Investment & Precision Castings Bhavnagar Junior Engineer Salaries by 4 Employees

2 - 5 years exp.

₹2.1 Lakhs - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Junior Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Salaries in different departments

Quality Assurance Junior Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.1 L/yr
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Research & Development Junior Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 22 Aug 2024

Companies similar to Investment & Precision Castings for Junior Engineer in Bhavnagar

Investment & Precision Castings Junior Engineer Salary

2 - 5 years exp. (4 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Steelcast Junior Engineer Salary 3 - 9 years exp. (25 salaries)	₹2.8 L/yr - ₹4 L/yr 5% less
Acrysil Junior Engineer Salary 0 - 5 years exp. (20 salaries)	₹1.6 L/yr - ₹2.4 L/yr 39% less
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Carysil Junior Engineer Salary 1 - 6 years exp. (17 salaries)	₹1.8 L/yr - ₹2.6 L/yr 32% less
Nirma Junior Engineer Salary 2 - 13 years exp. (8 salaries)	₹2 L/yr - ₹6 L/yr 11% more
KEPCO Plant Service & Engineering Junior Engineer Salary 2 - 12 years exp. (7 salaries)	₹2.2 L/yr - ₹4.4 L/yr 9% less

Junior Engineer salary at Investment & Precision Castings ranges between ₹2.1 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Investment & Precision Castings.

Experience wise Investment & Precision Castings Junior Engineer salaries in Bhavnagar

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in Investment & Precision Castings

Quality Engineer Salary

(4 salaries)

₹1.3 L/yr - ₹3.2 L/yr

Project Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.3 L/yr

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Investment & Precision Castings Junior Engineer Salary FAQs

What is the salary of Junior Engineer at Investment & Precision Castings in Bhavnagar?

The average salary of a Junior Engineer at Investment & Precision Castings in Bhavnagar typically ranges from ₹2.1 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Junior Engineer in Bhavnagar at Investment & Precision Castings earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Junior Engineer Salaries at Investment & Precision Castings 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 Investment & Precision Castings employees in India.

What is the estimated take home salary of a Junior Engineer at Investment & Precision Castings in Bhavnagar?

The estimated take-home salary of a Junior Engineer at Investment & Precision Castings in Bhavnagar typically ranges from ₹25,013 to ₹26,451 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 2 years to 5 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 Investment & Precision Castings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Investment & Precision Castings for Junior Engineer in India?

Nirma

₹2.0 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Junior Engineer in companies similar to Investment & Precision Castings in Bhavnagar?

The salary of a Junior Engineer at companies similar to Investment & Precision Castings in Bhavnagar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Steelcast	₹2.8 Lakhs to ₹4.0 Lakhs per year
KEPCO Plant Service & Engineering	₹2.2 Lakhs to ₹4.4 Lakhs per year
Carysil	₹1.8 Lakhs to ₹2.6 Lakhs per year
Acrysil	₹1.6 Lakhs to ₹2.4 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 Junior Engineer at Investment & Precision Castings in Bhavnagar?

The salary growth for a Junior Engineer at Investment & Precision Castings in Bhavnagar depends on factors such as experience, performance, and promotions. On average, a Junior Engineer in Bhavnagar can expect the following growth trajectory at Investment & Precision Castings:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Investment & Precision Castings Junior Engineer Salaries in Bhavnagar

Investment & Precision Castings Junior Engineer salary in Bhavnagar ranges between ₹2.1 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Investment & Precision Castings latest salaries received from various employees of Investment & Precision Castings.