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Phenom

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3.9

based on 272 Reviews

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Phenom new Product Development Engineer salaries in India

Annual salary range
Select experience
₹7.2 Lakhs - ₹12.4 Lakhs
Salary of majority employees
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94% more than the average new Product Development Engineer Salary in Software Product Companies for Fresher

Interested in this particular role?

Last Updated: 21 Oct 2023

Companies similar to Phenom for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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Visteon new Product Development Engineer Salary

2 - 5 years exp. (3 salaries)
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₹2.1 L/yr - ₹9 L/yr

arrow icon 45% less
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eClinicalWorks new Product Development Engineer Salary

5 - 8 years exp. (3 salaries)
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₹17 L/yr - ₹22 L/yr

arrow icon 136% more
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INDO-MIM new Product Development Engineer Salary

0 - 4 years exp. (70 salaries)
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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 49% less
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L.G.Balakrishnan & Bros new Product Development Engineer Salary

0 - 8 years exp. (43 salaries)
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₹1.7 L/yr - ₹4.7 L/yr

arrow icon 60% less
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JBM Group new Product Development Engineer Salary

0 - 8 years exp. (34 salaries)
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 53% less
new Product Development Engineer salary at Phenom ranges between ₹7.2 Lakhs to ₹12.4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 9 latest salaries received from various employees of Phenom.

Experience wise Phenom new Product Development Engineer salaries

Last Updated: 21 Oct 2023

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹7.2 L/yr - ₹12.4 L/yr

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Salary related reviews for Phenom

2.0

Rated by 1 employees for salary & benefits

Product Development Engineer in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 02 Dec 2023
3.0
 for  Salary and Benefits

Likes

You'll learn new things in your journey. Supporting team.

  • Skill development - Good
    • +2 more

Dislikes

Very minimal or no salary hike. Dismissed yearly bonus in the name of cost cutting. Cancelled all the office parties and team outings and team dinners. Started micromanaging. No hybrid model. Need permission for every single leave.

read more
  • Promotions - Bad
    • +2 more

Product Development Engineer 1 in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 24 Dec 2024
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...hey are working. Work culture is so fast paced that priorities change every day. Offers very less salary for the type/amount of work they ask you to do. Don't have any perks

read more
  • Salary - Bad
    • +4 more

Software Development Engineer 1 in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 14 Jul 2023
1.0
 for  Salary and Benefits

Likes

Nothing much, You will be considered for job even if you are from tier 3 college and non it, but too much micromanagement,

read more

Dislikes

... during hikes even if they work hard, you may be working 24*6 per week atleast, If You get a salary less than 8 is a big injustice save yourself

read more
  • Salary - Bad
    • +5 more

Product Development Engineer 1 in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 03 Nov 2023
3.0
 for  Salary and Benefits

Likes

Coding new features

  • Work satisfaction - Good

Dislikes

...during notice period. Some people go on 10 days leaves, some go for 1 day leave. Even though you take sick leave, salary gets deducted. - Mentorship is lacking to some extent. Or sometimes biased mentorship is observed - tech-stack is sometimes decided on the fly

read more
  • Company culture - Poor

Engineering Manager in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 20 May 2023
4.0
 for  Salary and Benefits

Likes

Good pay for important roles. Great people CEO mindsight Autonomy at work

read more
  • Salary - Good
    • +5 more

Dislikes

Few people who started when the company is relatively small and paid less are not great technically, hiring standards are now raised. So it is mix of both type of people for similar roles causes some friction

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a system engineer
Just had to share this, I got a 100% hike!
I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.
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Phenom new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Phenom ?
The average salary of a new Product Development Engineer at Phenom in India typically ranges from ₹7.2 Lakhs to ₹12.4 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of new Product Development Engineer at Phenom earn more than ₹12.4 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. new Product Development Engineer Salaries at Phenom 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 9 Phenom employees in India.
What is the estimated take home salary of a new Product Development Engineer at Phenom in India?
The estimated take-home salary of a new Product Development Engineer at Phenom in India typically ranges from ₹58,329 to ₹59,799 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹12.4 Lakhs per year for employees with experience ranging from Fresher to 0 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Phenom. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Phenom for new Product Development Engineer in India?
eClinicalWorks ₹17.0 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Phenom, depending on the role and experience level.
What is the salary of a new Product Development Engineer in companies similar to Phenom in India?
The salary of a new Product Development Engineer at companies similar to Phenom in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Visteon ₹2.1 Lakhs to ₹9.0 Lakhs per year
INDO-MIM ₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group ₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros ₹1.7 Lakhs to ₹4.7 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 Phenom in India?
The salary growth for a new Product Development Engineer at Phenom depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Phenom:

Experience Average Salary Range
Fresher ₹7.2 Lakhs to ₹12.4 Lakhs per year
and so on.

Tell us how to improve this page.

Phenom new Product Development Engineer salary in India ranges between ₹7.2 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Phenom latest salaries received from various employees of Phenom.