Hercules Hoists Design Engineer Salaries by 4 Employees (Updated 2024)

0 - 6 years exp.

₹1.8 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Design Engineer Salary in Industrial Machinery Companies for 0 - 6 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Hercules Hoists for Design Engineer

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Action Construction Equipment Design Engineer Salary 1 - 7 years exp. (37 salaries)	₹3 L/yr - ₹6 L/yr 10% more
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Minebea Intec india Design Engineer Salary 2 - 9 years exp. (10 salaries)	₹3.9 L/yr - ₹8 L/yr 43% more
LGB Forge Design Engineer Salary 1 - 3 years exp. (7 salaries)	₹1.3 L/yr - ₹3 L/yr 40% less
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Pradeep Metals Design Engineer Salary 5 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr 41% more
Excel Engineers Design Engineer Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr 25% less
Dynamic Engineering Design Engineer Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 38% less
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Design Engineer salary at Hercules Hoists ranges between ₹1.8 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Hercules Hoists.

Experience wise Hercules Hoists Design Engineer salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

View all

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Senior Design Engineer Salary

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₹5.2 L/yr - ₹9.66 L/yr

Junior Design Engineer Salary

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Mechanical Engineer Salary

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Salary related reviews for Hercules Hoists

Head Customer Service in Khopoli

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

Cash rich and good brand

Dislikes

Toxic work culture, you can be fired even without assigning any reason at any time. Need to be yes man always and can't take any decisions without top management concurrence, if taken can be fired....

Senior Design Engineer in Khalapur

Full Time

Other Department

2.0

• posted on 02 Aug 2023

3.0

for Salary and Benefits

Likes

Old and vast product portfolio hence so much to learn, decent company policies,

Dislikes

Poor inter-deparmental management and planning, despite having so much man strength, results in excessive and unnecessary work pressure.

Product Executive in Khopoli

Full Time

Production Department

4.0

• posted on 01 Feb 2021

4.0

for Salary and Benefits

Likes

Dear Sir, this was really good. But not excellent for continuing further because I was not fulfilled my desire in this now. I made my career chart for that I have to leave it. Thanks regard Sanjay Bisen

Sales Engineer in Khopoli

Sales & Business Development Department

2.0

• posted on 15 Jan 2021

2.0

for Salary and Benefits

Likes

Can feel proud to work for bajaj group company, Healthy work life balance, close smart team, creates opportunity for self guided onsite experience, Quick actions / high energy level within employees.

Dislikes

Employee point of view : No increments since 2019 - 21, No sales incentives & They dont set clear expectation from employee , Less Employee value, No reliable performance measuring system, Employees Daily activities not defined. Customers point of view : Less professionalism, less customer centric approach, Less service support.

Assistant Manager Sales & Marketing in Khopoli

Sales & Business Development Department

2.0

• posted on 10 May 2018

2.0

for Salary and Benefits

Likes

I learned lot of things from Hercules Hoist Ltd. They gave me great opportunities to learn new things. GM sales and marketing was helpful and inspiring for doing good things.

Dislikes

Work culture in company is terrible. People don't have common goal.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hercules Hoists Design Engineer Salary FAQs

What is the salary of Design Engineer at Hercules Hoists?

Design Engineer salary at Hercules Hoists in India ranges between ₹1.8 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 26% less than the average Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Hercules Hoists India.

How does the salary of a Design Engineer at Hercules Hoists India compare with the average salary range for this job?

The average salary of a Design Engineer at Hercules Hoists is 26% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hercules Hoists to a Design Engineer in India?

Konecranes Design Engineer Salary - ₹3.0 Lakhs to ₹9.4 Lakhs per year
Electromech Material Handling Systems Design Engineer Salary - ₹3.2 Lakhs to ₹8.1 Lakhs per year
Wittur Elevator Components Design Engineer Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Minebea Intec india Design Engineer Salary - ₹3.9 Lakhs to ₹8.0 Lakhs per year
Pradeep Metals Design Engineer Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Design Engineer in companies similar to Hercules Hoists in India?

Mitsubishi Electric Design Engineer Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
Chakr Innovation Design Engineer Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
Axtel Industries Design Engineer Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year
UNI Klinger Design Engineer Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Praj Hipurity Systems Design Engineer Salary - ₹3.8 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Design Engineer at Hercules Hoists in India?

The estimated take-home salary of a Design Engineer at Hercules Hoists ranges between ₹27,567 per month to ₹28,967 per month in India. The take-home salary calculation is based on the average Hercules Hoists Design Engineer salary in India which ranges between ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Hercules Hoists?

According to AmbitionBox, 67% of the Hercules Hoists Design Engineers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Hercules Hoists Design Engineer Salaries

Hercules Hoists Design Engineer salary in India ranges between ₹1.8 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hercules Hoists latest salaries received from various employees of Hercules Hoists.