SKF Bangalore / Bengaluru Product Development Manager Salaries by 2 Employees

13 - 14 years exp.

₹18.5 Lakhs - ₹23.6 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 13 Mar 2023

Companies similar to SKF for Product Development Manager in Bangalore / Bengaluru

SKF Product Development Manager Salary

13 - 14 years exp. (AmbitionBox Estimate)

₹18.5 L/yr - ₹23.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HARMAN Product Development Manager Salary 10 - 18 years exp. (21 salaries)	₹15.2 L/yr - ₹40 L/yr 50% more
Greenway Health Product Development Manager Salary 11 - 19 years exp. (11 salaries)	₹29.7 L/yr - ₹39.8 L/yr 68% more
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Siemens Product Development Manager Salary 11 - 19 years exp. (10 salaries)	₹18.8 L/yr - ₹40 L/yr 67% more
Itron Product Development Manager Salary 13 - 24 years exp. (9 salaries)	₹35 L/yr - ₹56 L/yr 109% more
Epicor Software Corporation Product Development Manager Salary 12 - 18 years exp. (7 salaries)	₹22 L/yr - ₹50.1 L/yr 96% more	1 job opening

Product Development Manager salary at SKF ranges between ₹18.5 Lakhs to ₹23.6 Lakhs per year for employees with experience between 13 years to 14 years. Salary estimates are based on 2 latest salaries received from various employees of SKF.

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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

Project Trainee in Pune

Research & Development Department

5.0

• posted on 31 Jan 2022

5.0

for Salary and Benefits

Likes

On of the best companies to accelerate your career in Manufacturing technology and Design. Very humble and helpful colleagues and seniors who will help you in whenever needed.

Salary - Excellent

+6 more

Dislikes

Apart from salary everything was really good. I had a good learning experience here and got to know how the corporate world works.

Internship Trainee in Pune

Intern

Six Sigma Department

5.0

• posted on 31 Dec 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management 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

Salary is good. There is a bond of 2 years before which you cannot resign. On the job training is given to new joinees.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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How the salary growth look like for a Product Development Manager at SKF in Bangalore / Bengaluru?

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

Experience	Average Salary Range
13 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
14 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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SKF Product Development Manager Salaries in Bangalore / Bengaluru

SKF Product Development Manager salary in Bangalore / Bengaluru ranges between ₹18.5 Lakhs to ₹23.6 Lakhs. This is an estimate based on latest salaries received from employees of SKF.