Schneider Electric Product Development Manager Salaries by 4 Employees

10 - 16 years exp.

₹20.5 Lakhs - ₹51 Lakhs

Low Confidence

Salary of majority employees

Fixed (88%)

₹25.4 Lakhs

Variable (12%)

₹3.4 Lakhs

33% more than the average Product Development Manager Salary in Industrial Automation Companies for 10 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Product Development Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹22.6 L/yr
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Research & Development Product Development Manager Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹51 L/yr

Last Updated: 31 Jul 2024

Companies similar to Schneider Electric for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Siemens Product Development Manager Salary 9 - 19 years exp. (17 salaries)	₹14.3 L/yr - ₹47 L/yr 4% more
American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 7% more
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HARMAN Product Development Manager Salary 10 - 18 years exp. (25 salaries)	₹15.2 L/yr - ₹40 L/yr 8% more
FIS Product Development Manager Salary 10 - 19 years exp. (20 salaries)	₹18.1 L/yr - ₹35.8 L/yr 6% less
Arvind Group Product Development Manager Salary 1 - 10 years exp. (18 salaries)	₹3.2 L/yr - ₹9.2 L/yr 78% less

Product Development Manager salary at Schneider Electric ranges between ₹20.5 Lakhs to ₹51 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Schneider Electric.

Experience wise Schneider Electric Product Development Manager salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
11 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
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13 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
15+ years (AmbitionBox Estimate)	₹48.5 L/yr - ₹53.6 L/yr

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Salary related reviews for Schneider Electric

2.0

Rated by 1 employees for salary & benefits

Management Trainee in Mumbai

Full Time

Other Department

1.0

• posted on 10 Aug 2024

5.0

for Salary and Benefits

Likes

Salary

Salary - Excellent

Dislikes

Culture. What they highlight to public is not happening inside the organization. This organization is not fit for freshers but very good for veterans. Hardly very few managers groom freshers. It all depends on manager. HR never listen to grievances. They listen to managers. The one who makes grievances are thrown out. Company value only veterans.

Skill development - Bad

+4 more

Automation Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 17 Nov 2023

1.0

for Salary and Benefits

Likes

Salary hike.......

Dislikes

Due to this company my healthy married life is getting worst day by day . My husband who is working in Schneider has to visit several sites that was normal on 2022. In past years there was work life balance as mentioned in contract 40 to 50% site visit but nowadays without informing it has been increased to 80 to 90% due to this we are not even getting enough time to talk to each other and for this reason my mental health is getting affected also developing suicidal tendencies

Salary - Bad

+5 more

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

Job security - Good

+2 more

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.

Salary - Poor

+1 more

Deputy General Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

L&T E&A a unit of Schneider Electric you get to learn a lot try and experiment Explore new thing in your own department as well as cross function Schneider is always green 🟢 way transparent clear policy and benefit for all grade. Company believes you earn more you take more.

Skill development - Excellent

+1 more

Dislikes

... by l&t e&a hr that employees mast stay this band who is hr to decide on band See compensation ration wrt to Schneider

Salary - Bad

+4 more

Deputy General Manager in Bangalore / Bengaluru

Full Time

Project & Program Management Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Good people, well qualified for the position hired

Job security - Good

Dislikes

... lose their skills due to lack of process and proper projects Bad work culture Salary hikes and appraisals are very minimal Learnings are too less and lot of petty politics

Skill development - Poor

+3 more

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Schneider Electric Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Schneider Electric ?

The average salary of a Product Development Manager at Schneider Electric in India typically ranges from ₹20.5 Lakhs to ₹51.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Product Development Manager at Schneider Electric earn more than ₹51.0 Lakhs per year, and the top 1% earn over ₹51.0 Lakhs per year. Product Development Manager Salaries at Schneider Electric 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 Schneider Electric employees in India.

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

The estimated take-home salary of a Product Development Manager at Schneider Electric in India typically ranges from ₹1,78,404 to ₹1,85,334 per month. This is based on the average salary range of ₹20.5 Lakhs to ₹51.0 Lakhs per year for employees with experience ranging from 10 years to 16 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 Schneider Electric. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Schneider Electric for Product Development Manager in India?

HARMAN	₹15.2 Lakhs to ₹40.0 Lakhs per year
American Express	₹20.0 Lakhs to ₹38.0 Lakhs per year
Siemens	₹14.3 Lakhs to ₹47.0 Lakhs per year

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

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

The salary of a Product Development Manager at companies similar to Schneider Electric in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FIS	₹18.1 Lakhs to ₹35.8 Lakhs per year
Arvind Group	₹3.2 Lakhs to ₹9.2 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 Product Development Manager at Schneider Electric in India?

The salary growth for a Product Development Manager at Schneider Electric depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Schneider Electric:

Experience	Average Salary Range
10 years	₹18.5 Lakhs to ₹23.6 Lakhs per year
11 years	₹18.5 Lakhs to ₹23.6 Lakhs per year
13 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
15 years	₹48.5 Lakhs to ₹53.6 Lakhs per year

and so on.

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Schneider Electric Product Development Manager Salaries

Schneider Electric Product Development Manager salary in India ranges between ₹20.5 Lakhs to ₹51 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Schneider Electric latest salaries received from various employees of Schneider Electric.