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1. Salary one time 2. Job security 3.working culture is too good 4. Seniors are too supportive 5. Who is looking to stay for long terms. It is too good for him
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Annual salary range
1 - 2 years exp.
₹2.7
Lakhs - ₹3.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Companies similar to Phoenix Mecano for new Product Development Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ABB new Product Development Engineer Salary
3 - 5 years exp. (4 salaries) |  ₹4.5 L/yr - ₹5.3 L/yr 
57%
more | |
 Schneider Electric new Product Development Engineer Salary
2 - 8 years exp. (3 salaries) | ₹3.4 L/yr - ₹13 L/yr
147%
more | |
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| ||
 Havells new Product Development Engineer Salary
1 - 7 years exp. (4 salaries) | ₹5.5 L/yr - ₹8.6 L/yr
107%
more | |
 Thermax Limited new Product Development Engineer Salary
0 - 5 years exp. (4 salaries) | ₹6.3 L/yr - ₹11.1 L/yr
181%
more | |
 SPX Flow Technology new Product Development Engineer Salary
10 - 13 years exp. (5 salaries) | ₹9.5 L/yr - ₹16.5 L/yr
310%
more | |
 Segula Technologies new Product Development Engineer Salary
1 - 2 years exp. (4 salaries) | ₹3.7 L/yr - ₹4.5 L/yr
26%
more | |
 Mann And Hummel Filter new Product Development Engineer Salary
3 - 5 years exp. (3 salaries) | ₹6.6 L/yr - ₹7.7 L/yr
126%
more | |
new Product Development Engineer salary at Phoenix Mecano ranges between ₹2.7
Lakhs
to ₹3.5
Lakhs
per year for employees with experience between 1 year to 2 years. Salary
estimates are based on
2 latest salaries received
from various employees of Phoenix Mecano.
Similar Designation salaries in Phoenix Mecano
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1w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Phoenix Mecano new Product Development Engineer Salary FAQs
What is the notice period for new Product Development Engineer at Phoenix Mecano?
According to AmbitionBox, 100% of the Phoenix Mecano new Product Development Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.
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Phoenix Mecano new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Phoenix Mecano.