Setco Spindles India Research & Development Salaries by 10+ Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Design Engineer 2 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹5.4 L/yr
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Senior Design Engineer 6 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
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Assistant Manager Design 8 - 9 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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Operations Engineer 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Design & Development Engineer 4 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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Electrical Engineer 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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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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Salary related reviews for Setco Spindles India

4.0

Rated by 1 employees for salary & benefits

Assistant Sales Manager in Pune

Full Time

Sales Department

5.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

Have all the freedom of taking decisions and excute them. If it fails you will encourage in right direction. Management is supportive if you are following the core values set by the organisation.

Dislikes

Nothing

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Setco Spindles India Salary FAQs

How much does Setco Spindles India pay per year?

The average Setco Spindles India salary ranges from approximately ₹2 Lakhs to ₹2.1 Lakhs per year for a Machinist and ₹4.5 Lakhs to ₹6.5 Lakhs per year for a Senior Design Engineer. Salary estimates are based on 14 Setco Spindles India salaries received from various employees of Setco Spindles India. Setco Spindles India employees rate the overall salary and benefits package 4.0/5 stars.

What is the highest salary in Setco Spindles India?

The highest-paying job at Setco Spindles India is a Senior Design Engineer with a salary of ₹4.5 Lakhs to ₹6.5 Lakhs per year. The top 10% of employees earn more than ₹8.60 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.

What is the minimum salary in Setco Spindles India?

Minimum salary at Setco Spindles India depends on the role you are applying for. For Sales Coordinator the minimum salary is ₹1.5 Lakh to ₹3.5 Lakhs per year, and for Assembly Technician the minimum salary is ₹1.9 Lakh to ₹3.5 Lakhs per year and so on.

What is the notice period at Setco Spindles India in Research & Development Department?

According to AmbitionBox, 80% of the Setco Spindles India employees in Research & Development Department reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Setco Spindles India Research & Development Salaries by Location

Setco Spindles India Research & Development Department salaries in Pune

Average annual salary in Research & Development department at Setco Spindles India is INR . Salary estimates are based on 14 Setco Spindles India latest salaries received from various employees of Setco Spindles India.