HMT Machine Tools Ernakulam Project Associate Salaries by 4 Employees

1 - 6 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Project Associate Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Project Associate Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.3 L/yr
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Research & Development Project Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.3 L/yr

Last Updated: 28 Dec 2023

Companies similar to HMT Machine Tools for Project Associate in Ernakulam

HMT Machine Tools Project Associate Salary

1 - 6 years exp. (4 salaries)

₹2 L/yr - ₹2.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HLL Lifecare Project Associate Salary 0 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 63% more

Project Associate salary at HMT Machine Tools ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HMT Machine Tools.

Experience wise HMT Machine Tools Project Associate salaries in Ernakulam

Last Updated: 28 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

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Similar Designation salaries in HMT Machine Tools

Senior Associate Salary

(3 salaries)

₹1.9 L/yr - ₹1.9 L/yr

Salary related reviews for HMT Machine Tools

Senior Technician in Panchkula

Full Time

Sales & Marketing Department

1.0

• posted on 18 Sep 2022

1.0

for Salary and Benefits

Likes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55 + and all of them waiting for VRS here.

Dislikes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55+ and all of them waiting for VRS here.

Salary - Bad

+6 more

Senior Project Associate in Kochi

Maintenance Department

3.0

• posted on 23 Mar 2020

1.0

for Salary and Benefits

Likes

The best training school for mechanical related streams.

Skill development - Excellent

+1 more

Dislikes

The company was 25 years literally behind in all aspects. Like salary (revision 1997), internal communication systems, management policies, benefits like Overtime wages, perks etc.

Salary - Bad

+3 more

Vice President-Southern Zone in Chennai

Consulting Department

3.0

• posted on 28 Feb 2019

3.0

for Salary and Benefits

Likes

The company gives complete freedom to operate and focussed on getting new business.customer oriented company.

Job security - Good

+1 more

Dislikes

Compensation is poor ,salaries are never on time.employee moral is low.Professionalism is totally missing.

Company culture - Poor

Technician-WG 3 in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

2.0

• posted on 09 Oct 2018

1.0

for Salary and Benefits

Likes

One of the worst and third rated companies to join and spoil your own career and the top management is highly corrupt, can't even imagine.... The top management have swallowed the funds from the government and are not giving retirement benefits to the employees... And facing a lot of legal issues in court.. In total its waste of time and energy as a young generation.....

Job security - Excellent

Dislikes

Salary, basic facilities and people in and around are terrible.... The country workers are buckets of the immediate bosses and all the bosses with in the company... They simply through the young generation as a football from one department to other... They can't even maintain the records of the employees properly... They are very lazy in issuing orders of professionary and permanent with respect to their joining date....

Salary - Bad

+5 more

Program Developer in Kochi

Full Time

Engineering - Software & QA Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing encpuraging to work in the company. Employee relationship with other employees are really bad. No programs to cheer the employees. The inside politocs is also really high. I won't recommend to work there.

Dislikes

Everything.

Salary - Bad

+5 more

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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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HMT Machine Tools Project Associate Salary FAQs

What is the salary of Project Associate at HMT Machine Tools in Ernakulam?

The average salary of a Project Associate at HMT Machine Tools in Ernakulam typically ranges from ₹2.0 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Project Associate in Ernakulam at HMT Machine Tools earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Project Associate Salaries at HMT Machine Tools 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 HMT Machine Tools employees in India.

What is the estimated take home salary of a Project Associate at HMT Machine Tools in Ernakulam?

The estimated take-home salary of a Project Associate at HMT Machine Tools in Ernakulam typically ranges from ₹14,862 to ₹16,417 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of HMT Machine Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HMT Machine Tools for Project Associate in India?

HLL Lifecare

₹2.5 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a Project Associate at HMT Machine Tools in Ernakulam?

The salary growth for a Project Associate at HMT Machine Tools in Ernakulam depends on factors such as experience, performance, and promotions. On average, a Project Associate in Ernakulam can expect the following growth trajectory at HMT Machine Tools:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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HMT Machine Tools Project Associate Salaries in Ernakulam

HMT Machine Tools Project Associate salary in Ernakulam ranges between ₹2 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HMT Machine Tools latest salaries received from various employees of HMT Machine Tools.