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Philips Innovation Campus Product Engineer salaries in Pune

Annual salary range
0 - 6 years exp.
₹9 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% more than the average Product Engineer Salary in Healthcare Companies for 0 - 6 years of experience

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Salaries in different departments

Healthcare & Life Sciences
Product Engineer Salary
Fresher (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Research & Development
Product Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 28 Feb 2024

Companies similar to Philips Innovation Campus for Product Engineer in Pune

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Philips Innovation Campus Product Engineer Salary

0 - 6 years exp. (3 salaries)

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₹9 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Product Engineer Salary

0 - 4 years exp. (46 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 50% less
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Wipro Product Engineer Salary

0 - 5 years exp. (8 salaries)

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₹3.2 L/yr - ₹7 L/yr

arrow icon 59% less
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Adient Product Engineer Salary

8 - 15 years exp. (169 salaries)

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₹7.4 L/yr - ₹17 L/yr

arrow icon 12% more
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LTIMindtree Product Engineer Salary

1 - 6 years exp. (124 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 41% less
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Cummins Product Engineer Salary

0 - 10 years exp. (107 salaries)

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₹4.4 L/yr - ₹15.1 L/yr

arrow icon 24% less
2 job openings
Product Engineer salary at Philips Innovation Campus ranges between ₹9 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Philips Innovation Campus.

Latest annual salaries shared by Philips Innovation Campus Product Engineer in Pune

10mo ago
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6 months exp.
1y ago
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6 years exp.
1y ago
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1 year exp.

Experience wise Philips Innovation Campus Product Engineer salaries in Pune

Last Updated: 28 Feb 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
1 year (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in Philips Innovation Campus

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₹12 L/yr - ₹17 L/yr
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₹9.4 L/yr - ₹16 L/yr
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₹13.77 L/yr - ₹19 L/yr

Salary related reviews for Philips Innovation Campus

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 07 Jul 2023

4.0
 for  Salary and Benefits

Likes

Salary is paid according to the market. But don’t expect any hikes.

Dislikes

No job security at all. Everything is politics and take you out according to their need. Doesn’t consider your performance before you are put out. 0/5 for the job security

read more

Engineering - Software & QA Department

3.0
  •  posted on 10 Apr 2019

2.0
 for  Salary and Benefits

Likes

Work life balance might be good

Dislikes

... and the hike is also very low compared to other companies.. Go for a startup .. Most of them even offer better salary than Philips ... And you will get to learn a lot...

read more

Engineering - Software & QA Department

5.0
  •  posted on 24 Aug 2018

3.0
 for  Salary and Benefits

Likes

you get to work with some very talented and down to earth people who are always there to help you. You get a very good work life balance and it is very less that you will be overloaded with the work. You also get decent career growth .

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Dislikes

Compensation is less in comparison to another companies with same level of experience. Travel opportunities are very less.

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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.

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Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 18 Jun 2024

1.0
 for  Salary and Benefits

Likes

Some teams don't have micromanagement . Internal team pay and wlb is better than people working for Business

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Dislikes

Company culture drastically changed after the company suffered a huge loss . Micromanagement culture has started and it's impacting the productivity. Dont expect a good single digit hike also till the company becomes stable .

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Philips Innovation Campus Product Engineer Salary FAQs

What is the notice period for Product Engineer at Philips Innovation Campus in Pune?
According to AmbitionBox, 75% of the Philips Innovation Campus Product Engineers in Pune reported a notice period of 3 Months, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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Philips Innovation Campus Product Engineer salary in Pune ranges between ₹9 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Philips Innovation Campus latest salaries received from various employees of Philips Innovation Campus.