Premier Evolvics R&D Engineer Salaries by 8 Employees

2 - 10 years exp.

₹2.5 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average R&D Engineer Salary in Industrial Machinery Companies for 2 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering R&D Engineer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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Research & Development R&D Engineer Salary 3 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr

Last Updated: 25 Sep 2024

Companies similar to Premier Evolvics for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Maschio Gaspardo R&D Engineer Salary 2 - 6 years exp. (11 salaries)	₹3.2 L/yr - ₹5.9 L/yr 19% more
Bobst India R&D Engineer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr 10% more
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Toshiba R&D Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹5.5 L/yr 24% less
Dassault Systemes R&D Engineer Salary 2 - 8 years exp. (615 salaries)	₹6 L/yr - ₹25 L/yr 263% more
Nokia R&D Engineer Salary 1 - 8 years exp. (438 salaries)	₹6 L/yr - ₹22.7 L/yr 273% more

R&D Engineer salary at Premier Evolvics ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Premier Evolvics.

Experience wise Premier Evolvics R&D Engineer salaries

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

View all

Similar Designation salaries in Premier Evolvics

Senior Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹5 L/yr

Design Engineer Salary

(15 salaries)

₹1.9 L/yr - ₹3.95 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Software Engineer Salary

(4 salaries)

₹2 L/yr - ₹6 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Premier Evolvics

Engineer in Coimbatore

Full Time

Other Department

1.0

• posted on 26 Jun 2023

1.0

for Salary and Benefits

Likes

I work in the defence and aerospace division called Astra and the work is interesting.

Dislikes

...tion is bad and work put in for the startup division (Astra) is not appreciated. They are providing salary and assigning work to employees working in this field(defence and aerospace) as if they were production company employees.

Salary - Bad

+6 more

Senior Mechanical R&D Engineer in Coimbatore

Full Time

Research & Development Department

3.0

• posted on 28 Nov 2024

2.0

for Salary and Benefits

Likes

New engineers will get more salary than who is working more 5 years here

Job security - Good

+1 more

Dislikes

Salary is very low for experienced engineers who is working more the 5 years in premier evolvics when comparing with same industry standards company's.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Sales department Coimbtore Department

1.0

• posted on 04 Oct 2021

1.0

for Salary and Benefits

Likes

Culture is very good. Very bad behavior from peoples.

Dislikes

Here is no security of job suddenly they can take resign as saying we will give one month additional salary then they gives tremendous tension. Right now I am suffering from it. They can't understand market situation they want business only. How ? they don't know. Every customer is unsatisfied from this companies service. So not able to sell repeat product also.

Salary - Bad

+6 more

Service Engineer in Coimbatore

Mvs Department

4.0

• posted on 09 Apr 2021

2.0

for Salary and Benefits

Likes

Teammates are supportive either one person. Company policies are good,

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign.

Salary - Poor

+6 more

Service Engineer in Ahmedabad

Production, Manufacturing & Engineering Department

1.0

• posted on 20 Sep 2019

1.0

for Salary and Benefits

Likes

0% Career Growth, only traveling Salary is very low & they don't give proper Expenses & there is no appraisal. Environment of working also no good & there is no innovation. Totally Premier Evolvics Pvt LTD is not secure for any growth for life.

Dislikes

Totally I don't like Premier Evolvics Pvt LTD company it self.

Salary - Bad

+6 more

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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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Premier Evolvics R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Premier Evolvics ?

The average salary of a R&D Engineer at Premier Evolvics in India typically ranges from ₹2.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of R&D Engineer at Premier Evolvics earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. R&D Engineer Salaries at Premier Evolvics 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 8 Premier Evolvics employees in India.

What is the estimated take home salary of a R&D Engineer at Premier Evolvics in India?

The estimated take-home salary of a R&D Engineer at Premier Evolvics in India typically ranges from ₹29,339 to ₹30,713 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 8 salaries received from various employees of Premier Evolvics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Premier Evolvics for R&D Engineer in India?

Nokia	₹6.0 Lakhs to ₹22.7 Lakhs per year
Dassault Systemes	₹6.0 Lakhs to ₹25.0 Lakhs per year
Maschio Gaspardo	₹3.2 Lakhs to ₹5.9 Lakhs per year
Bobst India	₹3.0 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Premier Evolvics, depending on the role and experience level.

What is the salary of a R&D Engineer in companies similar to Premier Evolvics in India?

The salary of a R&D Engineer at companies similar to Premier Evolvics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Toshiba

₹1.8 Lakhs to ₹5.5 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 Premier Evolvics in India?

The salary growth for a R&D Engineer at Premier Evolvics depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at Premier Evolvics:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Premier Evolvics R&D Engineer Salaries

Premier Evolvics R&D Engineer salary in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Premier Evolvics latest salaries received from various employees of Premier Evolvics.