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Samvardhana Motherson Innovative Solutions

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3.9

based on 25 Reviews

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Samvardhana Motherson Innovative Solutions new Product Development Engineer salaries in India

Annual salary range
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₹2.7 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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Last Updated: 6 Sep 2023

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new Product Development Engineer salary at Samvardhana Motherson Innovative Solutions ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Samvardhana Motherson Innovative Solutions.

Similar Designation salaries in Samvardhana Motherson Innovative Solutions

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Salary related reviews for Samvardhana Motherson Innovative Solutions

3.0

Rated by 1 employees for salary & benefits

Sales & Marketing in Pondicherry / Puducherry

Sales & Marketing Department

1.0
  •  posted on 29 Mar 2021
2.0
 for  Salary and Benefits

Likes

One of the worst working environment particularly in this division. (Motherson Sintermetal) Even after 7 years EBITA is still under negative & this is loss making company. Here you may need to work for all the 7 days i.e., including Sunday which leads to mental stress. Also, There is no job security if we are not ready to work on Sundays.

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Dislikes

Yes. There is a lot of politics & the management doesn't address our issues. Top level people are more safe & secured. Managers & below the levels doesn't have any scope for their career growths.

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  • Salary - Poor
    • +6 more
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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Samvardhana Motherson Innovative Solutions new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at Samvardhana Motherson Innovative Solutions in India?
The salary growth for a new Product Development Engineer at Samvardhana Motherson Innovative Solutions depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Samvardhana Motherson Innovative Solutions:

Experience Average Salary Range
5 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

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Samvardhana Motherson Innovative Solutions new Product Development Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Samvardhana Motherson Innovative Solutions.