Initiative Engineering Mechanical Engg. Design Salaries by 4 Employees

1 - 3 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

44% less than the average Mechanical Engg. Design Salary for 1 - 3 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Initiative Engineering for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
HCLTech Mechanical Engg. Design Salary 1 - 6 years exp. (345 salaries)	₹2.2 L/yr - ₹10 L/yr 100% more
Tech Mahindra Mechanical Engg. Design Salary 1 - 8 years exp. (194 salaries)	₹2.9 L/yr - ₹10 L/yr 84% more
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TCS Mechanical Engg. Design Salary 2 - 9 years exp. (180 salaries)	₹3.5 L/yr - ₹10.7 L/yr 158% more
Larsen & Toubro Limited Mechanical Engg. Design Salary 1 - 5 years exp. (107 salaries)	₹2 L/yr - ₹9.2 L/yr 73% more	1 job opening
Capgemini Mechanical Engg. Design Salary 2 - 8 years exp. (68 salaries)	₹2.4 L/yr - ₹10.5 L/yr 136% more	2 job openings
Reliance Industries Mechanical Engg. Design Salary 3 - 7 years exp. (14 salaries)	₹4.9 L/yr - ₹15.5 L/yr 200% more
Accenture Mechanical Engg. Design Salary 1 - 5 years exp. (11 salaries)	₹3 L/yr - ₹12.8 L/yr 146% more
Infosys Mechanical Engg. Design Salary 1 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹6.8 L/yr 33% more
LTIMindtree Mechanical Engg. Design Salary 2 - 7 years exp. (7 salaries)	₹4.3 L/yr - ₹6.7 L/yr 80% more
Wipro Mechanical Engg. Design Salary 3 - 8 years exp. (6 salaries)	₹5.6 L/yr - ₹8 L/yr 119% more
Jio Mechanical Engg. Design Salary 2 - 7 years exp. (4 salaries)	₹5.8 L/yr - ₹7 L/yr 117% more
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IBM Mechanical Engg. Design Salary 3 - 9 years exp. (3 salaries)	₹4.2 L/yr - ₹29 L/yr 431% more

Mechanical Engg. Design salary at Initiative Engineering ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Initiative Engineering.

Experience wise Initiative Engineering Mechanical Engg. Design salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Initiative Engineering

Design & Development Engineer Salary

(4 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Initiative Engineering

Quality Engineer in Pune

Quality Assurance Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

From joining date to till date I'm very happy with work culture and our opinion is still matters in every discussion. One plus point is every person in staff is work in every department so, knowledge of company is very goog.

Skill development - Excellent

+3 more

Dislikes

Management point of view response is very slow or decision making skill is very poor

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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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Initiative Engineering Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Initiative Engineering ?

The average salary of a Mechanical Engg. Design at Initiative Engineering in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Mechanical Engg. Design at Initiative Engineering earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engg. Design Salaries at Initiative Engineering 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 Initiative Engineering employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Initiative Engineering in India?

The estimated take-home salary of a Mechanical Engg. Design at Initiative Engineering in India typically ranges from ₹20,695 to ₹22,348 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 Initiative Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Initiative Engineering for Mechanical Engg. Design in India?

IBM	₹4.2 Lakhs to ₹29.0 Lakhs per year
Reliance Industries	₹4.9 Lakhs to ₹15.5 Lakhs per year
TCS	₹3.5 Lakhs to ₹10.7 Lakhs per year
Accenture	₹3.0 Lakhs to ₹12.8 Lakhs per year
Capgemini	₹2.4 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Mechanical Engg. Design in companies similar to Initiative Engineering in India?

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

Wipro	₹5.6 Lakhs to ₹8.0 Lakhs per year
Jio	₹5.8 Lakhs to ₹7.0 Lakhs per year
HCLTech	₹2.2 Lakhs to ₹10.0 Lakhs per year
Tech Mahindra	₹2.9 Lakhs to ₹10.0 Lakhs per year
LTIMindtree	₹4.3 Lakhs to ₹6.7 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 Mechanical Engg. Design at Initiative Engineering in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Initiative Engineering Mechanical Engg. Design Salaries

Initiative Engineering Mechanical Engg. Design salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Initiative Engineering latest salaries received from various employees of Initiative Engineering.

Initiative Engineering Mechanical Engg. Design salaries in India