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Philips Innovation Campus Research and Development Mechanical Engineer salaries in India

Annual salary range
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₹0.5 Lakh - ₹0.6 Lakh
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 1 Jul 2024

Companies similar to Philips Innovation Campus for Research and Development Mechanical Engineer

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Research and Development Mechanical Engineer salary at Philips Innovation Campus ranges between ₹0.5 Lakh to ₹0.6 Lakh per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Philips Innovation Campus.

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Salary related reviews for Philips Innovation Campus

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 .

read more

Dislikes

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

read more

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.

read more

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 .

read more

Full Time

 · 

Other Department

4.0
  •  posted on 19 Dec 2023

3.0
 for  Salary and Benefits

Likes

It will provide you good work life balance. Most teams have a good mix of architects, senior developers and freshers, hence it provides a good environment of learning.

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Dislikes

The pay is very average compared to other good MNCs and tech companies. The average age of employees might be somewhere in the range of 35-40. This is pretty old for a tech company. There are a lot of positions which the company can do without and hire good problem solvers instead.

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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.

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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.

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Philips Innovation Campus Research and Development Mechanical Engineer Salary FAQs

What is the notice period for Research and Development Mechanical Engineer at Philips Innovation Campus?
According to AmbitionBox, 100% of the Philips Innovation Campus Research and Development Mechanical Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Philips Innovation Campus Research and Development Mechanical Engineer salary in India ranges between ₹0.5 Lakh to ₹0.6 Lakh. This is an estimate based on latest salaries received from employees of Philips Innovation Campus.