IHBL Mechanical Engineer salaries in Indore

Likes

Maybe future prospects and stability if you are on low wage currently and non permanent jobs.

Dislikes

...als are send just to get rid of their incompetent nature of working from PSU . Worst salary and No negotiation: You will be treated as private employee when it comes to perks but as soon as you realise that you can negotiate in private sector stamp of JV will be stamped on your face saying you can't as it's a JV with fixed salary structure. Even compared to other JVs and Big private firms in this sector you will get lesser salary structure here with increament that will not ever beat the inflation rate. Means your salary will decrease with coming years. You can directly search the package offered in this JV. E: 7 lakh with 3 year's experience,SE: 9 with 5 years experience. DM: 11 with 7 years, M:15 with 10 years and SM:17 with 15 years of experience. Means if you are currently at engineer level and if you are getting fastest promotions in this organisation (remotely possible)it will take you 12 more years with a hike of 10 lakh in salary which will be less than inexperienced GET of PSU. Well they deserve atleast 15 years experienced salary after clearing GATE nowadays, forget the perks btw. Atleast for now you should only choose this company when you don't have a permanent job with a clear hike of more than 30%.Then you can use it as your launching pad if you find a job after getting hands-on experience of non technical work.

Likes

It is a great experience to work with IHBL. It gives many learning skill which should be helpful for my future.

Dislikes

IHBL gives less holidays as compare to other department and it don't give any paid leave for his employees.