SKF Senior Product Engineer Salaries by 5 Employees (Updated 2025)

8 - 11 years exp.

₹8 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Senior Product Engineer Salary in Auto Components Companies for 8 - 11 years of experience

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Salaries in different departments

Research & Development Senior Product Engineer Salary 8 - 11 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr
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Product Management Senior Product Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 12 Sep 2024

Companies similar to SKF for Senior Product Engineer

Company name	Avg Annual Salary	Open Jobs
Timken Senior Product Engineer Salary 7 - 9 years exp. (21 salaries)	₹7.8 L/yr - ₹10.7 L/yr 18% less
Magna International Senior Product Engineer Salary 6 - 10 years exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 28% more
Login to view exact salary
Endurance Technologies Senior Product Engineer Salary 4 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹4.9 L/yr 57% less
Spark Minda Senior Product Engineer Salary 0 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹7 L/yr 48% less
HARMAN Senior Product Engineer Salary 4 - 9 years exp. (914 salaries)	₹5.8 L/yr - ₹25.2 L/yr 26% more

Senior Product Engineer salary at SKF ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of SKF.

Experience wise SKF Senior Product Engineer salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.5 L/yr
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10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14 L/yr

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Project Engineer Salary

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Lead Engineer Salary

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Software Engineer Salary

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Senior Associate Salary

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₹3.7 L/yr - ₹4.7 L/yr

Senior Consultant Salary

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Senior Software Developer Salary

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Software Development Engineer Salary

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Associate Software Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for SKF

3.0

Rated by 1 employees for salary & benefits

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

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.

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.

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.

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.

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

Dislikes

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

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.

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SKF Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at SKF?

Senior Product Engineer salary at SKF in India ranges between ₹8.0 Lakhs to ₹14.0 Lakhs for experience between 8 years to 11 years. According to our estimates it is 18% less than the average Senior Product Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SKF India.

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

The average salary of a Senior Product Engineer at SKF is 18% less than the average salary of a Senior Product Engineer in India. To know exact salary insights, login to view.

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

Magna International Senior Product Engineer Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HARMAN Senior Product Engineer Salary - ₹5.8 Lakhs to ₹25.2 Lakhs per year

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

Timken Senior Product Engineer Salary - ₹7.8 Lakhs to ₹10.7 Lakhs per year
Spark Minda Senior Product Engineer Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year
Endurance Technologies Senior Product Engineer Salary - ₹4.8 Lakhs to ₹4.9 Lakhs per year

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

The estimated take-home salary of a Senior Product Engineer at SKF ranges between ₹80,470 per month to ₹82,566 per month in India. The take-home salary calculation is based on the average SKF Senior Product Engineer salary in India which ranges between ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SKF Senior Product Engineers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SKF Senior Product Engineer Salaries

SKF Senior Product Engineer salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SKF latest salaries received from various employees of SKF.