Signify Mechanical Engg. Design Salaries by 4 Employees

2 - 8 years exp.

₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

90% more than the average Mechanical Engg. Design Salary in Consumer Electronics & Appliances Companies for 2 - 8 years of experience

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Last Updated: 4 Dec 2024

Companies similar to Signify for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
Whirlpool Mechanical Engg. Design Salary 1 - 6 years exp. (25 salaries)	₹2 L/yr - ₹9.6 L/yr 48% less
Philips Mechanical Engg. Design Salary 1 - 20 years exp. (10 salaries)	₹4.8 L/yr - ₹19 L/yr 7% more
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LG Electronics Mechanical Engg. Design Salary 2 - 7 years exp. (5 salaries)	₹3 L/yr - ₹8 L/yr 46% less
AO SMITH INDIA WATER PRODUCTS Mechanical Engg. Design Salary 12 - 15 years exp. (4 salaries)	₹11 L/yr - ₹15.5 L/yr 26% more
Carrier Mechanical Engg. Design Salary 3 - 17 years exp. (3 salaries)	₹2.6 L/yr - ₹5.5 L/yr 59% less
Panasonic Mechanical Engg. Design Salary 2 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5.1 L/yr 56% less

Mechanical Engg. Design salary at Signify ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Signify.

Experience wise Signify Mechanical Engg. Design salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.8 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.2 L/yr
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4 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.9 L/yr

View all

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Salary related reviews for Signify

Design Engineer in Noida

Research & Development Department

3.0

• posted on 04 Jan 2022

5.0

for Salary and Benefits

Likes

Company policies and benefits

Salary - Excellent

+2 more

Dislikes

Facilities, benefits, compensation and colleagues are good but work culture is very demanding. You are expected to work on weekends as well and there is a constant threat of firing from job if there is simplest mistake done by you.

Promotions - Bad

+2 more

System Analyst in Pune

Full Time

IT & Information Security Department

3.0

• posted on 05 Dec 2024

3.0

for Salary and Benefits

Likes

-salary gets on time -workload is not much

Dislikes

-No work life balance -management plays favorism - no learning opportunities/ strech assignments - poor leadership -micro management - No empathy, support

Skill development - Bad

+4 more

Sales Specialist in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

On time salary and well known brand

Salary - Good

Dislikes

Company culture, if you are a women you can easily survive in this company without any knowledge and communication skills. If you listen to your boss then you will sustain here else they will point out for every situation. And mainly domination from the head office people in respected region's.

Skill development - Poor

+5 more

Assistant Development Engineer in Noida

Full Time

Engineering - Software & QA Department

1.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

The salary package is satisfactory but there are no other benefits.

Dislikes

The work culture is terrible, the higher management is stodgy, no parking facility, no cab facility, overtime working without extra payment. Promotions happen after 3 years and nothing new to learn.

Skill development - Bad

+5 more

Sales Specialist in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

Only pay structure and benefits are good. rest everything is on toss.

Salary - Excellent

Dislikes

They hire from non lighting background, stil they don't give any formal training or induction, pure primary oriented company, They expect you to perform since day 1 without giving any training and induction, rate issue in market ,it is just brand that sells. At Channel partner level you will find rate issue , company person offers unnecessary discount to get primary number....0 job security, 0 work life balance even if someone on deathbed then also they will ask you daily primary no. And you may be asked to join call. Also they remind you that you are not doing anything on that vary day

Skill development - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Signify Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Signify ?

The average salary of a Mechanical Engg. Design at Signify in India typically ranges from ₹9.0 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Mechanical Engg. Design at Signify earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Mechanical Engg. Design Salaries at Signify 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 Signify employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Signify in India?

The estimated take-home salary of a Mechanical Engg. Design at Signify in India typically ranges from ₹71,698 to ₹73,546 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 2 years to 8 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 Signify. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Signify for Mechanical Engg. Design in India?

AO SMITH INDIA WATER PRODUCTS	₹11.0 Lakhs to ₹15.5 Lakhs per year
Philips	₹4.8 Lakhs to ₹19.0 Lakhs per year

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

What is the salary of a Mechanical Engg. Design in companies similar to Signify in India?

The salary of a Mechanical Engg. Design at companies similar to Signify in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LG Electronics	₹3.0 Lakhs to ₹8.0 Lakhs per year
Whirlpool	₹2.0 Lakhs to ₹9.6 Lakhs per year
Panasonic	₹4.0 Lakhs to ₹5.1 Lakhs per year
Carrier	₹2.6 Lakhs to ₹5.5 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 Mechanical Engg. Design at Signify in India?

The salary growth for a Mechanical Engg. Design at Signify depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Signify:

Experience	Average Salary Range
2 years	₹9.0 Lakhs to ₹16.8 Lakhs per year
3 years	₹9.0 Lakhs to ₹17.2 Lakhs per year
4 years	₹8.8 Lakhs to ₹11.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Signify Mechanical Engg. Design Salaries

Signify Mechanical Engg. Design salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Signify latest salaries received from various employees of Signify.