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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
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Annual salary range
2 - 5 years exp.
₹1.9
Lakh - ₹3.8
Lakhs
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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 salary23% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 2 - 5 years of experience
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new Product Development Engineer salary at Precision Engineering Works ranges between ₹1.9
Lakh
to ₹3.8
Lakhs
per year for employees with experience between 2 years to 5 years. Salary
estimates are based on
8 latest salaries received
from various employees of Precision Engineering Works.
Latest annual salaries shared by Precision Engineering Works new Product Development Engineer
1y ago
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exp.
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exp.
1y ago
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exp.
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Experience wise Precision Engineering Works new Product Development Engineer salaries
Last Updated: 14 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹1.9
L/yr
- ₹4.9
L/yr
|
| 3 years (4 salaries) |
₹2.3
L/yr
- ₹3.6
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹1.3
L/yr
- ₹3.6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹3.8
L/yr
|
Similar Designation salaries in Precision Engineering Works
Salary related reviews for Precision Engineering Works
Top trending discussions
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Salary Discussions, Hike & Promotions
2w
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 new Product Development Engineer Salary FAQs
What is the salary of new Product Development Engineer at Precision Engineering Works?
new Product Development Engineer salary at Precision Engineering Works in India ranges between ₹1.9 Lakhs to ₹3.8 Lakhs for experience between 2 years to 5 years. According to our estimates it is 23% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Precision Engineering Works India.
How does the salary of a new Product Development Engineer at Precision Engineering Works India compare with the average salary range for this job?
The average salary of a new Product Development Engineer at Precision Engineering Works is 23% less than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Precision Engineering Works to a new Product Development Engineer in India?
- Neel Auto new Product Development Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
- INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
- L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.7 Lakhs per year
What is the salary of a new Product Development Engineer in companies similar to Precision Engineering Works in India?
- Super Auto India new Product Development Engineer Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
- Rabwin Industries new Product Development Engineer Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at Precision Engineering Works in India?
The estimated take-home salary of a new Product Development Engineer at Precision Engineering Works ranges between ₹22,035 per month to ₹23,518 per month in India. The take-home salary calculation is based on the average Precision Engineering Works new Product Development Engineer salary in India which ranges between ₹1.9 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Engineer at Precision Engineering Works?
According to AmbitionBox, 100% of the Precision Engineering Works 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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Precision Engineering Works new Product Development Engineer salary
in
India
ranges between ₹1.9
Lakh to ₹3.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
8
Precision Engineering Works latest salaries received from various employees of
Precision Engineering Works.