Philips Pune Product Engineer Salaries by 5 Employees (Updated 2024)

0 - 2 years exp.

₹10 Lakhs - ₹11.3 Lakhs

Salary of majority employees

44% 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 in Pune

Philips Product Engineer Salary

0 - 2 years exp. (5 salaries)

₹10 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Engineer Salary 2 - 6 years exp. (26 salaries)	₹4 L/yr - ₹8.6 L/yr 41% less
Adient Product Engineer Salary 8 - 15 years exp. (168 salaries)	₹7.4 L/yr - ₹17 L/yr 23% more
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LTIMindtree Product Engineer Salary 1 - 6 years exp. (123 salaries)	₹4 L/yr - ₹12.1 L/yr 35% less
Cummins Product Engineer Salary 0 - 10 years exp. (107 salaries)	₹4.4 L/yr - ₹15.1 L/yr 16% less
TCS Product Engineer Salary 0 - 4 years exp. (46 salaries)	₹3 L/yr - ₹9 L/yr 43% less

Product Engineer salary at Philips ranges between ₹10 Lakhs to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Philips.

Experience wise Philips Product Engineer salaries in Pune

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

Similar Designation salaries in Philips

Senior Engineer Salary

(11 salaries)

₹6.5 L/yr - ₹17 L/yr

System Engineer Salary

(11 salaries)

₹10.5 L/yr - ₹26.7 L/yr

Lead Engineer Salary

(9 salaries)

₹10.5 L/yr - ₹30 L/yr

Software Engineer Salary

(8 salaries)

₹8.5 L/yr - ₹13.85 L/yr

Senior Software Engineer Salary

(5 salaries)

₹11 L/yr - ₹21 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

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

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

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.

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.

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.

Dislikes

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

Internship Trainee in Bangalore / Bengaluru

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.

Area Sales Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

If you hike your salary only

Dislikes

No working culture no job security no senior support only setting mental harassment work satisfaction level zero job stability level very trouble full if you want you live is go to hell then you in this

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Salary Discussions, Hike & Promotions

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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Philips Product Engineer Salary FAQs

What is the salary of Product Engineer at Philips Pune?

Product Engineer salary at Philips in Pune ranges between ₹10.0 Lakhs to ₹11.3 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 44% more than the average Product Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Philips Pune.

How does the salary of a Product Engineer at Philips Pune compare with the average salary range for this job?

The average salary of a Product Engineer at Philips is 44% more than the average salary of a Product Engineer in Pune. To know exact salary insights, login to view.

What are the top skills required to work as a Product Engineer at Philips?

Regulations, Test Cases, Quality Systems, Risk Management and Ale are some of the popular skills required to work as a Product Engineer at Philips Pune.

Which similar companies are paying more than Philips to a Product Engineer in Pune?

Adient Product Engineer Salary - ₹7.4 Lakhs to ₹17.0 Lakhs per year

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

Cummins Product Engineer Salary - ₹4.4 Lakhs to ₹15.1 Lakhs per year
LTIMindtree Product Engineer Salary - ₹4.0 Lakhs to ₹12.1 Lakhs per year
HARMAN Product Engineer Salary - ₹4.0 Lakhs to ₹8.6 Lakhs per year
TCS Product Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Product Engineer at Philips ranges between ₹78,164 per month to ₹80,194 per month in Pune. The take-home salary calculation is based on the average Philips Product Engineer salary in India which ranges between ₹10.0 Lakhs to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Product Engineer at Philips in Pune?

According to AmbitionBox, 60% of the Philips Product Engineers in Pune reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Philips Product Engineer Salaries in Pune

Philips Product Engineer salary in Pune ranges between ₹10 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Philips latest salaries received from various employees of Philips.