Siemens Pune Product Development Manager Salaries by 6 Employees

11 - 18 years exp.

₹24.2 Lakhs - ₹33 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% more than the average Product Development Manager Salary in Industrial Automation Companies for 11 - 18 years of experience

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Salaries in different departments

Project & Program Management Product Development Manager Salary 16 - 18 years exp. (4 salaries)	₹24.2 L/yr - ₹33 L/yr
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Engineering - Software & QA Product Development Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹28 L/yr - ₹38.1 L/yr

Last Updated: 17 Mar 2023

Companies similar to Siemens for Product Development Manager in Pune

Siemens Product Development Manager Salary

11 - 18 years exp. (6 salaries)

₹24.2 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
Tietoevry Product Development Manager Salary 12 - 22 years exp. (15 salaries)	₹31 L/yr - ₹43 L/yr 13% more
FIS Product Development Manager Salary 10 - 19 years exp. (12 salaries)	₹18.1 L/yr - ₹35.8 L/yr 15% less
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Mahindra & Mahindra Product Development Manager Salary 6 - 24 years exp. (10 salaries)	₹12.8 L/yr - ₹22.5 L/yr 44% less
Dassault Systemes Product Development Manager Salary 9 - 20 years exp. (9 salaries)	₹13 L/yr - ₹39 L/yr 25% less
BMC Software Product Development Manager Salary 14 - 19 years exp. (6 salaries)	₹29 L/yr - ₹60 L/yr 20% more

Product Development Manager salary at Siemens ranges between ₹24.2 Lakhs to ₹33 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Siemens.

Experience wise Siemens Product Development Manager salaries in Pune

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹24.4 L/yr - ₹31.2 L/yr
12 years (AmbitionBox Estimate)	₹25.5 L/yr - ₹32.5 L/yr
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13 years (AmbitionBox Estimate)	₹26.5 L/yr - ₹33.9 L/yr
14 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.2 L/yr
15+ years (4 salaries)	₹24.2 L/yr - ₹61.3 L/yr

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Top skills at Siemens for Product Development Manager

Scrum CSS3 WinCC Computer science OOAD Coding People development Software Design Management Debugging Oracle Financials Consulting Analytical Risk Management Conflict Management

Salary related reviews for Siemens

Process Expert in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

5.0

• posted on 24 Jul 2023

4.0

for Salary and Benefits

Likes

Siemens is the best company where the management support to grow and gives the opportunity to explore. It is a company where it has a more employee engagement activities which boost us to be active more.

Salary - Good

+6 more

Dislikes

Salary- every companies issue is salary…

Automation Engineer in Bhilai Nagar

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 23 Jun 2023

2.0

for Salary and Benefits

Likes

Salary is on time.

Dislikes

Basically it was IPM site so your performance depends upon client feedback. Work life balance is terrible. Management promises are all fake. Mostly Siemens employees are on third party contract or on Siemens direct contract (DC)

Salary - Poor

+5 more

Product Manager in Gurgaon / Gurugram

Full Time

Product Management Department

2.0

• posted on 17 Feb 2024

3.0

for Salary and Benefits

Likes

work life balance

Work-life balance - Good

Dislikes

Substandard work, Mediocrity, low salary, no growth options. Don't mistake Siemens services india to be Siemens brand. It is just cost center, services company providing man power to Siemens Germany to do sub-standard work. Hardly any growth opportunity. Technology is not mainstream, may struggle to find enough opportunities in outside market. Limited learning

Skill development - Bad

+3 more

Internship Trainee in Navi Mumbai

Intern

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Mar 2023

4.0

for Salary and Benefits

Likes

Great Perks for Permanent Employees, On time salary, timely events to keep staff motivated, good bonus once you earn managerial post.

Salary - Good

+5 more

Dislikes

Blue collar staff is hire through external providers. These external provider exploit the Blue collar staff & transfer only 1/3 salary that siemens gives to external providers to blue collar employees. external provider (mediator) eat up salary of blue collar staff.

Senior Specialist in Bangalore / Bengaluru

Finance & Accounting Department

3.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

The work life balance is good. We can take more leaves compared to other companies. If you have good contacts with higher management you can enjoy most of the opportunities and benefits.

Work-life balance - Good

Dislikes

...nts in GBS Bangalore. It takes more than 6 months to fill the open positions. Poor pay and because of which people are not ready to join the company. People from average colleges and not so good academic background stay here others even if they join they either abscond or leave within a short period of time.

Salary - Poor

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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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Siemens Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Siemens in Pune?

The average salary of a Product Development Manager at Siemens in Pune typically ranges from ₹24.2 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Product Development Manager in Pune at Siemens earn more than ₹32.5 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Product Development Manager Salaries at Siemens 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 6 Siemens employees in India.

What is the estimated take home salary of a Product Development Manager at Siemens in Pune?

The estimated take-home salary of a Product Development Manager at Siemens in Pune typically ranges from ₹1,94,455 to ₹2,02,110 per month. This is based on the average salary range of ₹24.2 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 6 salaries received from various employees of Siemens. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Development Manager at Siemens in Pune?

To be a Product Development Manager at Siemens in Pune, the key skills required include:

- Scrum
- CSS3
- WinCC
- Computer science
- OOAD

These skills are highly valued at Siemens and are crucial for successful performance in a Software Engineering role.

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

BMC Software	₹29.0 Lakhs to ₹60.0 Lakhs per year
Tietoevry	₹31.0 Lakhs to ₹43.0 Lakhs per year

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

What is the salary of a Product Development Manager in companies similar to Siemens in Pune?

The salary of a Product Development Manager at companies similar to Siemens in Pune 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
Dassault Systemes	₹13.0 Lakhs to ₹39.0 Lakhs per year
Mahindra & Mahindra	₹12.8 Lakhs to ₹22.5 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 Siemens in Pune?

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

Experience	Average Salary Range
11 years	₹24.4 Lakhs to ₹31.2 Lakhs per year
12 years	₹25.5 Lakhs to ₹32.5 Lakhs per year
13 years	₹26.5 Lakhs to ₹33.9 Lakhs per year
14 years	₹27.5 Lakhs to ₹35.2 Lakhs per year

and so on.

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Siemens Product Development Manager Salaries in Pune

Siemens Product Development Manager salary in Pune ranges between ₹24.2 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Siemens latest salaries received from various employees of Siemens.