Philips Product Engineer Salaries by 6 Employees

0 - 2 years exp.

₹9.5 Lakhs - ₹11.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹9.5 Lakhs

Variable (9%)

₹0.9 Lakh

24% more than the average Product Engineer Salary in Consumer Electronics & Appliances Companies for 0 - 2 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Product Engineer Salary 1 - 2 years exp. (3 salaries)	₹11 L/yr - ₹11.3 L/yr
Production, Manufacturing & Engineering Product Engineer Salary Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Research & Development Product Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.4 L/yr

Last Updated: 30 Oct 2024

Companies similar to Philips for Product Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Engineer Salary 2 - 5 years exp. (328 salaries)	₹3.4 L/yr - ₹11.1 L/yr 35% less	2 job openings
OPPO Product Engineer Salary 1 - 5 years exp. (67 salaries)	₹2.4 L/yr - ₹6.5 L/yr 62% less
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Western Digital Product Engineer Salary 1 - 3 years exp. (20 salaries)	₹3.5 L/yr - ₹5.1 L/yr 60% less
Samsung Research Product Engineer Salary 2 - 6 years exp. (5 salaries)	₹14 L/yr - ₹18.3 L/yr 54% more
Vivo Product Engineer Salary 3 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹5 L/yr 63% less
Dell Product Engineer Salary 0 - 4 years exp. (4 salaries)	₹5.5 L/yr - ₹9 L/yr 33% less
Lenovo Product Engineer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 36% less
Samsung Product Engineer Salary 2 - 9 years exp. (3 salaries)	₹8.3 L/yr - ₹16 L/yr 28% more

Product Engineer salary at Philips ranges between ₹9.5 Lakhs to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Philips.

Experience wise Philips Product Engineer salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
1 year (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

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Web Developer Salary

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Java Developer Salary

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₹6 L/yr - ₹7.7 L/yr

Top skills at Philips for Product Engineer

Regulations Test Cases Quality Systems Risk Management Ale Salary Negotiation FDA 11Kv Medical Devices Quality Engineering Staff Development Team Supervision Communication Skills Compensation Healthcare

Salary related reviews for Philips

4.0

Rated by 1 employees for salary & benefits

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2025

2.0

for Salary and Benefits

Likes

Average company. Just like other service based companies. Sometimes less work, sometimes more.

Dislikes

Very less salary. Big difference of salary. Experienced people are getting way lesser salary then the new joinee. Hike is very less.

Salary - Poor

Software Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

Culture, Hybrid Work Policy, Good Salary and Benefits, Location

Salary - Good

+1 more

Dislikes

Full of people with half knowledge No clarity on the projects & tasks No clarity where the organization is going Layoffs till 2025 announced by CEO Management & HR department is poor

Skill development - Bad

+3 more

Senior Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

2.0

• posted on 27 Sep 2022

2.0

for Salary and Benefits

Likes

The work culture is chilled out. Employees take their sweet time to work on the project.

Job security - Excellent

+1 more

Dislikes

...ars and in all this time I have never seen profits come to the business 6. The Annual incentive part of your salary is never paid in full, maximum you’ll get is 90%. 7. People here know that there job is secure hence the ‘govt job’ mentality is there. Lastly if you’re joining, negotiate your salary so that you can live the next 2 years in the org and leave. Now on the facilities: 1. There is no gymnasium of Philips as such. It is a shared room with equipments between NXP and Philips. 2. No free food not even snacks or beverages. You need to buy it using Sodexo card. And the food isn’t that great. Only thing good was the biryani. 3. No cab facility 4. The company policies regarding employees have gotten worse and worse since new CEO was appointed 5. Team outings were a part of every BU but has stopped since 2019. Final words - be wise and look for something else.

Salary - Poor

+4 more

Software Developer in Bangalore Rural

Engineering - Software & QA Department

3.0

• posted on 07 Apr 2021

1.0

for Salary and Benefits

Likes

Work wise its good , If you are in good team and under good manager.

Skill development - Good

+2 more

Dislikes

Compensation structure is very poor. CTC what they shows and what you get is totally different. No facility , few managers are very bad

Salary - Bad

Marketing Manager in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

2.0

• posted on 24 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...tally dependant on wims and fancy of senior. Would not recommend anyone to join. No working hours for few functions it stretches beyond eight hours with no additional compensation.

Salary - Poor

+5 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Philips Product Engineer Salary FAQs

What is the salary of Product Engineer at Philips ?

The average salary of a Product Engineer at Philips in India typically ranges from ₹9.5 Lakhs to ₹11.3 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Product Engineer at Philips earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. Product Engineer Salaries at Philips 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 6 Philips employees in India.

What is the estimated take home salary of a Product Engineer at Philips in India?

The estimated take-home salary of a Product Engineer at Philips in India typically ranges from ₹74,826 to ₹76,762 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from Fresher to 2 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 6 salaries received from various employees of Philips. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Engineer at Philips ?

To be a Product Engineer at Philips in india, the key skills required include:

- Regulations
- Test Cases
- Quality Systems
- Risk Management
- Ale

These skills are highly valued at Philips and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Philips for Product Engineer in India?

Samsung Research	₹14.0 Lakhs to ₹18.3 Lakhs per year
Samsung	₹8.3 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Philips, depending on the role and experience level.

What is the salary of a Product Engineer in companies similar to Philips in India?

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

Dell	₹5.5 Lakhs to ₹9.0 Lakhs per year
HARMAN	₹3.4 Lakhs to ₹11.1 Lakhs per year
Lenovo	₹6.0 Lakhs to ₹8.0 Lakhs per year
Western Digital	₹3.5 Lakhs to ₹5.1 Lakhs per year
OPPO	₹2.4 Lakhs to ₹6.5 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 Product Engineer at Philips in India?

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

Experience	Average Salary Range
Fresher	₹8.7 Lakhs to ₹11.2 Lakhs per year
1 year	₹9.4 Lakhs to ₹12.0 Lakhs per year
2 years	₹10.0 Lakhs to ₹12.8 Lakhs per year

and so on.

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Philips Product Engineer Salaries

Philips Product Engineer salary in India ranges between ₹9.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Philips latest salaries received from various employees of Philips.