Caterpillar Inc Chennai Costing Engineer Salaries by 9 Employees (Updated 2025)

3 - 10 years exp.

₹3 Lakhs - ₹12.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% more than the average Costing Engineer Salary in Industrial Machinery Companies for 3 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Costing Engineer Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹10.7 L/yr
Research & Development Costing Engineer Salary 5 - 10 years exp. (3 salaries)	₹6 L/yr - ₹11.1 L/yr
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Production, Manufacturing & Engineering Costing Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹10.8 L/yr

Last Updated: 19 Jan 2025

Companies similar to Caterpillar Inc for Costing Engineer in Chennai

Caterpillar Inc Costing Engineer Salary

3 - 10 years exp. (9 salaries)

₹3 L/yr - ₹12.7 L/yr

Company name	Avg Annual Salary	Open Jobs
KONE Costing Engineer Salary 3 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹7.1 L/yr 11% less
Caresoft Global Costing Engineer Salary 0 - 6 years exp. (17 salaries)	₹2.1 L/yr - ₹5.8 L/yr 51% less
Login to view exact salary
Renault Nissan Technology & Business Centre India Costing Engineer Salary 3 - 12 years exp. (15 salaries)	₹4.5 L/yr - ₹12 L/yr 6% more
Seoyon E-hwa Automotive Costing Engineer Salary 3 - 11 years exp. (12 salaries)	₹4.1 L/yr - ₹7.5 L/yr 24% less
Sl Lumax Costing Engineer Salary 2 - 6 years exp. (8 salaries)	₹3.6 L/yr - ₹5.1 L/yr 43% less

Costing Engineer salary at Caterpillar Inc ranges between ₹3 Lakhs to ₹12.7 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Caterpillar Inc.

Experience wise Caterpillar Inc Costing Engineer salaries in Chennai

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr

View all

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Lead Engineer Salary

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Junior Engineer Salary

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₹2.08 L/yr - ₹5.15 L/yr

Assistant Engineer Salary

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₹3 L/yr - ₹10.99 L/yr

Electrical Engineer Salary

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Top skills at Caterpillar Inc for Costing Engineer

Cost Reduction Technical Support Procurement Project Management Product Management Manufacturing Process CAD Data Analysis Continuous Improvement Logistics

Salary related reviews for Caterpillar Inc

4.9

Rated by 2 employees for salary & benefits

Assistant Engineer in Kathmandu

Production, Manufacturing & Engineering Department

4.0

• posted on 05 Jun 2021

2.0

for Salary and Benefits

Likes

Teammates are only supportive

Job security - Good

+2 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joiners. Not supportive nature during trouble with customer's and only focus on business, , takes long time to pass TADA bill, In other aspects it is in average

Salary - Poor

+2 more

Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

2.0

• posted on 15 Feb 2025

3.0

for Salary and Benefits

Likes

Salary okay, flexible hours little okay

Job security - Excellent

Dislikes

Very bad culture, 5 days work from office leaves no time for family or doing other activities. Overall skill development is slow because of mostly inside projects. Very backward towards technology usage. And most people are biased towards one part of the India (Tamil).

Skill development - Poor

+3 more

Supply Chain Analyst in Hosur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 05 Feb 2025

2.0

for Salary and Benefits

Likes

Caterpillar is one of the MNC based company ,we have opportunity to learn so many things in production, logistics, supply chain, procurement, purchasing, transportation, safety is the most important to them,

Company culture - Good

Dislikes

Salary didn't not matched with given work, low salary, they are not providing any bonus for diwali, I don't spend time with my friends and family after joining this work because I have too work.

Salary - Poor

+3 more

Embedded Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 21 Aug 2023

4.0

for Salary and Benefits

Likes

Fantastic work-life balance The pay is very good considering that the stress is not as high as most cos at this level Great job security

Salary - Good

+3 more

Dislikes

Might not be motivated to work as hard since there's a lack of growth after a point of time. Initial learning is great but tapers off

Plant Quality Manager in Aurangabad

Full Time

Quality Assurance Department

1.0

• posted on 10 Feb 2023

3.0

for Salary and Benefits

Likes

CAT in Aurangabad offer good pay worth more than the living cost in tier2 city

Dislikes

CAT in Aurangabad is built on an intimidating and daunting culture. No respect to employees and causes disconcerting. Leadership (so called) rely on threatening and slavery approach without any sort of human values Aurangabad is a city with limitations in good education and hospitals. I'd suggest someone who wanted to join this organization to think thrice before making decision

Skill development - Bad

+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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Caterpillar Inc Costing Engineer Salary FAQs

What is the salary of Costing Engineer at Caterpillar Inc in Chennai?

The average salary of a Costing Engineer at Caterpillar Inc in Chennai typically ranges from ₹3.0 Lakhs to ₹12.7 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Costing Engineer in Chennai at Caterpillar Inc earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹15.1 Lakhs per year. Costing Engineer Salaries at Caterpillar Inc 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 9 Caterpillar Inc employees in India.

What is the estimated take home salary of a Costing Engineer at Caterpillar Inc in Chennai?

The estimated take-home salary of a Costing Engineer at Caterpillar Inc in Chennai typically ranges from ₹56,254 to ₹57,664 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹12.7 Lakhs per year for employees with experience ranging from 3 years to 10 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 9 salaries received from various employees of Caterpillar Inc. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Costing Engineer at Caterpillar Inc in Chennai?

To be a Costing Engineer at Caterpillar Inc in Chennai, the key skills required include:

- Cost Reduction
- Technical Support
- Procurement
- Project Management
- Product Management

These skills are highly valued at Caterpillar Inc and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Caterpillar Inc for Costing Engineer in India?

Renault Nissan Technology & Business Centre India

₹4.5 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Costing Engineer in companies similar to Caterpillar Inc in Chennai?

The salary of a Costing Engineer at companies similar to Caterpillar Inc in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

KONE	₹6.5 Lakhs to ₹7.1 Lakhs per year
Seoyon E-hwa Automotive	₹4.1 Lakhs to ₹7.5 Lakhs per year
Sl Lumax	₹3.6 Lakhs to ₹5.1 Lakhs per year
Caresoft Global	₹2.1 Lakhs to ₹5.8 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 Costing Engineer at Caterpillar Inc in Chennai?

The salary growth for a Costing Engineer at Caterpillar Inc in Chennai depends on factors such as experience, performance, and promotions. On average, a Costing Engineer in Chennai can expect the following growth trajectory at Caterpillar Inc:

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
5 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
6 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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Caterpillar Inc Costing Engineer Salaries in Chennai

Caterpillar Inc Costing Engineer salary in Chennai ranges between ₹3 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Caterpillar Inc latest salaries received from various employees of Caterpillar Inc.