Precision Engineering Works Senior Engineer Product Development Salaries by 3 Employees

5 - 8 years exp.

₹4.2 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

57% less than the average Senior Engineer Product Development Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 23 Dec 2023

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Envestnet Asset Management Senior Engineer Product Development Salary 2 - 4 years exp. (37 salaries)	₹6.9 L/yr - ₹12 L/yr 38% more
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Senior Engineer Product Development salary at Precision Engineering Works ranges between ₹4.2 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Precision Engineering Works.

Experience wise Precision Engineering Works Senior Engineer Product Development salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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8 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 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

Salary - Excellent

+6 more

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

Skill development - Good

+1 more

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

Salary - Bad

+1 more

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

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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Precision Engineering Works Senior Engineer Product Development Salary FAQs

How the salary growth look like for a Senior Engineer Product Development at Precision Engineering Works in India?

The salary growth for a Senior Engineer Product Development at Precision Engineering Works depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Product Development can expect the following growth trajectory at Precision Engineering Works:

Experience	Average Salary Range
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
8 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Precision Engineering Works Senior Engineer Product Development Salaries

Precision Engineering Works Senior Engineer Product Development salary in India ranges between ₹4.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Precision Engineering Works latest salaries received from various employees of Precision Engineering Works.

Precision Engineering Works Senior Engineer Product Development salaries in India