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Hofincons Infotech & Industrial Services

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3.9

based on 220 Reviews

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Hofincons Infotech & Industrial Services Mechanical Engineer salaries in Rayagada

Annual salary range
3 - 6 years exp.
₹3 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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29% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Last Updated: 18 Oct 2024

Companies similar to Hofincons Infotech & Industrial Services for Mechanical Engineer in Rayagada

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Hofincons Infotech & Industrial Services Mechanical Engineer Salary

3 - 6 years exp. (4 salaries)
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₹3 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JK Paper Mechanical Engineer Salary

2 - 5 years exp. (10 salaries)
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₹5 L/yr - ₹6.6 L/yr

arrow icon 79% more
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Quess Mechanical Engineer Salary

2 - 9 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 8% more
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Utkal Alumina International Mechanical Engineer Salary

3 - 5 years exp. (3 salaries)
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 19% more
Mechanical Engineer salary at Hofincons Infotech & Industrial Services ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Hofincons Infotech & Industrial Services.

Latest annual salaries shared by Hofincons Infotech & Industrial Services Mechanical Engineer in Rayagada

5mo ago
₹3.5 Lakhs
6 years exp.
1y ago
₹3.5 Lakhs
5 years exp.

Experience wise Hofincons Infotech & Industrial Services Mechanical Engineer salaries in Rayagada

Last Updated: 18 Oct 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Hofincons Infotech & Industrial Services

Senior Engineer Salary
(3 salaries)
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₹4.56 L/yr - ₹6.8 L/yr

Salary related reviews for Hofincons Infotech & Industrial Services

Material Engineer in Chennai

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 12 Aug 2024
1.0
 for  Salary and Benefits

Likes

No likes

Dislikes

...ll Esic hospitals details.my worst time is worked as a employee in this company.i want to tell something starting salary in this company is 10000rs till now.

read more
  • Salary - Bad
    • +6 more

Senior HR Executive in Bhubaneswar

Full Time

 · 

Human Resources Department

4.0
  •  posted on 05 Jun 2022
1.0
 for  Salary and Benefits

Likes

Current Management is not good for employee's job satisfaction and even payable statutory benefits are on hold without any advance notification.

read more

Dislikes

New Management is not addressing our issues and even least bother to pay our benefits.

read more
  • Salary - Bad
    • +5 more

B E Mechanical Engineer in Jamshedpur

Production, Manufacturing & Engineering Department

4.0
  •  posted on 24 Dec 2020
4.0
 for  Salary and Benefits

Likes

...agement is transparent.There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
    • +6 more

Electrical Maintenance Engineer in Bangalore / Bengaluru

Coimbatore Department

4.0
  •  posted on 24 Oct 2018
3.0
 for  Salary and Benefits

Likes

Actually it's a Fesility

  • Skill development - Good
    • +2 more

Dislikes

...t lot about how to manage with team Technician...and I learnt lots Technically.. They not Giving me better salary..and other aspects are not bad...

read more

Mechanical Maintenance Fitter in Chennai

Production, Manufacturing & Engineering Department

4.0
  •  posted on 12 Jul 2018
4.0
 for  Salary and Benefits

Likes

my team so best team because honesty,hardworking and good manners. company paid salary in timely. compansation is decent.company follows comp. act of state/central govt.

read more
  • Salary - Good
    • +3 more

Dislikes

increment so poor. growth is very slow.

  • Job security - Poor
see more salary related reviews

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Hofincons Infotech & Industrial Services Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada?
The average salary of a Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada typically ranges from ₹3.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Mechanical Engineer in Rayagada at Hofincons Infotech & Industrial Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engineer Salaries at Hofincons Infotech & Industrial Services 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 Hofincons Infotech & Industrial Services employees in India.
What is the estimated take home salary of a Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada?
The estimated take-home salary of a Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada typically ranges from ₹25,363 to ₹26,796 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.5 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 4 salaries received from various employees of Hofincons Infotech & Industrial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Hofincons Infotech & Industrial Services for Mechanical Engineer in India?
JK Paper ₹5.0 Lakhs to ₹6.6 Lakhs per year
Utkal Alumina International ₹2.4 Lakhs to ₹4.2 Lakhs per year
Quess ₹2.5 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hofincons Infotech & Industrial Services, depending on the role and experience level.
How the salary growth look like for a Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada?
The salary growth for a Mechanical Engineer at Hofincons Infotech & Industrial Services in Rayagada depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Rayagada can expect the following growth trajectory at Hofincons Infotech & Industrial Services:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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Hofincons Infotech & Industrial Services Mechanical Engineer salary in Rayagada ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Hofincons Infotech & Industrial Services latest salaries received from various employees of Hofincons Infotech & Industrial Services.