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Precision Power Product R&D Engineer salaries in India

Annual salary range
1 - 5 years exp.
₹1.8 Lakh - ₹4.3 Lakhs
Salary of majority employees
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70% less than the average R&D Engineer Salary for 1 - 5 years of experience

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Salaries in different departments

Research & Development
R&D Engineer Salary
1 - 4 years exp. (10 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

Engineering - Software & QA
R&D Engineer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.8 L/yr

Last Updated: 2 Jan 2024

Companies similar to Precision Power Product for R&D Engineer

Company name Avg Annual Salary Open Jobs
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BHEL R&D Engineer Salary

1 - 4 years exp. (3 salaries)

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₹1.4 L/yr - ₹1.7 L/yr

arrow icon 46% less
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Thermax Limited R&D Engineer Salary

1 - 4 years exp. (3 salaries)

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₹2.1 L/yr - ₹7.1 L/yr

arrow icon 58% more
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₹3 L/yr - ₹7.5 L/yr

arrow icon 85% more
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Siemens R&D Engineer Salary

0 - 8 years exp. (21 salaries)

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₹5 L/yr - ₹19.6 L/yr

arrow icon 317% more
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ABB R&D Engineer Salary

2 - 9 years exp. (327 salaries)

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₹6 L/yr - ₹22.3 L/yr

arrow icon 437% more
1 job opening
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Havells R&D Engineer Salary

0 - 5 years exp. (32 salaries)

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₹2.4 L/yr - ₹10.5 L/yr

arrow icon 139% more
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Schneider Electric R&D Engineer Salary

0 - 6 years exp. (19 salaries)

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₹2.7 L/yr - ₹12 L/yr

arrow icon 156% more
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Larsen & Toubro Limited R&D Engineer Salary

0 - 3 years exp. (6 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 12% more
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Marelli R&D Engineer Salary

2 - 7 years exp. (38 salaries)

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₹5 L/yr - ₹9.2 L/yr

arrow icon 156% more
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HCL Infosystems R&D Engineer Salary

2 - 7 years exp. (6 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 46% more
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Seoyon E-hwa Automotive R&D Engineer Salary

2 - 6 years exp. (4 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 102% more
R&D Engineer salary at Precision Power Product ranges between ₹1.8 Lakh to ₹4.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Precision Power Product.

Latest annual salaries shared by Precision Power Product R&D Engineer

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Experience wise Precision Power Product R&D Engineer salaries

Last Updated: 2 Jan 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.8 L/yr - ₹4.4 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹2.8 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.3 L/yr
5 years  (3 salaries)

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₹2.8 L/yr - ₹4.3 L/yr

Similar Designation salaries in Precision Power Product

Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
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₹2.5 L/yr - ₹4.6 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
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₹1.8 L/yr - ₹4.4 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for Precision Power Product

3.0

Rated by 1 employees for salary & benefits

Production, Manufacturing & Engineering Department

5.0
  •  posted on 18 Jul 2020

5.0
 for  Salary and Benefits

Likes

... culture. Teammates & cloughie are supportive and the management is transparent. Company policies are excellent, appraisals are fair and they give good Salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Project & Program Management Department

4.0
  •  posted on 07 Apr 2022

2.0
 for  Salary and Benefits

Likes

Testing and Development, Installation ,JRI,PDI, TRAINING TO CUSTOMER,R &D, ELECTRICAL DESIGEN and Development, Development of Mechanical Design, Documentation of User manual -Technical manual-Bilangual manual-log books of 20 KW Rectifier trolly project, Design of 25 KW load bank (Resistive) Job security 3* Work culture 4* Company policies 0*

read more
  • Skill development - Excellent
  • +3 more

Dislikes

  • Salary - Poor
  • Company culture - Poor
see more salary related reviews

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Precision Power Product R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Precision Power Product ?
The average salary of a R&D Engineer at Precision Power Product in India typically ranges from ₹1.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of R&D Engineer at Precision Power Product earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. R&D Engineer Salaries at Precision Power Product can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Precision Power Product employees in India.
What is the estimated take home salary of a R&D Engineer at Precision Power Product in India?
The estimated take-home salary of a R&D Engineer at Precision Power Product in India typically ranges from ₹19,752 to ₹21,419 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Precision Power Product. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Precision Power Product for R&D Engineer in India?
ABB ₹6.0 Lakhs to ₹22.3 Lakhs per year
Siemens ₹5.0 Lakhs to ₹19.6 Lakhs per year
Schneider Electric ₹2.7 Lakhs to ₹12.0 Lakhs per year
Marelli ₹5.0 Lakhs to ₹9.2 Lakhs per year
Havells ₹2.4 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Precision Power Product, depending on the role and experience level.
What is the salary of a R&D Engineer in companies similar to Precision Power Product in India?
The salary of a R&D Engineer at companies similar to Precision Power Product in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Seoyon E-hwa Automotive ₹4.0 Lakhs to ₹6.5 Lakhs per year
Crompton Greaves Consumer Electricals ₹3.0 Lakhs to ₹7.5 Lakhs per year
Thermax Limited ₹2.1 Lakhs to ₹7.1 Lakhs per year
HCL Infosystems ₹1.8 Lakhs to ₹6.5 Lakhs per year
Larsen & Toubro Limited ₹2.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a R&D Engineer at Precision Power Product in India?
The salary growth for a R&D Engineer at Precision Power Product depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at Precision Power Product:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹4.4 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.8 Lakhs per year
4 years ₹2.9 Lakhs to ₹3.3 Lakhs per year
and so on.

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Precision Power Product R&D Engineer salary in India ranges between ₹1.8 Lakh to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Precision Power Product latest salaries received from various employees of Precision Power Product.