Hofinsoft Technologies Chennai Material Engineer Salaries by 10+ Employees (Updated 2024)

1 - 5 years exp.

₹1.7 Lakh - ₹3.4 Lakhs

Salary of majority employees

43% less than the average Material Engineer Salary for 1 - 5 years of experience

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Salaries in different departments

Procurement & Supply Chain Material Engineer Salary 1 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹3.4 L/yr
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Engineering - Hardware & Networks Material Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Hofinsoft Technologies for Material Engineer in Chennai

Hofinsoft Technologies Material Engineer Salary

1 - 5 years exp. (12 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Prumatech Infosystems Material Engineer Salary 1 - 7 years exp. (55 salaries)	₹1 L/yr - ₹4 L/yr 25% more
Hofincons Infotech & Industrial Services Material Engineer Salary 1 - 5 years exp. (23 salaries)	₹1.3 L/yr - ₹3 L/yr 5% less
Login to view exact salary
Infoplus Technologies Material Engineer Salary 0 - 5 years exp. (18 salaries)	₹1 L/yr - ₹2.5 L/yr 24% less
Coda Technology Solutions Material Engineer Salary 0 - 6 years exp. (16 salaries)	₹1.2 L/yr - ₹5 L/yr 34% more
Sl Lumax Material Engineer Salary 1 - 10 years exp. (10 salaries)	₹1.3 L/yr - ₹6.2 L/yr 53% more

Material Engineer salary at Hofinsoft Technologies ranges between ₹1.7 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Hofinsoft Technologies.

Experience wise Hofinsoft Technologies Material Engineer salaries in Chennai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.7 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.4 L/yr
4 years (3 salaries)	₹2 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.3 L/yr

Salary related reviews for Hofinsoft Technologies

5.0

Rated by 1 employees for salary & benefits

Asset Manager in Chennai

Consulting Department

2.0

• posted on 25 Feb 2019

2.0

for Salary and Benefits

Likes

I am Part of Operation team. work environment is good.

Dislikes

They will not pay salary monthly. when the project money is coming that time only pay. It may vary 3 to 6 Months. they will Pay monthly 10 thousand only for middle management. top maangement won't get it.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hofinsoft Technologies Material Engineer Salary FAQs

What is the salary of Material Engineer at Hofinsoft Technologies Chennai?

Material Engineer salary at Hofinsoft Technologies in Chennai ranges between ₹1.7 Lakhs to ₹3.4 Lakhs for experience between 1 years to 5 years. According to our estimates it is 43% less than the average Material Engineer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Hofinsoft Technologies Chennai.

How does the salary of a Material Engineer at Hofinsoft Technologies Chennai compare with the average salary range for this job?

The average salary of a Material Engineer at Hofinsoft Technologies is 43% less than the average salary of a Material Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Hofinsoft Technologies to a Material Engineer in Chennai?

Sl Lumax Material Engineer Salary - ₹1.3 Lakhs to ₹6.2 Lakhs per year
Coda Technology Solutions Material Engineer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Prumatech Infosystems Material Engineer Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Material Engineer in companies similar to Hofinsoft Technologies in Chennai?

Hofincons Infotech & Industrial Services Material Engineer Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
Infoplus Technologies Material Engineer Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Material Engineer at Hofinsoft Technologies in Chennai?

The estimated take-home salary of a Material Engineer at Hofinsoft Technologies ranges between ₹15,423 per month to ₹17,027 per month in Chennai. The take-home salary calculation is based on the average Hofinsoft Technologies Material Engineer salary in India which ranges between ₹1.7 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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Hofinsoft Technologies Material Engineer Salaries in Chennai

Hofinsoft Technologies Material Engineer salary in Chennai ranges between ₹1.7 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Hofinsoft Technologies latest salaries received from various employees of Hofinsoft Technologies.

Hofinsoft Technologies Material Engineer salaries in Chennai