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Wadhokar new Product Development Engineer salaries in Pune

Annual salary range
0 - 3 years exp.
₹1.5 Lakh - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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43% less than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Research & Development
new Product Development Engineer Salary
0 - 3 years exp. (18 salaries)
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₹1.5 L/yr - ₹3.6 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.3 L/yr

Quality Assurance
new Product Development Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Wadhokar for new Product Development Engineer in Pune

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Wadhokar new Product Development Engineer Salary

0 - 3 years exp. (23 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹5.2 L/yr

arrow icon 46% more
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 56% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 59% more
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₹2.8 L/yr - ₹6.1 L/yr

arrow icon 77% more
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₹11 L/yr - ₹14 L/yr

arrow icon 360% more
new Product Development Engineer salary at Wadhokar ranges between ₹1.5 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 23 latest salaries received from various employees of Wadhokar.

Experience wise Wadhokar new Product Development Engineer salaries in Pune

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.7 L/yr
1 year  (6 salaries)

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₹1.5 L/yr - ₹2.8 L/yr
2 years  (11 salaries)

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₹2 L/yr - ₹3.4 L/yr
3 years  (5 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

Similar Designation salaries in Wadhokar

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₹1.75 L/yr - ₹3.5 L/yr
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₹3 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹6.25 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
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₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Wadhokar

3.0

Rated by 2 employees for salary & benefits

Quality Assurance Department

4.0
  •  posted on 06 Apr 2018

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

read more

Procurement & Supply Chain Department

1.0
  •  posted on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

good for learning new skills and overall experience

Dislikes

not good for a career and not any benefits provided by the company - no canteen and bus facility available and most important HR is very rude and worst

read more
  • Salary - Bad
  • +6 more

Quality Assurance Department

3.0
  •  posted on 09 Dec 2021

1.0
 for  Salary and Benefits

Likes

You are not restricted to your job responsibilities only. You can visit and participate in other departmental and other line works voluntarily.

read more
  • Job security - Good

Dislikes

Slow in decission making. Management is not transparent. No traning conducted for employees.

  • Salary - Bad
  • +3 more

Quality Inspection Department

5.0
  •  posted on 20 Apr 2022

5.0
 for  Salary and Benefits

Likes

I had job in KP Reliable Manseshwar Gurgav . I saw a smart work in this company and all about knowing about management system whose I like very much.

read more
  • Salary - Excellent
  • +6 more

Dislikes

I dislike one thing in this company whose for all worker no any good system of medical.

Development for sheet metal Department

5.0
  •  posted on 19 Apr 2022

3.0
 for  Salary and Benefits

Likes

Yes sir, wadhokar group is very big group. Good work environment and culture teammates are very supportive and management. I am work in wadhokar group very much interested.

read more
  • Skill development - Good
  • +2 more

Dislikes

Work at wadhokar group very much like but there is a lot of politics and management doesn't address our problems. Ex- friends relecation ship.

read more
  • Job security - Poor
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Wadhokar new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Wadhokar in Pune?
The average salary of a new Product Development Engineer at Wadhokar in Pune typically ranges from ₹1.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of new Product Development Engineer in Pune at Wadhokar earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. new Product Development Engineer Salaries at Wadhokar 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 20+ Wadhokar employees in India.
What is the estimated take home salary of a new Product Development Engineer at Wadhokar in Pune?
The estimated take-home salary of a new Product Development Engineer at Wadhokar in Pune typically ranges from ₹17,005 to ₹18,713 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 3 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 20+ salaries received from various employees of Wadhokar. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Wadhokar for new Product Development Engineer in India?
TE Connectivity ₹11.0 Lakhs to ₹14.0 Lakhs per year
UNO Minda ₹2.8 Lakhs to ₹6.1 Lakhs per year
Varroc Group ₹2.4 Lakhs to ₹6.0 Lakhs per year
Belrise Industries ₹2.2 Lakhs to ₹5.4 Lakhs per year
Tata Motors ₹3.0 Lakhs to ₹5.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Wadhokar, depending on the role and experience level.
How the salary growth look like for a new Product Development Engineer at Wadhokar in Pune?
The salary growth for a new Product Development Engineer at Wadhokar in Pune depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Pune can expect the following growth trajectory at Wadhokar:

Experience Average Salary Range
Fresher ₹1.3 Lakhs to ₹1.7 Lakhs per year
1 year ₹1.5 Lakhs to ₹2.8 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.4 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.6 Lakhs per year
and so on.

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Wadhokar new Product Development Engineer salary in Pune ranges between ₹1.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 Wadhokar latest salaries received from various employees of Wadhokar.