SKF Senior Product Engineer Salaries by 5 Employees

8 - 11 years exp.

₹8 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

Fixed (92%)

₹10.4 Lakhs

Variable (8%)

₹0.9 Lakh

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

Interested in this particular role?

Salaries in different departments

Research & Development Senior Product Engineer Salary 8 - 11 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr
Login to view exact salary
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
Lear Corporation Senior Product Engineer Salary 6 - 11 years exp. (9 salaries)	₹9 L/yr - ₹10 L/yr 17% 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
Spark Minda Senior Product Engineer Salary 0 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹7 L/yr 45% less
Endurance Technologies Senior Product Engineer Salary 4 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹4.9 L/yr 57% less
HARMAN Senior Product Engineer Salary 4 - 9 years exp. (979 salaries)	₹6.5 L/yr - ₹25.2 L/yr 26% more	2 job openings

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)	₹7.8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
11 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr

Similar Designation salaries in SKF

Senior Software Engineer Salary

(4 salaries)

₹12 L/yr - ₹22.1 L/yr

Senior Engineer Salary

(10 salaries)

₹6.45 L/yr - ₹14 L/yr

Project Engineer Salary

(11 salaries)

₹2.75 L/yr - ₹6.77 L/yr

Lead Engineer Salary

(7 salaries)

₹14 L/yr - ₹22.67 L/yr

Software Engineer Salary

(3 salaries)

₹15 L/yr - ₹50 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Senior Consultant Salary

(4 salaries)

₹8.61 L/yr - ₹30 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about SKF?

Ask anonymously on communities.

SKF Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at SKF ?

The average salary of a Senior Product Engineer at SKF in India typically ranges from ₹8.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Senior Product Engineer at SKF earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Senior Product Engineer Salaries at SKF 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 5 SKF employees in India.

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 in India typically ranges from ₹80,470 to ₹82,566 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 5 salaries received from various employees of SKF. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SKF for Senior Product Engineer in India?

Magna International	₹7.0 Lakhs to ₹15.0 Lakhs per year
HARMAN	₹6.5 Lakhs to ₹25.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SKF, depending on the role and experience level.

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

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

Lear Corporation	₹9.0 Lakhs to ₹10.0 Lakhs per year
Spark Minda	₹4.8 Lakhs to ₹7.0 Lakhs per year
Endurance Technologies	₹4.8 Lakhs to ₹4.9 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 Senior Product Engineer at SKF in India?

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

Experience	Average Salary Range
8 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
9 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
10 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
11 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SKF Salaries >
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.