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Wafer Space Asic Design Verification Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹3.5 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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20% less than the average Asic Design Verification Engineer Salary in Semiconductors Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development
Asic Design Verification Engineer Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹10 L/yr

Engineering - Software & QA
Asic Design Verification Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Wafer Space for Asic Design Verification Engineer

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹8 L/yr

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₹3.6 L/yr - ₹17 L/yr

arrow icon 34% more
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₹1.2 L/yr - ₹3 L/yr

arrow icon 72% less
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₹10 L/yr - ₹14 L/yr

arrow icon 56% more
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₹4 L/yr - ₹10.9 L/yr

arrow icon 18% less
Asic Design Verification Engineer salary at Wafer Space ranges between ₹3.5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Wafer Space.

Latest annual salaries shared by Wafer Space Asic Design Verification Engineer

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4 years exp.
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3 years exp.
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Experience wise Wafer Space Asic Design Verification Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr

Similar Designation salaries in Wafer Space

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₹7 L/yr - ₹23.5 L/yr
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₹9.35 L/yr - ₹24.67 L/yr
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₹15 L/yr - ₹27 L/yr
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₹4 L/yr - ₹14.74 L/yr
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₹3.5 L/yr - ₹6.62 L/yr
DFT Engineer Salary
(4 salaries)
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₹10 L/yr - ₹20 L/yr
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₹8 L/yr - ₹11.8 L/yr
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₹3.6 L/yr - ₹6.3 L/yr
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₹4.3 L/yr - ₹38 L/yr
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₹4.8 L/yr - ₹8.2 L/yr

Salary related reviews for Wafer Space

Full Time

 · 

Engineering - Hardware & Networks Department

1.0
  •  posted on 29 Mar 2024

1.0
 for  Salary and Benefits

Likes

Campus and Junior HR were good No strict timings were there

Dislikes

🔸Very few leads, managers and directors have sound knowledge in VLSI/Semicon industry. 🔸 Clients cancelled multiple projects due to lack of skilled candidates. 🔸The positive reviews are posted by management and HRs only. 🔸No job security 🔸No training or guidance given before sending to client, I had seen many 1-3 year experienced people been send to client without even training them. 🔸ACL is not officially considering both staffs as ACL, a discrimination is there between regular ACL and Waferspace employees.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 25 Sep 2024

5.0
 for  Salary and Benefits

Likes

I liked the work culture and every one are to good to the company and manager was to supportive

  • Salary - Excellent
  • +6 more

Dislikes

Sometimes management not see the strength of employees and not achive on time only they see for engineers not the support team

read more

Full Time

 · 

Engineering - Hardware & Networks Department

1.0
  •  posted on 29 Mar 2024

2.0
 for  Salary and Benefits

Likes

I worked as a lead in waferspace semiconductor domain for a month and left due to poor management. They have very few project's and there is no good manager or lead present in domains like verification, RTL & DFT. No proper training or guidance will be given to the new hires. I had a word with few new hires and trained employees, but no one were able to explain the flow or concepts. Client side reputation is bad, along with me couple of managers and leads left due to poor management. Not a good place for long term career.

read more

Dislikes

Poor Management Bad Client Reputation Don't know about appraisal (only 1 month) Managers and Directors don't have skills or knowledge to bring clients

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Hardware & Networks Department

5.0
  •  posted on 06 Feb 2023

5.0
 for  Salary and Benefits

Likes

Company is good in all aspects. Job security wise it is very good. One can compare the company that they have not fired any of their employees who were on bench for more than a year during covid time.

read more
  • Salary - Excellent
  • +6 more

Dislikes

You have to work at client location for major projects.

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 29 Mar 2024

2.0
 for  Salary and Benefits

Likes

Only thing which I liked was, it was acquired by Alten and the campus was good.

Dislikes

- There is not even a single manager or directors in semiconductor domain with proper knowledge - Poor client reputation due to unskilled resources, some clients complaint from past 2 years - No projects or skill improvement traning

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Wafer Space Asic Design Verification Engineer Salary FAQs

What is the salary of Asic Design Verification Engineer at Wafer Space ?
The average salary of a Asic Design Verification Engineer at Wafer Space in India typically ranges from ₹3.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Asic Design Verification Engineer at Wafer Space earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Asic Design Verification Engineer Salaries at Wafer Space 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 5 Wafer Space employees in India.
What is the estimated take home salary of a Asic Design Verification Engineer at Wafer Space in India?
The estimated take-home salary of a Asic Design Verification Engineer at Wafer Space in India typically ranges from ₹55,706 to ₹57,101 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of Wafer Space. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Wafer Space for Asic Design Verification Engineer in India?
GLOBALFOUNDRIES ₹10.0 Lakhs to ₹14.0 Lakhs per year
Synapse Design ₹3.6 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Wafer Space, depending on the role and experience level.
What is the salary of a Asic Design Verification Engineer in companies similar to Wafer Space in India?
The salary of a Asic Design Verification Engineer at companies similar to Wafer Space in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mirafra Technologies ₹3.5 Lakhs to ₹8.0 Lakhs per year
Wipro ₹4.0 Lakhs to ₹10.9 Lakhs per year
AdeptChip Services ₹1.2 Lakhs to ₹3.0 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 Asic Design Verification Engineer at Wafer Space in India?
The salary growth for a Asic Design Verification Engineer at Wafer Space depends on factors such as experience, performance, and promotions. On average, a Asic Design Verification Engineer can expect the following growth trajectory at Wafer Space:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
3 years ₹7.9 Lakhs to ₹10.2 Lakhs per year
4 years ₹10.5 Lakhs to ₹13.4 Lakhs per year
and so on.

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Wafer Space Asic Design Verification Engineer salary in India ranges between ₹3.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Wafer Space latest salaries received from various employees of Wafer Space.