Hercules Hoists Senior Engineer Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹5.3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Senior Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 16 Feb 2025

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Senior Engineer salary at Hercules Hoists ranges between ₹5.3 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Hercules Hoists.

Experience wise Hercules Hoists Senior Engineer salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.8 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.4 L/yr
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7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹8 L/yr

Similar Designation salaries in Hercules Hoists

Junior Engineer Salary

(4 salaries)

₹4 L/yr - ₹4.5 L/yr

QA QC Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Quality Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹4.1 L/yr

Deputy Manager Salary

(12 salaries)

₹8.5 L/yr - ₹14 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Assistant Project Manager Salary

(3 salaries)

₹6.4 L/yr - ₹8 L/yr

Salary related reviews for Hercules Hoists

4.5

Rated by 3 employees for salary & benefits

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....

Skill development - Poor

+3 more

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.

Skill development - Bad

+5 more

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

Salary - Good

+4 more

Dislikes

Promotions - Poor
Work satisfaction - Poor

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.

Job security - Excellent

+1 more

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.

Salary - Poor

+2 more

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.

Skill development - Excellent

+1 more

Dislikes

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

Salary - Poor

+3 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Hercules Hoists Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Hercules Hoists ?

The average salary of a Senior Engineer at Hercules Hoists in India typically ranges from ₹5.3 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Engineer at Hercules Hoists earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Senior Engineer Salaries at Hercules Hoists 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 Hercules Hoists employees in India.

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

The estimated take-home salary of a Senior Engineer at Hercules Hoists in India typically ranges from ₹51,527 to ₹52,742 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 5 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 Hercules Hoists. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hercules Hoists for Senior Engineer in India?

Mitsubishi Electric India	₹4.7 Lakhs to ₹14.0 Lakhs per year
Chakr Innovation	₹3.9 Lakhs to ₹13.5 Lakhs per year
NSK	₹6.6 Lakhs to ₹11.5 Lakhs per year
Konecranes	₹4.8 Lakhs to ₹8.7 Lakhs per year
Wittur Elevator Components	₹4.3 Lakhs to ₹9.0 Lakhs per year

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

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

The salary of a Senior Engineer at companies similar to Hercules Hoists in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UNI Klinger	₹6.5 Lakhs to ₹8.4 Lakhs per year
Minebea Intec india	₹6.3 Lakhs to ₹7.3 Lakhs per year
Axtel Industries	₹4.7 Lakhs to ₹7.6 Lakhs per year
Electromech Material Handling Systems	₹4.6 Lakhs to ₹8.2 Lakhs per year
Excel Engineers	₹4.5 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Engineer at Hercules Hoists in India?

The salary growth for a Senior Engineer at Hercules Hoists depends on factors such as experience, performance, and promotions. On average, a Senior Engineer can expect the following growth trajectory at Hercules Hoists:

Experience	Average Salary Range
5 years	₹5.3 Lakhs to ₹11.8 Lakhs per year
6 years	₹2.7 Lakhs to ₹7.4 Lakhs per year
7 years	₹2.8 Lakhs to ₹7.4 Lakhs per year
8 years	₹7.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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Hercules Hoists Senior Engineer Salaries

Hercules Hoists Senior Engineer salary in India ranges between ₹5.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hercules Hoists latest salaries received from various employees of Hercules Hoists.