Covestro Mechanical Engineer Salaries by 5 Employees

3 - 12 years exp.

₹2 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Mechanical Engineer Salary for 3 - 12 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Covestro for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Dow Chemical International Private Limited Mechanical Engineer Salary 0 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹7.8 L/yr 3% more
SABIC Mechanical Engineer Salary 6 - 14 years exp. (7 salaries)	₹8.5 L/yr - ₹17.1 L/yr 267% more
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Clariant Chemicals Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 23% less
Huntsman International Mechanical Engineer Salary 1 - 12 years exp. (3 salaries)	₹1.1 L/yr - ₹9 L/yr 67% more
Amara Raja Infra Mechanical Engineer Salary 0 - 13 years exp. (7 salaries)	₹4.2 L/yr - ₹5.5 L/yr 44% more
WEG Mechanical Engineer Salary 3 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹6 L/yr 69% more
Air Liquide Mechanical Engineer Salary 1 - 9 years exp. (6 salaries)	₹6.8 L/yr - ₹9 L/yr 147% more
Alfanar Mechanical Engineer Salary 5 - 16 years exp. (6 salaries)	₹7 L/yr - ₹18 L/yr 274% more
Amphenol Interconnect Mechanical Engineer Salary 1 - 5 years exp. (6 salaries)	₹1.9 L/yr - ₹4.2 L/yr 14% less
Toshiba Mechanical Engineer Salary 5 - 7 years exp. (5 salaries)	₹2 L/yr - ₹8.4 L/yr 57% more
Bombardier Transportation Mechanical Engineer Salary 2 - 9 years exp. (5 salaries)	₹7.7 L/yr - ₹11 L/yr 163% more
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Harsco Mechanical Engineer Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.8 L/yr 7% less
Vishay Components Mechanical Engineer Salary 1 - 11 years exp. (4 salaries)	₹2 L/yr - ₹5.4 L/yr 15% more
NAFFCO Mechanical Engineer Salary 7 - 10 years exp. (3 salaries)	₹4.1 L/yr - ₹8.2 L/yr 84% more

Mechanical Engineer salary at Covestro ranges between ₹2 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Covestro.

Experience wise Covestro Mechanical Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
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5 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr

View all

Similar Designation salaries in Covestro

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Executive Engineer Salary

(5 salaries)

₹4.5 L/yr - ₹7.4 L/yr

Junior Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(5 salaries)

₹4.5 L/yr - ₹10 L/yr

Production Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹3.15 L/yr

Senior Electrical Engineer Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Mechanical Maintenance Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Maintenance Manager Salary

(6 salaries)

₹13 L/yr - ₹29.76 L/yr

Salary related reviews for Covestro

5.0

Rated by 2 employees for salary & benefits

Noida in Noida

Research & Development Department

2.0

• posted on 11 Apr 2022

3.0

for Salary and Benefits

Likes

...ent is transparent. There is a huge cafeteria and gaming arcade for chilling . Company policycs are gaad , appraisals are fair and thay give good salary hike and bonus every year .

Job security - Good

+4 more

Dislikes

There is a lot of politics and tha management doesn't address our issues.

Administration Executive in Greater Noida

Administration & Facilities Department

5.0

• posted on 01 Feb 2019

4.0

for Salary and Benefits

Likes

Working atmosphere is good but for only company roll employee but third party pay roll employees are not secure their Job. I have worked 5.5 years and I was third party pay roll employee without any reason they discontinued my contract. I felt very bad ☹️

Salary - Good

+4 more

Dislikes

There is no value of third party pay roll employee

Job security - Bad

Trainee Production Engineer in Noida

Intern

Quality Assurance Department

5.0

• posted on 02 Apr 2024

1.0

for Salary and Benefits

Likes

Friendly and supportive staff, facilities like cab and food are good, I think great company for future to growing in this line.

Skill development - Good

+4 more

Dislikes

They just hire trainee and take there work till 1 year and then they kick out from there company no permanent vaccency for them .

Salary - Bad

+1 more

Graduate Apprentice Trainee in Greater Noida

PUR Department Department

1.0

• posted on 23 Mar 2021

2.0

for Salary and Benefits

Likes

Company culture only

Company culture - Excellent

+1 more

Dislikes

Management doesn't address our issue even from six months they don't reimburse my medical bill. They told me and other trainees about 5 working days before joining but after one month the management start blackmailing that if you want to continue you have to come for six working days. Some other employees are also doing six day working but they get paid for there extra work but we are not. Because they tell us about 5 working days orally. If anyone wants to go there I suggest to not believe on oral offers take it in written for every offer.

Salary - Poor

+4 more

Senior Executive in Cuddalore

Research & Development Department

5.0

• posted on 06 Feb 2021

5.0

for Salary and Benefits

Likes

I am liking the safety culture because our moral incantation is *nothing we do is worth getting hurt for"

Salary - Excellent

+5 more

Dislikes

People development not happening here, people development is most important because its leadership competency.

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Covestro Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Covestro ?

The average salary of a Mechanical Engineer at Covestro in India typically ranges from ₹2.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Mechanical Engineer at Covestro earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Mechanical Engineer Salaries at Covestro 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 5 Covestro employees in India.

What is the estimated take home salary of a Mechanical Engineer at Covestro in India?

The estimated take-home salary of a Mechanical Engineer at Covestro in India typically ranges from ₹24,068 to ₹25,521 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years to 12 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 5 salaries received from various employees of Covestro. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Covestro for Mechanical Engineer in India?

Alfanar	₹7.0 Lakhs to ₹18.0 Lakhs per year
SABIC	₹8.5 Lakhs to ₹17.1 Lakhs per year
Bombardier Transportation	₹7.7 Lakhs to ₹11.0 Lakhs per year
Air Liquide	₹6.8 Lakhs to ₹9.0 Lakhs per year
NAFFCO	₹4.1 Lakhs to ₹8.2 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Covestro in India?

The salary of a Mechanical Engineer at companies similar to Covestro in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

WEG	₹4.5 Lakhs to ₹6.0 Lakhs per year
Huntsman International	₹1.1 Lakhs to ₹9.0 Lakhs per year
Toshiba	₹2.0 Lakhs to ₹8.4 Lakhs per year
Amara Raja Infra	₹4.2 Lakhs to ₹5.5 Lakhs per year
Vishay Components	₹2.0 Lakhs to ₹5.4 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 Mechanical Engineer at Covestro in India?

The salary growth for a Mechanical Engineer at Covestro depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Covestro:

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.0 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.0 Lakhs per year
5 years	₹2.0 Lakhs to ₹4.2 Lakhs per year
6 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Covestro Mechanical Engineer Salaries

Covestro Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Covestro latest salaries received from various employees of Covestro.