Volvo Senior Hardware Engineer Salaries by 5 Employees (Updated 2024)

4 - 7 years exp.

₹16 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

62% more than the average Senior Hardware Engineer Salary in Automobile Companies for 4 - 7 years of experience

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Last Updated: 27 Nov 2024

Companies similar to Volvo for Senior Hardware Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Senior Hardware Engineer Salary 4 - 9 years exp. (7 salaries)	₹7.8 L/yr - ₹11 L/yr 50% less
Bosch Senior Hardware Engineer Salary 3 - 8 years exp. (17 salaries)	₹7 L/yr - ₹15.5 L/yr 41% less
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ABB Group Senior Hardware Engineer Salary 12 - 15 years exp. (3 salaries)	₹11 L/yr - ₹12.4 L/yr 39% less
Cummins Senior Hardware Engineer Salary 6 - 8 years exp. (4 salaries)	₹9 L/yr - ₹15.5 L/yr 34% less
Bosch Global Software Technologies Senior Hardware Engineer Salary 2 - 8 years exp. (149 salaries)	₹5.2 L/yr - ₹18.5 L/yr 42% less

Senior Hardware Engineer salary at Volvo ranges between ₹16 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Volvo.

Experience wise Volvo Senior Hardware Engineer salaries

Last Updated: 27 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	₹16 L/yr - ₹20 L/yr
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6 years (AmbitionBox Estimate)	₹8 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹22 L/yr

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Top skills at Volvo for Senior Hardware Engineer

Automotive Product Development Power Electronics

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

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

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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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 Senior Hardware Engineer Salary FAQs

What is the salary of Senior Hardware Engineer at Volvo?

Senior Hardware Engineer salary at Volvo in India ranges between ₹16.0 Lakhs to ₹22.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 62% more than the average Senior Hardware Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Volvo India.

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

The average salary of a Senior Hardware Engineer at Volvo is 62% more than the average salary of a Senior Hardware Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Hardware Engineer at Volvo?

Automotive, Product Development and Power Electronics are some of the popular skills required to work as a Senior Hardware Engineer at Volvo India.

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

Cummins Senior Hardware Engineer Salary - ₹9.0 Lakhs to ₹15.5 Lakhs per year
ABB Group Senior Hardware Engineer Salary - ₹11.0 Lakhs to ₹12.4 Lakhs per year
Bosch Senior Hardware Engineer Salary - ₹7.0 Lakhs to ₹15.5 Lakhs per year
Bosch Global Software Technologies Senior Hardware Engineer Salary - ₹5.2 Lakhs to ₹18.5 Lakhs per year
Larsen & Toubro Limited Senior Hardware Engineer Salary - ₹7.8 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Senior Hardware Engineer at Volvo ranges between ₹1,27,586 per month to ₹1,31,853 per month in India. The take-home salary calculation is based on the average Volvo Senior Hardware Engineer salary in India which ranges between ₹16.0 Lakhs to ₹22.0 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 Engineer at Volvo?

According to AmbitionBox, 100% of the Volvo Senior Hardware Engineers reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Volvo Senior Hardware Engineer Salaries

Volvo Senior Hardware Engineer salary in India ranges between ₹16 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Volvo latest salaries received from various employees of Volvo.