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TechnipFMC

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4.0

based on 853 Reviews

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TechnipFMC Product Development Engineer salaries in India

Annual salary range
1 - 8 years exp.
₹6.2 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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8% less than the average Product Development Engineer Salary in Industrial Machinery Companies for 1 - 8 years of experience

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Last Updated: 15 Mar 2023

Companies similar to TechnipFMC for Product Development Engineer

Company name Avg Annual Salary Open Jobs
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KONE Product Development Engineer Salary

2 - 7 years exp. (9 salaries)
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₹3.2 L/yr - ₹7 L/yr

arrow icon 29% less
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Mann And Hummel Filter Product Development Engineer Salary

2 - 7 years exp. (5 salaries)
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₹6 L/yr - ₹7.7 L/yr

arrow icon 11% less
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ABB Product Development Engineer Salary

4 - 7 years exp. (5 salaries)
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₹5 L/yr - ₹15 L/yr

arrow icon 25% more
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Cummins Product Development Engineer Salary

4 - 10 years exp. (5 salaries)
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₹9.1 L/yr - ₹16 L/yr

arrow icon 34% more
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KSB Limited - Irrigation & Process Division (IPD) Product Development Engineer Salary

3 - 7 years exp. (4 salaries)
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₹7 L/yr - ₹9 L/yr

arrow icon 6% more
Product Development Engineer salary at TechnipFMC ranges between ₹6.2 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of TechnipFMC.

Latest annual salaries shared by TechnipFMC Product Development Engineer

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8 years exp.
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2 years exp.
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5 years exp.
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1 year exp.

Experience wise TechnipFMC Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
2 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
8 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr

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₹7 L/yr - ₹13.5 L/yr
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₹4.5 L/yr - ₹5.8 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Production Manager Salary
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₹12 L/yr - ₹41 L/yr
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₹3.24 L/yr - ₹9 L/yr
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₹4 L/yr - ₹9 L/yr
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₹6.05 L/yr - ₹15 L/yr

Salary related reviews for TechnipFMC

Senior Engineer in Hyderabad / Secunderabad

Full Time

 · 

Research & Development Department

4.0
  •  posted on 05 Jul 2022
3.0
 for  Salary and Benefits

Likes

Opportunities to learn and grow, good work life balance, mentors are good.

  • Skill development - Good
    • +3 more

Dislikes

Partial appraisals to people. Salary structure is not based on experience. HR cut down the package despite the approved budget.

read more

Senior Engineer in Chennai

Subsea Services Department

4.0
  •  posted on 29 Apr 2021
3.0
 for  Salary and Benefits

Likes

TechnipFMC has a strong culture and industry leader like systems in place. Its training is superb. Good Support from team members

read more
  • Skill development - Excellent
    • +4 more

Dislikes

Average compensation. You are rewarded for hard work not smart, intelligent work. Subsea India branch is focused on project execution & productivity, not innovation although it has personnel capacity to do that.

read more

Production Engineer in New Delhi

Production, Manufacturing & Engineering Department

3.0
  •  posted on 06 Sep 2020
1.0
 for  Salary and Benefits

Likes

Work culture is average. Management only want job completion on time from the employees. No salary increment at all for outsider employees. Increment is not done on the basis of capability but done by seeing the face of those employees who all butters their bosses.

read more
  • Skill development - Good

Dislikes

Salary structure especially in the Fab shop. Politics done by the managers. No growth for outsiders epically in dahej workshop. Only local employees growth is possible here.

read more
  • Salary - Bad
    • +5 more

L2 Engineer in Chennai

Full Time

 · 

Research & Development Department

3.0
  •  posted on 24 Aug 2024
2.0
 for  Salary and Benefits

Likes

They prefer to give good work only for GET and not who came as lateral entry. Promotion and salary is not good. Work life balance is very good. Team is full of young engineers.

read more
  • Job security - Good
    • +1 more

Dislikes

Not getting proper design work, only report work is there as I am joined as a lateral entry. Good work preference is given to mainly GETs.

read more
  • Salary - Poor
    • +2 more

Quality Analyst in Hyderabad / Secunderabad

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 01 Aug 2024
2.0
 for  Salary and Benefits

Likes

The work life Balance and flexibility.

  • Work-life balance - Good

Dislikes

They treat quality very badly like they don’t contribute enough and the salary difference for a 5year experienced quality analyst is less than freshly joined GET. It’s very unfair

read more
  • Salary - Poor
    • +3 more
see more salary related reviews

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TechnipFMC Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at TechnipFMC ?
The average salary of a Product Development Engineer at TechnipFMC in India typically ranges from ₹6.2 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Product Development Engineer at TechnipFMC earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Product Development Engineer Salaries at TechnipFMC 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 TechnipFMC employees in India.
What is the estimated take home salary of a Product Development Engineer at TechnipFMC in India?
The estimated take-home salary of a Product Development Engineer at TechnipFMC in India typically ranges from ₹54,744 to ₹56,112 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 TechnipFMC. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than TechnipFMC for Product Development Engineer in India?
Cummins ₹9.1 Lakhs to ₹16.0 Lakhs per year
ABB ₹5.0 Lakhs to ₹15.0 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD) ₹7.0 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by TechnipFMC, depending on the role and experience level.
What is the salary of a Product Development Engineer in companies similar to TechnipFMC in India?
The salary of a Product Development Engineer at companies similar to TechnipFMC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mann And Hummel Filter ₹6.0 Lakhs to ₹7.7 Lakhs per year
KONE ₹3.2 Lakhs to ₹7.0 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 Product Development Engineer at TechnipFMC in India?
The salary growth for a Product Development Engineer at TechnipFMC depends on factors such as experience, performance, and promotions. On average, a Product Development Engineer can expect the following growth trajectory at TechnipFMC:

Experience Average Salary Range
1 year ₹5.6 Lakhs to ₹7.1 Lakhs per year
2 years ₹5.6 Lakhs to ₹7.1 Lakhs per year
5 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
8 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
and so on.

Tell us how to improve this page.

TechnipFMC Product Development Engineer salary in India ranges between ₹6.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 TechnipFMC latest salaries received from various employees of TechnipFMC.