Veoneer India Functional Safety Engineer Salaries by 7 Employees

1 - 5 years exp.

₹6.2 Lakhs - ₹12 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

10% less than the average Functional Safety Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Last Updated: 17 Aug 2023

Companies similar to Veoneer India for Functional Safety Engineer

Company name	Avg Annual Salary	Open Jobs
Vitesco Technologies Functional Safety Engineer Salary 2 - 4 years exp. (4 salaries)	₹6.7 L/yr - ₹8 L/yr 14% less
Marquardt Functional Safety Engineer Salary 1 - 4 years exp. (3 salaries)	₹6.8 L/yr - ₹9.9 L/yr 6% less
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Knorr-Bremse Functional Safety Engineer Salary 14 - 15 years exp. (3 salaries)	₹35 L/yr - ₹45 L/yr 401% more
Bosch Global Software Technologies Functional Safety Engineer Salary 1 - 9 years exp. (42 salaries)	₹5 L/yr - ₹19.3 L/yr 34% more
TCS Functional Safety Engineer Salary 2 - 5 years exp. (31 salaries)	₹3.7 L/yr - ₹9.4 L/yr 33% less

Functional Safety Engineer salary at Veoneer India ranges between ₹6.2 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Veoneer India .

Experience wise Veoneer India Functional Safety Engineer salaries

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
4 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

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Top skills at Veoneer India for Functional Safety Engineer

Risk Assessment Automotive Sensors Failure Analysis ISO AUTOSAR Control System Safety Analysis

Salary related reviews for Veoneer India

4.0

Rated by 1 employees for salary & benefits

Associate Lead Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

4.0

• posted on 19 Jul 2020

5.0

for Salary and Benefits

Likes

Company with versatility in HR policy by understanding the 360 ' of Employees emotions.

Salary - Excellent

+6 more

Dislikes

Need some improvement in amenities like cafe expansion, Cab. Need to change the variable and statuatory pay policy.

Deputy Manager in Manyata

Engineering - Software & QA Department

5.0

• posted on 09 Apr 2021

4.0

for Salary and Benefits

Likes

there are multiple projects , so you will be safe. work culture is Good , people are friendly

Salary - Good

+5 more

Dislikes

some time politics and Benefits an be enhanced like Bonus, Covid allowance, Gymnasium can be provided, Free food also.

Graduate Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 13 Jul 2023

4.0

for Salary and Benefits

Likes

Good company, good work culture.

Salary - Good

Dislikes

Team members are not cooperate to work.. If they don't want you in a team then they will put blames on you then remove from there.. Worst strategy in the team. They target personally..

Skill development - Poor

+3 more

Associate Lead Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

2.0

• posted on 27 Feb 2023

3.0

for Salary and Benefits

Likes

Teams cooperation is good

Dislikes

There is no particular process they were following for organisational structure. Counter part will directly contacting engineers and asking to complete their work first without informing to manager and team lead. They will escalate intentionally if whoever is opposite

Skill development - Poor

+4 more

Associate Lead Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 19 Apr 2022

2.0

for Salary and Benefits

Likes

On your personal issues, you'll get help. Considering other companies, there are still some gaps to be filled.

Dislikes

Too much of politics. If you're north Indian, definitely you'll see the difference over paper and options provided for many things. Not much appreciation for the hard work you do unless you do butterpolish to your manager. No suggestion for you to join the veoneer. Stay away.

Salary - Poor

+6 more

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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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Veoneer India Functional Safety Engineer Salary FAQs

What is the salary of Functional Safety Engineer at Veoneer India ?

The average salary of a Functional Safety Engineer at Veoneer India in India typically ranges from ₹6.2 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Functional Safety Engineer at Veoneer India earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Functional Safety Engineer Salaries at Veoneer India 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 7 Veoneer India employees in India.

What is the estimated take home salary of a Functional Safety Engineer at Veoneer India in India?

The estimated take-home salary of a Functional Safety Engineer at Veoneer India in India typically ranges from ₹61,138 to ₹62,687 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 7 salaries received from various employees of Veoneer India . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Functional Safety Engineer at Veoneer India ?

To be a Functional Safety Engineer at Veoneer India in india, the key skills required include:

- Risk Assessment
- Automotive
- Sensors
- Failure Analysis
- ISO

These skills are highly valued at Veoneer India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Veoneer India for Functional Safety Engineer in India?

Knorr-Bremse	₹35.0 Lakhs to ₹45.0 Lakhs per year
Bosch Global Software Technologies	₹5.0 Lakhs to ₹19.3 Lakhs per year

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

What is the salary of a Functional Safety Engineer in companies similar to Veoneer India in India?

The salary of a Functional Safety Engineer at companies similar to Veoneer India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marquardt	₹6.8 Lakhs to ₹9.9 Lakhs per year
Vitesco Technologies	₹6.7 Lakhs to ₹8.0 Lakhs per year
TCS	₹3.7 Lakhs to ₹9.4 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 Functional Safety Engineer at Veoneer India in India?

The salary growth for a Functional Safety Engineer at Veoneer India depends on factors such as experience, performance, and promotions. On average, a Functional Safety Engineer can expect the following growth trajectory at Veoneer India :

Experience	Average Salary Range
1 year	₹6.0 Lakhs to ₹7.7 Lakhs per year
2 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
3 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
4 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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Veoneer India Functional Safety Engineer Salaries

Veoneer India Functional Safety Engineer salary in India ranges between ₹6.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Veoneer India latest salaries received from various employees of Veoneer India .