Sundaram Clayton Chennai new Product Development Engineer Salaries by 4 Employees

4 - 17 years exp.

₹4 Lakhs - ₹11.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

67% more than the average new Product Development Engineer Salary in Auto Components Companies for 4 - 17 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Sundaram Clayton for new Product Development Engineer in Chennai

Sundaram Clayton new Product Development Engineer Salary

4 - 17 years exp. (4 salaries)

₹4 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Sundram Fasteners new Product Development Engineer Salary 0 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹4.8 L/yr 47% less
JBM Group new Product Development Engineer Salary 2 - 8 years exp. (6 salaries)	₹2.3 L/yr - ₹5 L/yr 42% less
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Imperial Auto Industries new Product Development Engineer Salary 1 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr 51% less
Asahi India Glass new Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹3.7 L/yr 51% less
Lucas-TVS new Product Development Engineer Salary 0 - 21 years exp. (25 salaries)	₹2.2 L/yr - ₹8.5 L/yr 5% less

new Product Development Engineer salary at Sundaram Clayton ranges between ₹4 Lakhs to ₹11.3 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Clayton.

Experience wise Sundaram Clayton new Product Development Engineer salaries in Chennai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
15+ years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr

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Salary related reviews for Sundaram Clayton

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Hosur

Production, Manufacturing & Engineering Department

4.0

• posted on 19 Sep 2018

4.0

for Salary and Benefits

Likes

Overall good .The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Good

+6 more

Dislikes

No dislike .Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Senior HR Executive in Chennai

Full Time

Human Resources Department

5.0

• posted on 21 Mar 2021

5.0

for Salary and Benefits

Likes

...are and the awesome in-house food made by top chefs for employees are their USP. The annual compensation is always a bit higher than market average.

Salary - Excellent

+6 more

Dislikes

Nothing. There might be some misunderstanding but that happens in everyjob and with every boss so as an organization SCL is one of the best for employee welfare

QA QC Inspector in Chennai

Full Time

Quality Assurance Department

5.0

• posted on 03 May 2021

5.0

for Salary and Benefits

Likes

...tes are supportive and the management is transparent. There is a huge cafeteria. Company policies are good, appraisals and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Excellent automobile industry

Member Research & Development in Chennai

Full Time

Research & Development Department

2.0

• posted on 23 May 2023

3.0

for Salary and Benefits

Likes

Salary and benefits; Medical Insurance.

Dislikes

Work Culture; Hatred towards Engineering graduates from Diploma holding Managers. No meaningful work can be done with the office politics that exist there. Engineers have no respect here.

Skill development - Bad

+5 more

Production Planner in Chengalpattu

Intern

Production, Manufacturing & Engineering Department

4.0

• posted on 14 Oct 2024

5.0

for Salary and Benefits

Likes

... the Changing needs. Skill development and other career building opportunities. Good pay scale. Striving to maintain discipline among employees.

Salary - Excellent

+4 more

Dislikes

Giving importance to financial gains over employees emotional needs, especially production and maintenance department.

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Salary Discussions, Hike & Promotions

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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Sundaram Clayton new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Sundaram Clayton in Chennai?

The average salary of a new Product Development Engineer at Sundaram Clayton in Chennai typically ranges from ₹4.0 Lakhs to ₹11.3 Lakhs per year, depending on experience (from 4 years to 17 years).

The top 10% of new Product Development Engineer in Chennai at Sundaram Clayton earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. new Product Development Engineer Salaries at Sundaram Clayton 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 Sundaram Clayton employees in India.

What is the estimated take home salary of a new Product Development Engineer at Sundaram Clayton in Chennai?

The estimated take-home salary of a new Product Development Engineer at Sundaram Clayton in Chennai typically ranges from ₹50,216 to ₹51,401 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from 4 years to 17 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 Sundaram Clayton. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a new Product Development Engineer in companies similar to Sundaram Clayton in Chennai?

The salary of a new Product Development Engineer at companies similar to Sundaram Clayton in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lucas-TVS	₹2.2 Lakhs to ₹8.5 Lakhs per year
JBM Group	₹2.3 Lakhs to ₹5.0 Lakhs per year
TVS Sundram Fasteners	₹2.1 Lakhs to ₹4.8 Lakhs per year
Asahi India Glass	₹1.7 Lakhs to ₹3.7 Lakhs per year
Imperial Auto Industries	₹2.5 Lakhs to ₹4.4 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 new Product Development Engineer at Sundaram Clayton in Chennai?

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

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
15 years	₹10.2 Lakhs to ₹13.0 Lakhs per year

and so on.

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Sundaram Clayton new Product Development Engineer Salaries in Chennai

Sundaram Clayton new Product Development Engineer salary in Chennai ranges between ₹4 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sundaram Clayton latest salaries received from various employees of Sundaram Clayton.