Schindler Product Development Manager Salaries by 4 Employees (Updated 2024)

10 - 15 years exp.

₹13.3 Lakhs - ₹19 Lakhs

Salary of majority employees

36% less than the average Product Development Manager Salary in Industrial Machinery Companies for 10 - 15 years of experience

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Last Updated: 30 Oct 2023

Companies similar to Schindler for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Siemens Product Development Manager Salary 11 - 19 years exp. (15 salaries)	₹18.8 L/yr - ₹40 L/yr 154% more
ABB Product Development Manager Salary 13 - 17 years exp. (5 salaries)	₹23.9 L/yr - ₹25.6 L/yr 78% more
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Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 10% less
American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 121% more
HARMAN Product Development Manager Salary 10 - 16 years exp. (28 salaries)	₹15.2 L/yr - ₹37 L/yr 83% more

Product Development Manager salary at Schindler ranges between ₹13.3 Lakhs to ₹19 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Schindler.

Experience wise Schindler Product Development Manager salaries

Last Updated: 30 Oct 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
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12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹24.7 L/yr

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Salary related reviews for Schindler

1.0

Rated by 1 employees for salary & benefits

Area Manager in Pune

Full Time

Project & Program Management Department

4.0

• posted on 25 Sep 2024

4.0

for Salary and Benefits

Likes

They really do care about employees & the benefits except salary are one of USP of this company like helping hands, term insurance etc.

Dislikes

Only numbers matters here at the end of the month, quarter & year sometime overlooked the efforts made by the workmen

Customer Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Apr 2024

5.0

for Salary and Benefits

Likes

Initially they provide training for everything. Alternate Saturday off. Good salary structure.if you are in maintenance then the team is really great

Dislikes

Appraisal politics . If you are in maintenance then there will be lot of work load some times you have to work on Saturday and Sunday

Customer Engineer in Ludhiana

Existing Installation Department

3.0

• posted on 06 Nov 2022

3.0

for Salary and Benefits

Likes

Learning wise, schindler is best In the world ever i experienced. No one company give trainings Like Schindler Safety is always priority here . That is the best thing here

Dislikes

...care. Leaders promise on their behalf but you didn't get extra time benefits. 2. Salary and benefits Salary and benefits are depend upon 1 thing"boss's favourite" If u are one his favourite, you will get good appraisal, you can come late or never come on same day, no one will ask you. 3. No Job Security here. Your leader transfer you with or without any reason ,but that transfers mostly are without benefits. Even if you approach to HR or DGM level, they again make a loop with leader and not any solution you will get. 4. Work satisfaction:- Work satisfaction is zero Even it will be best place to work if everyone follow company rules and regulations. But everyone loves their own perks. 5. Company culture Company culture is only for leaders . Even company culture is that you cant hire a fraud person and be honest with company for this matter If a leader hire a relative ( with fraud background) here with any information to team and if team will complaint it ,your leader will take it personally. So culture is only depend on your. seniors Even if a leader appoint

Project Engineer in Hyderabad / Secunderabad

New Installation Department

4.0

• posted on 29 Oct 2022

5.0

for Salary and Benefits

Likes

Salary good because it is on time Perks also good by keeping bills Reporting manager is good.but sometimes high authority spoils the realtionships

Dislikes

Political influence Possisiveness of same language of people

Field Technician in Bangalore Rural

Other Department

4.0

• posted on 06 May 2021

4.0

for Salary and Benefits

Likes

In this i learned a lot of thing about work.i like this company, because in this company they give first priority to employes.managments are well supporter's to technicians.

Dislikes

There is no bonus but incentive is there no use for that.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Schindler Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Schindler?

Product Development Manager salary at Schindler in India ranges between ₹13.3 Lakhs to ₹19.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 36% less than the average Product Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Schindler India.

How does the salary of a Product Development Manager at Schindler India compare with the average salary range for this job?

The average salary of a Product Development Manager at Schindler is 36% less than the average salary of a Product Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Schindler to a Product Development Manager in India?

Siemens Product Development Manager Salary - ₹18.8 Lakhs to ₹40.0 Lakhs per year
American Express Product Development Manager Salary - ₹20.0 Lakhs to ₹38.0 Lakhs per year
HARMAN Product Development Manager Salary - ₹15.2 Lakhs to ₹37.0 Lakhs per year
ABB Product Development Manager Salary - ₹23.9 Lakhs to ₹25.6 Lakhs per year

What is the salary of a Product Development Manager in companies similar to Schindler in India?

Bosch Product Development Manager Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Product Development Manager at Schindler in India?

The estimated take-home salary of a Product Development Manager at Schindler ranges between ₹96,864 per month to ₹99,484 per month in India. The take-home salary calculation is based on the average Schindler Product Development Manager salary in India which ranges between ₹13.3 Lakhs to ₹19.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Product Development Manager at Schindler?

According to AmbitionBox, 100% of the Schindler Product Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Schindler Product Development Manager Salaries

Schindler Product Development Manager salary in India ranges between ₹13.3 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Schindler latest salaries received from various employees of Schindler.