Vem Technologies Product Design Engineer Salaries by 6 Employees

1 - 4 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Product Design Engineer Salary in Defence & Aerospace Companies for 1 - 4 years of experience

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Last Updated: 16 Jan 2024

Companies similar to Vem Technologies for Product Design Engineer

Company name	Avg Annual Salary	Open Jobs
Honeywell Technology Solutions Product Design Engineer Salary 1 - 7 years exp. (7 salaries)	₹8.3 L/yr - ₹11.5 L/yr 143% more
Data Patterns Product Design Engineer Salary 3 - 6 years exp. (6 salaries)	₹4 L/yr - ₹12.5 L/yr 81% more
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GE Product Design Engineer Salary 2 - 3 years exp. (3 salaries)	₹7.5 L/yr - ₹8.5 L/yr 104% more
Collins Aerospace Product Design Engineer Salary 8 - 11 years exp. (3 salaries)	₹8.6 L/yr - ₹9.6 L/yr 130% more
Mercedes-Benz Research and Development India Product Design Engineer Salary 1 - 9 years exp. (485 salaries)	₹6.5 L/yr - ₹15 L/yr 193% more

Product Design Engineer salary at Vem Technologies ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Vem Technologies.

Experience wise Vem Technologies Product Design Engineer salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

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Salary related reviews for Vem Technologies

Mechanical Engineer in Hyderabad / Secunderabad

Development & Engineering Department

4.0

• posted on 19 Jul 2021

2.0

for Salary and Benefits

Likes

Every project and tasks are very challenging. We can gain lot of knowledge. They give good salary hikes and bonus.

Job security - Excellent

+1 more

Dislikes

There is lot of politics amd management doesn't address our issues. Salary is decent but career growth is slow.there is a bond of 3 years. On the job training is not given to new join.

Salary - Poor

Design Engineer in Hyderabad / Secunderabad

Research & Development Department

2.0

• posted on 18 Aug 2019

2.0

for Salary and Benefits

Likes

Excellent learning opportunity for freshers. You will get to work on great projects, no other company will give you such projects. Very friendly teammate, everyone is supportive. The job security is also very good

Job security - Good

Dislikes

...s a waste, no timely response and they are least bothered about your problems. Salary is not given in time, there is no fixed date for salary deposition, you may get salary anywhere between 7th and 25th in a month. Even bonus and arrears are not given in time.

Salary - Poor

+3 more

Junior Engineer in Bachupally

Quality Control Department

2.0

• posted on 19 Dec 2020

1.0

for Salary and Benefits

Likes

Very worst 👎company.... Did not give salary... Last 1yrs...its give in 3month 1salary...work culture and colleagues and so cheap and mean mentality... They didn't look good if u doing well.... About HR.., it's totally❌ worst fellow person..

Dislikes

Alll

Salary - Bad

+6 more

HR Assistant in Hyderabad / Secunderabad

Human Resources Department

5.0

• posted on 25 May 2022

4.0

for Salary and Benefits

Likes

...upportive and the management is transparent.there is a huge cafeteria for chill. Company policies are good appraisal are fair and they give good salary hike and bonus every year

Salary - Good

+5 more

Dislikes

There is a lot of political and the management doesn't address our isse salaryis decent but of 2 years before which you cannot resign on the job training is not given to new joino

Design Engineer & Modeler in Hyderabad / Secunderabad

Design engineering Department

3.0

• posted on 06 May 2021

1.0

for Salary and Benefits

Likes

...r starting good then anywhere carries good job control so well managed what the problem regarding the management of salary shoes you will get hold of three month salary and get one month at bonus regarding this problem of PF they will cut and do not pay them in regular basis

Skill development - Excellent

+2 more

Dislikes

I don't HR man management of salaries and their policies regarding anything they want to change within change in minutes we want to see perfect and strong with them then anywhere helps

Salary - Bad

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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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Vem Technologies Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at Vem Technologies ?

The average salary of a Product Design Engineer at Vem Technologies in India typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Product Design Engineer at Vem Technologies earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Product Design Engineer Salaries at Vem 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 Vem Technologies employees in India.

What is the estimated take home salary of a Product Design Engineer at Vem Technologies in India?

The estimated take-home salary of a Product Design Engineer at Vem Technologies in India typically ranges from ₹28,668 to ₹30,052 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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 Vem Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Vem Technologies for Product Design Engineer in India?

Mercedes-Benz Research and Development India	₹6.5 Lakhs to ₹15.0 Lakhs per year
Honeywell Technology Solutions	₹8.3 Lakhs to ₹11.5 Lakhs per year
Collins Aerospace	₹8.6 Lakhs to ₹9.6 Lakhs per year
GE	₹7.5 Lakhs to ₹8.5 Lakhs per year
Data Patterns	₹4.0 Lakhs to ₹12.5 Lakhs per year

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

How the salary growth look like for a Product Design Engineer at Vem Technologies in India?

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.4 Lakhs to ₹4.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Vem Technologies Product Design Engineer Salaries

Vem Technologies Product Design Engineer salary in India ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Vem Technologies latest salaries received from various employees of Vem Technologies.