Shaily Engineering Plastics Ltd Product Development Engineer Salaries by 4 Employees

2 - 5 years exp.

₹2.8 Lakhs - ₹7.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 2 - 5 years of experience

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Last Updated: 6 Dec 2023

Companies similar to Shaily Engineering Plastics Ltd for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works Product Development Engineer Salary 2 - 7 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 4% less
Mann And Hummel Filter Product Development Engineer Salary 2 - 7 years exp. (5 salaries)	₹6 L/yr - ₹7.7 L/yr 16% more
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Asb International Product Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 37% less
Phenom Product Development Engineer Salary 1 - 4 years exp. (202 salaries)	₹6 L/yr - ₹21.2 L/yr 114% more	7 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (193 salaries)	₹6 L/yr - ₹9.5 L/yr 21% more

Product Development Engineer salary at Shaily Engineering Plastics Ltd ranges between ₹2.8 Lakhs to ₹7.9 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Shaily Engineering Plastics Ltd.

Experience wise Shaily Engineering Plastics Ltd Product Development Engineer salaries

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

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₹2 L/yr - ₹5.4 L/yr

Salary related reviews for Shaily Engineering Plastics Ltd

Assistant Manager/Manager-(Nontechnical) in Vadodara

Full Time

Procurement & Supply Chain Department

4.0

• posted on 22 Jun 2020

2.0

for Salary and Benefits

Likes

Everything is good. But, NO Job security and can be fired anytime. Company is laying off employees during COVID-19.

Dislikes

Illogical expectations from top management. NO job security. Low salary. Dissatisfied employees in all Dept. & Searching for better opportunity.

Salary - Poor

+5 more

QC Engineer in Rania

Quality Assurance Department

4.0

• posted on 25 May 2022

1.0

for Salary and Benefits

Likes

...or shift engineer it's totally reverse. Company don't care about shift engineer. Exepet salary there is no any other benifits.No bonus. When it's comes to increment terrible.....

Dislikes

Salary - Bad
Job security - Bad

+3 more

Quaity Control Engineer in Vadodara

Quality Assurance Department

3.0

• posted on 12 Jun 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Job security - Good

+1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Head Administration And Facilities

Administration & Facilities Department

2.0

• posted on 09 Dec 2019

3.0

for Salary and Benefits

Likes

Management is good. good compensation you will get salary will get on time, bus facility , canteen facility are there

Company culture - Good

Dislikes

There are so many internal politics over there and so many old staffs over there who play bad politics internally and not allow to grow or set to new employees.

Job security - Bad

+3 more

Production Engineer In Plastic Industries in Halol

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Mar 2018

4.0

for Salary and Benefits

Likes

The company is adopted a new technology and ideas and i live the fact that i am a part of team that market reliable high quality products and has a global client base.I want to travel abroad especially canada

Salary - Good

+4 more

Dislikes

Compensation is decent but growth is slow work pressure very high and i worked 14hours somedays that i hate it

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shaily Engineering Plastics Ltd Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Shaily Engineering Plastics Ltd ?

The average salary of a Product Development Engineer at Shaily Engineering Plastics Ltd in India typically ranges from ₹2.8 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Product Development Engineer at Shaily Engineering Plastics Ltd earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹7.9 Lakhs per year. Product Development Engineer Salaries at Shaily Engineering Plastics Ltd 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 Shaily Engineering Plastics Ltd employees in India.

What is the estimated take home salary of a Product Development Engineer at Shaily Engineering Plastics Ltd in India?

The estimated take-home salary of a Product Development Engineer at Shaily Engineering Plastics Ltd in India typically ranges from ₹42,855 to ₹43,978 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 2 years to 5 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 Shaily Engineering Plastics Ltd. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shaily Engineering Plastics Ltd for Product Development Engineer in India?

Phenom	₹6.0 Lakhs to ₹21.2 Lakhs per year
Comviva Technology	₹6.0 Lakhs to ₹9.5 Lakhs per year
Mann And Hummel Filter	₹6.0 Lakhs to ₹7.7 Lakhs per year

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

What is the salary of a Product Development Engineer in companies similar to Shaily Engineering Plastics Ltd in India?

The salary of a Product Development Engineer at companies similar to Shaily Engineering Plastics Ltd in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lakshmi Machine Works	₹4.5 Lakhs to ₹6.5 Lakhs per year
Asb International	₹3.2 Lakhs to ₹4.2 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 Engineer at Shaily Engineering Plastics Ltd in India?

The salary growth for a Product Development Engineer at Shaily Engineering Plastics Ltd depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Shaily Engineering Plastics Ltd:

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
5 years	₹7.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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Shaily Engineering Plastics Ltd Product Development Engineer Salaries

Shaily Engineering Plastics Ltd Product Development Engineer salary in India ranges between ₹2.8 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shaily Engineering Plastics Ltd latest salaries received from various employees of Shaily Engineering Plastics Ltd.

Shaily Engineering Plastics Ltd Product Development Engineer salaries in India

Companies similar to Shaily Engineering Plastics Ltd for Product Development Engineer

Latest annual salaries shared by Shaily Engineering Plastics Ltd Product Development Engineer

Experience wise Shaily Engineering Plastics Ltd Product Development Engineer salaries

Similar Designation salaries in Shaily Engineering Plastics Ltd

Salary related reviews for Shaily Engineering Plastics Ltd

Assistant Manager/Manager-(Nontechnical) in Vadodara

QC Engineer in Rania

Quaity Control Engineer in Vadodara

Head Administration And Facilities

Production Engineer In Plastic Industries in Halol

Shaily Engineering Plastics Ltd Product Development Engineer Salary FAQs

Tell us how to improve this page.