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Schaeffler India Design Engineer salaries in Hosur

Annual salary range
2 - 6 years exp.
₹2 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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6% less than the average Design Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 16 Oct 2024

Companies similar to Schaeffler India for Design Engineer in Hosur

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Schaeffler India Design Engineer Salary

2 - 6 years exp. (7 salaries)

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₹2 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tenneco Design Engineer Salary

1 - 5 years exp. (6 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 18% less
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TVS Motor Design Engineer Salary

1 - 6 years exp. (50 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 15% less
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₹1.6 L/yr - ₹5.9 L/yr

arrow icon 15% less
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Harita Techserv Design Engineer Salary

1 - 6 years exp. (31 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 15% less
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Magtorq Design Engineer Salary

0 - 5 years exp. (26 salaries)

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₹1.8 L/yr - ₹4.6 L/yr

arrow icon 37% less
Design Engineer salary at Schaeffler India ranges between ₹2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Design Engineer in Hosur

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Experience wise Schaeffler India Design Engineer salaries in Hosur

Last Updated: 16 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Schaeffler India

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₹7 L/yr - ₹9.9 L/yr

Top skills at Schaeffler India for Design Engineer

Design Engineering Automobile Engineering AutoCAD Drafting Windchill Mechanical Engineering Maintenance 2D Drafting Automobile Drawing SAP Product Design Hydraulics

Salary related reviews for Schaeffler India

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 28 May 2019

2.0
 for  Salary and Benefits

Likes

Technology wise the products are superior, they are the best in transmission applications design. The people are very supportive. Work culture is far better than many companies. Scope for short term onsite opportunites exist for new product trainngs. R&D is attached to plant.

read more
  • Skill development - Good
  • +3 more

Dislikes

...have to served on onsite training is too much. 3 months training / 3 years bond. Low compensation. Negativeness spreaded among the people. Recognition is long for your work.

read more
  • Salary - Poor

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

Technical Exposure is good here . Good Training provided to new joiners . Salary is competitive wrt teir 1 automotive companies.

read more
  • Salary - Good
  • +4 more

Dislikes

Management is never in the favour of WFH . Some employees are hired at good positions , although they don`t seem to deserve it . HR department is useless , un-responsive and careless .

read more

Research & Development Department

3.0
  •  posted on 31 Oct 2020

3.0
 for  Salary and Benefits

Likes

Company is fully personal relationship oriented. During Covid-19 there was pay cut through pain sharing method (personal leave deducted) and work from home option was given for possible employees. HR decision were taken from central HR team. Apprisal for the previous year was cut and can't expect for this year also.

read more
  • Job security - Good

Dislikes

Company culture would have been more process oriented and not person dependent. Trying to be flexible to customer demand Skipping the development process and squeezing the Internal team is Not good and it largely affects the work life balance and employees relationship.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 23 Oct 2024

5.0
 for  Salary and Benefits

Likes

Only salary and benefits are good

  • Salary - Excellent
  • +1 more

Dislikes

Hopeless working culture. People having 15+ yrs of experience with 0 knowledge. And have Ego on the 7th floor. Diploma holders became manager by favouritism and do micro management. No planning only fire fighting. These all things are only applicable for Savli plant. In general schaeffler is Excellent organisation.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 16 Oct 2024

3.0
 for  Salary and Benefits

Likes

Salary and job security is good

  • Job security - Good

Dislikes

Poor culture. Politics runs throughout the structure, no inclusivity for people from outside. Most of people managers would not let others go ahead. The culture is built so that the company and people are the last priority.

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Schaeffler India Design Engineer Salary FAQs

What is the salary of Design Engineer at Schaeffler India in Hosur?
The average salary of a Design Engineer at Schaeffler India in Hosur typically ranges from ₹2.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Design Engineer in Hosur at Schaeffler India earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Design Engineer Salaries at Schaeffler India 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 7 Schaeffler India employees in India.
What is the estimated take home salary of a Design Engineer at Schaeffler India in Hosur?
The estimated take-home salary of a Design Engineer at Schaeffler India in Hosur typically ranges from ₹34,890 to ₹36,132 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 salaries received from various employees of Schaeffler India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Design Engineer at Schaeffler India in Hosur?
To be a Design Engineer at Schaeffler India in Hosur, the key skills required include:

  • - Design Engineering
  • - Automobile Engineering
  • - AutoCAD
  • - Drafting
  • - Windchill

These skills are highly valued at Schaeffler India and are crucial for successful performance in a Software Engineering role.
What is the salary of a Design Engineer in companies similar to Schaeffler India in Hosur?
The salary of a Design Engineer at companies similar to Schaeffler India in Hosur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Titan Engineering & Automation ₹1.6 Lakhs to ₹5.9 Lakhs per year
Harita Techserv ₹2.0 Lakhs to ₹5.5 Lakhs per year
TVS Motor ₹2.0 Lakhs to ₹8.0 Lakhs per year
Tenneco ₹2.0 Lakhs to ₹4.5 Lakhs per year
Magtorq ₹1.8 Lakhs to ₹4.6 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 Design Engineer at Schaeffler India in Hosur?
The salary growth for a Design Engineer at Schaeffler India in Hosur depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Hosur can expect the following growth trajectory at Schaeffler India:

Experience Average Salary Range
2 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
5 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
and so on.

Tell us how to improve this page.

Schaeffler India Design Engineer salary in Hosur ranges between ₹2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Schaeffler India latest salaries received from various employees of Schaeffler India.