SPX Flow Technology new Product Development Engineer Salaries by 5 Employees

10 - 13 years exp.

₹9.5 Lakhs - ₹16.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

216% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 10 - 13 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 10 - 13 years exp. (4 salaries)	₹10 L/yr - ₹16.5 L/yr
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Engineering - Software & QA new Product Development Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 12 Oct 2024

Companies similar to SPX Flow Technology for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Kyb Motorcycle Suspension new Product Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3 L/yr 83% less
INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (69 salaries)	₹2.7 L/yr - ₹5.5 L/yr 69% less
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L.G.Balakrishnan & Bros new Product Development Engineer Salary 1 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 74% less
JBM Group new Product Development Engineer Salary 0 - 8 years exp. (34 salaries)	₹1.8 L/yr - ₹5.7 L/yr 71% less
Wadhokar new Product Development Engineer Salary 0 - 4 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 81% less

new Product Development Engineer salary at SPX Flow Technology ranges between ₹9.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of SPX Flow Technology.

Experience wise SPX Flow Technology new Product Development Engineer salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
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12 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
13 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr

Similar Designation salaries in SPX Flow Technology

Product Development Engineer Salary

(4 salaries)

₹6.8 L/yr - ₹10.5 L/yr

Development Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Production Engineer Salary

(5 salaries)

₹3 L/yr - ₹6 L/yr

Product Engineer Salary

(3 salaries)

₹7.6 L/yr - ₹9.2 L/yr

Senior Design Engineer Salary

(23 salaries)

₹10.5 L/yr - ₹16.5 L/yr

Project Engineer Salary

(6 salaries)

₹6.4 L/yr - ₹11.5 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Design Engineer Salary

(79 salaries)

₹3.9 L/yr - ₹11.25 L/yr

Mechanical Engineer Salary

(4 salaries)

₹10 L/yr - ₹12 L/yr

Salary related reviews for SPX Flow Technology

Business Excellence And Mfg. Engg. Leader in Ahmedabad

Production, Manufacturing & Engineering Department

2.0

• posted on 04 Jul 2022

5.0

for Salary and Benefits

Likes

1. Very good pay master. 2. there is good culture of social activities. 3. Five day week.

Salary - Excellent

Dislikes

1. Politics. 2. No work life balance. 3. No job security. 4. Top management is heighly biased. 5. Cross functional goals are not aligned properly.

Job security - Bad

+1 more

Design And Application Engineer in Jaipur

Engineering Department

3.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

Good people to work, work life balance is good

Work-life balance - Good

Dislikes

Salary growth is all depend on your line manager whoever makes extra personal effort will get good appraisals, rest will get the average percentage, training learning is only on papers. Internal politics is done by the people who are not eligible to work in MNC.

Skill development - Poor

+1 more

Design Engineer in Pune

Full Time

Research & Development Department

5.0

• posted on 03 Aug 2023

4.0

for Salary and Benefits

Likes

Great work culture. Good company to work only if you are working as a contigent i.e contract worker then benefits like leaves and medical insurance are less. But best culture with best people.

Salary - Good

+6 more

Dislikes

Nothing as such. Only that for contigent worker to get payroll opportunities is just like near to zero percent.

Assistant Manager Sales & Marketing in Ahmedabad

Full Time

Sales and Marketing Department

3.0

• posted on 28 Sep 2021

4.0

for Salary and Benefits

Likes

Job security is the best part. Not much pressure even if you are in direct sales Work life balance is good

Salary - Good

+1 more

Dislikes

Appraisal are limited and no much information is shared about it. Favoritism and office politics is something you cannot escape

Skill development - Poor

+3 more

Design & Proposal Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 27 Mar 2020

5.0

for Salary and Benefits

Likes

It is a good platform to explore our knowledge. Friedly work environment and abundant career growth opportunities.

Salary - Excellent

+6 more

Dislikes

Still people are not well worsed with Technology which is being transferred from EMEA, No canteen, No transport, No family gatherings etc

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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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SPX Flow Technology new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at SPX Flow Technology ?

The average salary of a new Product Development Engineer at SPX Flow Technology in India typically ranges from ₹9.5 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of new Product Development Engineer at SPX Flow Technology earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. new Product Development Engineer Salaries at SPX Flow Technology 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 SPX Flow Technology employees in India.

What is the estimated take home salary of a new Product Development Engineer at SPX Flow Technology in India?

The estimated take-home salary of a new Product Development Engineer at SPX Flow Technology in India typically ranges from ₹91,062 to ₹93,457 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 10 years to 13 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 SPX Flow Technology. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a new Product Development Engineer in companies similar to SPX Flow Technology in India?

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

INDO-MIM	₹2.7 Lakhs to ₹5.5 Lakhs per year
JBM Group	₹1.8 Lakhs to ₹5.7 Lakhs per year
L.G.Balakrishnan & Bros	₹1.8 Lakhs to ₹5.0 Lakhs per year
Wadhokar	₹1.5 Lakhs to ₹4.0 Lakhs per year
Kyb Motorcycle Suspension	₹1.5 Lakhs to ₹3.0 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 new Product Development Engineer at SPX Flow Technology in India?

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

Experience	Average Salary Range
10 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
11 years	₹10.5 Lakhs to ₹13.5 Lakhs per year
12 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
13 years	₹14.7 Lakhs to ₹18.7 Lakhs per year

and so on.

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SPX Flow Technology new Product Development Engineer Salaries

SPX Flow Technology new Product Development Engineer salary in India ranges between ₹9.5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SPX Flow Technology latest salaries received from various employees of SPX Flow Technology.