Festo Mechanical Production Engineer Salaries by 4 Employees

6 - 10 years exp.

₹3.8 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% more than the average Mechanical Production Engineer Salary in Industrial Automation Companies for 6 - 10 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Festo for Mechanical Production Engineer

Company name	Avg Annual Salary	Open Jobs
Marine Electricals Mechanical Production Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹2.6 L/yr 52% less
Sai Machine Tools Mechanical Production Engineer Salary 2 - 7 years exp. (7 salaries)	₹2.1 L/yr - ₹4.2 L/yr 16% less
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Global Autotech Mechanical Production Engineer Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.2 L/yr 45% less
Bajaj Motors Mechanical Production Engineer Salary 1 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹3.1 L/yr 61% less
Nifco India Mechanical Production Engineer Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.6 L/yr 47% less

Mechanical Production Engineer salary at Festo ranges between ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Festo.

Experience wise Festo Mechanical Production Engineer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Festo

Quality Engineer Salary

(18 salaries)

₹3.3 L/yr - ₹7.09 L/yr

Production Engineer Salary

(14 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Graduate Engineer Trainee (Get) Salary

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₹1.96 L/yr - ₹4.4 L/yr

Maintenance Associate Salary

(9 salaries)

₹3.55 L/yr - ₹4.6 L/yr

CNC Operator Salary

(9 salaries)

₹3 L/yr - ₹4.5 L/yr

Diploma Mechanical Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Production Supervisor Salary

(7 salaries)

₹2.4 L/yr - ₹5.2 L/yr

Assembly Technician Salary

(6 salaries)

₹2.15 L/yr - ₹2.79 L/yr

CNC VMC Operator Salary

(5 salaries)

₹4.4 L/yr - ₹6.75 L/yr

Assembly Operator Salary

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₹2.4 L/yr - ₹3.9 L/yr

Salary related reviews for Festo

4.5

Rated by 3 employees for salary & benefits

Graduate Engineer Trainee (Get) in Bangalore / Bengaluru

Sales & Marketing Department

5.0

• posted on 30 Jul 2021

3.0

for Salary and Benefits

Likes

Everything about Festo is Good , co workers are great , management is awesome. Food is good , Office is Amazing. Work life balance is Great only 9 hrs of working . Sat - Sun off

Skill development - Good

+4 more

Dislikes

There was No growth , Less compensation. Everything else was amazing

Promotions - Poor

Senior Sales Engineer in Ludhiana

Full Time

Sales & Business Development Department

4.0

• posted on 09 Aug 2022

3.0

for Salary and Benefits

Likes

Excellent work culture and best till date learning environment. You are given free hand at learning and implementing your own ideas. Managers are very supportive & encourage you to achieve more. Work life balance and respect for family values.

Skill development - Excellent

+4 more

Dislikes

Salary being offered to new hires, especially people with 2-3 years experience is low as per industry standards.

Sales Engineer in Pune

Sales & Business Development Department

3.0

• posted on 05 May 2022

2.0

for Salary and Benefits

Likes

One of the best working culture with Job security ( if you want to work with less exposure and rewards) . No good policies for employees. Everyone here comes for their retirement plan😂.

Skill development - Good

+3 more

Dislikes

Less growth in terms of salary and promotion. Policies are not as per MNC. No focus on young talent, there is bunch of old employees working with old tactics and delaying process. After resignation, HR is not supportive at all, and do not even pick a call.

Salary - Poor

+1 more

Sales Engineer in Noida

Sales & Business Development Department

4.0

• posted on 09 Jan 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Didactic Trainer in Ahmedabad

Didactic Department

5.0

• posted on 11 Jul 2020

4.0

for Salary and Benefits

Likes

They paid full salary throughout the covid situation!! and that too without delay!! Nearly 3 months work from Home Am full heartedly thankful to Festo for supporting us in this situation when most of the companies are failed to support!!

Salary - Good

+5 more

Dislikes

Training and career growth!! is less

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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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Festo Mechanical Production Engineer Salary FAQs

What is the salary of Mechanical Production Engineer at Festo ?

The average salary of a Mechanical Production Engineer at Festo in India typically ranges from ₹3.8 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Mechanical Production Engineer at Festo earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Mechanical Production Engineer Salaries at Festo 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 4 Festo employees in India.

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

The estimated take-home salary of a Mechanical Production Engineer at Festo in India typically ranges from ₹32,285 to ₹33,565 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 6 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 4 salaries received from various employees of Festo. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Sai Machine Tools	₹2.1 Lakhs to ₹4.2 Lakhs per year
Global Autotech	₹2.0 Lakhs to ₹3.2 Lakhs per year
Nifco India	₹1.8 Lakhs to ₹2.6 Lakhs per year
Marine Electricals	₹1.6 Lakhs to ₹2.6 Lakhs per year
Bajaj Motors	₹1.2 Lakhs to ₹3.1 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 Production Engineer at Festo in India?

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

Experience	Average Salary Range
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
8 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
9 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Festo Mechanical Production Engineer Salaries

Festo Mechanical Production Engineer salary in India ranges between ₹3.8 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Festo latest salaries received from various employees of Festo.

Festo Mechanical Production Engineer salaries in India

Companies similar to Festo for Mechanical Production Engineer

Latest annual salaries shared by Festo Mechanical Production Engineer

Experience wise Festo Mechanical Production Engineer salaries

Similar Designation salaries in Festo

Salary related reviews for Festo

Graduate Engineer Trainee (Get) in Bangalore / Bengaluru

Senior Sales Engineer in Ludhiana

Sales Engineer in Pune

Sales Engineer in Noida

Didactic Trainer in Ahmedabad

Festo Mechanical Production Engineer Salary FAQs

Tell us how to improve this page.