SKF Product Design Engineer Salaries by 10+ Employees

2 - 9 years exp.

₹4.8 Lakhs - ₹13.6 Lakhs

Salary of majority employees

At par with the average Product Design Engineer Salary in Auto Components Companies for 2 - 9 years of experience

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Salaries in different departments

Research & Development Product Design Engineer Salary 5 - 8 years exp. (7 salaries)	₹4.8 L/yr - ₹13.6 L/yr
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Production, Manufacturing & Engineering Product Design Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹8 L/yr

Last Updated: 20 Oct 2024

Companies similar to SKF for Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Timken Product Design Engineer Salary 0 - 4 years exp. (3 salaries)	₹5.5 L/yr - ₹7 L/yr 19% less
Schaeffler India Product Design Engineer Salary 1 - 6 years exp. (4 salaries)	₹5.6 L/yr - ₹6.5 L/yr 26% less
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Samvardhana Motherson Group Product Design Engineer Salary 2 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹4 L/yr 59% less
Pricol Product Design Engineer Salary 3 - 8 years exp. (8 salaries)	₹3.6 L/yr - ₹7.6 L/yr 25% less
Wheels Product Design Engineer Salary 0 - 2 years exp. (6 salaries)	₹2.3 L/yr - ₹2.8 L/yr 69% less
Steel Strips Wheels Product Design Engineer Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.2 L/yr 63% less
Magna International Product Design Engineer Salary 3 - 5 years exp. (5 salaries)	₹8.3 L/yr - ₹9.8 L/yr 9% more
Spark Minda Product Design Engineer Salary 1 - 3 years exp. (5 salaries)	₹3.9 L/yr - ₹5 L/yr 44% less
Lumax Industries Product Design Engineer Salary 1 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹9.2 L/yr 19% less
Tata AutoComp Systems Product Design Engineer Salary 2 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹4.8 L/yr 54% less

Product Design Engineer salary at SKF ranges between ₹4.8 Lakhs to ₹13.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 13 latest salaries received from various employees of SKF.

Experience wise SKF Product Design Engineer salaries

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹14 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.1 L/yr
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4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
5 years (3 salaries)	₹6 L/yr - ₹14.3 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹14.6 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr

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Similar Designation salaries in SKF

Lead Design Engineer Salary

(3 salaries)

₹11.9 L/yr - ₹12.4 L/yr

Senior Design Engineer Salary

(7 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Process Engineer Salary

(4 salaries)

₹2 L/yr - ₹7 L/yr

Design Engineer Salary

(33 salaries)

₹1.95 L/yr - ₹9.59 L/yr

Project Engineer Salary

(11 salaries)

₹2.75 L/yr - ₹6.77 L/yr

Electrical Design Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(10 salaries)

₹6.45 L/yr - ₹14 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Junior Engineer Salary

(12 salaries)

₹1.3 L/yr - ₹2.9 L/yr

Lead Engineer Salary

(7 salaries)

₹14 L/yr - ₹22.67 L/yr

Salary related reviews for SKF

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.

Promotions - Bad

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.

Salary - Bad

+5 more

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.

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.

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.

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.

Machine Operator in Mysuru / Mysore

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. There is Good transport facility and they give good salary and canteen facility. This company give a good opportunity for fresher.On the job training is good for new joinees

Salary - Good

+4 more

Dislikes

Salary is decent but career growth is slow .There is no employeement in this company

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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SKF Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at SKF?

Product Design Engineer salary at SKF in India ranges between ₹4.8 Lakhs to ₹13.6 Lakhs for experience between 2 years to 9 years. According to our estimates it is 2% more than the average Product Design Engineer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SKF India.

How does the salary of a Product Design Engineer at SKF India compare with the average salary range for this job?

The average salary of a Product Design Engineer at SKF is 2% more than the average salary of a Product Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SKF to a Product Design Engineer in India?

Magna International Product Design Engineer Salary - ₹8.3 Lakhs to ₹9.8 Lakhs per year

What is the salary of a Product Design Engineer in companies similar to SKF in India?

Lumax Industries Product Design Engineer Salary - ₹4.2 Lakhs to ₹9.2 Lakhs per year
Timken Product Design Engineer Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
Pricol Product Design Engineer Salary - ₹3.6 Lakhs to ₹7.6 Lakhs per year
Schaeffler India Product Design Engineer Salary - ₹5.6 Lakhs to ₹6.5 Lakhs per year
Spark Minda Product Design Engineer Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Product Design Engineer at SKF in India?

The estimated take-home salary of a Product Design Engineer at SKF ranges between ₹58,838 per month to ₹60,322 per month in India. The take-home salary calculation is based on the average SKF Product Design Engineer salary in India which ranges between ₹4.8 Lakhs to ₹13.6 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Design Engineer at SKF?

According to AmbitionBox, 75% of the SKF Product Design Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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SKF Product Design Engineer Salaries

SKF Product Design Engineer salary in India ranges between ₹4.8 Lakhs to ₹13.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 SKF latest salaries received from various employees of SKF.