Toshiba Machine Chennai Product Engineer Salaries by 5 Employees

1 - 3 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Salary of majority employees

27% less than the average Product Engineer Salary for 1 - 3 years of experience

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Salaries in different departments

Research & Development Product Engineer Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹5.5 L/yr
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Production, Manufacturing & Engineering Product Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 28 Aug 2024

Companies similar to Toshiba Machine for Product Engineer in Chennai

Toshiba Machine Product Engineer Salary

1 - 3 years exp. (5 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Intellect Design Arena Product Engineer Salary 0 - 5 years exp. (168 salaries)	₹2.8 L/yr - ₹10.5 L/yr 23% more
Temenos Product Engineer Salary 2 - 5 years exp. (128 salaries)	₹6.5 L/yr - ₹14 L/yr 109% more
Login to view exact salary
HCLTech Product Engineer Salary 1 - 7 years exp. (42 salaries)	₹2.8 L/yr - ₹6.5 L/yr 5% more
TCS Product Engineer Salary 0 - 4 years exp. (37 salaries)	₹2.8 L/yr - ₹8 L/yr 5% more
Ramco Industries Product Engineer Salary 2 - 11 years exp. (22 salaries)	₹3.6 L/yr - ₹6.2 L/yr 4% more

Product Engineer salary at Toshiba Machine ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Toshiba Machine.

Experience wise Toshiba Machine Product Engineer salaries in Chennai

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Salary related reviews for Toshiba Machine

IMM Testing Engineer in Chennai

Full Time

Quality Assurance Department

4.0

• posted on 29 Sep 2023

3.0

for Salary and Benefits

Likes

We work in more sophisticated things with challenge and improve ourself . If you want knowledge and work experience in injection molding machine you can choose this company. Suitable for freshers.

Job security - Good

Dislikes

Culture in company is not good enough but not suitable for longtime working.

Design Engineer in Chembarampakkam

Full Time

Research & Development Department

4.0

• posted on 16 Aug 2022

3.0

for Salary and Benefits

Likes

Its a manufacturing unit,we can involve in manufacturing process lively,HT team members are free to work and much more knowledge.

Job security - Good

Dislikes

If you are a contract person knowledge sharing is poor for you and work timing may take after 6pm frequently.

Purchase Engineer in Chennai

Procurement & Supply Chain Department

5.0

• posted on 28 Apr 2022

3.0

for Salary and Benefits

Likes

I have worked here with passion, the same company have provided space for learning so many things to do all necessary activities which is related to the job roll

Skill development - Excellent

+4 more

Dislikes

Company doesn't have any dislike but people whose around the circle with behaviour and the build a culture whose accept his point and all..this only main dislike

Service Engineer in New Delhi

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Apr 2021

3.0

for Salary and Benefits

Likes

if you can admire your boss then you are best, work not required at all when you are admirer of boss

Job security - Good

Dislikes

appraisals to only boss's admirer, others 2-3% max. No feedback matters, they don't like innovations/ not able to. too much politics, work life balance ?? ha ha ha

Skill development - Poor

+2 more

ENGINNER-SERVICE in New Delhi

PPM SERVICE Department

2.0

• posted on 08 Sep 2018

2.0

for Salary and Benefits

Likes

nothing worst place and company of my life, people do only politics,casteism and racism is in company, actually it was part of L&T but they are not giving profit, so it was sold out, and toshiba purchase. company product no durability, earlier it was selling in name of L&T now product selling on name of toshiba.

Job security - Excellent

Salary - Poor

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Toshiba Machine Product Engineer Salary FAQs

What is the salary of Product Engineer at Toshiba Machine in Chennai?

The average salary of a Product Engineer at Toshiba Machine in Chennai typically ranges from ₹3.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Product Engineer in Chennai at Toshiba Machine earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Product Engineer Salaries at Toshiba Machine 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 5 Toshiba Machine employees in India.

What is the estimated take home salary of a Product Engineer at Toshiba Machine in Chennai?

The estimated take-home salary of a Product Engineer at Toshiba Machine in Chennai typically ranges from ₹35,154 to ₹36,391 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 salaries received from various employees of Toshiba Machine. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Toshiba Machine for Product Engineer in India?

Temenos	₹6.5 Lakhs to ₹14.0 Lakhs per year
Intellect Design Arena	₹2.8 Lakhs to ₹10.5 Lakhs per year
HCLTech	₹2.8 Lakhs to ₹6.5 Lakhs per year
TCS	₹2.8 Lakhs to ₹8.0 Lakhs per year
Ramco Industries	₹3.6 Lakhs to ₹6.2 Lakhs per year

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

How the salary growth look like for a Product Engineer at Toshiba Machine in Chennai?

The salary growth for a Product Engineer at Toshiba Machine in Chennai depends on factors such as experience, performance, and promotions. On average, a Product Engineer in Chennai can expect the following growth trajectory at Toshiba Machine:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
3 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Toshiba Machine Product Engineer Salaries in Chennai

Toshiba Machine Product Engineer salary in Chennai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Toshiba Machine latest salaries received from various employees of Toshiba Machine.