Otis Elevator new Product Development Engineer Salaries by Employees

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₹4.5 Lakhs - ₹5.8 Lakhs

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Last Updated: 13 Mar 2023

Companies similar to Otis Elevator for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
TE Connectivity new Product Development Engineer Salary 4 - 13 years exp. (16 salaries)	₹5.4 L/yr - ₹19.4 L/yr 131% more
FLSmidth new Product Development Engineer Salary 12 - 17 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 104% more
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Daikin new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 12% less
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 27% less
LG Electronics new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹7.2 L/yr - ₹15.8 L/yr 106% more
Signify new Product Development Engineer Salary 0 - 6 years exp. (4 salaries)	₹10 L/yr - ₹14.5 L/yr 148% more
Visteon new Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹9 L/yr 15% less
EMERSON PROCESS MANAGEMENT new Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 24% less
Michelin new Product Development Engineer Salary 7 - 11 years exp. (3 salaries)	₹11.6 L/yr - ₹16.4 L/yr 164% more

new Product Development Engineer salary at Otis Elevator ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Otis Elevator.

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Salary related reviews for Otis Elevator

Finance Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Dec 2023

2.0

for Salary and Benefits

Likes

There's nothing that I like in OTIS, I'm just grateful for learning the utmost life lessons for personal growth

Dislikes

...lity Rating in terms of your relationship with the lead rather than performance Lot of Personal reference and salary discrimination Toxic work environment

Salary - Poor

+5 more

Asst Finance Supp in Bangalore / Bengaluru

Full Time

Other Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

...nce but when it comes to promotions this this not a company you are looking for. The company provides good salary but appraisal are also average, the only down point is the personal growth

Skill development - Good

+3 more

Dislikes

No promotions.

Promotions - Bad

ITI Electrician, Electrical Maintenance in New Delhi

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

I am doing work in Otis elevator company in similarly work and repair and maintenance and installation.

Dislikes

Just time doing work in Otis elevator company in third party sub contractor pay so I want doing work in properly join duty in Otis elevator company not pay third party sub contractor.

Salary - Poor

+5 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

If you are not looking for salary Then go for its this company is a better place for learning 3 year at Otis boots your carrier

Skill development - Excellent

+3 more

Dislikes

Work life balance is not that much good and salary is not upto the industrial standards

Work-life balance - Poor

Manager in Bangalore / Bengaluru

Project & Program Management Department

2.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

...hnical expertise within OTIS after sometime you will be redundant in the market. Financially they will pay more however long-term don't expect any promotion.

Salary - Good

Dislikes

Middle management who are not subject matter expert create all problems. They will never allow to grow in the Organisation. Also there are more regional politics is there. People who can speak get more preference in the organisation. Top management listen to them and they get all promotion.

Skill development - Bad

+5 more

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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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Otis Elevator new Product Development Engineer Salary FAQs

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

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Otis Elevator new Product Development Engineer Salaries

Otis Elevator new Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of Otis Elevator.