Servotech Power Systems R&D Engineer Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹3.1 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

55% less than the average R&D Engineer Salary in Electrical Equipment Companies for 1 - 4 years of experience

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Last Updated: 13 Nov 2024

Companies similar to Servotech Power Systems for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 65% less
CG Power and Industrial Solutions R&D Engineer Salary 1 - 3 years exp. (8 salaries)	₹3.6 L/yr - ₹6.2 L/yr 3% less
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Siemens R&D Engineer Salary 0 - 8 years exp. (21 salaries)	₹5 L/yr - ₹19.6 L/yr 171% more
ABB Group R&D Engineer Salary 2 - 10 years exp. (353 salaries)	₹6 L/yr - ₹23 L/yr 246% more
Havells R&D Engineer Salary 0 - 5 years exp. (35 salaries)	₹2.5 L/yr - ₹10.5 L/yr 72% more
Thermax Limited R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹7.1 L/yr 3% more
Larsen & Toubro Limited R&D Engineer Salary 0 - 2 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr 28% less
Schneider Electric R&D Engineer Salary 0 - 5 years exp. (20 salaries)	₹2.8 L/yr - ₹12 L/yr 65% more
Salzer Electronics R&D Engineer Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹3.6 L/yr 45% less
Hind Rectifiers R&D Engineer Salary 1 - 4 years exp. (18 salaries)	₹3 L/yr - ₹7 L/yr 3% more
Swelect Energy Systems R&D Engineer Salary 0 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 31% more
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Calcom Vision R&D Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 46% less
ECE Industries R&D Engineer Salary 6 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹6.5 L/yr 46% more
Landis+Gyr R&D Engineer Salary 0 - 13 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 145% more
SasMos HET Technologies R&D Engineer Salary 5 - 6 years exp. (3 salaries)	₹5.7 L/yr - ₹6.5 L/yr 45% more

R&D Engineer salary at Servotech Power Systems ranges between ₹3.1 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Servotech Power Systems.

Experience wise Servotech Power Systems R&D Engineer salaries

Last Updated: 13 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

Similar Designation salaries in Servotech Power Systems

Senior Engineer Salary

(8 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Design Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.8 L/yr

Project Engineer Salary

(24 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Senior Design Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹8.4 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Servotech Power Systems

Senior Testing Commissioning Engineer in Sonipat

Full Time

Project & Program Management Department

1.0

• posted on 08 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...troy life of employees. 8)No leave for 3 months and no appointment letter given. 9) loss of employee pay. 10)No medical claim. 11) no importance senior and junior position. 12)Never join this company if you want to save your life.

Business Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 09 Apr 2024

1.0

for Salary and Benefits

Likes

Poor culture and employee employee are always tensed Made in china

Dislikes

...file. Top management is very poor they don't have knowledge to manage employees. All are family relatives with poor knowledge Never join this fraud company No salary nothing

Senior Credit Controller in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 20 Feb 2023

1.0

for Salary and Benefits

Likes

Nothing as no job security - any one if want to spoil his entire career and future may join to get the same within a month or two maximum.

Dislikes

...red the candidate to fired in 1-2 days post joining means entire career spoil. Not paying salary on time. Worse company.

Sales Executive in New Delhi

Marketing & Communication Department

1.0

• posted on 26 Oct 2022

1.0

for Salary and Benefits

Likes

Ye company bht bekar h isme 1month ki salary nhi milti h 2month Kam krwane k badh salary nhi Dayta h or company k md Raman Bhatia ye bolta h hm Bihar k employee ko paisa nhi dayte btye iss say jyda ghatiya company nhi h so plz guys don't join this company

Dislikes

This company is total bad don't join this company

Assistant Sales Manager in Rohini

Full Time

Research & Development Department

1.0

• posted on 06 Jun 2022

1.0

for Salary and Benefits

Likes

Nothing,

Dislikes

Salary timing, will not clear f and f to any one. You need to mind set that you will not receive any f and f.. Like a lala company They will cut money deduct money without any information You need to compromise with self respect to wok here.

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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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Servotech Power Systems R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Servotech Power Systems?

R&D Engineer salary at Servotech Power Systems in India ranges between ₹3.1 Lakhs to ₹6.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 55% less than the average R&D Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Servotech Power Systems India.

How does the salary of a R&D Engineer at Servotech Power Systems India compare with the average salary range for this job?

The average salary of a R&D Engineer at Servotech Power Systems is 55% less than the average salary of a R&D Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Servotech Power Systems to a R&D Engineer in India?

ABB Group R&D Engineer Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Siemens R&D Engineer Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
Landis+Gyr R&D Engineer Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
Havells R&D Engineer Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year
Schneider Electric R&D Engineer Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year

What is the salary of a R&D Engineer in companies similar to Servotech Power Systems in India?

ECE Industries R&D Engineer Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year
SasMos HET Technologies R&D Engineer Salary - ₹5.7 Lakhs to ₹6.5 Lakhs per year
Swelect Energy Systems R&D Engineer Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Hind Rectifiers R&D Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Thermax Limited R&D Engineer Salary - ₹2.1 Lakhs to ₹7.1 Lakhs per year

What is the estimated take home salary of a R&D Engineer at Servotech Power Systems in India?

The estimated take-home salary of a R&D Engineer at Servotech Power Systems ranges between ₹31,835 per month to ₹33,122 per month in India. The take-home salary calculation is based on the average Servotech Power Systems R&D Engineer salary in India which ranges between ₹3.1 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for R&D Engineer at Servotech Power Systems?

According to AmbitionBox, 67% of the Servotech Power Systems R&D Engineers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Servotech Power Systems R&D Engineer Salaries

Servotech Power Systems R&D Engineer salary in India ranges between ₹3.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Servotech Power Systems latest salaries received from various employees of Servotech Power Systems.