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Phoenix Engineering

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3.8

based on 8 Reviews

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Phoenix Engineering new Product Development Engineer salaries in Aurangabad

Annual salary range
3 - 5 years exp.
₹3.6 Lakhs - ₹5.4 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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35% more than the average new Product Development Engineer Salary in Architecture & Interior Design Companies for 3 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Phoenix Engineering for new Product Development Engineer in Aurangabad

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Phoenix Engineering new Product Development Engineer Salary

3 - 5 years exp. (3 salaries)
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₹3.6 L/yr - ₹5.4 L/yr

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Company name Avg Annual Salary Open Jobs
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Sanjeev Auto Parts Manufacturers new Product Development Engineer Salary

1 - 6 years exp. (10 salaries)
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₹2.2 L/yr - ₹5.6 L/yr

arrow icon 26% less
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Belrise Industries new Product Development Engineer Salary

2 - 7 years exp. (9 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 27% less
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Rucha Engineers new Product Development Engineer Salary

1 - 5 years exp. (8 salaries)
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₹2 L/yr - ₹3.6 L/yr

arrow icon 40% less
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Varroc Group new Product Development Engineer Salary

3 - 12 years exp. (5 salaries)
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₹2.5 L/yr - ₹7 L/yr

arrow icon 6% less
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Meeta Forge new Product Development Engineer Salary

4 - 8 years exp. (4 salaries)
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₹2 L/yr - ₹3.5 L/yr

arrow icon 43% less
new Product Development Engineer salary at Phoenix Engineering ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Phoenix Engineering.

Latest annual salaries shared by Phoenix Engineering new Product Development Engineer in Aurangabad

1y ago
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4 years exp.
1y ago
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3 years exp.

Experience wise Phoenix Engineering new Product Development Engineer salaries in Aurangabad

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for Phoenix Engineering

Mechanical Engg. Design in Hyderabad / Secunderabad

Research & Development Department

4.0
  •  posted on 25 Mar 2019
1.0
 for  Salary and Benefits

Likes

Everyone are very much motivated to learn more about the product knowledge, tool, domain, etc. And everyone encourage you to explore things.

read more

Dislikes

High work pressure, very slow growth, appreciation received through emails go unnoticed during mid year appraisals.

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w
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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Phoenix Engineering new Product Development Engineer salary in Aurangabad ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Phoenix Engineering latest salaries received from various employees of Phoenix Engineering.