Indian Molasses Company Solapur Mechanical Engineer Salaries by 5 Employees (Updated 2024)

3 - 6 years exp.

₹3.5 Lakhs - ₹5.9 Lakhs

Salary of majority employees

7% more than the average Mechanical Engineer Salary in Ports & Shipping Companies for 3 - 6 years of experience

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Last Updated: 15 Apr 2024

Companies similar to Indian Molasses Company for Mechanical Engineer in Solapur

Indian Molasses Company Mechanical Engineer Salary

3 - 6 years exp. (5 salaries)

₹3.5 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Precision Camshafts Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	₹1.4 L/yr - ₹4.2 L/yr 45% less
GE Vernova Mechanical Engineer Salary 5 - 7 years exp. (4 salaries)	₹6 L/yr - ₹9.3 L/yr 63% more
Login to view exact salary
Power Mech Projects Mechanical Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 14% less
Laxmi Hydraulics Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr 45% less
Bharat Suzuki Service Center Mechanical Engineer Salary 10 - 16 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 41% less

Mechanical Engineer salary at Indian Molasses Company ranges between ₹3.5 Lakhs to ₹5.9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Indian Molasses Company.

Experience wise Indian Molasses Company Mechanical Engineer salaries in Solapur

Last Updated: 15 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.2 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.8 L/yr

Similar Designation salaries in Indian Molasses Company

Senior Engineer Salary

(20 salaries)

₹4.25 L/yr - ₹6 L/yr

Project Engineer Salary

(4 salaries)

₹3.8 L/yr - ₹4.3 L/yr

Salary related reviews for Indian Molasses Company

4.0

Rated by 2 employees for salary & benefits

Senior Engineer Mechanical in Haldia

Full Time

Construction & Site Engineering Department

1.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

Nothing good in this company, South Indian manager treat you like a slave.

Dislikes

I don't have enough words to describe about dislike in this company. I just suggest you don't ever join this company only for salary hike. No any culture, managers are very rude. They don't approve your leave even for 2-3 days and if you have any emergency and you go on leave they will issue you show cause notice and deduct your salary l

Senior Warehouse Executive in Lucknow

Full Time

Procurement & Supply Chain Department

2.0

• posted on 29 May 2022

1.0

for Salary and Benefits

Likes

Nothing is good here you have to manage all the things by own.If you want something for office use products you have to face lots of policy.No job security they fire you any time without giving any proper information.

Dislikes

There is lot of politics and management doesn't address our issues.salary is good but career growth is zero at the time promotion the appoint new staff with less salary and fire you with out telling you and proper information.No job security

Senior Engineer Mechanical in Mumbai

Production, Manufacturing & Engineering Department

4.0

• posted on 24 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture.good salary and Hike and bonus every year

Dislikes

IMC limited good company but lower level employees very less salary but above M5 grade good. Our terminal location ( Dighi oil storage pvt ltd Vpo dighi Raigad Mumbai ) not good Here no transport no hospital .

Sales And Receptionist in Dibrugarh

Receptionist Department

5.0

• posted on 13 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Warehouse Head in Haridwar

Procurement & Supply Chain Department

3.0

• posted on 14 Feb 2019

2.0

for Salary and Benefits

Likes

one can like the amicable environment made in and around the hierarchy

Dislikes

there is no pay structure as to what to pay to a professional having 10+ years experience and abnormalities in pay structures of professionals working at different sections of company plus a low pay organization

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Indian Molasses Company Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Indian Molasses Company Solapur?

Mechanical Engineer salary at Indian Molasses Company in Solapur ranges between ₹3.5 Lakhs to ₹5.9 Lakhs for experience between 3 years to 6 years. According to our estimates it is 7% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indian Molasses Company Solapur.

How does the salary of a Mechanical Engineer at Indian Molasses Company Solapur compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Indian Molasses Company is 7% more than the average salary of a Mechanical Engineer in Solapur. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Molasses Company to a Mechanical Engineer in Solapur?

GE Vernova Mechanical Engineer Salary - ₹6.0 Lakhs to ₹9.3 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Indian Molasses Company in Solapur?

Power Mech Projects Mechanical Engineer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Bharat Suzuki Service Center Mechanical Engineer Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
Precision Camshafts Mechanical Engineer Salary - ₹1.4 Lakhs to ₹4.2 Lakhs per year
Laxmi Hydraulics Mechanical Engineer Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Indian Molasses Company in Solapur?

The estimated take-home salary of a Mechanical Engineer at Indian Molasses Company ranges between ₹37,387 per month to ₹38,591 per month in Solapur. The take-home salary calculation is based on the average Indian Molasses Company Mechanical Engineer salary in India which ranges between ₹3.5 Lakhs to ₹5.9 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Indian Molasses Company in Solapur?

According to AmbitionBox, 100% of the Indian Molasses Company Mechanical Engineers in Solapur reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Indian Molasses Company Mechanical Engineer Salaries in Solapur

Indian Molasses Company Mechanical Engineer salary in Solapur ranges between ₹3.5 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Indian Molasses Company latest salaries received from various employees of Indian Molasses Company.