Hero Cycles Industrial Engineer Salaries by 5 Employees

1 - 3 years exp.

₹2.7 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average Industrial Engineer Salary in Automobile Companies for 1 - 3 years of experience

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Last Updated: 22 Apr 2023

Companies similar to Hero Cycles for Industrial Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Industrial Engineer Salary 0 - 9 years exp. (21 salaries)	₹1.5 L/yr - ₹10 L/yr 75% more	1 job opening
Ashok Leyland Industrial Engineer Salary 2 - 5 years exp. (14 salaries)	₹2 L/yr - ₹5 L/yr 14% more
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Tata Motors Industrial Engineer Salary 0 - 4 years exp. (13 salaries)	₹1.4 L/yr - ₹5.7 L/yr At par
Ford Motor Industrial Engineer Salary 3 - 26 years exp. (12 salaries)	₹5 L/yr - ₹15 L/yr 280% more
Force Motors Industrial Engineer Salary 0 - 10 years exp. (9 salaries)	₹4 L/yr - ₹6 L/yr 57% more	1 job opening
Škoda Auto Volkswagen Industrial Engineer Salary 0 - 9 years exp. (9 salaries)	₹3 L/yr - ₹10.5 L/yr 112% more
Escorts Kubota Limited Industrial Engineer Salary 1 - 3 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 29% less
VE Commercial Vehicles Industrial Engineer Salary 4 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹7.3 L/yr 64% more
CNH Industrial Industrial Engineer Salary 1 - 4 years exp. (5 salaries)	₹3.2 L/yr - ₹5.3 L/yr 48% more
Hero MotoCorp Industrial Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.5 L/yr - ₹10.5 L/yr 134% more
Bajaj Auto Industrial Engineer Salary 6 - 11 years exp. (4 salaries)	₹6.6 L/yr - ₹13 L/yr 213% more
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Tafe Motors & Tractors Industrial Engineer Salary 7 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 83% more
Maruti Suzuki Industrial Engineer Salary 3 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹5.1 L/yr 69% more
TVS Motor Industrial Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹11 L/yr 138% more

Industrial Engineer salary at Hero Cycles ranges between ₹2.7 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Hero Cycles.

Experience wise Hero Cycles Industrial Engineer salaries

Last Updated: 22 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Hero Cycles

Electrical Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Production Engineer Salary

(28 salaries)

₹2 L/yr - ₹3.75 L/yr

Assistant Engineer Salary

(12 salaries)

₹2.05 L/yr - ₹4 L/yr

Quality Engineer Salary

(18 salaries)

₹2.05 L/yr - ₹3.6 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(19 salaries)

₹1.8 L/yr - ₹3.05 L/yr

Senior Engineer Salary

(50 salaries)

₹3.1 L/yr - ₹6.3 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Maintenance Engineer Salary

(5 salaries)

₹4.4 L/yr - ₹4.8 L/yr

Process Engineer Salary

(5 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Salary related reviews for Hero Cycles

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Ludhiana

Full Time

Procurement & Supply Chain Department

2.0

• posted on 02 Jan 2024

4.0

for Salary and Benefits

Likes

Salary on time.

Salary - Good

Dislikes

Disturbed both personal and work life. Abusive working culture. Seniors have no manners to talk with team due very bad temperament. Poor leadership. Negligence of top management. No values of your skills. HR policies are not equal and not declared properly.

Skill development - Bad

+5 more

Assistant Engineer

Quality Assurance Department

4.0

• posted on 13 May 2018

4.0

for Salary and Benefits

Likes

...he help of brass wire.cycle rim manufaturing&bicycles assembly with their parts. company pay salary on time at 7thevery month.traveling allowance every year in april.welding section area is so large. every shop have fan&exiting fan for environment.company ask kaizen to every employee&give pramotion for good kaizen.working life is good. every employee work in team&dedicated to his job.

Salary - Good

+5 more

Dislikes

Every company have some politics. It have also.but not bad politics

Purchase Engineer in Ludhiana

Full Time

Procurement & Supply Chain Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing to like.. Even they are fraud. Unnecessary salary deduction. Our salary is 15000 inhand but recive 10000/- only. This is my opinion for everyone don't go in Hero Cycle.

Dislikes

1) No salary slip, no banifits no respond from HR or your management. Every body fraud. 2) Issue in onus which is not receive last year and current after fulland final they told me you give us 14000/-. They are begging like begger. 2) Poor Working Culture 4) Sunday working and no holiday in any event. 5) No increment, partiality, Heavy politics and no future. Note :- If you want to spoil your life then consider Hero Cycles.

Salary - Bad

+6 more

Area Sales Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 28 Sep 2022

2.0

for Salary and Benefits

Likes

Market leader in terms of sales numbers in branded cycle industry. On time Salary.

Dislikes

Very unstable working culture. No proper working policies for Market as well as for employees. Payout is very-very low according to workload and sales pressure. No on the job training. HR dept. is just like puppet. No support from Senior management, they will treat you like a slave. Specially your reporting manager. Very unprofessional person I have ever seen in my career. He will abuse you using personal matter. Your job will depend on your sales numbers only. Forget about your personal life and family. All in all a big Lala company. Worst nightmare of my life working in this company. Think thrice before joining this company.

Salary - Poor

+6 more

Assistant Manager in Ludhiana

Full Time

Research & Development Department

5.0

• posted on 27 May 2022

3.0

for Salary and Benefits

Likes

Flexible timing, Work life balance, no late hours working

Work-life balance - Excellent

Dislikes

Salary is decent but no carrier growth, company is working with vendors most of them are there relatives so working as per there own conditions. HR not doing any induction program. Work system or laptop not allotted to newly joining,

Skill development - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Hero Cycles Industrial Engineer Salary FAQs

What is the salary of Industrial Engineer at Hero Cycles ?

The average salary of a Industrial Engineer at Hero Cycles in India typically ranges from ₹2.7 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Industrial Engineer at Hero Cycles earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Industrial Engineer Salaries at Hero Cycles 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 Hero Cycles employees in India.

What is the estimated take home salary of a Industrial Engineer at Hero Cycles in India?

The estimated take-home salary of a Industrial Engineer at Hero Cycles in India typically ranges from ₹20,946 to ₹22,595 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 Hero Cycles. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero Cycles for Industrial Engineer in India?

Ford Motor	₹5.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Auto	₹6.6 Lakhs to ₹13.0 Lakhs per year
TVS Motor	₹2.4 Lakhs to ₹11.0 Lakhs per year
Hero MotoCorp	₹1.5 Lakhs to ₹10.5 Lakhs per year
Škoda Auto Volkswagen	₹3.0 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Industrial Engineer in companies similar to Hero Cycles in India?

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

Tafe Motors & Tractors	₹4.5 Lakhs to ₹6.0 Lakhs per year
Mahindra & Mahindra	₹1.5 Lakhs to ₹10.0 Lakhs per year
Maruti Suzuki	₹4.8 Lakhs to ₹5.1 Lakhs per year
VE Commercial Vehicles	₹3.1 Lakhs to ₹7.3 Lakhs per year
Force Motors	₹4.0 Lakhs to ₹6.0 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 Industrial Engineer at Hero Cycles in India?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.8 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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Hero Cycles Industrial Engineer Salaries

Hero Cycles Industrial Engineer salary in India ranges between ₹2.7 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hero Cycles latest salaries received from various employees of Hero Cycles.