Idex Senior Mechanical Design Engineer Salaries by 4 Employees

4 - 8 years exp.

₹4.5 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Senior Mechanical Design Engineer Salary in Non-Profit Companies for 4 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Mechanical Design Engineer Salary 4 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹8.4 L/yr
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Research & Development Senior Mechanical Design Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 3 Nov 2024

Companies similar to Idex for Senior Mechanical Design Engineer

Company name	Avg Annual Salary	Open Jobs
L&T Technology Services Senior Mechanical Design Engineer Salary 4 - 10 years exp. (91 salaries)	₹5.2 L/yr - ₹10.9 L/yr 14% more
HCLTech Senior Mechanical Design Engineer Salary 2 - 11 years exp. (66 salaries)	₹4 L/yr - ₹11.5 L/yr 10% more
Login to view exact salary
Tech Mahindra Senior Mechanical Design Engineer Salary 4 - 12 years exp. (55 salaries)	₹3.4 L/yr - ₹12.5 L/yr 13% more	1 job opening
Cyient Senior Mechanical Design Engineer Salary 2 - 10 years exp. (51 salaries)	₹4 L/yr - ₹7.5 L/yr 16% less
Honeywell Technology Solutions Senior Mechanical Design Engineer Salary 3 - 11 years exp. (47 salaries)	₹7 L/yr - ₹16.7 L/yr 83% more

Senior Mechanical Design Engineer salary at Idex ranges between ₹4.5 Lakhs to ₹8.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Idex.

Experience wise Idex Senior Mechanical Design Engineer salaries

Last Updated: 3 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Idex

Senior Design Engineer Salary

(7 salaries)

₹7.3 L/yr - ₹12.65 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹22.2 L/yr - ₹25.75 L/yr

Lead Design Engineer Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Senior Engineer Salary

(4 salaries)

₹7.1 L/yr - ₹9.53 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Design Engineer Salary

(25 salaries)

₹3 L/yr - ₹10.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Lead Engineer Salary

(5 salaries)

₹11.5 L/yr - ₹18 L/yr

Salary related reviews for Idex

5.0

Rated by 1 employees for salary & benefits

Sales Manager - Industrial Business (PAN INDIA) in Vadodara

Full Time

Sales & Business Development Department

1.0

• posted on 29 Dec 2023

4.0

for Salary and Benefits

Likes

Salary Benefit was one thing which they satisfy while joining the organisation

Salary - Good

Dislikes

Job security is zero nothing comes first here except ego and personal grudges. Professional approach is very difficult to even think

Skill development - Bad

+5 more

System Co Coordinator in Mumbai

IT & Information Security Department

5.0

• posted on 31 Jan 2020

4.0

for Salary and Benefits

Likes

The IDEX having diversified culture, IT/Finance Team where excellent, IT work culture was amazing, co operative and friendly. Due to IT assignments i travelled abroad, and within India many occupations.

Salary - Good

+6 more

Dislikes

Compensation and growth is slow, its dependent. I have no complaints or any regrets i left Idex, i don't have any reason to blame or

Application Engineer - Pump Industry in Mumbai

Marketing Department

4.0

• posted on 25 Mar 2018

3.0

for Salary and Benefits

Likes

Frankly it depends for which role you are working. Overall culture is good. Job security depends on business generated. Work life balance is good.

Work satisfaction - Good

+2 more

Dislikes

If there is change of role within idex, the compensation is not lucrative. But i guess if you come from some other organisation they pay you well. Rest work interest depends on role offered. There are no dislikes as such.

Manager Materials in Vadodara

Procurement & Supply Chain Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Compensation is better

Salary - Good

Dislikes

Very high politics and extreme high attrition rate (way more than than IT Firm). Decision of termination or job rotation is taken very swiftly just based on mouth publicity. Job security is minimal.

Job security - Bad

+1 more

Engineering Manager in Vadodara

Full Time

Research & Development Department

2.0

• posted on 25 Jan 2025

5.0

for Salary and Benefits

Likes

...ork compared to other similar organisation hence can maintain work life balance. Organisation gives one of the best salary and perks. It is easier to crack the interview.

Salary - Excellent

+2 more

Dislikes

Idex doesnot have job security. It fires employees without any notice in place. In the morning the person is attending meeting and discussing future aspects of his role in a project and in the evening he is not more with the organisation. No set processes in place and is all manager / senior management dependent. God knows how this organisation is even ISO certified. You have to be in good books of management to get promoted and is not based on merits.

Job security - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Idex Senior Mechanical Design Engineer Salary FAQs

What is the salary of Senior Mechanical Design Engineer at Idex ?

The average salary of a Senior Mechanical Design Engineer at Idex in India typically ranges from ₹4.5 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Senior Mechanical Design Engineer at Idex earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Senior Mechanical Design Engineer Salaries at Idex 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 Idex employees in India.

What is the estimated take home salary of a Senior Mechanical Design Engineer at Idex in India?

The estimated take-home salary of a Senior Mechanical Design Engineer at Idex in India typically ranges from ₹53,921 to ₹55,266 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 4 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 4 salaries received from various employees of Idex. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Idex for Senior Mechanical Design Engineer in India?

Honeywell Technology Solutions	₹7.0 Lakhs to ₹16.7 Lakhs per year
L&T Technology Services	₹5.2 Lakhs to ₹10.9 Lakhs per year
Tech Mahindra	₹3.4 Lakhs to ₹12.5 Lakhs per year
HCLTech	₹4.0 Lakhs to ₹11.5 Lakhs per year

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

What is the salary of a Senior Mechanical Design Engineer in companies similar to Idex in India?

The salary of a Senior Mechanical Design Engineer at companies similar to Idex in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cyient

₹4.0 Lakhs to ₹7.5 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 Senior Mechanical Design Engineer at Idex in India?

The salary growth for a Senior Mechanical Design Engineer at Idex depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at Idex:

Experience	Average Salary Range
4 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
5 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
8 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Idex Senior Mechanical Design Engineer Salaries

Idex Senior Mechanical Design Engineer salary in India ranges between ₹4.5 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Idex latest salaries received from various employees of Idex.