Hero Electric Ludhiana Production Engineer Salaries by 5 Employees

3 - 6 years exp.

₹3.4 Lakhs - ₹5.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% more than the average Production Engineer Salary in Automobile Companies for 3 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Hero Electric for Production Engineer in Ludhiana

Hero Electric Production Engineer Salary

3 - 6 years exp. (5 salaries)

₹3.4 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Moonlight Auto Production Engineer Salary 3 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹3.6 L/yr 27% less
Highway Industries Production Engineer Salary 1 - 8 years exp. (42 salaries)	₹2 L/yr - ₹6 L/yr 4% more
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Happy Forging Production Engineer Salary 1 - 5 years exp. (31 salaries)	₹2.4 L/yr - ₹5.5 L/yr 3% less
Hero Cycles Production Engineer Salary 1 - 4 years exp. (24 salaries)	₹2 L/yr - ₹3.8 L/yr 28% less
Ralson Tyres Limited Production Engineer Salary 2 - 9 years exp. (21 salaries)	₹2.2 L/yr - ₹5 L/yr 10% less

Production Engineer salary at Hero Electric ranges between ₹3.4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Hero Electric.

Experience wise Hero Electric Production Engineer salaries in Ludhiana

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Hero Electric

Senior Engineer Salary

(9 salaries)

₹3.75 L/yr - ₹7.2 L/yr

Quality Engineer Salary

(6 salaries)

₹2.1 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.12 L/yr

Salary related reviews for Hero Electric

Assistant Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 02 Jul 2023

2.0

for Salary and Benefits

Likes

Decent Work Life Balance, Good Support from Management until you work there.

Job security - Good

Dislikes

Current Situation of company is not good, it is already blacklisted from FAME 2 subsidy due to cheating the government. There has been no increment for past 2 years now and company still wants people to not leave. They do not accept or reject resignation, will not fulfill the F&F process and create unnecessary issues.

Salary - Poor

+3 more

Finance Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

5.0

• posted on 31 Dec 2022

4.0

for Salary and Benefits

Likes

Good work culture. It’s employee friendly organisation. You will feel good here. They consider human life value, during Covid period in 2020 we worked around 7 months from home continuously. Promoters (specifically Mr. Naveen Munjal) are really good human beings.

Salary - Good

+6 more

Dislikes

Treatment for factory staff is on little lower side in comparison to Gurugram office where I served. But still very good place to work.

Assistant Manager in Ludhiana

Production, Manufacturing & Engineering Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

It's been 8 years since I am working with Hero Electric & It was a great experience to work with Such employee oriented Company, learning at this platform is amazing, working with the organization is adorable & Management treats as an Hero Electric Family under Hero Care policy. Would like to give 10/10 rating & a Great place to Work With teammates are Supportive and the management is transparent.

Salary - Excellent

+6 more

Dislikes

Till the time of my experience of 8 years I didn't feel anything unusual. Seniors & Management is cooperative, feel free to express views.

Service Engineer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 13 Sep 2022

5.0

for Salary and Benefits

Likes

It is a wonderful experience working with this organization. All the Teams are very supportive and approachable so the work culture very smooth. I would like to thanks my Seniors & Colleagues who have made my journey with this organization easy. Thanks #Heroelectric

Salary - Excellent

+6 more

Dislikes

Everything is perfect 👍

Senior Engineer in Ludhiana

Production, Manufacturing & Engineering Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

In ludhiana, hero electric is the best place to accelerate your carrer. Infact the best thing about hero electric is the challenges that keeps you busy all day along.

Salary - Excellent

+6 more

Dislikes

Well as i said, the best place to work

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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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Hero Electric Production Engineer Salary FAQs

What is the salary of Production Engineer at Hero Electric in Ludhiana?

The average salary of a Production Engineer at Hero Electric in Ludhiana typically ranges from ₹3.4 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Production Engineer in Ludhiana at Hero Electric earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Production Engineer Salaries at Hero Electric 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 Electric employees in India.

What is the estimated take home salary of a Production Engineer at Hero Electric in Ludhiana?

The estimated take-home salary of a Production Engineer at Hero Electric in Ludhiana typically ranges from ₹31,298 to ₹32,593 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 3 years to 6 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 Electric. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero Electric for Production Engineer in India?

Highway Industries

₹2.0 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Production Engineer in companies similar to Hero Electric in Ludhiana?

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

Happy Forging	₹2.4 Lakhs to ₹5.5 Lakhs per year
Ralson Tyres Limited	₹2.2 Lakhs to ₹5.0 Lakhs per year
Moonlight Auto	₹2.5 Lakhs to ₹3.6 Lakhs per year
Hero Cycles	₹2.0 Lakhs to ₹3.8 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 Production Engineer at Hero Electric in Ludhiana?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Hero Electric Production Engineer Salaries in Ludhiana

Hero Electric Production Engineer salary in Ludhiana ranges between ₹3.4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hero Electric latest salaries received from various employees of Hero Electric.