Ferro Foundries Mysuru / Mysore Salaries by 40+ Employees

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Designation	Avg Annual Salary	Open Jobs
Production Engineer 3 - 6 years exp. · Mysuru / Mysore (4 salaries)	₹2.4 L/yr - ₹3 L/yr
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Production Manager 9 - 15 years exp. · Mysuru / Mysore (4 salaries)	₹4.5 L/yr - ₹5.1 L/yr
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Store & Purchase Officer 7 - 10 years exp. · Mysuru / Mysore (4 salaries)	₹2.8 L/yr - ₹3.6 L/yr
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Programmer 2 - 5 years exp. · Mysuru / Mysore (3 salaries)	₹1.8 L/yr - ₹5 L/yr
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Store Incharge 10 - 12 years exp. · Mysuru / Mysore (3 salaries)	₹4 L/yr - ₹4.9 L/yr
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Production Supervisor 1 - 5 years exp. · Mysuru / Mysore (3 salaries)	₹1.5 L/yr - ₹3 L/yr
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Production Coordinator 7 - 11 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Sales & Application Engineer 3 - 7 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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Sales Engineer 4 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Senior Data Engineer 6 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Electrical Supervisor 4 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Data Engineer 5 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Senior Engineer 10 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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Apparel Designer 4 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Vendor Development Engineer 5 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Personnel Officer 4 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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Maintenance Engineer 3 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Senior Production Engineer 8 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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Product Coordinator 11 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Works Manager 9 years exp. · Mysuru / Mysore (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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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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Salary related reviews for Ferro Foundries

4.5

Rated by 6 employees for salary & benefits

Product Coordinator in Mysuru / Mysore

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Sep 2023

5.0

for Salary and Benefits

Likes

Superb work place..Managing Director very friendly with all the employees...No partiality what so ever considering positions of employees....Very much satisfactory regarding work and culture.

Salary - Excellent

+6 more

Dislikes

Nothing like that till date..

Electrician Trainee in Mysuru / Mysore

Other Department

4.0

• posted on 05 Oct 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation. Working hours and discipline. The campus is very good. Friendly Seniors.

Salary - Good

+6 more

Dislikes

Growth is slow. Good canteen but no food. If food is provided at nominal price it will be helpful for many people's.

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Know more about Ferro Foundries Mysuru / Mysore

Ferro Foundries Salary FAQs

How much does Ferro Foundries pay to its employees?

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

Production Engineer	₹2.4 Lakhs to ₹3 Lakhs per year
Production Manager	₹4.5 Lakhs to ₹5.1 Lakhs per year
Store & Purchase Officer	₹2.8 Lakhs to ₹3.6 Lakhs per year
Programmer	₹1.8 Lakhs to ₹5 Lakhs per year

The highest-paying role, Production Manager, earns between ₹4.5 Lakhs to ₹5.1 Lakhs per year. The top 10% of employees earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹13.9 Lakhs per year. Salaries at Ferro Foundries 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 44 salaries submitted by Ferro Foundries employees. Ferro Foundries is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Ferro Foundries , Mysuru / Mysore is INR . Salary estimates are based on 40+ Ferro Foundries latest salaries received from various employees of Ferro Foundries.