SVP Laser Technologies Product Development Engineer Salaries by 6 Employees

3 - 4 years exp.

₹4.2 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Product Development Engineer Salary in Financial Services Companies for 3 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to SVP Laser Technologies for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 16% more
Fidelity Investments Product Development Engineer Salary 3 - 4 years exp. (3 salaries)	₹8.5 L/yr - ₹13 L/yr 168% more
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Phenom Product Development Engineer Salary 1 - 4 years exp. (202 salaries)	₹6 L/yr - ₹21.2 L/yr 181% more	8 job openings
Comviva Technology Product Development Engineer Salary 0 - 2 years exp. (194 salaries)	₹5.1 L/yr - ₹9.5 L/yr 59% more
TE Connectivity Product Development Engineer Salary 1 - 9 years exp. (140 salaries)	₹4 L/yr - ₹15 L/yr 113% more	9 job openings

Product Development Engineer salary at SVP Laser Technologies ranges between ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of SVP Laser Technologies.

Experience wise SVP Laser Technologies Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (3 salaries)	₹4.2 L/yr - ₹4.2 L/yr
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4 years (3 salaries)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in SVP Laser Technologies

Production Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Design Engineer Salary

(5 salaries)

₹2 L/yr - ₹3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for SVP Laser Technologies

Design Engineer in Chennai

Research & Development Department

4.0

• posted on 29 Feb 2020

5.0

for Salary and Benefits

Likes

Good company for a fresher,Can get opportunities to go other states for m/c installation hence to get the experience of various language skills and work place was bit ugly but can get freedom while working and if you show intent and willingness to learn this is a good place ,

Salary - Excellent

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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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SVP Laser Technologies Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at SVP Laser Technologies ?

The average salary of a Product Development Engineer at SVP Laser Technologies in India typically ranges from ₹4.2 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Product Development Engineer at SVP Laser Technologies earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Product Development Engineer Salaries at SVP Laser Technologies 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 6 SVP Laser Technologies employees in India.

What is the estimated take home salary of a Product Development Engineer at SVP Laser Technologies in India?

The estimated take-home salary of a Product Development Engineer at SVP Laser Technologies in India typically ranges from ₹31,932 to ₹33,217 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 3 years 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 6 salaries received from various employees of SVP Laser Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SVP Laser Technologies for Product Development Engineer in India?

Phenom	₹6.0 Lakhs to ₹21.2 Lakhs per year
Fidelity Investments	₹8.5 Lakhs to ₹13.0 Lakhs per year
TE Connectivity	₹4.0 Lakhs to ₹15.0 Lakhs per year
Comviva Technology	₹5.1 Lakhs to ₹9.5 Lakhs per year
Morgan Stanley	₹4.2 Lakhs to ₹6.5 Lakhs per year

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

How the salary growth look like for a Product Development Engineer at SVP Laser Technologies in India?

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

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹4.2 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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SVP Laser Technologies Product Development Engineer Salaries

SVP Laser Technologies Product Development Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SVP Laser Technologies latest salaries received from various employees of SVP Laser Technologies.

SVP Laser Technologies Product Development Engineer salaries in India