Precision Engineering Works Development Engineer Salaries by 4 Employees (Updated 2024)

1 - 19 years exp.

₹1.9 Lakh - ₹6 Lakhs

Salary of majority employees

59% less than the average Development Engineer Salary in Industrial Machinery Companies for 1 - 19 years of experience

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Last Updated: 8 Jan 2024

Companies similar to Precision Engineering Works for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Rabwin Industries Development Engineer Salary 1 - 7 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 18% less
Super Auto India Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹6 L/yr 46% more
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Devgiri Forgings Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹5.8 L/yr 19% more
Calsoft Development Engineer Salary 0 - 4 years exp. (319 salaries)	₹3 L/yr - ₹10.6 L/yr 97% more
Signify Development Engineer Salary 2 - 12 years exp. (203 salaries)	₹9 L/yr - ₹35.5 L/yr 543% more

Development Engineer salary at Precision Engineering Works ranges between ₹1.9 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Engineering Works.

Experience wise Precision Engineering Works Development Engineer salaries

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Precision Engineering Works

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Production Engineer Salary

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NPD Engineer Salary

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New Product Development Engineer Salary

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Deputy Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Production Manager Salary

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₹4.8 L/yr - ₹6.1 L/yr

Salary related reviews for Precision Engineering Works

Design Engineer in Pune

Full Time

UX, Design & Architecture Department

5.0

• posted on 01 Dec 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are transparent. Company policy are good, appraisals are fair and they give good salary hike and bonus every year

Dislikes

There is a lot of politics. Career growth is slow. There is a bond of 2 year before which you can not resign.

Quality Engineer

Quality Assurance Department

4.0

• posted on 01 Oct 2018

1.0

for Salary and Benefits

Likes

It was a nice experience working in a small scale industry.I have learned lot of basic mechanical components ideas,also I innovated one process to reduce rework process

Dislikes

Compensation is somewhat OK but career growth is very slow.The work pressure is high,sometimes I have to work late night but no over time salary

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Precision Engineering Works Development Engineer Salary FAQs

What is the salary of Development Engineer at Precision Engineering Works?

Development Engineer salary at Precision Engineering Works in India ranges between ₹1.9 Lakhs to ₹6.0 Lakhs for experience between 1 years to 19 years. According to our estimates it is 59% less than the average Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Precision Engineering Works India.

How does the salary of a Development Engineer at Precision Engineering Works India compare with the average salary range for this job?

The average salary of a Development Engineer at Precision Engineering Works is 59% less than the average salary of a Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Precision Engineering Works to a Development Engineer in India?

Signify Development Engineer Salary - ₹9.0 Lakhs to ₹35.5 Lakhs per year
Calsoft Development Engineer Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
Super Auto India Development Engineer Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
Devgiri Forgings Development Engineer Salary - ₹2.1 Lakhs to ₹5.8 Lakhs per year

What is the salary of a Development Engineer in companies similar to Precision Engineering Works in India?

Rabwin Industries Development Engineer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Development Engineer at Precision Engineering Works in India?

The estimated take-home salary of a Development Engineer at Precision Engineering Works ranges between ₹23,908 per month to ₹25,363 per month in India. The take-home salary calculation is based on the average Precision Engineering Works Development Engineer salary in India which ranges between ₹1.9 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Development Engineer at Precision Engineering Works?

According to AmbitionBox, 100% of the Precision Engineering Works 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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Precision Engineering Works Development Engineer Salaries

Precision Engineering Works Development Engineer salary in India ranges between ₹1.9 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Precision Engineering Works latest salaries received from various employees of Precision Engineering Works.