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Powerinst Electromagnets

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4.4

based on 3 Reviews

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This rating is based on a small number of reviews, so it may not fully reflect the overall employee experience.
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Powerinst Electromagnets new Product Development Engineer salaries in India

Annual salary range
1 - 8 years exp.
₹2.6 Lakhs - ₹3.1 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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26% less than the average new Product Development Engineer Salary for 1 - 8 years of experience

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Last Updated: 6 Oct 2024

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new Product Development Engineer salary at Powerinst Electromagnets ranges between ₹2.6 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Powerinst Electromagnets .

Latest annual salaries shared by Powerinst Electromagnets new Product Development Engineer

2mo ago
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1 year exp.
1y ago
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8 years exp.

Experience wise Powerinst Electromagnets new Product Development Engineer salaries

Last Updated: 6 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Powerinst Electromagnets

Development Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Production Engineer Salary
(4 salaries)
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₹2.2 L/yr - ₹4 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Production Supervisor Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Quality Engineer Salary
(3 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

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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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Powerinst Electromagnets new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Powerinst Electromagnets ?
According to AmbitionBox, 100% of the Powerinst Electromagnets new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Powerinst Electromagnets new Product Development Engineer salary in India ranges between ₹2.6 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Powerinst Electromagnets latest salaries received from various employees of Powerinst Electromagnets .