ZF Friedrichshafen new Product Development Engineer Salaries by 3 Employees

7 - 9 years exp.

₹14 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

293% more than the average new Product Development Engineer Salary in Auto Components Companies for 7 - 9 years of experience

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Last Updated: 12 Apr 2024

Companies similar to ZF Friedrichshafen for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (16 salaries)	₹2.2 L/yr - ₹6.6 L/yr 74% less
Sansera Engineering new Product Development Engineer Salary 1 - 5 years exp. (12 salaries)	₹3.8 L/yr - ₹5.5 L/yr 73% less
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Brakes India new Product Development Engineer Salary 1 - 14 years exp. (11 salaries)	₹1.5 L/yr - ₹8.8 L/yr 69% less
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 59% less
Tenneco new Product Development Engineer Salary 1 - 8 years exp. (6 salaries)	₹2.1 L/yr - ₹8 L/yr 72% less
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 80% less
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr 80% less
Magna International new Product Development Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.2 L/yr 77% less
Valeo new Product Development Engineer Salary 3 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹10.5 L/yr 57% less
Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 76% less
Multitech Auto new Product Development Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr 75% less
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Amara Raja Group new Product Development Engineer Salary 0 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 78% less

new Product Development Engineer salary at ZF Friedrichshafen ranges between ₹14 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of ZF Friedrichshafen.

Experience wise ZF Friedrichshafen new Product Development Engineer salaries

Last Updated: 12 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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9 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in ZF Friedrichshafen

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Salary related reviews for ZF Friedrichshafen

SAP Abap Consultant in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

1.0

• posted on 13 Nov 2024

1.0

for Salary and Benefits

Likes

Office infrastructure On time salary Management keep crying for budget cut Wasting money on old hardwares

Dislikes

Poor Management Safety on risk for women HR are pathetic never help No worklife balance POSH act on paper not in reality No skills growth, demotivating management from germany

Salary - Bad

+6 more

Senior Consultant Specialist in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 22 Dec 2024

4.0

for Salary and Benefits

Likes

Work life balance is good. Salary also ok.

Salary - Good

+3 more

Dislikes

Company is in startup mindset. No proper process and too long time required for procurement. No appreciation or award for the good job done. Management will put unnecessary pressure to work for not available documented process. That is like without having equipment/material, company expect to finish work faster.

Trainee in Ambattur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

This is good company. Work wise ok. And most important one really canteen food supper ,and canteen amount is very affordable price manager and co workers all are move to friendly. Safety ok girls cab facility spr. Really still missed this company because vert comfort zone .

Salary - Good

+4 more

Dislikes

...nee. Any one miss use attendance if everyone punishment so this is I don't like. Neem to company trainee change time salary is not given this one o don't like

Job security - Poor

+1 more

Lead Software Developer - Innovation COE - AI ML IoT GenAI in Pune

Full Time

Data Science & Analytics Department

3.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

Overal Good company not best. just ok ok. only life going, no pick in life, no motivation.

Dislikes

Slow organization interms of new learning, appraisal, promotion, Less Annual Hike, Salary is average as per market standard.

Promotions - Poor

Commodity Buyer (GET) in Chennai

Procurement & Supply Chain Department

1.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

Nothing is good about it, it pays less, demands u to work 24/7, company culture is archaic. It was my biggest mistake to join it. HR are pawns of managers and nvr sloves employees problem.

Dislikes

Literally everything. The entire hierarchy of management is insane. Will make u work 24/7 with no appreciation and good pay. Managers keep yelling at thr subordinate, they don't know how yo manage people. Human Rights Violation is prevalent across thr Ambattur plant.

Salary - Poor

+5 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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ZF Friedrichshafen new Product Development Engineer Salary FAQs

How the salary growth look like for a new Product Development Engineer at ZF Friedrichshafen in India?

The salary growth for a new Product Development Engineer at ZF Friedrichshafen depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at ZF Friedrichshafen:

Experience	Average Salary Range
7 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
8 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
9 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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ZF Friedrichshafen new Product Development Engineer Salaries

ZF Friedrichshafen new Product Development Engineer salary in India ranges between ₹14 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ZF Friedrichshafen latest salaries received from various employees of ZF Friedrichshafen.