Phenom Product Development Engineer 2 Salaries by 90+ Employees (Updated 2025)

3 - 7 years exp.

₹13.3 Lakhs - ₹32 Lakhs

Salary of majority employees

Fixed (91%)

₹22.1 Lakhs

Variable (9%)

₹2.3 Lakhs

20% more than the average Product Development Engineer 2 Salary in Software Product Companies for 3 - 7 years of experience

Interested in this particular role? 11 job openings

Last Updated: 22 Mar 2025

Companies similar to Phenom for Product Development Engineer 2

Company name	Avg Annual Salary	Open Jobs
Razorpay Product Development Engineer 2 Salary 1 - 6 years exp. (23 salaries)	₹10.5 L/yr - ₹23 L/yr 40% less
Calibo Product Development Engineer 2 Salary 4 - 7 years exp. (12 salaries)	₹12 L/yr - ₹31 L/yr 7% less
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TE Connectivity Product Development Engineer 2 Salary 2 - 8 years exp. (8 salaries)	₹9.5 L/yr - ₹17.3 L/yr 50% less	1 job opening
Comcast Product Development Engineer 2 Salary 2 - 5 years exp. (4 salaries)	₹11.5 L/yr - ₹17.4 L/yr 45% less
Anora Semiconductor Labs Product Development Engineer 2 Salary 6 - 13 years exp. (4 salaries)	₹11 L/yr - ₹30 L/yr 24% less

Product Development Engineer 2 salary at Phenom ranges between ₹13.3 Lakhs to ₹32 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 94 latest salaries received from various employees of Phenom.

Experience wise Phenom Product Development Engineer 2 salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
3 years (14 salaries)	₹14.4 L/yr - ₹22.2 L/yr
4 years (27 salaries)	₹13.3 L/yr - ₹27 L/yr
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5 years (22 salaries)	₹13.3 L/yr - ₹31 L/yr
6 years (22 salaries)	₹19.3 L/yr - ₹32 L/yr
7 years (9 salaries)	₹21.4 L/yr - ₹32 L/yr

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Software Development Engineer Salary

(4 salaries)

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₹3.05 L/yr - ₹10 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹37.4 L/yr - ₹47.7 L/yr

Senior Software Engineer Salary

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Associate Software Engineer Salary

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₹5.5 L/yr - ₹13.3 L/yr

Web Developer Salary

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₹2.4 L/yr - ₹10 L/yr

Lead Engineer Salary

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₹36 L/yr - ₹46 L/yr

Java Developer Salary

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₹1.6 L/yr - ₹18 L/yr

Software Developer Salary

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₹4.25 L/yr - ₹16 L/yr

Salesforce Developer Salary

(3 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Top skills at Phenom for Product Development Engineer 2

Coding System Design Analytical Agile JSON Backend Data Structures Javascript Product Engineering HTTP Python Open Source Python HTML Front End

Salary related reviews for Phenom

3.1

Rated by 7 employees for salary & benefits

Senior Systems Engineer in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

5.0

• posted on 10 Feb 2025

5.0

for Salary and Benefits

Likes

...m - Truly care for its employees is what i have observed It has best in medical insurance policies Free food (Lunch and Dinner) Medical Checkups, Good salary For candidates who joins here will have great learning curve

Salary - Excellent

+6 more

Dislikes

There are few cons but not that to mention as every company will have. Truly writing here that, cons in this company is ignorable

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

Salary - Bad

+4 more

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.

Promotions - Bad

+2 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,

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

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

Company culture - Poor

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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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Phenom Product Development Engineer 2 Salary FAQs

What is the salary of Product Development Engineer 2 at Phenom ?

The average salary of a Product Development Engineer 2 at Phenom in India typically ranges from ₹13.3 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Product Development Engineer 2 at Phenom earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Product Development Engineer 2 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 90+ Phenom employees in India.

What is the estimated take home salary of a Product Development Engineer 2 at Phenom in India?

The estimated take-home salary of a Product Development Engineer 2 at Phenom in India typically ranges from ₹1,55,346 to ₹1,61,233 per month. This is based on the average salary range of ₹13.3 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 90+ salaries received from various employees of Phenom. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Engineer 2 at Phenom ?

To be a Product Development Engineer 2 at Phenom in india, the key skills required include:

- Coding
- System Design
- Analytical
- Agile
- JSON

These skills are highly valued at Phenom and are crucial for successful performance in a Software Engineering role.

What is the salary of a Product Development Engineer 2 in companies similar to Phenom in India?

The salary of a Product Development Engineer 2 at companies similar to Phenom in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Calibo	₹12.0 Lakhs to ₹31.0 Lakhs per year
Anora Semiconductor Labs	₹11.0 Lakhs to ₹30.0 Lakhs per year
Razorpay	₹10.5 Lakhs to ₹23.0 Lakhs per year
Comcast	₹11.5 Lakhs to ₹17.4 Lakhs per year
TE Connectivity	₹9.5 Lakhs to ₹17.3 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 Product Development Engineer 2 at Phenom in India?

The salary growth for a Product Development Engineer 2 at Phenom depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer 2 can expect the following growth trajectory at Phenom:

Experience	Average Salary Range
3 years	₹14.4 Lakhs to ₹22.2 Lakhs per year
4 years	₹13.3 Lakhs to ₹27.0 Lakhs per year
5 years	₹13.3 Lakhs to ₹31.0 Lakhs per year
6 years	₹19.3 Lakhs to ₹32.0 Lakhs per year

and so on.

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Phenom Product Development Engineer 2 Salaries

Phenom Product Development Engineer 2 salary in India ranges between ₹13.3 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 94 Phenom latest salaries received from various employees of Phenom.

Phenom Product Development Engineer 2 salaries in India (Updated 2025)

Companies similar to Phenom for Product Development Engineer 2

Latest annual salaries shared by Phenom Product Development Engineer 2

Experience wise Phenom Product Development Engineer 2 salaries

Similar Designation salaries in Phenom

Top skills at Phenom for Product Development Engineer 2

Salary related reviews for Phenom

Senior Systems Engineer in Hyderabad / Secunderabad

Product Development Engineer 1 in Hyderabad / Secunderabad

Product Development Engineer in Hyderabad / Secunderabad

Software Development Engineer 1 in Hyderabad / Secunderabad

Product Development Engineer 1 in Hyderabad / Secunderabad

Phenom Product Development Engineer 2 Salary FAQs

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