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Futaba Industrial Gujarat Senior Associate Engineer salaries in India

Annual salary range
3 - 8 years exp.
₹3.1 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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50% less than the average Senior Associate Engineer Salary in Auto Components Companies for 3 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Senior Associate Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.3 L/yr

Quality Assurance
Senior Associate Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Procurement & Supply Chain
Senior Associate Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 11 May 2024

Companies similar to Futaba Industrial Gujarat for Senior Associate Engineer

Company name Avg Annual Salary Open Jobs
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Atos Senior Associate Engineer Salary

2 - 4 years exp. (381 salaries)

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₹3.2 L/yr - ₹5.6 L/yr

arrow icon 13% more
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₹2.6 L/yr - ₹7 L/yr

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₹7.2 L/yr - ₹22 L/yr

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1 job opening
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₹5.6 L/yr - ₹17.9 L/yr

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Cognizant Senior Associate Engineer Salary

4 - 12 years exp. (114 salaries)

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₹7.3 L/yr - ₹25 L/yr

arrow icon 290% more
Senior Associate Engineer salary at Futaba Industrial Gujarat ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Futaba Industrial Gujarat.

Latest annual salaries shared by Futaba Industrial Gujarat Senior Associate Engineer

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6 years exp.
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8 years exp.
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Experience wise Futaba Industrial Gujarat Senior Associate Engineer salaries

Last Updated: 11 May 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Futaba Industrial Gujarat

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₹3.6 L/yr - ₹8 L/yr
Senior Engineer Salary
(15 salaries)
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₹4 L/yr - ₹6 L/yr
Team Lead Salary
(26 salaries)
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₹4.05 L/yr - ₹7.5 L/yr

Salary related reviews for Futaba Industrial Gujarat

Full Time

 · 

Other Department

4.0
  •  posted on 14 Jan 2019

2.0
 for  Salary and Benefits

Likes

The futaba industries is latest technology. I love the fact that I am a part of a team that markets reliable, high Quality & production.

read more
  • Skill development - Good
  • +2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day

read more
  • Salary - Poor
  • +3 more

Contractual

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 25 Jan 2025

1.0
 for  Salary and Benefits

Likes

Work-Life Balance: The organization offers a standard 9-hour workday. Overtime facilities are available for employees below the Assistant Manager (AM) level. The canteen services are excellent, and there is an annual trip organized for all permanent employees.

read more
  • Work-life balance - Good

Dislikes

Salary: During the CTC finalization, the HR representative mentioned a "Diwali Bonus" scheme. However, this information can be misleading, as the bonus is not part of the CTC and is not documented in official papers such as the offer letter or appointment letter. If you accept and join the organization, the Diwali bonus will not be applicable for the current year. For instance, if you join in January 2023, the HR representative indicates that you will only receive your Diwali bonus in October/November 2024 (the following Diwali). Moreover, these details are not disclosed prior to joining. Additionally, if you resign, the bonus is excluded from your full and final settlement. Work Satisfaction: In this organization, there are two key pillars: the Quality Head and the Maintenance Head. Production, Process Engineering, Maintenance, and Utility teams report to the Maintenance Head, while SCM, Purchase, Vendor Development, Stores, and Dispatch teams report to the Quality Head. This structure is fundamentally flawed, as it implies that all functions are focused on production rather than quality. Additionally, the ground-level workforce consists of older employees, creating significant resistance for new joiners. Job Security: Job security is minimal for those joining at or above the Assistant Manager (AM) level. Many individuals have lost their jobs at Futaba Industrial Gujarat due to the organization's poorly structured framework. Skill Development: The company is entirely mechanical in nature, making it suitable only for those looking to start their careers. Promotions: A minimum of 3 years of service, starting from the date of joining, is required to be eligible for promotion.

read more
  • Salary - Bad
  • +5 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 20 Jun 2020

4.0
 for  Salary and Benefits

Likes

Working at futaba industrial Gujarat private limited so wonderful, working environment and travel,salary good .I will consider my self very lucky if I get to work any time in future.than you.

read more
  • Salary - Good
  • +5 more

Dislikes

No,I have no complaints about any employees company .all employees behavior so good no work pressure working hours time to time . company environment so good ,I like working in this future

read more

Production Department

4.0
  •  posted on 11 Sep 2020

3.0
 for  Salary and Benefits

Likes

It's good for career opening.

  • Job security - Excellent
  • +1 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 07 Nov 2024

5.0
 for  Salary and Benefits

Likes

Working Culture is good and good environment, Good company policies, Canteen & Transportation facility available.

  • Salary - Excellent
  • +5 more

Dislikes

No good living facility available near by company, should have to travel 40-50 km daily basis.

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Futaba Industrial Gujarat Senior Associate Engineer Salary FAQs

What is the salary of Senior Associate Engineer at Futaba Industrial Gujarat ?
The average salary of a Senior Associate Engineer at Futaba Industrial Gujarat in India typically ranges from ₹3.1 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Associate Engineer at Futaba Industrial Gujarat earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Senior Associate Engineer Salaries at Futaba Industrial Gujarat 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 5 Futaba Industrial Gujarat employees in India.
What is the estimated take home salary of a Senior Associate Engineer at Futaba Industrial Gujarat in India?
The estimated take-home salary of a Senior Associate Engineer at Futaba Industrial Gujarat in India typically ranges from ₹29,807 to ₹31,124 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 5 salaries received from various employees of Futaba Industrial Gujarat. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Futaba Industrial Gujarat for Senior Associate Engineer in India?
Caterpillar Inc ₹7.2 Lakhs to ₹22.0 Lakhs per year
Cognizant ₹7.3 Lakhs to ₹25.0 Lakhs per year
Successive Technologies ₹5.6 Lakhs to ₹17.9 Lakhs per year
Shriram Pistons & Rings ₹2.6 Lakhs to ₹7.0 Lakhs per year
Atos ₹3.2 Lakhs to ₹5.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Futaba Industrial Gujarat, depending on the role and experience level.
How the salary growth look like for a Senior Associate Engineer at Futaba Industrial Gujarat in India?
The salary growth for a Senior Associate Engineer at Futaba Industrial Gujarat depends on factors such as experience, performance, and promotions. On average, a Senior Associate Engineer can expect the following growth trajectory at Futaba Industrial Gujarat:

Experience Average Salary Range
3 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.4 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
and so on.

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Futaba Industrial Gujarat Senior Associate Engineer salary in India ranges between ₹3.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Futaba Industrial Gujarat latest salaries received from various employees of Futaba Industrial Gujarat.