S H Electronics new Product Development Engineer Salaries by 4 Employees

1 - 10 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average new Product Development Engineer Salary in Industrial Machinery Companies for 1 - 10 years of experience

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Last Updated: 17 Aug 2024

Companies similar to S H Electronics for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Nash Industries new Product Development Engineer Salary 1 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹6 L/yr 27% more
C.R.I. Pumps new Product Development Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 55% less
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Flowserve new Product Development Engineer Salary 8 - 11 years exp. (3 salaries)	₹9.4 L/yr - ₹10.5 L/yr 170% more
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 8% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 11% less

new Product Development Engineer salary at S H Electronics ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of S H Electronics.

Experience wise S H Electronics new Product Development Engineer salaries

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in S H Electronics

Production Engineer Salary

(4 salaries)

₹1.2 L/yr - ₹2.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(4 salaries)

₹7.9 L/yr - ₹9 L/yr

Production Supervisor Salary

(4 salaries)

₹1.2 L/yr - ₹2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Quality Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.1 L/yr

Salary related reviews for S H Electronics

Quality Inspector in Kancheepuram

Full Time

Quality Assurance Department

4.0

• posted on 03 Feb 2022

1.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. For chilling is a huge cafeteria are food

Work satisfaction - Good

Dislikes

There is a lot of politics and that management doesn't address our issues. Salary is decent but career growth is slow.There I'd a bond of 2 years before which you cannot resign on that job Training is not given to new joinees

Salary - Bad

+2 more

GET-PPC in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 18 May 2018

5.0

for Salary and Benefits

Likes

SH Electronics company is a multinational company all over braches out of india's was samsung india pvt and automobile components is good quality productions and accoumatation and food facility company learning more functions chances gave compared for other country best all enployess like friendly.and forign oppurnity of MNC.

Salary - Excellent

+4 more

Dislikes

I was working 4 years in company but title no giving and GET position salary increasing less yearly 750,800 incresing so change like company.

Job security - Bad

+1 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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S H Electronics new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at S H Electronics ?

The average salary of a new Product Development Engineer at S H Electronics in India typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of new Product Development Engineer at S H Electronics earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. new Product Development Engineer Salaries at S H Electronics 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 S H Electronics employees in India.

What is the estimated take home salary of a new Product Development Engineer at S H Electronics in India?

The estimated take-home salary of a new Product Development Engineer at S H Electronics in India typically ranges from ₹27,448 to ₹28,850 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of S H Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than S H Electronics for new Product Development Engineer in India?

Flowserve	₹9.4 Lakhs to ₹10.5 Lakhs per year
Nash Industries	₹1.8 Lakhs to ₹6.0 Lakhs per year
INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a new Product Development Engineer in companies similar to S H Electronics in India?

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

L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
C.R.I. Pumps	₹1.6 Lakhs to ₹2.0 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 new Product Development Engineer at S H Electronics in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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S H Electronics new Product Development Engineer Salaries

S H Electronics new Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 S H Electronics latest salaries received from various employees of S H Electronics.