Hofincons Group Senior Engineer Materials Salaries by 3 Employees

8 - 15 years exp.

₹3.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Engineer Materials Salary in Financial Services Companies for 8 - 15 years of experience

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Salaries in different departments

Procurement & Supply Chain Senior Engineer Materials Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹18 L/yr
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Project & Program Management Senior Engineer Materials Salary 15 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 16 Aug 2023

Companies similar to Hofincons Group for Senior Engineer Materials

Company name	Avg Annual Salary	Open Jobs
Prumatech Infosystems Senior Engineer Materials Salary 2 - 10 years exp. (16 salaries)	₹2.5 L/yr - ₹5.9 L/yr 55% less
Coda Technology Solutions Senior Engineer Materials Salary 3 - 11 years exp. (16 salaries)	₹2.4 L/yr - ₹13 L/yr 17% less
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Infoplus Technologies Senior Engineer Materials Salary 3 - 13 years exp. (14 salaries)	₹2.5 L/yr - ₹6.2 L/yr 56% less
Tractors and Farm Equipment Senior Engineer Materials Salary 3 - 10 years exp. (9 salaries)	₹4 L/yr - ₹7.5 L/yr 33% less
Leonex Systems Senior Engineer Materials Salary 11 - 15 years exp. (7 salaries)	₹3.6 L/yr - ₹9 L/yr 30% less

Senior Engineer Materials salary at Hofincons Group ranges between ₹3.5 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Hofincons Group.

Experience wise Hofincons Group Senior Engineer Materials salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Hofincons Group

Inventory Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Inventory Supervisor Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

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

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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Hofincons Group Senior Engineer Materials Salary FAQs

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

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

Experience	Average Salary Range
8 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
12 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
15 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Hofincons Group Senior Engineer Materials Salaries

Hofincons Group Senior Engineer Materials salary in India ranges between ₹3.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Hofincons Group latest salaries received from various employees of Hofincons Group.