Honeywell Automation Component Engineer Salaries by 4 Employees

2 - 10 years exp.

₹7.3 Lakhs - ₹8.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% more than the average Component Engineer Salary in Industrial Automation Companies for 2 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Component Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr
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Procurement & Supply Chain Component Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8 L/yr

Last Updated: 13 Mar 2023

Companies similar to Honeywell Automation for Component Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Component Engineer Salary 0 - 8 years exp. (50 salaries)	₹3.2 L/yr - ₹11.6 L/yr 10% less	3 job openings
Schneider Electric Component Engineer Salary 2 - 7 years exp. (10 salaries)	₹3.9 L/yr - ₹11 L/yr 7% more
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Ametek Instruments India Component Engineer Salary 5 - 9 years exp. (10 salaries)	₹5 L/yr - ₹9.9 L/yr 2% less	1 job opening
Johnson Controls Component Engineer Salary 4 - 7 years exp. (8 salaries)	₹8.9 L/yr - ₹12.6 L/yr 42% more
Rockwell Automation Component Engineer Salary 3 - 11 years exp. (6 salaries)	₹7.1 L/yr - ₹11.1 L/yr 5% more

Component Engineer salary at Honeywell Automation ranges between ₹7.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Honeywell Automation.

Experience wise Honeywell Automation Component Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Salary related reviews for Honeywell Automation

4.0

Rated by 1 employees for salary & benefits

Project Engineer in Chennai

Full Time

Other Department

5.0

• posted on 02 Sep 2024

3.0

for Salary and Benefits

Likes

* Excellent company to work with. * Perfect work life balance. * 100% job security assurance

Skill development - Excellent

+4 more

Dislikes

* Delayed promotion due to favouritism * Salary is higher for new comers and freshers compared to existing employees. Standard pay scale is not maintained * Site compensations are not competitive

Design Engineer in Gurgaon / Gurugram

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 17 Mar 2024

1.0

for Salary and Benefits

Likes

Just a big brand name.

Dislikes

...tics and politics.just a big brand... culture is more worst that a lala company.no bonus,no gift, nothing.10% salary deduction in the name of Honeywell policy, people talk like fish market, every one shouting on each other,worst company in my currier and worst decision taken by me.no working hours,u have to stay till 10,11,12 of night,some time full night.

Salary - Bad

+6 more

Lead Engineer in Pune

Construction & Site Engineering Department

3.0

• posted on 22 Dec 2021

1.0

for Salary and Benefits

Likes

Management is very poor. They don't care about employees.

Skill development - Good

+1 more

Dislikes

Good team spirits. Very poor salary provided. Management want you to know everything about DCS, SM, networking, etc. without sufficient training.

Salary - Bad

+2 more

Senior Engineer in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 05 Feb 2019

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am part of a team that marktes reliable , high quality product. As a result I get to travel abroad especially to the abudhabi Dubai Saudi. But on site tarvel is completely depends on ur project and client location. I also like the employee rehire poilcy here

Salary - Excellent

+6 more

Dislikes

Only salary hike slowly

Software Engineer2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Few teams have good learning curve. Flexible timings at office

Dislikes

... of year on year hike. I didn't see my work speak anytime during my tenure here. No flexible component in compensation as well, very less benefits.

Salary - Poor

+3 more

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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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Honeywell Automation Component Engineer Salary FAQs

What is the salary of Component Engineer at Honeywell Automation ?

The average salary of a Component Engineer at Honeywell Automation in India typically ranges from ₹7.3 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Component Engineer at Honeywell Automation earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Component Engineer Salaries at Honeywell Automation 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 Honeywell Automation employees in India.

What is the estimated take home salary of a Component Engineer at Honeywell Automation in India?

The estimated take-home salary of a Component Engineer at Honeywell Automation in India typically ranges from ₹57,046 to ₹58,479 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 Honeywell Automation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Honeywell Automation for Component Engineer in India?

Johnson Controls	₹8.9 Lakhs to ₹12.6 Lakhs per year
Schneider Electric	₹3.9 Lakhs to ₹11.0 Lakhs per year
Rockwell Automation	₹7.1 Lakhs to ₹11.1 Lakhs per year

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

What is the salary of a Component Engineer in companies similar to Honeywell Automation in India?

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

Ametek Instruments India	₹5.0 Lakhs to ₹9.9 Lakhs per year
Siemens	₹3.2 Lakhs to ₹11.6 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 Component Engineer at Honeywell Automation in India?

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

Experience	Average Salary Range
2 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
8 years	₹6.6 Lakhs to ₹8.4 Lakhs per year
10 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Honeywell Automation Component Engineer Salaries

Honeywell Automation Component Engineer salary in India ranges between ₹7.3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Honeywell Automation latest salaries received from various employees of Honeywell Automation.

Honeywell Automation Component Engineer salaries in India

Companies similar to Honeywell Automation for Component Engineer

Latest annual salaries shared by Honeywell Automation Component Engineer

Experience wise Honeywell Automation Component Engineer salaries

Similar Designation salaries in Honeywell Automation

Salary related reviews for Honeywell Automation

Project Engineer in Chennai

Design Engineer in Gurgaon / Gurugram

Lead Engineer in Pune

Senior Engineer in Pune

Software Engineer2 in Bangalore / Bengaluru

Honeywell Automation Component Engineer Salary FAQs

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