ELGI Equipments Material Engineer Salaries by 3 Employees (Updated 2024)

5 - 7 years exp.

₹9.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

82% more than the average Material Engineer Salary in Industrial Machinery Companies for 5 - 7 years of experience

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Last Updated: 20 Oct 2024

Companies similar to ELGI Equipments for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Voltas Material Engineer Salary 6 - 7 years exp. (3 salaries)	₹1.7 L/yr - ₹5.4 L/yr 63% less
Thermax Limited Material Engineer Salary 1 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹8 L/yr 42% less
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Isgec Heavy Engineering Material Engineer Salary 5 - 8 years exp. (7 salaries)	₹6.5 L/yr - ₹6.9 L/yr 40% less
Kirloskar Oil Engines Material Engineer Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹3.6 L/yr 68% less
Lohia Group Material Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 68% less

Material Engineer salary at ELGI Equipments ranges between ₹9.5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of ELGI Equipments.

Experience wise ELGI Equipments Material Engineer salaries

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in ELGI Equipments

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₹5 L/yr - ₹15 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Quality Engineer Salary

(8 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(17 salaries)

₹3.1 L/yr - ₹6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Deputy Manager Salary

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Project Manager Salary

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Salary related reviews for ELGI Equipments

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Coimbatore

Full Time

Research & Development Department

2.0

• posted on 24 May 2024

2.0

for Salary and Benefits

Likes

Quick design and development cycle. Complete ownership of the product design lifecycle.

Dislikes

R&D management Poor compensation Terrible work ethics Poor project planning Occasional harrassment High work pressure with poor design infrastructure

Senior Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

3.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Elgi is growing company with good hopes and it's good for new joinee with 4 to 5 years of intial work life to learn new things and work freely. It gives more opportunity for a new aspirants.

Dislikes

The salary hikes are not upto the market standards .

Senior Engineer in Coimbatore

Research & Development Department

3.0

• posted on 04 Aug 2019

3.0

for Salary and Benefits

Likes

MD's ideology is good. Besides that there are some very nice people at ElGi who are both friendly and supportive.

Dislikes

Probably need to give more compensation pertaining to the market. Work culture is improving...but need to improve more

Area Sales Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Boss culture is not in Elgi . Boss are very supportive to drive and handle responsibilities

Dislikes

Car policy should be revised at manager level and salary structure at manager level should be distinguished with lower bands

Deputy Manager Accounts-OTC in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

... company’s growth. You easily access to talk & discussions with management team. Whatever situation is comes you get your salary last working day for the month.Work from anywhere facility world wide.You are responsible for your job, no one force you to do work for late evening or weekends.

Dislikes

As a finance professional under S& S team, that basis very low opportunity to next level as well as training & upgrade.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ELGI Equipments Material Engineer Salary FAQs

What is the notice period for Material Engineer at ELGI Equipments?

According to AmbitionBox, 100% of the ELGI Equipments Material Engineers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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ELGI Equipments Material Engineer Salaries

ELGI Equipments Material Engineer salary in India ranges between ₹9.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ELGI Equipments latest salaries received from various employees of ELGI Equipments.