Veritek Engineering R&D Engineer Salaries by 5 Employees

1 - 4 years exp.

₹1.8 Lakh - ₹2.4 Lakhs

Salary of majority employees

79% less than the average R&D Engineer Salary in Electronics Manufacturing Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development R&D Engineer Salary 2 - 4 years exp. (3 salaries)	₹1.9 L/yr - ₹2.4 L/yr
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Production, Manufacturing & Engineering R&D Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 14 Mar 2023

Companies similar to Veritek Engineering for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Pyrotech Electronics R&D Engineer Salary 0 - 3 years exp. (14 salaries)	₹1.4 L/yr - ₹2.2 L/yr 6% less
ALKRAFT THERMOTECHNOLOGIES R&D Engineer Salary 0 - 4 years exp. (7 salaries)	₹2 L/yr - ₹3.1 L/yr 26% more
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Aczet R&D Engineer Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 68% more
Altigreen Propulsion Labs R&D Engineer Salary 1 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr 279% more
East India Technologies R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr 51% more

R&D Engineer salary at Veritek Engineering ranges between ₹1.8 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Veritek Engineering.

Experience wise Veritek Engineering R&D Engineer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.9 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Veritek Engineering

Design Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for Veritek Engineering

Moulding Supervisor in New Mumbai

Injection Molding Department

1.0

• posted on 13 Mar 2021

1.0

for Salary and Benefits

Likes

Working experience is worst. Manegement is total worst. Working condition is bad no safty workers overall company system and policies is not good for experience person and students....

Dislikes

Working experience is worst. And manegement doesn't care about workers. Salary system alos bad. Career growth in this company is to bad.

Salary - Bad

+6 more

Electronics Engineer in Navi Mumbai

Full Time

Quality Assurance Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

खर तर या कंपनी मध्ये आवडण्यासारखं काहीच नाहीये. अतिशय नीच दर्जाची कंपनी आहे आणि या कंपनी चे मालक सुद्धा तसेच नीच आहेत. कुठल्याच प्रकारचे वर्क सैटिस्फैक्शन या कंपनी मध्ये मिळणार नाही कधीच. त्यामुळे तुम्हाला नवी मुंबई विभागातून वेरिटेक इंजीनियरिंग प्रायव्हेट लिमिटेड ची जॉब ऑफर आली तर कधीच स्वीकारू नका.

Dislikes

या कंपनी चे नीच दर्जाचे मालक ते म्हणजे राकेश वर्मा आणि गणेश कुमार ज्यांना कंपनी कशी मोठी करता येईल याची जरासुद्धा अक्कल नाहीये.

Salary - Bad

+6 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Veritek Engineering R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Veritek Engineering ?

The average salary of a R&D Engineer at Veritek Engineering in India typically ranges from ₹1.8 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of R&D Engineer at Veritek Engineering earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. R&D Engineer Salaries at Veritek Engineering 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 Veritek Engineering employees in India.

What is the estimated take home salary of a R&D Engineer at Veritek Engineering in India?

The estimated take-home salary of a R&D Engineer at Veritek Engineering in India typically ranges from ₹13,502 to ₹14,940 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.4 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 5 salaries received from various employees of Veritek Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Veritek Engineering for R&D Engineer in India?

Altigreen Propulsion Labs	₹6.0 Lakhs to ₹8.5 Lakhs per year
Aczet	₹3.0 Lakhs to ₹4.2 Lakhs per year
East India Technologies	₹2.4 Lakhs to ₹3.5 Lakhs per year
ALKRAFT THERMOTECHNOLOGIES	₹2.0 Lakhs to ₹3.1 Lakhs per year

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

What is the salary of a R&D Engineer in companies similar to Veritek Engineering in India?

The salary of a R&D Engineer at companies similar to Veritek Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pyrotech Electronics

₹1.4 Lakhs to ₹2.2 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 R&D Engineer at Veritek Engineering in India?

The salary growth for a R&D Engineer at Veritek Engineering depends on factors such as experience, performance, and promotions. On average, a R&D Engineer can expect the following growth trajectory at Veritek Engineering:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.8 Lakhs to ₹1.9 Lakhs per year
3 years	₹1.9 Lakhs to ₹3.6 Lakhs per year
4 years	₹0.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Veritek Engineering R&D Engineer Salaries

Veritek Engineering R&D Engineer salary in India ranges between ₹1.8 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Veritek Engineering latest salaries received from various employees of Veritek Engineering.

Veritek Engineering R&D Engineer salaries in India