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Philips Lead Mechanical Engineer salaries in Pune

Annual salary range
4 - 11 years exp.
₹7.9 Lakhs - ₹16 Lakhs
Salary of majority employees
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16% less than the average Lead Mechanical Engineer Salary in Consumer Electronics & Appliances Companies for 4 - 11 years of experience

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Last Updated: 10 May 2023

Companies similar to Philips for Lead Mechanical Engineer in Pune

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Philips Lead Mechanical Engineer Salary

4 - 11 years exp. (10 salaries)

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₹7.9 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Whirlpool Lead Mechanical Engineer Salary

12 - 18 years exp. (4 salaries)

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₹17 L/yr - ₹23.8 L/yr

arrow icon 51% more
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Cyient Lead Mechanical Engineer Salary

11 - 13 years exp. (6 salaries)

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₹9.5 L/yr - ₹13.5 L/yr

arrow icon 9% less
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₹4.8 L/yr - ₹7.8 L/yr

arrow icon 50% less
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₹8.4 L/yr - ₹10.7 L/yr

arrow icon 25% less
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₹13 L/yr - ₹14.5 L/yr

arrow icon 9% more
Lead Mechanical Engineer salary at Philips ranges between ₹7.9 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Philips.

Latest annual salaries shared by Philips Lead Mechanical Engineer in Pune

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Experience wise Philips Lead Mechanical Engineer salaries in Pune

Last Updated: 10 May 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹9 L/yr - ₹20.6 L/yr
5 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹21.1 L/yr
6 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹21.6 L/yr
7 years (AmbitionBox Estimate)

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₹12 L/yr - ₹22.1 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹16 L/yr
View all

Similar Designation salaries in Philips

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₹6.58 L/yr - ₹17.5 L/yr
Senior Engineer Salary
(11 salaries)
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₹6.5 L/yr - ₹17 L/yr
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₹9.2 L/yr - ₹21 L/yr

Top skills at Philips for Lead Mechanical Engineer

EMC EMI ISO Simulation Sheet Metal Project Management thermal Supply Chain Architecture Manufacturing Process CAD Diagnostics Prototype Finite Element Analysis Embedded Software

Salary related reviews for Philips

Project & Program Management Department

5.0
  •  posted on 23 Oct 2022

4.0
 for  Salary and Benefits

Likes

Good Culture, HR policies, car lease scheme is just awesome, unlimited sick leave, Learning opportunities, Internal Movement Opportunity, Global mindset. Work pressure is low, global connect can lead to longer working hours but it's flexible, No in-out attendance monitoring. Can stay here for long term. Working depends on your Manager, My manager has been extremely supportive and focuses on overall employees growth.

read more

Dislikes

...ery less work on NPI and advanced development. Core Tech folks can stay away. Huge pay disparity between similar experience employees. Dept to Dept wise also too much variation. Grading system is unclear. New Jargon of "Diversity" candidates -promoting females for specific roles. This is contrasting to equal opportunity employer. Recent growth outlook and recalls have damaged brand reputation badly.

read more

Site planning Department

3.0
  •  posted on 24 Aug 2022

4.0
 for  Salary and Benefits

Likes

Company benifits and salary which you get or the hike you get while joining the company is good. The facilities which they arrange for your work is very good.

read more

Dislikes

Work life balance is almost zero. No other dislikes are there.

Project & Program Management Department

2.0
  •  posted on 05 Jan 2021

4.0
 for  Salary and Benefits

Likes

Big MNC... Deep pockets... They pay you well and there is relatively less work pressure... Work from home.. No fixed timings.. No tracking. They give you some work and leave you alone. Up to individual work ethics to see a project to completion or spin loops to get away from doing anything

read more

Dislikes

No job security. India is the donkey work hub. No one in the leadership team has any authority or any idea on what's going on. Work flows from NL or US and they may decide at any point that they don't want work with Indian people and then entire teams are laid off. Reorg happens every 6mnths. You could join as a head and after 6mnths you are probably working hand on on some task unrelated to what you were hired for. Policies all confused... Basically India org is a compleye mess and is only managing under a strong brand name.

read more

Project & Program Management Department

5.0
  •  posted on 26 Mar 2019

3.0
 for  Salary and Benefits

Likes

... although they are not into details. 3. No retention policy's for top talent. 4. HR policies, salary brackets, employee retention policies , team changing policies,are all from stone age. 5. Everything is governed by HR policies that don't work in reality. 6. Fresh engineers can get compensated more than experienced engineers making it attrition heavy bottom ..

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 02 Nov 2024

1.0
 for  Salary and Benefits

Likes

It's a brand

Dislikes

They don't give the salary and benefits they have promised. There is no job security. They is no room for learning and applying. They give negligible hike or no hike. The people are non cooperative. Bad working environment. They don't give freshers a fair chance to learn and prove themselves.

read more
see more salary related reviews

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Philips Lead Mechanical Engineer Salary FAQs

What is the salary of Lead Mechanical Engineer at Philips Pune?
Lead Mechanical Engineer salary at Philips in Pune ranges between ₹7.9 Lakhs to ₹16.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 16% less than the average Lead Mechanical Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Philips Pune.
How does the salary of a Lead Mechanical Engineer at Philips Pune compare with the average salary range for this job?
The average salary of a Lead Mechanical Engineer at Philips is 16% less than the average salary of a Lead Mechanical Engineer in Pune. To know exact salary insights, login to view.
What are the top skills required to work as a Lead Mechanical Engineer at Philips?
EMC, EMI, ISO, Simulation and Sheet Metal are some of the popular skills required to work as a Lead Mechanical Engineer at Philips Pune.
Which similar companies are paying more than Philips to a Lead Mechanical Engineer in Pune?
  • Whirlpool Lead Mechanical Engineer Salary - ₹17.0 Lakhs to ₹23.8 Lakhs per year
  • Tata Technologies Lead Mechanical Engineer Salary - ₹13.0 Lakhs to ₹14.5 Lakhs per year
What is the salary of a Lead Mechanical Engineer in companies similar to Philips in Pune?
  • Cyient Lead Mechanical Engineer Salary - ₹9.5 Lakhs to ₹13.5 Lakhs per year
  • Aqua Tech Systems Lead Mechanical Engineer Salary - ₹8.4 Lakhs to ₹10.7 Lakhs per year
  • Belectric Photovoltaic Lead Mechanical Engineer Salary - ₹4.8 Lakhs to ₹7.8 Lakhs per year
What is the estimated take home salary of a Lead Mechanical Engineer at Philips in Pune?
The estimated take-home salary of a Lead Mechanical Engineer at Philips ranges between ₹88,178 per month to ₹90,492 per month in Pune. The take-home salary calculation is based on the average Philips Lead Mechanical Engineer salary in India which ranges between ₹7.9 Lakhs to ₹16.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Lead Mechanical Engineer at Philips in Pune?
According to AmbitionBox, 100% of the Philips Lead Mechanical Engineers in Pune reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Philips Lead Mechanical Engineer salary in Pune ranges between ₹7.9 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Philips latest salaries received from various employees of Philips.