Flex Costing Engineer Salaries by 4 Employees (Updated 2025)

4 - 8 years exp.

₹5.5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Costing Engineer Salary in Electronics Manufacturing Companies for 4 - 8 years of experience

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Last Updated: 26 Oct 2023

Companies similar to Flex for Costing Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Costing Engineer Salary 0 - 5 years exp. (14 salaries)	₹2 L/yr - ₹9.5 L/yr 18% less
Ashok Leyland Costing Engineer Salary 1 - 3 years exp. (5 salaries)	₹3.2 L/yr - ₹3.3 L/yr 43% less
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Force Motors Costing Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 38% less
SFO Technologies Costing Engineer Salary 0 - 7 years exp. (6 salaries)	₹3 L/yr - ₹5.6 L/yr 28% less
Centum Electronics Costing Engineer Salary 2 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 7% less
Avalon Technologies Costing Engineer Salary 3 - 6 years exp. (3 salaries)	₹3.7 L/yr - ₹4.1 L/yr 35% less

Costing Engineer salary at Flex ranges between ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Flex.

Experience wise Flex Costing Engineer salaries

Last Updated: 26 Oct 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.3 L/yr

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Salary related reviews for Flex

3.0

Rated by 1 employees for salary & benefits

Junior Engineer in Pune

Other Department

1.0

• posted on 24 Aug 2018

1.0

for Salary and Benefits

Likes

Teammates are good, we all are sailing on the same boat.

Dislikes

...w learnings.. job includes excel/documentation, nothing challenging/interesting. In hand salary is very low, not getting quarterly bonus on time. Got many appreciation from client, but TL/manager ignores it during appraisal.

Salary - Bad

+5 more

Junior Engineer in Chennai

Construction & Site Engineering Department

3.0

• posted on 07 Apr 2018

1.0

for Salary and Benefits

Likes

Good respect and recognition for good works without delay.

Skill development - Good

Dislikes

...ucket for a fiscal year. There will be no compensation for over time supports. Very less salary package comparing the market standard.

Salary - Bad

+3 more

Senior Subject Matter Expert in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 31 Jan 2025

3.0

for Salary and Benefits

Likes

Culture Ontime salary IT environment Good spocs and coordination team work Work life balance Process improvements Employee carrier growth slowly.. Workshops Etc...

Skill development - Excellent

+4 more

Dislikes

Slow finance growth. Work locations Low salary More salary detection Variable pay changed to yearly payout...

Assistant Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 31 Jan 2025

4.0

for Salary and Benefits

Likes

Flex always demonstrates a very good culture.. learning will always be there.

Salary - Good

+4 more

Dislikes

Recently there were no much hike in Salary and Promotions also become far from reachable. Even though hybrid work model now a days they are very much strict and making everyone to come to office for atleast 10 days

Associate Systems Engineer in Chennai

Full Time

IT & Information Security Department

1.0

• posted on 18 Jan 2025

1.0

for Salary and Benefits

Likes

Good benefits like insurance and 45 leaves yearly.

Work-life balance - Good

Dislikes

... it is will be nightmare for you and if you are SOP guy then it is best for you. Also they are facing cost cutting issue to increase profits so they are doing silent layoffs and try to torture employee so they will resign. And if you are trying to leave then they smash you with 3 months notice even if you are on bench and try to rot you to satisfy ego. I work here for last 3 years and they didn't give any hike or promotion except you licking there shoes. Please don't join this company now this senior management basterds are here for 10 years more and they are not going until thie retirement and this basterds also don't have any technical IT skills. Thanks to god for bringing me out of this hell.

Salary - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Flex Costing Engineer Salary FAQs

What is the salary of Costing Engineer at Flex?

Costing Engineer salary at Flex in India ranges between ₹5.5 Lakhs to ₹6.3 Lakhs for experience between 4 years to 8 years. According to our estimates it is 6% less than the average Costing Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Flex India.

How does the salary of a Costing Engineer at Flex India compare with the average salary range for this job?

The average salary of a Costing Engineer at Flex is 6% less than the average salary of a Costing Engineer in India. To know exact salary insights, login to view.

What is the salary of a Costing Engineer in companies similar to Flex in India?

Centum Electronics Costing Engineer Salary - ₹4.2 Lakhs to ₹7.0 Lakhs per year
Tata Motors Costing Engineer Salary - ₹2.0 Lakhs to ₹9.5 Lakhs per year
SFO Technologies Costing Engineer Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year
Avalon Technologies Costing Engineer Salary - ₹3.7 Lakhs to ₹4.1 Lakhs per year
Force Motors Costing Engineer Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Costing Engineer at Flex in India?

The estimated take-home salary of a Costing Engineer at Flex ranges between ₹44,104 per month to ₹45,209 per month in India. The take-home salary calculation is based on the average Flex Costing Engineer salary in India which ranges between ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Costing Engineer at Flex?

According to AmbitionBox, 100% of the Flex Costing Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Flex Costing Engineer Salaries

Flex Costing Engineer salary in India ranges between ₹5.5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Flex latest salaries received from various employees of Flex.