Elecon Hydraulics Vadodara Salaries by 20+ Employees

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Research & Development Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 22 - 24 years exp. · Vadodara (4 salaries)	₹12.2 L/yr - ₹13.4 L/yr
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Senior Design Engineer 4 - 5 years exp. · Vadodara (3 salaries)	₹3.5 L/yr - ₹4.4 L/yr
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Purchase Executive 6 - 8 years exp. · Vadodara (3 salaries)	₹6 L/yr - ₹7.5 L/yr
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Manager new Product Development 6 - 10 years exp. · Vadodara (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Senior Engineer 2 - 3 years exp. · Vadodara (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Technical Executive 1 - 3 years exp. · Vadodara (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Management Trainee 0 - 1 year exp. · Vadodara (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Senior Electrical Instrumentation Engineer 10 years exp. · Vadodara (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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Technical Executive Engineer 8 years exp. · Vadodara (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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QA Executive 1 year exp. · Vadodara (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Graduate Engineer Trainee (Get) 1 year exp. · Vadodara (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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Design Engineer 2 years exp. · Vadodara (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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Senior Sales and Application Engineer 4 years exp. · Vadodara (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Manager 24 - 25 years exp. · Vadodara (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 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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Salary related reviews for Elecon Hydraulics

4.7

Rated by 2 employees for salary & benefits

Senior Design Engineer in Manjusar, Vadodara

Full Time

Research & Development Department

2.0

• posted on 23 Jul 2020

1.0

for Salary and Benefits

Likes

The given 50% salary of month april may and june 2020 without any legal notice, also management is not clearing that how much time this deduction is running. And this deducted salary will be reimburse in future or not.

Dislikes

Salary - Bad
Skill development - Bad

+3 more

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Know more about Elecon Hydraulics Vadodara

Elecon Hydraulics Salary FAQs

How much does Elecon Hydraulics pay to its employees?

The average annual salary at Elecon Hydraulics varies depending on the role, experience, and location. The salary ranges for some popular designations at Elecon Hydraulics , are as follows:

Deputy Manager	₹12.2 Lakhs to ₹13.4 Lakhs per year
Senior Design Engineer	₹3.5 Lakhs to ₹4.4 Lakhs per year
Purchase Executive	₹6 Lakhs to ₹7.5 Lakhs per year
Manager new Product Development	₹7.2 Lakhs to ₹9.2 Lakhs per year

The highest-paying role, Technical Executive, earns between ₹3.8 Lakhs to ₹6.2 Lakhs per year. The top 10% of employees earn more than ₹13.2 Lakhs per year, and the top 1% earn over ₹39.9 Lakhs per year. Salaries at Elecon Hydraulics 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 salary estimates are based on data from 26 salaries submitted by Elecon Hydraulics employees. Elecon Hydraulics is rated 4.7 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Elecon Hydraulics , Vadodara is INR . Salary estimates are based on 20+ Elecon Hydraulics latest salaries received from various employees of Elecon Hydraulics .