Hofincons Group Senior Engineer Salaries by 6 Employees

8 - 12 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Senior Engineer Salary in Financial Services Companies for 8 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Engineer Salary 9 - 10 years exp. (3 salaries)	₹4 L/yr - ₹5.1 L/yr
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Procurement & Supply Chain Senior Engineer Salary 8 - 12 years exp. (3 salaries)	₹4.4 L/yr - ₹4.5 L/yr

Last Updated: 26 Jul 2023

Companies similar to Hofincons Group for Senior Engineer

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JLL Senior Engineer Salary 5 - 10 years exp. (114 salaries)	₹3.5 L/yr - ₹7.8 L/yr 16% more
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Morgan Stanley Senior Engineer Salary 5 - 11 years exp. (13 salaries)	₹20 L/yr - ₹45 L/yr 581% more
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HSBC Group Senior Engineer Salary 4 - 10 years exp. (9 salaries)	₹7.8 L/yr - ₹24 L/yr 221% more
BNY Senior Engineer Salary 4 - 9 years exp. (8 salaries)	₹11.3 L/yr - ₹27.1 L/yr 262% more
BNP Paribas Senior Engineer Salary 3 - 8 years exp. (8 salaries)	₹10 L/yr - ₹27.7 L/yr 237% more
Fidelity Investments Senior Engineer Salary 4 - 7 years exp. (5 salaries)	₹8.3 L/yr - ₹22 L/yr 220% more
Citicorp Senior Engineer Salary 4 - 10 years exp. (7 salaries)	₹17 L/yr - ₹30 L/yr 480% more
FactSet Senior Engineer Salary 3 - 6 years exp. (5 salaries)	₹16.4 L/yr - ₹20 L/yr 300% more
Bajaj Finserv Senior Engineer Salary 3 - 7 years exp. (3 salaries)	₹8.5 L/yr - ₹23 L/yr 250% more

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Senior Engineer salary at Hofincons Group ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Hofincons Group.

Experience wise Hofincons Group Senior Engineer salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
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10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Hofincons Group

Junior Engineer Salary

(10 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Project Engineer Salary

(6 salaries)

₹3.5 L/yr - ₹6 L/yr

Assistant Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Site Incharge Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Site Supervisor Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Hofincons Group

5.0

Rated by 2 employees for salary & benefits

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

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.

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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Hofincons Group Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Hofincons Group ?

The average salary of a Senior Engineer at Hofincons Group in India typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Senior Engineer at Hofincons Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior 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 6 Hofincons Group employees in India.

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

The estimated take-home salary of a Senior Engineer at Hofincons Group in India typically ranges from ₹34,088 to ₹35,341 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 6 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 Senior Engineer in India?

American Express	₹17.9 Lakhs to ₹57.0 Lakhs per year
JPMorgan Chase & Co.	₹14.0 Lakhs to ₹46.0 Lakhs per year
Morgan Stanley	₹20.0 Lakhs to ₹45.0 Lakhs per year
Northern Trust Operating Services	₹10.0 Lakhs to ₹40.0 Lakhs per year
Aon	₹16.0 Lakhs to ₹40.0 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.

What is the salary of a Senior Engineer in companies similar to Hofincons Group in India?

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

Citicorp	₹17.0 Lakhs to ₹30.0 Lakhs per year
Wells Fargo	₹9.1 Lakhs to ₹37.6 Lakhs per year
UBS	₹11.0 Lakhs to ₹30.0 Lakhs per year
FactSet	₹16.4 Lakhs to ₹20.0 Lakhs per year
BNY	₹11.3 Lakhs to ₹27.1 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 Hofincons Group in India?

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

Experience	Average Salary Range
8 years	₹4.5 Lakhs to ₹8.2 Lakhs per year
9 years	₹4.0 Lakhs to ₹8.2 Lakhs per year
10 years	₹4.5 Lakhs to ₹5.0 Lakhs per year
11 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Hofincons Group Senior Engineer Salaries

Hofincons Group Senior Engineer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hofincons Group latest salaries received from various employees of Hofincons Group.