Spectrum Tool Engineers Product Design Engineer Salaries by 3 Employees

3 - 6 years exp.

₹4.9 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Product Design Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Last Updated: 19 Oct 2023

Companies similar to Spectrum Tool Engineers for Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Product Design Engineer Salary 1 - 10 years exp. (4 salaries)	₹2 L/yr - ₹11 L/yr 41% more
Larsen & Toubro Limited Product Design Engineer Salary 3 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹4.8 L/yr 11% less
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TCS Product Design Engineer Salary 2 - 10 years exp. (49 salaries)	₹3.7 L/yr - ₹13.3 L/yr 57% more
Wipro Product Design Engineer Salary 5 - 6 years exp. (4 salaries)	₹6 L/yr - ₹10.3 L/yr 39% more
Tech Mahindra Product Design Engineer Salary 2 - 10 years exp. (49 salaries)	₹2.8 L/yr - ₹11.1 L/yr 27% more
HCLTech Product Design Engineer Salary 2 - 8 years exp. (26 salaries)	₹2.8 L/yr - ₹7.6 L/yr 14% less
Europa Locks Product Design Engineer Salary 2 - 5 years exp. (9 salaries)	₹3.6 L/yr - ₹5.5 L/yr 8% less
Trelleborg Product Design Engineer Salary 2 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.7 L/yr 13% less
SPX Flow Technology Product Design Engineer Salary 3 - 7 years exp. (4 salaries)	₹7.3 L/yr - ₹8.8 L/yr 58% more
Case New-Holland Construction Equipment India Product Design Engineer Salary 10 - 12 years exp. (3 salaries)	₹9 L/yr - ₹11.2 L/yr 93% more
Liebherr Appliances India Product Design Engineer Salary 3 - 5 years exp. (3 salaries)	₹4.9 L/yr - ₹6.3 L/yr 13% more
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Product Design Engineer salary at Spectrum Tool Engineers ranges between ₹4.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Spectrum Tool Engineers.

Experience wise Spectrum Tool Engineers Product Design Engineer salaries

Last Updated: 19 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Spectrum Tool Engineers

Senior Design Engineer Salary

(4 salaries)

₹4.5 L/yr - ₹8 L/yr

Junior Design Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹2.85 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Design Engineer Salary

(8 salaries)

₹2.85 L/yr - ₹5 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

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 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

Store Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

1.0

• posted on 13 Dec 2024

1.0

for Salary and Benefits

Likes

Tea / Coffee

Dislikes

Bad leave policy. No maternity leave policy in this company. Office politics. No growth. Bad loans. Company is struggling to pay suppliers and yet invest huge chunk in new projects by taking more loan from private finances. Please do not join this company, it will ruin your career. MD is biased towards people who have been working there for 5+ years. Though some of them do not have basic qualification, communication skills (bad English), do not know how to behave in front of customers and suppliers, MD favors them because they speak with MD everyday and give update about other employees (office politics). MD is more interested in politics (waiting for Corporator ticket from BJP) nowadays than running this business. MD involves employees in election campaigns (indirect).

Salary - Bad

+6 more

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.

Senior Purchase Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

1.0

• posted on 09 Sep 2020

2.0

for Salary and Benefits

Likes

small scale industry into sub-contracting and job work..

Dislikes

No job security. lot of internal politics, u will not be allowed to deliver or shine. company is a small scale industry into sub contraction business of micro plastics. they dont have own product. appointment letter will not be issued and u will be in probationay and no confirmation letter will be issued. after a year or two you will be replaced by a low cost employee. ownership company ...cant rely and no growth. also working hours is 12 -14 hrs and saturday is full day...plz avoid at first place....work pressure is very high and no guidance from the management

Salary - Poor

+6 more

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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Spectrum Tool Engineers Product Design Engineer Salary FAQs

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

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

Experience	Average Salary Range
3 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Spectrum Tool Engineers Product Design Engineer Salaries

Spectrum Tool Engineers Product Design Engineer salary in India ranges between ₹4.9 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Spectrum Tool Engineers latest salaries received from various employees of Spectrum Tool Engineers.