Svm Chennai Design & Development Engineer Salaries by 5 Employees (Updated 2024)

1 - 4 years exp.

₹1.8 Lakh - ₹4.2 Lakhs

Salary of majority employees

52% less than the average Design & Development Engineer Salary in Electronics Manufacturing Companies for 1 - 4 years of experience

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Last Updated: 12 Aug 2024

Companies similar to Svm for Design & Development Engineer in Chennai

Svm Design & Development Engineer Salary

1 - 4 years exp. (5 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Design & Development Engineer Salary 4 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹6.6 L/yr 119% more
HCLTech Design & Development Engineer Salary 4 - 8 years exp. (3 salaries)	₹3.4 L/yr - ₹5.3 L/yr 46% more
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Fujitec Design & Development Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹6.6 L/yr 68% more
Lucas-TVS Design & Development Engineer Salary 1 - 8 years exp. (17 salaries)	₹3 L/yr - ₹7 L/yr 63% more
Renault Nissan Technology & Business Centre India Design & Development Engineer Salary 4 - 7 years exp. (8 salaries)	₹6.1 L/yr - ₹7.2 L/yr 125% more

Design & Development Engineer salary at Svm ranges between ₹1.8 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Svm.

Experience wise Svm Design & Development Engineer salaries in Chennai

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

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Salary related reviews for Svm

Production Engineer in Mumbai

Production, Manufacturing & Engineering Department

5.0

• posted on 20 May 2022

1.0

for Salary and Benefits

Likes

Better knowledge growthing company for freshers. Making skill fast growth with process knowledge. Directly contact management team for requirement.

Dislikes

This company not supporting for engineer life growth vice income . Not satisfied on facilities and culture.Requirement was not fulfilled by the management.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Svm Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Svm Chennai?

Design & Development Engineer salary at Svm in Chennai ranges between ₹1.8 Lakhs to ₹4.2 Lakhs for experience between 1 years to 4 years. According to our estimates it is 52% less than the average Design & Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Svm Chennai.

How does the salary of a Design & Development Engineer at Svm Chennai compare with the average salary range for this job?

The average salary of a Design & Development Engineer at Svm is 52% less than the average salary of a Design & Development Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Svm to a Design & Development Engineer in Chennai?

Renault Nissan Technology & Business Centre India Design & Development Engineer Salary - ₹6.1 Lakhs to ₹7.2 Lakhs per year
TCS Design & Development Engineer Salary - ₹5.5 Lakhs to ₹6.6 Lakhs per year
Fujitec Design & Development Engineer Salary - ₹3.6 Lakhs to ₹6.6 Lakhs per year
Lucas-TVS Design & Development Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
HCLTech Design & Development Engineer Salary - ₹3.4 Lakhs to ₹5.3 Lakhs per year

What is the estimated take home salary of a Design & Development Engineer at Svm in Chennai?

The estimated take-home salary of a Design & Development Engineer at Svm ranges between ₹20,534 per month to ₹22,189 per month in Chennai. The take-home salary calculation is based on the average Svm Design & Development Engineer salary in India which ranges between ₹1.8 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Design & Development Engineer at Svm in Chennai?

According to AmbitionBox, 100% of the Svm Design & Development Engineers in Chennai reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Svm Design & Development Engineer Salaries in Chennai

Svm Design & Development Engineer salary in Chennai ranges between ₹1.8 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Svm latest salaries received from various employees of Svm.