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SKF

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4.0

based on 996 Reviews

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SKF new Product Development Engineer salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹2.1 Lakhs - ₹3 Lakhs
Salary of majority employees
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41% less than the average new Product Development Engineer Salary in Auto Components Companies for 1 - 3 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Quality Assurance
new Product Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to SKF for new Product Development Engineer in Bangalore / Bengaluru

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SKF new Product Development Engineer Salary

1 - 3 years exp. (4 salaries)
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₹2.1 L/yr - ₹3 L/yr

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Company name Avg Annual Salary Open Jobs
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Samvardhana Motherson Group new Product Development Engineer Salary

2 - 5 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 27% more
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L.G.Balakrishnan & Bros new Product Development Engineer Salary

1 - 8 years exp. (7 salaries)
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₹2.1 L/yr - ₹3.8 L/yr

arrow icon 29% more
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INDO-MIM new Product Development Engineer Salary

0 - 5 years exp. (66 salaries)
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₹2.7 L/yr - ₹5.7 L/yr

arrow icon 57% more
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Nash Industries new Product Development Engineer Salary

1 - 7 years exp. (20 salaries)
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₹1.8 L/yr - ₹6.8 L/yr

arrow icon 98% more
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Veer-O-- Metals new Product Development Engineer Salary

1 - 7 years exp. (17 salaries)
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₹2 L/yr - ₹6.1 L/yr

arrow icon 63% more
new Product Development Engineer salary at SKF ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of SKF.

Latest annual salaries shared by SKF new Product Development Engineer in Bangalore / Bengaluru

1y ago
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3 years exp.
1y ago
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2 years exp.
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1 year exp.

Experience wise SKF new Product Development Engineer salaries in Bangalore / Bengaluru

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in SKF

Design Engineer Salary
(25 salaries)
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₹1.95 L/yr - ₹7.25 L/yr
Product Engineer Salary
(23 salaries)
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₹3 L/yr - ₹14 L/yr
Production Engineer Salary
(22 salaries)
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₹1.85 L/yr - ₹3.8 L/yr
Project Engineer Salary
(9 salaries)
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₹2.75 L/yr - ₹6 L/yr
Senior Design Engineer Salary
(6 salaries)
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₹7.5 L/yr - ₹12.5 L/yr
Senior Software Engineer Salary
(3 salaries)
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₹14 L/yr - ₹22.1 L/yr

Salary related reviews for SKF

1.0

Rated by 1 employees for salary & benefits

Product Engineer in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 16 May 2024
1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

read more
  • Salary - Bad
    • +5 more

Applications Engineer in Bangalore / Bengaluru

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 20 Sep 2024
3.0
 for  Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

  • Job security - Excellent
    • +3 more

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

read more
  • Promotions - Bad

Reliability Engineer in Gurgaon / Gurugram

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Apr 2022
4.0
 for  Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

read more
  • Salary - Good
    • +5 more

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

read more

Production in Mumbai

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 23 Dec 2021
4.0
 for  Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Good
    • +5 more

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

read more

Diploma Trainee Engineer in Pune

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 11 Aug 2020
5.0
 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.

read more
  • Salary - Excellent
    • +6 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 joiners.

read more
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fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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SKF new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at SKF Bangalore / Bengaluru?
new Product Development Engineer salary at SKF in Bangalore / Bengaluru ranges between ₹2.1 Lakhs to ₹3.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 41% less than the average new Product Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SKF Bangalore / Bengaluru.
How does the salary of a new Product Development Engineer at SKF Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a new Product Development Engineer at SKF is 41% less than the average salary of a new Product Development Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than SKF to a new Product Development Engineer in Bangalore / Bengaluru?
  • Nash Industries new Product Development Engineer Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
  • Veer-O-- Metals new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
  • INDO-MIM new Product Development Engineer Salary - ₹2.7 Lakhs to ₹5.7 Lakhs per year
  • L.G.Balakrishnan & Bros new Product Development Engineer Salary - ₹2.1 Lakhs to ₹3.8 Lakhs per year
  • Samvardhana Motherson Group new Product Development Engineer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a new Product Development Engineer at SKF in Bangalore / Bengaluru?
The estimated take-home salary of a new Product Development Engineer at SKF ranges between ₹17,582 per month to ₹19,281 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SKF new Product Development Engineer salary in India which ranges between ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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SKF new Product Development Engineer salary in Bangalore / Bengaluru ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SKF latest salaries received from various employees of SKF.