Armtec Engineering Design & Production Engineer Salaries by 3 Employees

3 - 5 years exp.

₹3.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% more than the average Design & Production Engineer Salary for 3 - 5 years of experience

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Last Updated: 28 Mar 2023

Companies similar to Armtec Engineering for Design & Production Engineer

Company name	Avg Annual Salary	Open Jobs
Husky Injection Molding Systems Design & Production Engineer Salary 2 - 7 years exp. (7 salaries)	₹4.7 L/yr - ₹8.6 L/yr 52% more
Allen Reinforced Plastics Design & Production Engineer Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.6 L/yr 8% less
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Swan Enterprises Design & Production Engineer Salary 3 - 5 years exp. (5 salaries)	₹3.3 L/yr - ₹7 L/yr 19% more
Morex Industrial Corporation Design & Production Engineer Salary 4 - 9 years exp. (5 salaries)	₹2.7 L/yr - ₹3.5 L/yr 28% less
National Pneumatic Systems Design & Production Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 38% less

Design & Production Engineer salary at Armtec Engineering ranges between ₹3.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Armtec Engineering.

Experience wise Armtec Engineering Design & Production Engineer salaries

Last Updated: 28 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

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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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Armtec Engineering Design & Production Engineer Salary FAQs

How the salary growth look like for a Design & Production Engineer at Armtec Engineering in India?

The salary growth for a Design & Production Engineer at Armtec Engineering depends on factors such as experience, performance, and promotions. On average, a Design & Production Engineer can expect the following growth trajectory at Armtec Engineering:

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Armtec Engineering Design & Production Engineer Salaries

Armtec Engineering Design & Production Engineer salary in India ranges between ₹3.1 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Armtec Engineering latest salaries received from various employees of Armtec Engineering.