Spectrum Tool Engineers Design and Product Development Engineer Salaries by Employees

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₹4.5 Lakhs - ₹5.8 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 13 Mar 2023

Companies similar to Spectrum Tool Engineers for Design and Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Europa Locks Design and Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹4.9 L/yr - ₹5.2 L/yr 2% less
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 23% more
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TCS Design and Product Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 8% more
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 99% more
MRF Tyres Design and Product Development Engineer Salary 1 - 2 years exp. (8 salaries)	₹5 L/yr - ₹7.8 L/yr 22% more

Design and Product Development Engineer salary at Spectrum Tool Engineers ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Spectrum Tool Engineers.

Similar Designation salaries in Spectrum Tool Engineers

Production Engineer Salary

(4 salaries)

₹3.1 L/yr - ₹5.81 L/yr

Senior Design Engineer Salary

(4 salaries)

₹4.5 L/yr - ₹8 L/yr

Design Engineer Salary

(8 salaries)

₹2.85 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Project Engineer Salary

(6 salaries)

₹3.15 L/yr - ₹6.5 L/yr

Senior Engineer Salary

(4 salaries)

₹4.3 L/yr - ₹6.75 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Production Supervisor Salary

(3 salaries)

₹3 L/yr - ₹4.2 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Quality Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Spectrum Tool Engineers

Project Executive in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Nov 2023

4.0

for Salary and Benefits

Likes

I have been working in this esteemed organization from past 9 months and this company has given me a lot of opportunities to work in different departments, all the departments are very supportive in every path of work.

Salary - Good

+6 more

Dislikes

No cons

Senior Tool Maker in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

4.0

• posted on 10 Feb 2022

4.0

for Salary and Benefits

Likes

Company given food facility,working timings limited, understand employees requests,Good working environment, teammates are very supportive, company gives hike and every year bones,

Salary - Good

+6 more

Dislikes

In my view point no one dislike.

Project Executive in Bangalore / Bengaluru

Project Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

For parents medical treatment/operation you can take leaves for max 1 day only. Bad leave policies. No gratuity. In some cases Good for "🪣 work" They can terminate in hours, no job security. Every day is nightmare. Senior always try to humiliate.

Salary - Bad

+6 more

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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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Spectrum Tool Engineers Design and Product Development Engineer Salary FAQs

How the salary growth look like for a Design and Product Development Engineer at Spectrum Tool Engineers in India?

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

Experience	Average Salary Range
7 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Spectrum Tool Engineers Design and Product Development Engineer Salaries

Spectrum Tool Engineers Design and Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of Spectrum Tool Engineers.

Spectrum Tool Engineers Design and Product Development Engineer salaries in India

Companies similar to Spectrum Tool Engineers for Design and Product Development Engineer

Similar Designation salaries in Spectrum Tool Engineers

Salary related reviews for Spectrum Tool Engineers

Project Executive in Bangalore / Bengaluru

Senior Tool Maker in Bangalore / Bengaluru

Project Executive in Bangalore / Bengaluru

Spectrum Tool Engineers Design and Product Development Engineer Salary FAQs

Tell us how to improve this page.