SVE Drilling Tools Hyderabad / Secunderabad Design Engineer Salaries by 4 Employees

Last Updated: 16 Mar 2023

Companies similar to SVE Drilling Tools for Design Engineer in Hyderabad / Secunderabad

SVE Drilling Tools Design Engineer Salary

1 - 4 years exp. (4 salaries)

₹1.7 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Cyient Design Engineer Salary 0 - 10 years exp. (928 salaries)	₹2.5 L/yr - ₹10.2 L/yr 92% more	3 job openings
Tech Mahindra Design Engineer Salary 0 - 9 years exp. (355 salaries)	₹2.7 L/yr - ₹8 L/yr 44% more	1 job opening
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Techwave Consulting Design Engineer Salary 2 - 7 years exp. (213 salaries)	₹2.1 L/yr - ₹6.6 L/yr 19% more
Collins Aerospace Design Engineer Salary 4 - 10 years exp. (174 salaries)	₹4.3 L/yr - ₹12.3 L/yr 177% more	1 job opening
Defence Research & Development Organisation Design Engineer Salary 1 - 6 years exp. (97 salaries)	₹1.5 L/yr - ₹5 L/yr 3% more

Design Engineer salary at SVE Drilling Tools ranges between ₹1.7 Lakh to ₹4.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of SVE Drilling Tools.

Experience wise SVE Drilling Tools Design Engineer salaries in Hyderabad / Secunderabad

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

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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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SVE Drilling Tools Design Engineer Salary FAQs

What is the salary of Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad?

The average salary of a Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad typically ranges from ₹1.7 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design Engineer in Hyderabad / Secunderabad at SVE Drilling Tools earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Design Engineer Salaries at SVE Drilling Tools 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 SVE Drilling Tools employees in India.

What is the estimated take home salary of a Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad?

The estimated take-home salary of a Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad typically ranges from ₹26,519 to ₹27,935 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 1 year 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 SVE Drilling Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SVE Drilling Tools for Design Engineer in India?

Collins Aerospace	₹4.3 Lakhs to ₹12.3 Lakhs per year
Cyient	₹2.5 Lakhs to ₹10.2 Lakhs per year
Tech Mahindra	₹2.7 Lakhs to ₹8.0 Lakhs per year
Techwave Consulting	₹2.1 Lakhs to ₹6.6 Lakhs per year
Defence Research & Development Organisation	₹1.5 Lakhs to ₹5.0 Lakhs per year

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

How the salary growth look like for a Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad?

The salary growth for a Design Engineer at SVE Drilling Tools in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at SVE Drilling Tools:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹2.0 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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SVE Drilling Tools Design Engineer Salaries in Hyderabad / Secunderabad

SVE Drilling Tools Design Engineer salary in Hyderabad / Secunderabad ranges between ₹1.7 Lakh to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SVE Drilling Tools latest salaries received from various employees of SVE Drilling Tools.