Hofincons Group Instrument Engineer Salaries by 7 Employees

4 - 9 years exp.

₹2.3 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Instrument Engineer Salary in Financial Services Companies for 4 - 9 years of experience

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Last Updated: 4 Oct 2024

Companies similar to Hofincons Group for Instrument Engineer

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Instrument Engineer Salary 1 - 11 years exp. (447 salaries)	₹3.4 L/yr - ₹13.2 L/yr 143% more
Aarti Industries Instrument Engineer Salary 3 - 8 years exp. (96 salaries)	₹3.2 L/yr - ₹7.8 L/yr 71% more
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Worley Instrument Engineer Salary 2 - 13 years exp. (94 salaries)	₹5.2 L/yr - ₹18.7 L/yr 232% more	4 job openings
Power Mech Projects Instrument Engineer Salary 2 - 11 years exp. (78 salaries)	₹2.3 L/yr - ₹7 L/yr 39% more
UltraTech Cement Instrument Engineer Salary 7 - 15 years exp. (77 salaries)	₹3.5 L/yr - ₹12.5 L/yr 153% more

Instrument Engineer salary at Hofincons Group ranges between ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Hofincons Group.

Experience wise Hofincons Group Instrument Engineer salaries

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for Hofincons Group

Electrical Supervisor in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

In my current site be a great thank full to my head of company because this area learning things lot of available here and work environment its a very good conditions and last thing co workers also good

Skill development - Good

+5 more

Dislikes

Salary wise worst otherwise its a good company

Mechanical Engineer in Chennai

Function and Erection Department

3.0

• posted on 01 Oct 2017

3.0

for Salary and Benefits

Likes

The company is good to adapt the knowledge of execution in mechanical but they don't be the perfect one at the process of salary, it will be not good to survive in all over India .They should be mind that and increase the salary for these peoples who doing the job as a site engineer.

Skill development - Excellent

+2 more

Dislikes

Less job security and not able to do a life balance job.And low salary is very big issue on this company.

Promotions - Poor

+1 more

Senior Safety Officer in UAIL, Rayagada, Odisha

Full Time

Environment Health & Safety Department

5.0

• posted on 13 May 2022

4.0

for Salary and Benefits

Likes

Its culture is more enthusiastic, Teammates are more supportive, management transparent. Company policy is good and also safety culture is more elicit so that it helps to gain the better mind set for the betterment of Hofincons.

Salary - Good

+6 more

Dislikes

Management transparent but need more frequent at the assignment. Salary is decent but carrier growth is slow.

Senior Engineer in Korba

Project & Program Management Department

5.0

• posted on 14 Feb 2018

4.0

for Salary and Benefits

Likes

Basically in India salaries are not paid in time but the company has a good reputation in salary payments. You can enjoy working in it.

Salary - Good

+6 more

Dislikes

Nothing -As Mr.Abdul Khalam said -Love your work and not your company - So working is enjoyable when you sincerely work

Head Of Department Electrical And Instrumentation in Goa

Production, Manufacturing & Engineering Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security depending on contract so rate Average, job culture good due to full responsibility with freedom also backup , company policy good but after lockdown some problems occurred as informed to low payment and not allowed for job joining and till jobless

Skill development - Good

+4 more

Dislikes

Dislike as low job security while contract end with company or any problems, employee to be shifted or to be transferred to other company by Hofincons company but after lockdown same problem I faced

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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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Hofincons Group Instrument Engineer Salary FAQs

What is the salary of Instrument Engineer at Hofincons Group ?

The average salary of a Instrument Engineer at Hofincons Group in India typically ranges from ₹2.3 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Instrument Engineer at Hofincons Group earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Instrument Engineer Salaries at Hofincons Group 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 7 Hofincons Group employees in India.

What is the estimated take home salary of a Instrument Engineer at Hofincons Group in India?

The estimated take-home salary of a Instrument Engineer at Hofincons Group in India typically ranges from ₹23,245 to ₹24,710 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 4 years to 9 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 7 salaries received from various employees of Hofincons Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hofincons Group for Instrument Engineer in India?

Worley	₹5.2 Lakhs to ₹18.7 Lakhs per year
UltraTech Cement	₹3.5 Lakhs to ₹12.5 Lakhs per year
Reliance Industries	₹3.4 Lakhs to ₹13.2 Lakhs per year
Aarti Industries	₹3.2 Lakhs to ₹7.8 Lakhs per year
Power Mech Projects	₹2.3 Lakhs to ₹7.0 Lakhs per year

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

How the salary growth look like for a Instrument Engineer at Hofincons Group in India?

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

Experience	Average Salary Range
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
7 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Hofincons Group Instrument Engineer Salaries

Hofincons Group Instrument Engineer salary in India ranges between ₹2.3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Hofincons Group latest salaries received from various employees of Hofincons Group.