ICONS Engineering Services Hyderabad / Secunderabad Mechanical Engineer Salaries by 4 Employees

0 - 1 year exp.

₹1.5 Lakh - ₹2.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% less than the average Mechanical Engineer Salary for 0 - 1 year of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
Engineering - Software & QA Mechanical Engineer Salary Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Research & Development Mechanical Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 16 Nov 2023

Companies similar to ICONS Engineering Services for Mechanical Engineer in Hyderabad / Secunderabad

ICONS Engineering Services Mechanical Engineer Salary

0 - 1 year exp. (4 salaries)

₹1.5 L/yr - ₹2.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Mechanical Engineer Salary 1 - 7 years exp. (16 salaries)	₹3.3 L/yr - ₹6 L/yr 148% more	2 job openings
TCS Mechanical Engineer Salary 2 - 9 years exp. (5 salaries)	₹3.8 L/yr - ₹12 L/yr 249% more
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Tata Motors Mechanical Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 82% more
ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3.1 L/yr 51% more
Megha Engineering & Infrastructures Mechanical Engineer Salary 1 - 10 years exp. (201 salaries)	₹2.2 L/yr - ₹7.3 L/yr 134% more

Mechanical Engineer salary at ICONS Engineering Services ranges between ₹1.5 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of ICONS Engineering Services.

Experience wise ICONS Engineering Services Mechanical Engineer salaries in Hyderabad / Secunderabad

Last Updated: 16 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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1 year (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr

Similar Designation salaries in ICONS Engineering Services

Electrical Engineer Salary

(6 salaries)

₹3 L/yr - ₹6.2 L/yr

Salary related reviews for ICONS Engineering Services

Senior Piping Engineer in Hyderabad / Secunderabad

Full Time

Piping Engineering Department

3.0

• posted on 07 Dec 2021

1.0

for Salary and Benefits

Likes

You will never find yourself getting pressurized by your seniors/leads for completing your job. You are effective enough you can go on time.

Job security - Excellent

+1 more

Dislikes

Salary growth, bonus, skill development, and unresolved issues.

Salary - Bad

+3 more

Process Head in Hyderabad / Secunderabad

Project & Program Management Department

5.0

• posted on 01 Aug 2020

4.0

for Salary and Benefits

Likes

They are doing their best to keep operations by working from home and utilising time for skill devolepment of young engineers and catering to needs of existing clients. Very focused management.

Salary - Good

+6 more

Dislikes

The situation is bad due to covid but management works overboard to satisfy clients requirements.

see more salary related reviews

Top trending discussions

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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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ICONS Engineering Services Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad?

The average salary of a Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad typically ranges from ₹1.5 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Mechanical Engineer in Hyderabad / Secunderabad at ICONS Engineering Services earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Mechanical Engineer Salaries at ICONS Engineering 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 ICONS Engineering Services employees in India.

What is the estimated take home salary of a Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad?

The estimated take-home salary of a Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad typically ranges from ₹13,219 to ₹14,632 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 ICONS Engineering Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICONS Engineering Services for Mechanical Engineer in India?

TCS	₹3.8 Lakhs to ₹12.0 Lakhs per year
Tech Mahindra	₹3.3 Lakhs to ₹6.0 Lakhs per year
Megha Engineering & Infrastructures	₹2.2 Lakhs to ₹7.3 Lakhs per year
Tata Motors	₹2.2 Lakhs to ₹4.0 Lakhs per year
ICICI Bank	₹2.6 Lakhs to ₹3.1 Lakhs per year

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

How the salary growth look like for a Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad?

The salary growth for a Mechanical Engineer at ICONS Engineering Services in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at ICONS Engineering Services:

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.1 Lakhs per year
1 year	₹1.5 Lakhs to ₹2.2 Lakhs per year

and so on.

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ICONS Engineering Services Mechanical Engineer Salaries in Hyderabad / Secunderabad

ICONS Engineering Services Mechanical Engineer salary in Hyderabad / Secunderabad ranges between ₹1.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICONS Engineering Services latest salaries received from various employees of ICONS Engineering Services.