Ibex Engineering Bangalore / Bengaluru Production Engineer Salaries by 5 Employees

3 - 8 years exp.

₹3.4 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Production Engineer Salary for 3 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Production Engineer Salary 3 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr
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Project & Program Management Production Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.9 L/yr

Last Updated: 21 Oct 2023

Companies similar to Ibex Engineering for Production Engineer in Bangalore / Bengaluru

Ibex Engineering Production Engineer Salary

3 - 8 years exp. (5 salaries)

₹3.4 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Sansera Engineering Production Engineer Salary 1 - 8 years exp. (90 salaries)	₹2.4 L/yr - ₹6.5 L/yr 21% more
INDO-MIM Production Engineer Salary 0 - 8 years exp. (90 salaries)	₹1.8 L/yr - ₹7.2 L/yr 24% more
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Bosch Production Engineer Salary 0 - 4 years exp. (81 salaries)	₹2 L/yr - ₹5 L/yr 6% less
Wistron Production Engineer Salary 1 - 8 years exp. (58 salaries)	₹1 L/yr - ₹5.5 L/yr 2% more
Nash Industries Production Engineer Salary 2 - 9 years exp. (56 salaries)	₹2 L/yr - ₹5.5 L/yr 10% more

Production Engineer salary at Ibex Engineering ranges between ₹3.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Ibex Engineering.

Experience wise Ibex Engineering Production Engineer salaries in Bangalore / Bengaluru

Last Updated: 21 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

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Similar Designation salaries in Ibex Engineering

Quality Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Production Supervisor Salary

(5 salaries)

₹2.8 L/yr - ₹4 L/yr

Salary related reviews for Ibex Engineering

3.0

Rated by 1 employees for salary & benefits

Production Engineer in Bangalore / Bengaluru

Production Department

4.0

• posted on 20 Mar 2019

3.0

for Salary and Benefits

Likes

Good support is given by the teammates as well as manager. On the job training is excellent, highly suitable for freshers who are looking for career in non-ferrous die casting industry.

Skill development - Good

+4 more

Dislikes

Politics in companies are not a new thing. Politics upto some extent helps in achieving targets and goals. But when things go above the limits it can hamper the smooth operation of day to day activities. Although, that being said, company politics has very little to do as work satisfaction is guaranteed.

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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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Ibex Engineering Production Engineer Salary FAQs

What is the salary of Production Engineer at Ibex Engineering in Bangalore / Bengaluru?

The average salary of a Production Engineer at Ibex Engineering in Bangalore / Bengaluru typically ranges from ₹3.4 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Production Engineer in Bangalore / Bengaluru at Ibex Engineering earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Production Engineer Salaries at Ibex Engineering 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 5 Ibex Engineering employees in India.

What is the estimated take home salary of a Production Engineer at Ibex Engineering in Bangalore / Bengaluru?

The estimated take-home salary of a Production Engineer at Ibex Engineering in Bangalore / Bengaluru typically ranges from ₹26,880 to ₹28,291 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 8 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 5 salaries received from various employees of Ibex Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ibex Engineering for Production Engineer in India?

INDO-MIM	₹1.8 Lakhs to ₹7.2 Lakhs per year
Sansera Engineering	₹2.4 Lakhs to ₹6.5 Lakhs per year
Nash Industries	₹2.0 Lakhs to ₹5.5 Lakhs per year
Wistron	₹1.0 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Production Engineer in companies similar to Ibex Engineering in Bangalore / Bengaluru?

The salary of a Production Engineer at companies similar to Ibex Engineering in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bosch

₹2.0 Lakhs to ₹5.0 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 Production Engineer at Ibex Engineering in Bangalore / Bengaluru?

The salary growth for a Production Engineer at Ibex Engineering in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Production Engineer in Bangalore / Bengaluru can expect the following growth trajectory at Ibex Engineering:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Ibex Engineering Production Engineer Salaries in Bangalore / Bengaluru

Ibex Engineering Production Engineer salary in Bangalore / Bengaluru ranges between ₹3.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ibex Engineering latest salaries received from various employees of Ibex Engineering.