Signify Product Development Engineer Salaries by 8 Employees

5 - 10 years exp.

₹11.5 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

156% more than the average Product Development Engineer Salary in Consumer Electronics & Appliances Companies for 5 - 10 years of experience

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Last Updated: 6 Apr 2024

Companies similar to Signify for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Development Engineer Salary 1 - 5 years exp. (85 salaries)	₹4 L/yr - ₹14 L/yr 62% less
Whirlpool Product Development Engineer Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹8 L/yr 79% less
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LG Electronics Product Development Engineer Salary 2 - 8 years exp. (5 salaries)	₹4.3 L/yr - ₹10 L/yr 65% less
OPPO Product Development Engineer Salary 3 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5 L/yr 77% less
Western Digital Product Development Engineer Salary 2 - 7 years exp. (3 salaries)	₹22 L/yr - ₹34.5 L/yr 34% more
BSH Home Appliances Group Product Development Engineer Salary 2 - 5 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 58% less
Voltas Product Development Engineer Salary 0 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 80% less

Product Development Engineer salary at Signify ranges between ₹11.5 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Signify.

Experience wise Signify Product Development Engineer salaries

Last Updated: 6 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹13.2 L/yr
6 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹28.2 L/yr
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7 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹34 L/yr
8 years (3 salaries)	₹8.8 L/yr - ₹26.5 L/yr
9 years (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.1 L/yr
10 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Signify

New Product Development Engineer Salary

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₹10 L/yr - ₹14.5 L/yr

Development Engineer Salary

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₹9 L/yr - ₹36 L/yr

Production Engineer Salary

(5 salaries)

₹1.8 L/yr - ₹6.9 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Project Engineer Salary

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Senior Design Engineer Salary

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₹17.05 L/yr - ₹19.5 L/yr

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₹7 L/yr - ₹13.2 L/yr

Production Manager Salary

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₹12 L/yr - ₹20 L/yr

Design Engineer Salary

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Salary related reviews for Signify

4.0

Rated by 1 employees for salary & benefits

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

Project Engineer in Noida

Construction & Site Engineering Department

4.0

• posted on 28 Sep 2021

5.0

for Salary and Benefits

Likes

...omfortable and enjoyable. Here lot of project done, and gain too much knowledge. Salary received timely and cooperative seniors.

Salary - Excellent

+4 more

Dislikes

During project time, I was project engineer, but company totally report feedback taking with contractor, if any fault accur during project, company blame on project engineer,

Job security - Poor

+1 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

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Signify Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Signify ?

The average salary of a Product Development Engineer at Signify in India typically ranges from ₹11.5 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Product Development Engineer at Signify earn more than ₹29.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Product Development Engineer 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 8 Signify employees in India.

What is the estimated take home salary of a Product Development Engineer at Signify in India?

The estimated take-home salary of a Product Development Engineer at Signify in India typically ranges from ₹1,34,248 to ₹1,39,181 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 5 years to 10 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 8 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 Product Development Engineer in India?

Western Digital

₹22.0 Lakhs to ₹34.5 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 Product Development Engineer in companies similar to Signify in India?

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

BSH Home Appliances Group	₹8.0 Lakhs to ₹10.0 Lakhs per year
HARMAN	₹4.0 Lakhs to ₹14.0 Lakhs per year
LG Electronics	₹4.3 Lakhs to ₹10.0 Lakhs per year
OPPO	₹4.6 Lakhs to ₹5.0 Lakhs per year
Whirlpool	₹2.0 Lakhs to ₹8.0 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 Signify in India?

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

Experience	Average Salary Range
5 years	₹11.5 Lakhs to ₹13.2 Lakhs per year
6 years	₹14.6 Lakhs to ₹28.2 Lakhs per year
7 years	₹14.6 Lakhs to ₹34.0 Lakhs per year
8 years	₹8.8 Lakhs to ₹26.5 Lakhs per year

and so on.

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Signify Product Development Engineer Salaries

Signify Product Development Engineer salary in India ranges between ₹11.5 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Signify latest salaries received from various employees of Signify.