Innovsource Services Mechanical Engineer Salaries by 7 Employees

1 - 9 years exp.

₹2 Lakhs - ₹5.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average Mechanical Engineer Salary in Recruitment Companies for 1 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 1 - 9 years exp. (4 salaries)	₹2 L/yr - ₹5.6 L/yr
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Construction & Site Engineering Mechanical Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 26 Dec 2024

Companies similar to Innovsource Services for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Randstad Mechanical Engineer Salary 4 - 10 years exp. (56 salaries)	₹3.2 L/yr - ₹10.5 L/yr 48% more
Team Lease Mechanical Engineer Salary 1 - 12 years exp. (10 salaries)	₹2.1 L/yr - ₹6.6 L/yr 17% more
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Kutumbh Care Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 28% less
CIEL HR Mechanical Engineer Salary 6 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 28% more
Virtual Employee Mechanical Engineer Salary 5 - 7 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 156% more

Mechanical Engineer salary at Innovsource Services ranges between ₹2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Innovsource Services.

Experience wise Innovsource Services Mechanical Engineer salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr

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Similar Designation salaries in Innovsource Services

Electrical Engineer Salary

(8 salaries)

₹3.15 L/yr - ₹7.2 L/yr

Senior Engineer Salary

(18 salaries)

₹4 L/yr - ₹7.3 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Shift Engineer Salary

(8 salaries)

₹3.3 L/yr - ₹5.2 L/yr

Executive Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹5.3 L/yr

Junior Engineer Salary

(9 salaries)

₹2.5 L/yr - ₹6 L/yr

Maintenance Engineer Salary

(4 salaries)

₹3 L/yr - ₹5.61 L/yr

Site Engineer Salary

(15 salaries)

₹3.25 L/yr - ₹5.25 L/yr

Project Engineer Salary

(4 salaries)

₹3.15 L/yr - ₹6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Salary related reviews for Innovsource Services

4.0

Rated by 1 employees for salary & benefits

Quality Engineer in Bhubaneswar

Full Time

Quality Assurance Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Salary comes in time

Dislikes

Hr is pathetic he only know how to dutct reimbursement from employee. Do not listen to your issue always sayes I am busy I will call you later but never call backs. When you call after working hours he says call me in office hours but when he had work with us he an call us any time.

Salary - Poor

+6 more

Sales Team Leader in Madurai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2024

4.0

for Salary and Benefits

Likes

Salary will be credited on time. Sometimes 500 extra will be credited with the salary.

Salary - Good

+1 more

Dislikes

1.Salary deduction upto 500 for unknown reasons most of the months. 2.Not issuing the ESI card. 3.Could not reach the HR through phone or WhatsApp. Because he was sitting in the head office. Only 2 HR working for Pan India. 4.My pf account got disabled because of the company. But I didn't get the proper response from the company side to solve that issue. I couldn't withdraw my PF amount till now.

Promotions - Poor

Business Development Executive in Kanpur Nagar

Full Time

Sales & Business Development Department

5.0

• posted on 02 Nov 2024

4.0

for Salary and Benefits

Likes

I have worked with this company, I like this salary issue date, there is no single delay in 2 and half years.

Salary - Good

+2 more

Dislikes

Innov Source is a third party consultant, I think we should work with company payroll, Overall company is good

Promotions - Bad

Sales Executive in Jammu

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 26 Dec 2024

1.0

for Salary and Benefits

Likes

...seniors v mile.hote hai beech me ....sales executive ko ye noukar smjte hai ...fraud hiring krke salary khud kha jate hai....RSM, ASM ..sare included...jb koi complaint kre khud me hi gol Mol kr dete hao sb

Dislikes

SB KUCH HI DISLIKE ME ATA HAI YAH

Salary - Bad

+6 more

Dispatch Executive in Lucknow

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Jun 2023

3.0

for Salary and Benefits

Likes

Getting salary on time

Dislikes

Salary increatment n work timing both are totally different as per offer letter n verbal communication and all depend on their Contractor. That feel sometime doing work as a bonded labour.

Job security - Poor

+2 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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Innovsource Services Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Innovsource Services ?

The average salary of a Mechanical Engineer at Innovsource Services in India typically ranges from ₹2.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Mechanical Engineer at Innovsource Services earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Mechanical Engineer Salaries at Innovsource Services 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 7 Innovsource Services employees in India.

What is the estimated take home salary of a Mechanical Engineer at Innovsource Services in India?

The estimated take-home salary of a Mechanical Engineer at Innovsource Services in India typically ranges from ₹28,791 to ₹30,173 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 7 salaries received from various employees of Innovsource Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Innovsource Services for Mechanical Engineer in India?

Virtual Employee	₹9.0 Lakhs to ₹12.0 Lakhs per year
Randstad	₹3.2 Lakhs to ₹10.5 Lakhs per year
CIEL HR	₹3.1 Lakhs to ₹6.0 Lakhs per year
Team Lease	₹2.1 Lakhs to ₹6.6 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Innovsource Services in India?

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

Kutumbh Care

₹2.4 Lakhs to ₹3.0 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 Engineer at Innovsource Services in India?

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Innovsource Services Mechanical Engineer Salaries

Innovsource Services Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Innovsource Services latest salaries received from various employees of Innovsource Services.