Reynolds Chennai Product Development Engineer Salaries by 4 Employees

7 - 11 years exp.

₹7.8 Lakhs - ₹9.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% more than the average Product Development Engineer Salary in Other Companies for 7 - 11 years of experience

Interested in this particular role?

Last Updated: 11 Mar 2023

Companies similar to Reynolds for Product Development Engineer in Chennai

Reynolds Product Development Engineer Salary

7 - 11 years exp. (4 salaries)

₹7.8 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Funskool India Product Development Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 60% less	1 job opening
Ford Motor Product Development Engineer Salary 4 - 11 years exp. (38 salaries)	₹7.9 L/yr - ₹20.8 L/yr 76% more
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Detroit Engineered Products Product Development Engineer Salary 2 - 5 years exp. (32 salaries)	₹3.5 L/yr - ₹9 L/yr 35% less
HCLTech Product Development Engineer Salary 1 - 7 years exp. (23 salaries)	₹2.6 L/yr - ₹6.5 L/yr 48% less
Renault Nissan Technology & Business Centre India Product Development Engineer Salary 2 - 10 years exp. (20 salaries)	₹5.7 L/yr - ₹9.5 L/yr 21% less

Product Development Engineer salary at Reynolds ranges between ₹7.8 Lakhs to ₹9.2 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Reynolds.

Experience wise Reynolds Product Development Engineer salaries in Chennai

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

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Senior Engineer Salary

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Junior Engineer Salary

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Salary related reviews for Reynolds

Sales Officer in Navi Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Company is good brand is good company policy is good company related is everything is good, Salary on time, Salary increase every ear but salary increase depends yor ASM RSM jo aage pichhe karega uska to aachh increase ho jayga jo nahi aage pichhe karega work achha karke bhi uska increase & performance achha nahi ho payega yahi system me thora kami hai baki company related every thing is good

Salary - Excellent

+1 more

Dislikes

Agar aap achhe worker hai har trah se achhe hai pure team me aap har trah se achhe ho ye sab log ke jante hue bhi ki aap sabse achhe worker hai lekin ASM RSM ki ji hajuri aage pichhe nahi karenge to aap incentives increasement nahi le payenge yahi system me thori kami hai company ASM RSM ke upar chhor deti hai baki every thing is good

Promotions - Poor

Technician in Chennai

Full Time

Media Production & Entertainment Department

1.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Likes only on time salary credit

Job security - Excellent

Dislikes

Very worst management they are not give importance to employees . Very very worst work culture they put more and more stress on employees. Etc…. In my career I haven’t seen this type of company . In that company management staffs only enjoying if u want to enjoy and peaceful work then join this company as a management staff otherwise don’t go it’s all my opinion

Salary - Bad

+5 more

Sales Representative in Roorkee

Other Department

5.0

• posted on 18 Nov 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Sales Officer in Mumbai

Marketing & Communication Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

I happy to work in Reynolds pens India Pvt ltd and if work properly from the company norms you job will be 💯% secure..about the work culture it is fabulous and management is also too good everyone appreciate your work and always guide the right way to increase your self and the company policies are much better from other companies where I worked . because it is multi national company and always secure his employees..

Salary - Excellent

+6 more

Dislikes

Nothing ..I am happy to work in Reynolds pens India Pvt

Graduate Engineer Apprentice Trainee in Chennai

Quality Control Department

1.0

• posted on 31 May 2022

1.0

for Salary and Benefits

Likes

Very worst company.

Dislikes

Very worst company. Don't go for it. Your life will be wasted. If you work in this and relieve you won't get further opportunity. Totally waste. No mechanical knowledge. Simply pen knowledge. No company recruits you if you work here. Opportunity is less. Very worst.. Life is waste. My personal advice don't go for this company. Otherwise your will be waste of time..

Salary - Bad

+6 more

see more salary related reviews

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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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Reynolds Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Reynolds in Chennai?

The average salary of a Product Development Engineer at Reynolds in Chennai typically ranges from ₹7.8 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Product Development Engineer in Chennai at Reynolds earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Product Development Engineer Salaries at Reynolds 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 4 Reynolds employees in India.

What is the estimated take home salary of a Product Development Engineer at Reynolds in Chennai?

The estimated take-home salary of a Product Development Engineer at Reynolds in Chennai typically ranges from ₹62,309 to ₹63,891 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 7 years to 11 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 4 salaries received from various employees of Reynolds. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reynolds for Product Development Engineer in India?

Ford Motor

₹7.9 Lakhs to ₹20.8 Lakhs per year

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

What is the salary of a Product Development Engineer in companies similar to Reynolds in Chennai?

The salary of a Product Development Engineer at companies similar to Reynolds in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Renault Nissan Technology & Business Centre India	₹5.7 Lakhs to ₹9.5 Lakhs per year
Detroit Engineered Products	₹3.5 Lakhs to ₹9.0 Lakhs per year
HCLTech	₹2.6 Lakhs to ₹6.5 Lakhs per year
Funskool India	₹2.3 Lakhs to ₹4.0 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 Product Development Engineer at Reynolds in Chennai?

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

Experience	Average Salary Range
7 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
8 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
9 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
11 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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Reynolds Product Development Engineer Salaries in Chennai

Reynolds Product Development Engineer salary in Chennai ranges between ₹7.8 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reynolds latest salaries received from various employees of Reynolds.