Volvo Senior Hardware Design Engineer Salaries by 6 Employees (Updated 2025)

4 - 7 years exp.

₹5.5 Lakhs - ₹18.4 Lakhs

Low Confidence

Salary of majority employees

At par with the average Senior Hardware Design Engineer Salary in Automobile Companies for 4 - 7 years of experience

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Last Updated: 24 Apr 2023

Companies similar to Volvo for Senior Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Global Software Technologies Senior Hardware Design Engineer Salary 1 - 9 years exp. (80 salaries)	₹6.5 L/yr - ₹16.5 L/yr 4% less
VVDN Technologies Senior Hardware Design Engineer Salary 3 - 5 years exp. (73 salaries)	₹5.9 L/yr - ₹12 L/yr 31% less
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Mistral Solutions Senior Hardware Design Engineer Salary 2 - 4 years exp. (60 salaries)	₹5.6 L/yr - ₹14 L/yr 23% less
L&T Technology Services Senior Hardware Design Engineer Salary 4 - 8 years exp. (55 salaries)	₹5.5 L/yr - ₹12.5 L/yr 34% less
Valeo Senior Hardware Design Engineer Salary 5 - 11 years exp. (40 salaries)	₹9.5 L/yr - ₹19.6 L/yr 17% more

Senior Hardware Design Engineer salary at Volvo ranges between ₹5.5 Lakhs to ₹18.4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Volvo.

Experience wise Volvo Senior Hardware Design Engineer salaries

Last Updated: 24 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
5 years (3 salaries)	₹5.5 L/yr - ₹18.4 L/yr
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6 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹20.5 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

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 senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Volvo Senior Hardware Design Engineer Salary FAQs

What is the salary of Senior Hardware Design Engineer at Volvo?

Senior Hardware Design Engineer salary at Volvo in India ranges between ₹5.5 Lakhs to ₹18.4 Lakhs for experience between 4 years to 7 years. According to our estimates it is 4% more than the average Senior Hardware Design Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Volvo India.

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

The average salary of a Senior Hardware Design Engineer at Volvo is 4% more than the average salary of a Senior Hardware Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Volvo to a Senior Hardware Design Engineer in India?

Valeo Senior Hardware Design Engineer Salary - ₹9.5 Lakhs to ₹19.6 Lakhs per year

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

Bosch Global Software Technologies Senior Hardware Design Engineer Salary - ₹6.5 Lakhs to ₹16.5 Lakhs per year
Mistral Solutions Senior Hardware Design Engineer Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
VVDN Technologies Senior Hardware Design Engineer Salary - ₹5.9 Lakhs to ₹12.0 Lakhs per year
L&T Technology Services Senior Hardware Design Engineer Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Senior Hardware Design Engineer at Volvo ranges between ₹87,069 per month to ₹89,352 per month in India. The take-home salary calculation is based on the average Volvo Senior Hardware Design Engineer salary in India which ranges between ₹5.5 Lakhs to ₹18.4 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Hardware Design Engineer at Volvo?

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

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Volvo Senior Hardware Design Engineer Salaries

Volvo Senior Hardware Design Engineer salary in India ranges between ₹5.5 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Volvo latest salaries received from various employees of Volvo.