Spack Automotives Design and Product Development Engineer Salaries by 4 Employees

2 - 5 years exp.

₹3.4 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Design and Product Development Engineer Salary for 2 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Spack Automotives for Design and Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹8.9 L/yr 60% more
TCS Design and Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 40% more
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Mercedes-Benz Research and Development India Design and Product Development Engineer Salary 3 - 9 years exp. (9 salaries)	₹8.5 L/yr - ₹12.4 L/yr 158% more
MRF Tyres Design and Product Development Engineer Salary 1 - 2 years exp. (8 salaries)	₹5 L/yr - ₹7.8 L/yr 59% more
Lucas-TVS Design and Product Development Engineer Salary 3 - 11 years exp. (8 salaries)	₹4.9 L/yr - ₹8 L/yr 42% more

Design and Product Development Engineer salary at Spack Automotives ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Spack Automotives.

Experience wise Spack Automotives Design and Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr

Similar Designation salaries in Spack Automotives

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Production Engineer Salary

(3 salaries)

₹3.2 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(5 salaries)

₹5 L/yr - ₹6.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(21 salaries)

₹3.3 L/yr - ₹9.6 L/yr

Production Supervisor Salary

(3 salaries)

₹2 L/yr - ₹6 L/yr

Quality Engineer Salary

(14 salaries)

₹1.7 L/yr - ₹4.75 L/yr

Junior Engineer Salary

(10 salaries)

₹2.05 L/yr - ₹3.35 L/yr

Salary related reviews for Spack Automotives

Senior Engineer in Bazpur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Dec 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisal 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 3 month before which you cannot resign.

Assistant Manager- Taxation (Indirect) in Greater Noida

Full Time

Finance & Accounting Department

3.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Salary is average not so good not so bad. But otherwise no perks and benifits.

Dislikes

Only pay salaries to retain the exist employee. Otherwise no perks and benifits. No SOP to work only you have to adhere to your boss, may be he was wrong but you have to follow him without questioning. No free hand jobs to do.

Skill development - Bad

+3 more

Assistant General Manager IT in OKHLA PHASE-III

Information Technology Department

5.0

• posted on 29 Sep 2022

4.0

for Salary and Benefits

Likes

... This help in lot of learning and keep you updated for future market challenges. No salary cut while COVID challenges that motivate employees a lot.

Salary - Good

+5 more

Dislikes

SATURDAY SHOULD BE OFF AT LEAST FOR HEAD OFFICE.

HR Executive in Kuruli, Pune

HR & Admin Department

4.0

• posted on 23 Sep 2020

4.0

for Salary and Benefits

Likes

Company has good fringe benefit, salary gets in time. I have experienced green project here.Learned legal compliance. Cateen food quality good. Diwali bonus and gift vouchers.

Salary - Good

+4 more

Dislikes

No performance appraisal system on paper. Use of HR technology was missing.Wages were low for contract employees.

Graduate Engineer in Greater Noida

Full Time

Other Department

5.0

• posted on 17 Jan 2025

5.0

for Salary and Benefits

Likes

While I don't have personal experiences, I can suggest some aspects that employees might appreciate about working at a company like Spack Automotives Pvt Ltd in Greater Noida: Innovative Environment: Employees might enjoy being part of a company that focuses on 1.innovation and technology in the automotive sector 2.Career Growth: Opportunities for professional development and career advancement can be a big draw for employees. 3

Salary - Excellent

+6 more

Dislikes

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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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Spack Automotives Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at Spack Automotives ?

The average salary of a Design and Product Development Engineer at Spack Automotives in India typically ranges from ₹3.4 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Design and Product Development Engineer at Spack Automotives earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Design and Product Development Engineer Salaries at Spack Automotives 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 4 Spack Automotives employees in India.

What is the estimated take home salary of a Design and Product Development Engineer at Spack Automotives in India?

The estimated take-home salary of a Design and Product Development Engineer at Spack Automotives in India typically ranges from ₹29,230 to ₹30,605 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Spack Automotives. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spack Automotives for Design and Product Development Engineer in India?

Mercedes-Benz Research and Development India	₹8.5 Lakhs to ₹12.4 Lakhs per year
Renault Nissan Technology & Business Centre India	₹5.0 Lakhs to ₹8.9 Lakhs per year
MRF Tyres	₹5.0 Lakhs to ₹7.8 Lakhs per year
Lucas-TVS	₹4.9 Lakhs to ₹8.0 Lakhs per year
TCS	₹4.3 Lakhs to ₹7.0 Lakhs per year

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

How the salary growth look like for a Design and Product Development Engineer at Spack Automotives in India?

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

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
5 years	₹3.9 Lakhs to ₹4.9 Lakhs per year

and so on.

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Spack Automotives Design and Product Development Engineer Salaries

Spack Automotives Design and Product Development Engineer salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spack Automotives latest salaries received from various employees of Spack Automotives.

Spack Automotives Design and Product Development Engineer salaries in India

Companies similar to Spack Automotives for Design and Product Development Engineer

Latest annual salaries shared by Spack Automotives Design and Product Development Engineer

Experience wise Spack Automotives Design and Product Development Engineer salaries

Similar Designation salaries in Spack Automotives

Salary related reviews for Spack Automotives

Senior Engineer in Bazpur

Assistant Manager- Taxation (Indirect) in Greater Noida

Assistant General Manager IT in OKHLA PHASE-III

HR Executive in Kuruli, Pune

Graduate Engineer in Greater Noida

Spack Automotives Design and Product Development Engineer Salary FAQs

Tell us how to improve this page.