

(16 salaries)

₹2.4 L/yr - ₹3.81 L/yr

Salary related reviews for Omni Matrix

4.0

Rated by 1 employees for salary & benefits

Quality Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

5.0

• posted on 24 Mar 2021

1.0

for Salary and Benefits

Likes

I am from sramping. One idiot unit head is there name is arugam, useless fellow. No knowledge. Selfish, bucket, fool, begger . He havent jobs from fast 3yrs so want his job safety. So he wont allow others growth. No Training, no skill developing, nothing available...

Dislikes

omni matrix moulding and harness is good to work. But not stamping

Salary - Bad

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Omni Matrix new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Omni Matrix ?

The average salary of a new Product Development Engineer at Omni Matrix in India typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of new Product Development Engineer at Omni Matrix earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. new Product Development Engineer Salaries at Omni Matrix 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 5 Omni Matrix employees in India.

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

The estimated take-home salary of a new Product Development Engineer at Omni Matrix in India typically ranges from ₹20,263 to ₹21,922 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of Omni Matrix. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Omni Matrix for new Product Development Engineer in India?

Neel Auto	₹4.0 Lakhs to ₹7.0 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 Omni Matrix, depending on the role and experience level.

What is the salary of a new Product Development Engineer in companies similar to Omni Matrix in India?

The salary of a new Product Development Engineer at companies similar to Omni Matrix in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Super Auto India	₹2.0 Lakhs to ₹4.2 Lakhs per year
Rabwin Industries	₹2.3 Lakhs to ₹3.0 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 new Product Development Engineer at Omni Matrix in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Omni Matrix new Product Development Engineer Salaries

Omni Matrix new Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Omni Matrix latest salaries received from various employees of Omni Matrix.

Omni Matrix new Product Development Engineer salaries in India

Companies similar to Omni Matrix for new Product Development Engineer

Latest annual salaries shared by Omni Matrix new Product Development Engineer

Experience wise Omni Matrix new Product Development Engineer salaries

Similar Designation salaries in Omni Matrix

Salary related reviews for Omni Matrix

Quality Engineer in Bangalore / Bengaluru

Omni Matrix new Product Development Engineer Salary FAQs

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