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Everything is good. But, NO Job security and can be fired anytime. Company is laying off employees during COVID-19.
Annual salary range
2 - 5 years exp.
₹4.3
Lakhs - ₹5.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Salaries in different departments
Product Management
new Product Development Engineer Salary
2
years
exp.
(AmbitionBox Estimate)
|  ₹3.2 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Quality Assurance
new Product Development Engineer Salary
5
years
exp.
(AmbitionBox Estimate)
| ₹5.4 L/yr - ₹6.6 L/yr |
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 Thermax Limited new Product Development Engineer Salary
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new Product Development Engineer salary at Shaily Engineering Plastics Ltd ranges between ₹4.3
Lakhs
to ₹5.5
Lakhs
per year for employees with experience between 2 years to 5 years. Salary
estimates are based on
2 latest salaries received
from various employees of Shaily Engineering Plastics Ltd.
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2w
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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Shaily Engineering Plastics Ltd new Product Development Engineer Salary FAQs
What is the notice period for new Product Development Engineer at Shaily Engineering Plastics Ltd?
According to AmbitionBox, 100% of the Shaily Engineering Plastics Ltd new Product Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.
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- Shaily Engineering Plastics Ltd new Product Development Engineer Salaries
Shaily Engineering Plastics Ltd new Product Development Engineer salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs. This is an estimate based on latest salaries received from employees of Shaily Engineering Plastics Ltd.