Wafer Space Physical Design Engineer 2 Salaries by 4 Employees

3 - 5 years exp.

₹15 Lakhs - ₹21 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% more than the average Physical Design Engineer 2 Salary in Semiconductors Companies for 3 - 5 years of experience

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Last Updated: 24 Aug 2024

Companies similar to Wafer Space for Physical Design Engineer 2

Company name	Avg Annual Salary	Open Jobs
Mirafra Technologies Physical Design Engineer 2 Salary 1 - 4 years exp. (15 salaries)	₹6 L/yr - ₹11 L/yr 42% less
SoCtronics Technologies Physical Design Engineer 2 Salary 2 - 4 years exp. (32 salaries)	₹7 L/yr - ₹25 L/yr 10% less
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Synopsys Physical Design Engineer 2 Salary 3 - 4 years exp. (6 salaries)	₹16 L/yr - ₹23 L/yr 5% more
SignOff Semiconductors Physical Design Engineer 2 Salary 2 - 3 years exp. (5 salaries)	₹7.2 L/yr - ₹18 L/yr 35% less
Capgemini Engineering Physical Design Engineer 2 Salary 2 - 4 years exp. (4 salaries)	₹4.8 L/yr - ₹16.2 L/yr 42% less

Physical Design Engineer 2 salary at Wafer Space ranges between ₹15 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Wafer Space.

Experience wise Wafer Space Physical Design Engineer 2 salaries

Last Updated: 24 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
4 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
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5 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21 L/yr

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Salary related reviews for Wafer Space

Design Manager in Bangalore / Bengaluru

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.

Salary - Bad

+6 more

HR Executive in Bangalore / Bengaluru

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

Design Lead in Bangalore / Bengaluru

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.

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

Salary - Poor

+6 more

Senior Engineer in Pune

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.

Salary - Excellent

+6 more

Dislikes

You have to work at client location for major projects.

Design Engineer in Bangalore / Bengaluru

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

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Wafer Space Physical Design Engineer 2 Salary FAQs

What is the salary of Physical Design Engineer 2 at Wafer Space ?

The average salary of a Physical Design Engineer 2 at Wafer Space in India typically ranges from ₹15.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Physical Design Engineer 2 at Wafer Space earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Physical Design Engineer 2 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 4 Wafer Space employees in India.

What is the estimated take home salary of a Physical Design Engineer 2 at Wafer Space in India?

The estimated take-home salary of a Physical Design Engineer 2 at Wafer Space in India typically ranges from ₹1,11,774 to ₹1,14,876 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 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 Physical Design Engineer 2 in India?

Synopsys

₹16.0 Lakhs to ₹23.0 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 Physical Design Engineer 2 in companies similar to Wafer Space in India?

The salary of a Physical Design Engineer 2 at companies similar to Wafer Space in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SoCtronics Technologies	₹7.0 Lakhs to ₹25.0 Lakhs per year
SignOff Semiconductors	₹7.2 Lakhs to ₹18.0 Lakhs per year
Mirafra Technologies	₹6.0 Lakhs to ₹11.0 Lakhs per year
Capgemini Engineering	₹4.8 Lakhs to ₹16.2 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 Physical Design Engineer 2 at Wafer Space in India?

The salary growth for a Physical Design Engineer 2 at Wafer Space depends on factors such as experience, performance, and promotions. On average, a Physical Design Engineer 2 can expect the following growth trajectory at Wafer Space:

Experience	Average Salary Range
3 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
4 years	₹14.3 Lakhs to ₹18.3 Lakhs per year
5 years	₹16.5 Lakhs to ₹21.0 Lakhs per year

and so on.

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Wafer Space Physical Design Engineer 2 Salaries

Wafer Space Physical Design Engineer 2 salary in India ranges between ₹15 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Wafer Space latest salaries received from various employees of Wafer Space.