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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 India

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.
Avg. annual salary
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Monthly In-hand Salary

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18% more than the average new Product Development Engineer Salary in Architecture & Interior Design Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2023

Companies similar to Phoenix Engineering for new Product Development Engineer

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Schneider Electric new Product Development Engineer Salary

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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

1y ago
₹5.4 Lakhs
4 years exp.
1y ago
₹3.6 Lakhs
3 years exp.

Experience wise Phoenix Engineering new Product Development Engineer salaries

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

Similar Designation salaries in Phoenix Engineering

Development Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Senior Design Engineer Salary
(4 salaries)
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₹9.4 L/yr - ₹13.5 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Design Engineer Salary
(5 salaries)
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₹1.8 L/yr - ₹4.5 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Senior Engineer Salary
(4 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹12.4 L/yr - ₹15.9 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
NPD Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 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
  • Skill development - Excellent

Dislikes

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

  • Salary - Bad
    • +4 more
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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Phoenix Engineering new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Phoenix Engineering in India?
The salary growth for a new Product Development Engineer at Phoenix Engineering depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Phoenix Engineering:

Experience Average Salary Range
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
5 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
and so on.

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Phoenix Engineering new Product Development Engineer salary in India 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.