Astec Valves Fittings Mumbai Design Engineer Salaries by 8 Employees

Last Updated: 2 Oct 2023

Companies similar to Astec Valves Fittings for Design Engineer in Mumbai

Astec Valves Fittings Design Engineer Salary

0 - 4 years exp. (8 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Technosoft Engineering Projects Limited Design Engineer Salary 1 - 8 years exp. (123 salaries)	₹2.5 L/yr - ₹9 L/yr 37% more	9 job openings
Jacobs Engineering Group Design Engineer Salary 2 - 11 years exp. (85 salaries)	₹4.1 L/yr - ₹15 L/yr 146% more
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Larsen & Toubro Limited Design Engineer Salary 1 - 8 years exp. (81 salaries)	₹1.8 L/yr - ₹9.2 L/yr 36% more	7 job openings
Selec Controls Design Engineer Salary 0 - 5 years exp. (63 salaries)	₹2.4 L/yr - ₹9.8 L/yr 38% more
Worley Design Engineer Salary 3 - 11 years exp. (62 salaries)	₹5 L/yr - ₹16.5 L/yr 142% more

Design Engineer salary at Astec Valves Fittings ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Astec Valves Fittings.

Experience wise Astec Valves Fittings Design Engineer salaries in Mumbai

Last Updated: 2 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
3 years (3 salaries)	₹3.3 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 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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Astec Valves Fittings Design Engineer Salary FAQs

What is the salary of Design Engineer at Astec Valves Fittings in Mumbai?

The average salary of a Design Engineer at Astec Valves Fittings in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Design Engineer in Mumbai at Astec Valves Fittings earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Design Engineer Salaries at Astec Valves Fittings 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 8 Astec Valves Fittings employees in India.

What is the estimated take home salary of a Design Engineer at Astec Valves Fittings in Mumbai?

The estimated take-home salary of a Design Engineer at Astec Valves Fittings in Mumbai typically ranges from ₹30,985 to ₹32,284 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher 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 8 salaries received from various employees of Astec Valves Fittings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Astec Valves Fittings for Design Engineer in India?

Jacobs Engineering Group	₹4.1 Lakhs to ₹15.0 Lakhs per year
Worley	₹5.0 Lakhs to ₹16.5 Lakhs per year
Selec Controls	₹2.4 Lakhs to ₹9.8 Lakhs per year
Technosoft Engineering Projects Limited	₹2.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited	₹1.8 Lakhs to ₹9.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Astec Valves Fittings, depending on the role and experience level.

How the salary growth look like for a Design Engineer at Astec Valves Fittings in Mumbai?

The salary growth for a Design Engineer at Astec Valves Fittings in Mumbai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Mumbai can expect the following growth trajectory at Astec Valves Fittings:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹3.6 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years	₹3.3 Lakhs to ₹8.5 Lakhs per year

and so on.

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Astec Valves Fittings Design Engineer Salaries in Mumbai

Astec Valves Fittings Design Engineer salary in Mumbai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Astec Valves Fittings latest salaries received from various employees of Astec Valves Fittings.