IIT Madras Research Park Junior Mechanical Engineer Salaries by 2 Employees

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₹1.4 Lakh - ₹1.7 Lakh

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 22 Jul 2023

Companies similar to IIT Madras Research Park for Junior Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Junior Mechanical Engineer Salary 1 - 7 years exp. (7 salaries)	₹2 L/yr - ₹4.3 L/yr 94% more
JSW Steel Junior Mechanical Engineer Salary 1 - 8 years exp. (126 salaries)	₹2.3 L/yr - ₹4.8 L/yr 136% more
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Tata Steel Junior Mechanical Engineer Salary 3 - 10 years exp. (65 salaries)	₹2.5 L/yr - ₹10.7 L/yr 284% more
Jindal Stainless Junior Mechanical Engineer Salary 1 - 5 years exp. (54 salaries)	₹2.6 L/yr - ₹4.8 L/yr 133% more
Jindal Steel and Power Junior Mechanical Engineer Salary 1 - 6 years exp. (53 salaries)	₹2 L/yr - ₹4.8 L/yr 120% more

Junior Mechanical Engineer salary at IIT Madras Research Park ranges between ₹1.4 Lakh to ₹1.7 Lakh per year for employees with 2 years of experience. Salary estimates are based on 2 latest salaries received from various employees of IIT Madras Research Park.

Similar Designation salaries in IIT Madras Research Park

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for IIT Madras Research Park

Marketing Head in IITMRP ,Chennai

Other Department

1.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Great exposure with client visits. Well designed infrastructure.

Dislikes

1)Work as a dummy for monthly salary. 2)Director Ashok "bribe king" will be the king who decides when what how where etc. 3) COO ,the pet of Ashok is scared about his chair and always be supporting the above. 4)They don't tell you about budget.Just present whatever COO & Director prepares during meetings.. 5) None stick to the company once they oppose the wrong things happening. Once the individual question, they are thrown out immediately by the director.

Salary - Poor

+6 more

Innovation Manager in Chennai

Full Time

Strategic & Top Management Department

1.0

• posted on 09 Apr 2024

1.0

for Salary and Benefits

Likes

Very Poor Work Culture Here. Don't come just by name consult first any employee. Ashok Jhunjhunwala does everything, from HR, holiday, leave, everything. Either you suck or leave that'd the option.

Dislikes

Everything is Dislike, Your career will be ruined

Salary - Bad

+6 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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IIT Madras Research Park Junior Mechanical Engineer Salary FAQs

How the salary growth look like for a Junior Mechanical Engineer at IIT Madras Research Park in India?

The salary growth for a Junior Mechanical Engineer at IIT Madras Research Park depends on factors such as experience, performance, and promotions. On average, a Junior Mechanical Engineer can expect the following growth trajectory at IIT Madras Research Park:

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹1.7 Lakhs per year

and so on.

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IIT Madras Research Park Junior Mechanical Engineer Salaries

IIT Madras Research Park Junior Mechanical Engineer salary in India ranges between ₹1.4 Lakh to ₹1.7 Lakh. This is an estimate based on latest salaries received from employees of IIT Madras Research Park.

IIT Madras Research Park Junior Mechanical Engineer salaries in India