Galaxy Machinery Belgaum Design Engineer Salaries by 4 Employees

1 - 9 years exp.

₹1.7 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Design Engineer Salary in Financial Services Companies for 1 - 9 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Galaxy Machinery for Design Engineer in Belgaum

Galaxy Machinery Design Engineer Salary

1 - 9 years exp. (4 salaries)

₹1.7 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Quest Global Design Engineer Salary 1 - 5 years exp. (33 salaries)	₹2 L/yr - ₹6 L/yr 85% more
NXP Semiconductors Design Engineer Salary 1 year exp. (16 salaries)	₹18.3 L/yr - ₹29.4 L/yr 818% more
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Aequs Design Engineer Salary 0 - 7 years exp. (12 salaries)	₹3.5 L/yr - ₹5 L/yr 52% more
AUBERT & DUVAL Design Engineer Salary 4 - 8 years exp. (11 salaries)	₹4.5 L/yr - ₹5.5 L/yr 91% more
West & Deccan Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.4 L/yr - ₹4 L/yr 31% more

Design Engineer salary at Galaxy Machinery ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Galaxy Machinery.

Experience wise Galaxy Machinery Design Engineer salaries in Belgaum

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

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Salary related reviews for Galaxy Machinery

3.0

Rated by 1 employees for salary & benefits

Assistant General Manager in Belgaum

Manufacturing Engineering Department

4.0

• posted on 26 Sep 2019

4.0

for Salary and Benefits

Likes

Great place to learn, The company MD being the person who is behind creation of first CNC machine in India, this happened when he was working at Kirloskar machinery India. He open heartily welcomes graduate Engineers for their Internship studies.

Salary - Good

+6 more

Dislikes

Nothing much really.

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Top trending discussions

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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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Galaxy Machinery Design Engineer Salary FAQs

What is the salary of Design Engineer at Galaxy Machinery in Belgaum?

The average salary of a Design Engineer at Galaxy Machinery in Belgaum typically ranges from ₹1.7 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Design Engineer in Belgaum at Galaxy Machinery earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Design Engineer Salaries at Galaxy Machinery 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 Galaxy Machinery employees in India.

What is the estimated take home salary of a Design Engineer at Galaxy Machinery in Belgaum?

The estimated take-home salary of a Design Engineer at Galaxy Machinery in Belgaum typically ranges from ₹19,607 to ₹21,276 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 Galaxy Machinery. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Galaxy Machinery for Design Engineer in India?

NXP Semiconductors	₹18.3 Lakhs to ₹29.4 Lakhs per year
AUBERT & DUVAL	₹4.5 Lakhs to ₹5.5 Lakhs per year
Quest Global	₹2.0 Lakhs to ₹6.0 Lakhs per year
Aequs	₹3.5 Lakhs to ₹5.0 Lakhs per year
West & Deccan	₹2.4 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Galaxy Machinery, depending on the role and experience level.

How the salary growth look like for a Design Engineer at Galaxy Machinery in Belgaum?

The salary growth for a Design Engineer at Galaxy Machinery in Belgaum depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Belgaum can expect the following growth trajectory at Galaxy Machinery:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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Galaxy Machinery Design Engineer Salaries in Belgaum

Galaxy Machinery Design Engineer salary in Belgaum ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Galaxy Machinery latest salaries received from various employees of Galaxy Machinery.