Volvo Hardware Engineer Salaries by 8 Employees

0 - 7 years exp.

₹14 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

87% more than the average Hardware Engineer Salary in Automobile Companies for 0 - 7 years of experience

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Last Updated: 14 Jun 2023

Companies similar to Volvo for Hardware Engineer

Company name	Avg Annual Salary	Open Jobs
CNH Industrial Hardware Engineer Salary 6 - 12 years exp. (7 salaries)	₹12 L/yr - ₹16.3 L/yr 6% less
Volvo Trucks Hardware Engineer Salary 0 - 4 years exp. (4 salaries)	₹10 L/yr - ₹11 L/yr 27% less
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Ola Electric Mobility Hardware Engineer Salary 0 - 4 years exp. (3 salaries)	₹5 L/yr - ₹16.3 L/yr 38% less
Bosch Global Software Technologies Hardware Engineer Salary 1 - 5 years exp. (123 salaries)	₹3.5 L/yr - ₹13 L/yr 47% less
Valeo Hardware Engineer Salary 2 - 7 years exp. (128 salaries)	₹5.4 L/yr - ₹13.8 L/yr 29% less

Hardware Engineer salary at Volvo ranges between ₹14 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Volvo.

Experience wise Volvo Hardware Engineer salaries

Last Updated: 14 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
1 year (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
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2 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
4 years (AmbitionBox Estimate)	₹14 L/yr - ₹25.5 L/yr
5 years (3 salaries)	₹5.7 L/yr - ₹15.5 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15.3 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹15.3 L/yr

View all

Similar Designation salaries in Volvo

Senior Engineer Salary

(65 salaries)

₹6.18 L/yr - ₹26.8 L/yr

Lead Engineer Salary

(31 salaries)

₹13.25 L/yr - ₹34.35 L/yr

Project Engineer Salary

(5 salaries)

₹2.8 L/yr - ₹9.86 L/yr

Junior Engineer Salary

(3 salaries)

₹2 L/yr - ₹4.2 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Design Engineer Salary

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₹4.5 L/yr - ₹15.2 L/yr

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₹5 L/yr - ₹16 L/yr

Mechanical Engineer Salary

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₹3.96 L/yr - ₹15.95 L/yr

Senior Software Engineer Salary

(127 salaries)

₹10.79 L/yr - ₹36.7 L/yr

Lead Design Engineer Salary

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₹6 L/yr - ₹9.3 L/yr

Top skills at Volvo for Hardware Engineer

Hardware Engineering Automotive Sensors Product Development DFMEA Power Management Component Development HMI Electronics

Salary related reviews for Volvo

4.2

Rated by 2 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Less work pressure No much work

Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

Salary - Poor

+5 more

Quality Checker in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

Work satisfaction - Good

+1 more

Dislikes

Contractual job is not a future and salary is just ok

Skill development - Poor

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 27 Oct 2023

1.0

for Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

Job security - Excellent

+1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

Salary - Bad

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

4.0

• posted on 08 May 2021

3.0

for Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

Skill development - Good

+1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

AGM (Group Manager) - Chassis in Bangalore / Bengaluru

Full Time

Research & Development Department

5.0

• posted on 17 Dec 2024

4.0

for Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

Salary - Good

+6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Volvo Hardware Engineer Salary FAQs

What is the salary of Hardware Engineer at Volvo ?

The average salary of a Hardware Engineer at Volvo in India typically ranges from ₹14.0 Lakhs to ₹15.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Hardware Engineer at Volvo earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Hardware Engineer Salaries at Volvo 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 8 Volvo employees in India.

What is the estimated take home salary of a Hardware Engineer at Volvo in India?

The estimated take-home salary of a Hardware Engineer at Volvo in India typically ranges from ₹98,303 to ₹1,00,970 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 8 salaries received from various employees of Volvo. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Hardware Engineer at Volvo ?

To be a Hardware Engineer at Volvo in india, the key skills required include:

- Hardware Engineering
- Automotive
- Sensors
- Product Development
- DFMEA

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

What is the salary of a Hardware Engineer in companies similar to Volvo in India?

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

CNH Industrial	₹12.0 Lakhs to ₹16.3 Lakhs per year
Volvo Trucks	₹10.0 Lakhs to ₹11.0 Lakhs per year
Valeo	₹5.4 Lakhs to ₹13.8 Lakhs per year
Ola Electric Mobility	₹5.0 Lakhs to ₹16.3 Lakhs per year
Bosch Global Software Technologies	₹3.5 Lakhs to ₹13.0 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 Hardware Engineer at Volvo in India?

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

Experience	Average Salary Range
Fresher	₹5.4 Lakhs to ₹14.0 Lakhs per year
1 year	₹12.3 Lakhs to ₹15.7 Lakhs per year
2 years	₹12.5 Lakhs to ₹15.9 Lakhs per year
3 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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Volvo Hardware Engineer Salaries

Volvo Hardware Engineer salary in India ranges between ₹14 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Volvo latest salaries received from various employees of Volvo.