Phenom Senior Engineer Product Development Salaries by 5 Employees

3 - 6 years exp.

₹17.4 Lakhs - ₹41 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% more than the average Senior Engineer Product Development Salary in Software Product Companies for 3 - 6 years of experience

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Last Updated: 2 Nov 2024

Companies similar to Phenom for Senior Engineer Product Development

Company name	Avg Annual Salary	Open Jobs
HARMAN Senior Engineer Product Development Salary 3 - 8 years exp. (835 salaries)	₹7.5 L/yr - ₹24.5 L/yr 26% less
FIS Senior Engineer Product Development Salary 3 - 8 years exp. (113 salaries)	₹8 L/yr - ₹16 L/yr 55% less
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Envestnet Asset Management Senior Engineer Product Development Salary 2 - 4 years exp. (37 salaries)	₹6.9 L/yr - ₹12 L/yr 62% less
TE Connectivity Senior Engineer Product Development Salary 8 - 13 years exp. (28 salaries)	₹9.5 L/yr - ₹30 L/yr 5% less
UST Senior Engineer Product Development Salary 3 - 8 years exp. (24 salaries)	₹6.7 L/yr - ₹18.5 L/yr 41% less

Senior Engineer Product Development salary at Phenom ranges between ₹17.4 Lakhs to ₹41 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Phenom.

Experience wise Phenom Senior Engineer Product Development salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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5 years (AmbitionBox Estimate)	₹23 L/yr - ₹29.4 L/yr
6 years (3 salaries)	₹27 L/yr - ₹41 L/yr

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₹20.3 L/yr - ₹25.9 L/yr

Salary related reviews for Phenom

4.0

Rated by 1 employees for salary & benefits

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

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

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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Salary Discussions, Hike & Promotions

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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Phenom Senior Engineer Product Development Salary FAQs

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

The average salary of a Senior Engineer Product Development at Phenom in India typically ranges from ₹17.4 Lakhs to ₹41.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Engineer Product Development at Phenom earn more than ₹41.0 Lakhs per year, and the top 1% earn over ₹41.0 Lakhs per year. Senior Engineer Product Development 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 5 Phenom employees in India.

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

The estimated take-home salary of a Senior Engineer Product Development at Phenom in India typically ranges from ₹1,50,596 to ₹1,56,269 per month. This is based on the average salary range of ₹17.4 Lakhs to ₹41.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Phenom. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

TE Connectivity	₹9.5 Lakhs to ₹30.0 Lakhs per year
HARMAN	₹7.5 Lakhs to ₹24.5 Lakhs per year
UST	₹6.7 Lakhs to ₹18.5 Lakhs per year
FIS	₹8.0 Lakhs to ₹16.0 Lakhs per year
Envestnet Asset Management	₹6.9 Lakhs to ₹12.0 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 Senior Engineer Product Development at Phenom in India?

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

Experience	Average Salary Range
3 years	₹15.7 Lakhs to ₹20.0 Lakhs per year
4 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
5 years	₹23.0 Lakhs to ₹29.4 Lakhs per year
6 years	₹27.0 Lakhs to ₹41.0 Lakhs per year

and so on.

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Phenom Senior Engineer Product Development Salaries

Phenom Senior Engineer Product Development salary in India ranges between ₹17.4 Lakhs to ₹41 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Phenom latest salaries received from various employees of Phenom.

Phenom Senior Engineer Product Development salaries in India

Companies similar to Phenom for Senior Engineer Product Development

Latest annual salaries shared by Phenom Senior Engineer Product Development

Experience wise Phenom Senior Engineer Product Development salaries

Similar Designation salaries in Phenom

Salary related reviews for Phenom

Software Development Engineer 1 in Hyderabad / Secunderabad

Senior Systems Engineer in Hyderabad / Secunderabad

Product Development Engineer 1 in Hyderabad / Secunderabad

Product Development Engineer in Hyderabad / Secunderabad

Product Development Engineer 1 in Hyderabad / Secunderabad

Phenom Senior Engineer Product Development Salary FAQs

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