Philips Innovation Campus Hosur Engineering - Software & QA Salaries by 4 Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Software Engineer 1 - 5 years exp. · Hosur (4 salaries)	₹7 L/yr - ₹14 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Philips Innovation Campus

Software Technologist 1 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 12 Aug 2024

4.0

for Salary and Benefits

Likes

Good thing is too much Life balance and you will easily come to comfort zone.

Dislikes

...rned before coming to Philips. Job security after Covid - 2022 has become worse. They pay you well, but you will be in a shock once they inform you that you have notice period left and to search outside. The reason for lay-off or firing they give is organizational restructuring, but still they hire which is really confusing.

Software Engineer2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 26 Jun 2023

1.0

for Salary and Benefits

Likes

The work life balance is superb. Pressure free environment. Collaboration with multiple stakeholders across the world really help is growing the career.

Dislikes

The salary is peanut. Product based company like Philips should adhere to market standards when compensating there employees. The competitors of Philips pay there employees very well and thus you could see a lot of employees switching their jobs to this companies for a good pay. Appraisals also very minimal standards. Average you could expect is 10 percent max no matter how hard you slog. There is no employee engagement. No perks like goodies and gifts. No annual functions no gatherings nothing.

Senior Architect in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 25 Sep 2023

4.0

for Salary and Benefits

Likes

Employee oriented company. Competitive salary. Good self-learning opportunities. Mostly respectable work culture.

Dislikes

Engineering excellence is not up to the mark. Lacks clear drive to phase out legacy components. There is no common Philips culture. Each business unit runs on the Whim and Fancy of business leader. Unimpressive top leadership. The sold subsidiaries are as big as Philips now. But Philips is not growing.

Software Technologist 1 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 12 Mar 2023

3.0

for Salary and Benefits

Likes

...operative and talented colleagues. - Project planning and work load balancing. - Good medical insurance with 0% co pay and unlimited sick leaves

Dislikes

- Overall company performance is not so good. Your variable pay and hike will get impacted.

Software Technologist I (DevOps) in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 01 May 2024

3.0

for Salary and Benefits

Likes

Really good work-life balance Good health insurance Great teams

Dislikes

Higher management is micro-managing everyone post covid. Too much politics in leadership and higher management, which leads to fewer salary increments

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Philips Innovation Campus interview questions by designations

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Philips Innovation Campus Salary FAQs

What is the notice period at Philips Innovation Campus in Engineering - Software & QA Department in Hosur?

According to AmbitionBox, 100% of the Philips Innovation Campus employees in Engineering - Software & QA Department in Hosur reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Average annual salary in Engineering - Software & QA department at Philips Innovation Campus , Hosur is INR . Salary estimates are based on 4 Philips Innovation Campus latest salaries received from various employees of Philips Innovation Campus.