Schneider Electric new Product Development Engineer Salaries by 3 Employees (Updated 2024)

2 - 8 years exp.

₹3.4 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

96% more than the average new Product Development Engineer Salary in Industrial Automation Companies for 2 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering new Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
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Research & Development new Product Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.6 L/yr

Last Updated: 28 Dec 2023

Companies similar to Schneider Electric for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
ABB new Product Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 36% less
Eaton Corporation new Product Development Engineer Salary 8 - 12 years exp. (4 salaries)	₹11 L/yr - ₹14.3 L/yr 63% more
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Janatics India new Product Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹4.1 L/yr 61% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (72 salaries)	₹2.7 L/yr - ₹5.7 L/yr 49% less
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (44 salaries)	₹1.7 L/yr - ₹4.7 L/yr 58% less

new Product Development Engineer salary at Schneider Electric ranges between ₹3.4 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Schneider Electric.

Experience wise Schneider Electric new Product Development Engineer salaries

Last Updated: 28 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

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Salary related reviews for Schneider Electric

Deputy Manager in Mumbai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 14 Sep 2024

2.0

for Salary and Benefits

Likes

Work life balance and learning opportunities

Dislikes

They don’t have respect for their hardworking and experience employees. Instead they believe more on freshers GET and give more opportunities and Salary to Them.

Deputy Manager in Rudrapur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 03 Jul 2023

3.0

for Salary and Benefits

Likes

Company is very good and policy is also good.

Dislikes

...l management is not good.Not take care as per policy.They doing partiality also.No respact to good worker and no support for development and Growth like salary and skills.

Quality Engineer in Chennai

Full Time

Quality Assurance Department

4.0

• posted on 27 Feb 2023

3.0

for Salary and Benefits

Likes

Good atmosphere for a employee during working time.there first preference to the employee safety and next they focus machine performance and next the man power output

Dislikes

Not enough to the salary and no increament.not taken pf

Design Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 May 2023

3.0

for Salary and Benefits

Likes

Schneider is one of the top MNC's to work at and has a great culture of working. It is employee centric and is driven by its core values which motivatea employees to do best

Dislikes

Compensation is not on par with the other competitive companies like TI, GE, ABB

Deputy Manager in Mumbai Suburban

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Dec 2022

2.0

for Salary and Benefits

Likes

Excellent company culture, Flexible working, very supportive team members & leaders. Great place to work

Dislikes

Limited growth Very low appraisal Salary is good for new joiner, but for old employees it is not competitive.

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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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Schneider Electric new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Schneider Electric?

According to AmbitionBox, 100% of the Schneider Electric new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Schneider Electric new Product Development Engineer Salaries

Schneider Electric new Product Development Engineer salary in India ranges between ₹3.4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Schneider Electric latest salaries received from various employees of Schneider Electric.