Patco Precision Components Development Engineer Salaries by 4 Employees

2 - 3 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

72% less than the average Development Engineer Salary in Auto Components Companies for 2 - 3 years of experience

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Last Updated: 4 Oct 2023

Companies similar to Patco Precision Components for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Seoyon E-hwa Automotive Development Engineer Salary 0 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 53% more
Enco Engineers Combine Development Engineer Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 40% more
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Alp Nishikawa Development Engineer Salary 5 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹7.8 L/yr 188% more
Calsoft Development Engineer Salary 0 - 4 years exp. (339 salaries)	₹3 L/yr - ₹11.2 L/yr 174% more
Signify Development Engineer Salary 2 - 12 years exp. (206 salaries)	₹9 L/yr - ₹37 L/yr 818% more

Development Engineer salary at Patco Precision Components ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Patco Precision Components.

Experience wise Patco Precision Components Development Engineer salaries

Last Updated: 4 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in Patco Precision Components

Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Quality Engineer Salary

(5 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Production Manager Salary

(3 salaries)

₹6.8 L/yr - ₹8.6 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Patco Precision Components

Quality Engineer in Nashik

Full Time

Quality Control Department

4.0

• posted on 22 Dec 2021

2.0

for Salary and Benefits

Likes

Only benefit is Time to time salary & Canteen lunch.... Breakfast...Only...Good for fresher's learning

Skill development - Excellent

Dislikes

12 hours working on day & night shift...No work & life balance....No paid leaves....No joining letter & no salary slip for new employees....

Salary - Poor

+3 more

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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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Patco Precision Components Development Engineer Salary FAQs

What is the salary of Development Engineer at Patco Precision Components ?

The average salary of a Development Engineer at Patco Precision Components in India typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Development Engineer at Patco Precision Components earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Development Engineer Salaries at Patco Precision Components 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 Patco Precision Components employees in India.

What is the estimated take home salary of a Development Engineer at Patco Precision Components in India?

The estimated take-home salary of a Development Engineer at Patco Precision Components in India typically ranges from ₹16,408 to ₹18,097 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 3 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 Patco Precision Components. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Patco Precision Components for Development Engineer in India?

Signify	₹9.0 Lakhs to ₹37.0 Lakhs per year
Alp Nishikawa	₹4.8 Lakhs to ₹7.8 Lakhs per year
Calsoft	₹3.0 Lakhs to ₹11.2 Lakhs per year
Seoyon E-hwa Automotive	₹3.0 Lakhs to ₹4.3 Lakhs per year
Enco Engineers Combine	₹3.0 Lakhs to ₹3.8 Lakhs per year

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

How the salary growth look like for a Development Engineer at Patco Precision Components in India?

The salary growth for a Development Engineer at Patco Precision Components depends on factors such as experience, performance, and promotions. On average, a Development Engineer can expect the following growth trajectory at Patco Precision Components:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Patco Precision Components Development Engineer Salaries

Patco Precision Components Development Engineer salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Patco Precision Components latest salaries received from various employees of Patco Precision Components.