Versa Drives Senior Design Engineer Salaries by 4 Employees

8 - 14 years exp.

₹6 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Senior Design Engineer Salary in Electronics Manufacturing Companies for 8 - 14 years of experience

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Last Updated: 16 Oct 2024

Companies similar to Versa Drives for Senior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Senior Design Engineer Salary 2 - 6 years exp. (6 salaries)	₹3.6 L/yr - ₹7 L/yr 22% less
Mahindra & Mahindra Senior Design Engineer Salary 5 - 10 years exp. (197 salaries)	₹5.2 L/yr - ₹18.5 L/yr 64% more
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Tata Motors Senior Design Engineer Salary 2 - 9 years exp. (141 salaries)	₹5.5 L/yr - ₹14.8 L/yr 53% more
Ashok Leyland Senior Design Engineer Salary 0 - 10 years exp. (16 salaries)	₹3.6 L/yr - ₹7.5 L/yr At par
Bosch Senior Design Engineer Salary 3 - 8 years exp. (50 salaries)	₹3.8 L/yr - ₹14.5 L/yr 39% more
Siemens Senior Design Engineer Salary 5 - 10 years exp. (66 salaries)	₹6 L/yr - ₹15 L/yr 61% more
Honeywell Automation Senior Design Engineer Salary 5 - 15 years exp. (34 salaries)	₹6 L/yr - ₹20 L/yr 92% more
ABB Senior Design Engineer Salary 5 - 14 years exp. (55 salaries)	₹6 L/yr - ₹17 L/yr 75% more
Schneider Electric Senior Design Engineer Salary 3 - 10 years exp. (239 salaries)	₹6.2 L/yr - ₹26.5 L/yr 140% more	15 job openings
Kirloskar Electric Company Senior Design Engineer Salary 7 - 10 years exp. (4 salaries)	₹4.6 L/yr - ₹8 L/yr 4% less
Pyrotech Electronics Senior Design Engineer Salary 2 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 45% less
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Essae Digitronics Senior Design Engineer Salary 5 - 7 years exp. (5 salaries)	₹4 L/yr - ₹7.1 L/yr 11% less
Johnson Electric Senior Design Engineer Salary 6 - 9 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr 42% more
Signals & Systems (India) Private Limited Senior Design Engineer Salary 0 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 13% less
Svm Senior Design Engineer Salary 7 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹4.5 L/yr 34% less
Yaskawa India Senior Design Engineer Salary 7 - 10 years exp. (5 salaries)	₹5 L/yr - ₹9.1 L/yr 8% more
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La-Gajjar Machineries Senior Design Engineer Salary 14 - 16 years exp. (3 salaries)	₹4.1 L/yr - ₹7 L/yr 22% less

Senior Design Engineer salary at Versa Drives ranges between ₹6 Lakhs to ₹7.1 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Versa Drives.

Experience wise Versa Drives Senior Design Engineer salaries

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr
9 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.1 L/yr
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10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.4 L/yr

View all

Similar Designation salaries in Versa Drives

Senior Engineer Salary

(3 salaries)

₹1 L/yr - ₹5.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Versa Drives

Sales Executive in Coimbatore

Full Time

Sales & Business Development Department

5.0

• posted on 14 Sep 2024

5.0

for Salary and Benefits

Likes

As per my opinion Versa Drive is very good company they are continuously doing new invention. They will benefited there customer by saving money in their electricity bill. You can make implementation of your idia over here. You get a great support from company. Timely Payment of employees is another good thing for employees they can feel goodness of this thing. The company is focused on eco-friendly products which will help to make invirment good and many more good things about Versa Drives.

Salary - Excellent

+6 more

Dislikes

I found nothing which I will dislike

Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 14 Sep 2024

2.0

for Salary and Benefits

Likes

The environment and its natural maintanence. Peers are kind and friendly. Management is polite and friendly.

Dislikes

-Strict working hours 9am -6pm. -N -No work life balance -All Saturdays working day -Even some holidays are compensated with the forth coming sundays -No paid medical leave benefits during emergency situations

Salary - Poor

+2 more

Showroom Incharge in Coimbatore

Full Time

Sales & Business Development Department

5.0

• posted on 14 Sep 2024

4.0

for Salary and Benefits

Likes

Here the company and the management is so kindly.They helping employee to became knowledgeable.They asking more comment from Employee and executing the Same.Be patiently management Teaching with Excellent ideas. Management Understanding the Employees needs and they helping us.

Salary - Good

+6 more

Dislikes

Need to more focus on our brands giving good output

Front End Developer in Coimbatore

Full Time

Engineering - Software & QA Department

5.0

• posted on 14 Sep 2024

5.0

for Salary and Benefits

Likes

Thanks to giving great opportunity to drive in VDPL family in my life. Thank alots more. I didn't forget this in my life. Always positive attitude and encouragement, I feel really so happy to working with versa drives till now. Friends don't miss the opportunity.....

Salary - Excellent

+6 more

Dislikes

Nil

Technical Content Writer in Coimbatore

Design and Development Department

5.0

• posted on 09 Jun 2022

4.0

for Salary and Benefits

Likes

The company has a work culture where the employees emotions are valued. Besides having an environment where people work amicable through innovation and design, their personal requirements are also considered. Employees have a job security and hence can function without any insecurities or fear of suddenly losing their job without prior notice. Management is friendly rather than being bossy. Due to this, we as employees have the freedom to communicate regarding any issues or discomfort we experience. The company policies are also good and favorable to employees.

Salary - Good

+6 more

Dislikes

The only drawback could be that there is no proper means for travel to the company in case you do not have your personal vehicle.

see more salary related reviews

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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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Versa Drives Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Versa Drives?

Senior Design Engineer salary at Versa Drives in India ranges between ₹6.0 Lakhs to ₹7.1 Lakhs for experience between 8 years to 14 years. According to our estimates it is 29% less than the average Senior Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Versa Drives India.

How does the salary of a Senior Design Engineer at Versa Drives India compare with the average salary range for this job?

The average salary of a Senior Design Engineer at Versa Drives is 29% less than the average salary of a Senior Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Versa Drives to a Senior Design Engineer in India?

Schneider Electric Senior Design Engineer Salary - ₹6.2 Lakhs to ₹26.5 Lakhs per year
Honeywell Automation Senior Design Engineer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
ABB Senior Design Engineer Salary - ₹6.0 Lakhs to ₹17.0 Lakhs per year
Mahindra & Mahindra Senior Design Engineer Salary - ₹5.2 Lakhs to ₹18.5 Lakhs per year
Siemens Senior Design Engineer Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Senior Design Engineer in companies similar to Versa Drives in India?

Tata Motors Senior Design Engineer Salary - ₹5.5 Lakhs to ₹14.8 Lakhs per year
Johnson Electric Senior Design Engineer Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
Bosch Senior Design Engineer Salary - ₹3.8 Lakhs to ₹14.5 Lakhs per year
Yaskawa India Senior Design Engineer Salary - ₹5.0 Lakhs to ₹9.1 Lakhs per year
Ashok Leyland Senior Design Engineer Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Senior Design Engineer at Versa Drives in India?

The estimated take-home salary of a Senior Design Engineer at Versa Drives ranges between ₹49,092 per month to ₹50,252 per month in India. The take-home salary calculation is based on the average Versa Drives Senior Design Engineer salary in India which ranges between ₹6.0 Lakhs to ₹7.1 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Senior Design Engineer at Versa Drives?

According to AmbitionBox, 50% of the Versa Drives Senior Design Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Versa Drives Senior Design Engineer Salaries

Versa Drives Senior Design Engineer salary in India ranges between ₹6 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Versa Drives latest salaries received from various employees of Versa Drives.