Volvo Lead Research Engineer Salaries by 4 Employees (Updated 2024)

9 - 11 years exp.

₹19.6 Lakhs - ₹31 Lakhs

Low Confidence

Salary of majority employees

55% more than the average Lead Research Engineer Salary in Automobile Companies for 9 - 11 years of experience

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Last Updated: 14 Nov 2024

Companies similar to Volvo for Lead Research Engineer

Company name	Avg Annual Salary	Open Jobs
Hyundai Mobis Lead Research Engineer Salary 5 - 10 years exp. (191 salaries)	₹10 L/yr - ₹21 L/yr 40% less
Siemens Lead Research Engineer Salary 1 - 11 years exp. (25 salaries)	₹15 L/yr - ₹24.4 L/yr 30% less
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Havells Lead Research Engineer Salary 3 - 10 years exp. (22 salaries)	₹12 L/yr - ₹41.4 L/yr 5% more
Reliance Industries Lead Research Engineer Salary 13 - 17 years exp. (5 salaries)	₹25 L/yr - ₹35.5 L/yr 9% more
Sahajanand Medical Technologies Lead Research Engineer Salary 4 - 6 years exp. (4 salaries)	₹13 L/yr - ₹24 L/yr 38% less

Lead Research Engineer salary at Volvo ranges between ₹19.6 Lakhs to ₹31 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Volvo.

Experience wise Volvo Lead Research Engineer salaries

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.1 L/yr
10 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
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11 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr

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Salary related reviews for Volvo

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

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

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.

Dislikes

Contractual job is not a future and salary is just ok

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.

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.

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.

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

Principal ESW Application Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 01 Oct 2023

4.0

for Salary and Benefits

Likes

Volvo is a ocean of knowledge, skills, process, roles etc. It all goes to the engineer how and which career path he choose. Volvo supports for all. Learning is another aspect which never end at Volvo. I enjoyed and enjoying both my technical leadership activities.

Dislikes

Not pay master but work satisfaction for all kind of roles can be found.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Volvo Lead Research Engineer Salary FAQs

What is the salary of Lead Research Engineer at Volvo?

Lead Research Engineer salary at Volvo in India ranges between ₹19.6 Lakhs to ₹31.0 Lakhs for experience between 9 years to 11 years. According to our estimates it is 55% more than the average Lead Research Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Volvo India.

How does the salary of a Lead Research Engineer at Volvo India compare with the average salary range for this job?

The average salary of a Lead Research Engineer at Volvo is 55% more than the average salary of a Lead Research Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Volvo to a Lead Research Engineer in India?

Reliance Industries Lead Research Engineer Salary - ₹25.0 Lakhs to ₹35.5 Lakhs per year
Havells Lead Research Engineer Salary - ₹12.0 Lakhs to ₹41.4 Lakhs per year

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

Siemens Lead Research Engineer Salary - ₹15.0 Lakhs to ₹24.4 Lakhs per year
Sahajanand Medical Technologies Lead Research Engineer Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Hyundai Mobis Lead Research Engineer Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Lead Research Engineer at Volvo ranges between ₹1,75,205 per month to ₹1,81,991 per month in India. The take-home salary calculation is based on the average Volvo Lead Research Engineer salary in India which ranges between ₹19.6 Lakhs to ₹31.0 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Lead Research Engineer at Volvo?

According to AmbitionBox, 100% of the Volvo Lead Research Engineers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Volvo Lead Research Engineer Salaries

Volvo Lead Research Engineer salary in India ranges between ₹19.6 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Volvo latest salaries received from various employees of Volvo.