Festo Bangalore / Bengaluru Purchase Engineer Salaries by 3 Employees

0 - 1 year exp.

₹2.4 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Purchase Engineer Salary in Industrial Automation Companies for 0 - 1 year of experience

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Last Updated: 1 Sep 2023

Companies similar to Festo for Purchase Engineer in Bangalore / Bengaluru

Festo Purchase Engineer Salary

0 - 1 year exp. (3 salaries)

₹2.4 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
TMEIC Purchase Engineer Salary 3 - 8 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 70% more
Bharat Electronics Purchase Engineer Salary 1 - 5 years exp. (78 salaries)	₹1.3 L/yr - ₹5 L/yr 21% more
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Bosch Purchase Engineer Salary 0 - 5 years exp. (38 salaries)	₹2.5 L/yr - ₹6 L/yr 19% more
TD Power Systems Purchase Engineer Salary 3 - 12 years exp. (22 salaries)	₹3.2 L/yr - ₹7.6 L/yr 57% more
Centum Electronics Purchase Engineer Salary 1 - 7 years exp. (21 salaries)	₹2.5 L/yr - ₹6.4 L/yr 57% more

Purchase Engineer salary at Festo ranges between ₹2.4 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Festo.

Experience wise Festo Purchase Engineer salaries in Bangalore / Bengaluru

Last Updated: 1 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr

Similar Designation salaries in Festo

Senior Engineer Salary

(20 salaries)

₹7 L/yr - ₹15.7 L/yr

Project Engineer Salary

(12 salaries)

₹4.5 L/yr - ₹7 L/yr

Junior Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Salary related reviews for Festo

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

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

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 Purchase Engineer Salary FAQs

How the salary growth look like for a Purchase Engineer at Festo in Bangalore / Bengaluru?

The salary growth for a Purchase Engineer at Festo in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer in Bangalore / Bengaluru can expect the following growth trajectory at Festo:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹2.8 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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Festo Purchase Engineer Salaries in Bangalore / Bengaluru

Festo Purchase Engineer salary in Bangalore / Bengaluru ranges between ₹2.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Festo latest salaries received from various employees of Festo.