Stumpp Schuele & Somappa Springs Product Development Engineer Salaries by 4 Employees

0 - 4 years exp.

₹1.3 Lakh - ₹1.8 Lakh

Low Confidence

Avg. annual salary

Monthly In-hand Salary

81% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Product Development Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.4 L/yr
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Research & Development Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.4 L/yr

Last Updated: 14 Sep 2023

Companies similar to Stumpp Schuele & Somappa Springs for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Grundfos Pumps Product Development Engineer Salary 7 - 9 years exp. (6 salaries)	₹13.9 L/yr - ₹20 L/yr 992% more
Dietech India Product Development Engineer Salary 0 - 3 years exp. (6 salaries)	₹1.1 L/yr - ₹3.1 L/yr 12% more
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Tecumseh Products Product Development Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹6.7 L/yr 212% more
Phenom Product Development Engineer Salary 1 - 4 years exp. (202 salaries)	₹6 L/yr - ₹21.2 L/yr 708% more	7 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (193 salaries)	₹6 L/yr - ₹9.5 L/yr 356% more

Product Development Engineer salary at Stumpp Schuele & Somappa Springs ranges between ₹1.3 Lakh to ₹1.8 Lakh per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Stumpp Schuele & Somappa Springs.

Experience wise Stumpp Schuele & Somappa Springs Product Development Engineer salaries

Last Updated: 14 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr

Similar Designation salaries in Stumpp Schuele & Somappa Springs

New Product Development Engineer Salary

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Project Engineer Salary

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₹4.8 L/yr - ₹6.1 L/yr

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₹1.3 L/yr - ₹7 L/yr

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₹1.5 L/yr - ₹4.2 L/yr

Salary related reviews for Stumpp Schuele & Somappa Springs

3.0

Rated by 2 employees for salary & benefits

Product Development Engineer in Bangalore / Bengaluru

Research & Development Department

5.0

• posted on 05 Apr 2019

4.0

for Salary and Benefits

Likes

This company has lot for those who has eager to learn keeping all the expectations with themself, Homely environment, people are supportive. Feels challenging specially in npd and marketing department.

Salary - Good

+3 more

Dislikes

Slow growth in career, manager do not value anyone other than work. Compensation are decent.

Production Engineer in Halol

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Mar 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Skill development - Good

+3 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 joinees.

Quality Engineer in Halol

Full Time

Quality Assurance Department

4.0

• posted on 22 Apr 2021

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.life

Salary - Excellent

+6 more

Dislikes

Senior Engineer in Bangalore Rural

Production, Manufacturing & Engineering Department

3.0

• posted on 06 May 2021

1.0

for Salary and Benefits

Likes

Amazing exposure. Have to work here for learning to cope up with extreme pressures. Good for starting your career but not to stay for more than 1 year.

Skill development - Excellent

Dislikes

Horrible salary to employees. If this is rectified, it's a good company to work for.

Salary - Bad

+3 more

Graduate Engineer Trainee (Get) in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 22 Mar 2024

3.0

for Salary and Benefits

Likes

Leaves are available

Dislikes

...small amount if you login late. Manufacturing unit is in Chennai for stab bars..so you need to travel lot You have to login at 8am The log off time is at 5pm(rarely you log off at this time) No bonus...no yearly hikes Cateen food is average.

Job security - Poor

+2 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Stumpp Schuele & Somappa Springs Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Stumpp Schuele & Somappa Springs ?

The average salary of a Product Development Engineer at Stumpp Schuele & Somappa Springs in India typically ranges from ₹1.3 Lakhs to ₹1.8 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Product Development Engineer at Stumpp Schuele & Somappa Springs earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Product Development Engineer Salaries at Stumpp Schuele & Somappa Springs 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 Stumpp Schuele & Somappa Springs employees in India.

What is the estimated take home salary of a Product Development Engineer at Stumpp Schuele & Somappa Springs in India?

The estimated take-home salary of a Product Development Engineer at Stumpp Schuele & Somappa Springs in India typically ranges from ₹10,146 to ₹11,239 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹1.8 Lakhs per year for employees with experience ranging from Fresher to 4 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 Stumpp Schuele & Somappa Springs. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Stumpp Schuele & Somappa Springs for Product Development Engineer in India?

Grundfos Pumps	₹13.9 Lakhs to ₹20.0 Lakhs per year
Phenom	₹6.0 Lakhs to ₹21.2 Lakhs per year
Comviva Technology	₹6.0 Lakhs to ₹9.5 Lakhs per year
Tecumseh Products	₹1.8 Lakhs to ₹6.7 Lakhs per year
Dietech India	₹1.1 Lakhs to ₹3.1 Lakhs per year

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

How the salary growth look like for a Product Development Engineer at Stumpp Schuele & Somappa Springs in India?

The salary growth for a Product Development Engineer at Stumpp Schuele & Somappa Springs depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at Stumpp Schuele & Somappa Springs:

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.5 Lakhs to ₹1.9 Lakhs per year
2 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
3 years	₹1.2 Lakhs to ₹1.5 Lakhs per year

and so on.

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Stumpp Schuele & Somappa Springs Product Development Engineer Salaries

Stumpp Schuele & Somappa Springs Product Development Engineer salary in India ranges between ₹1.3 Lakh to ₹1.8 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Stumpp Schuele & Somappa Springs latest salaries received from various employees of Stumpp Schuele & Somappa Springs.