Likes
- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.
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Annual salary range
1 - 5 years exp.
₹4.2
Lakhs - ₹6
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary19% more than the average Mechanical Engineer Salary in Pharma Companies for 1 - 5 years of experience
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| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Aarti Industries Mechanical Engineer Salary
2 - 7 years exp. (116 salaries) |  ₹2 L/yr - ₹6.8 L/yr 
21%
less | |
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16%
less | |
Login to view exact salary
| ||
 Granules India Mechanical Engineer Salary
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8%
more | |
 DIVI'S Laboratories Mechanical Engineer Salary
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51%
less | |
 Jubilant Life sciences Mechanical Engineer Salary
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38%
less | |
 Alembic Pharmaceuticals Mechanical Engineer Salary
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46%
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 Glenmark Pharmaceuticals Mechanical Engineer Salary
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61%
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 Sun Pharmaceutical Industries Mechanical Engineer Salary
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39%
less | |
 ACG Worldwide Mechanical Engineer Salary
0 - 8 years exp. (28 salaries) | ₹1 L/yr - ₹8 L/yr
3%
less | |
 Aurobindo Pharma Mechanical Engineer Salary
0 - 6 years exp. (19 salaries) | ₹1.5 L/yr - ₹4.3 L/yr
55%
less | |
 Medtronic Mechanical Engineer Salary
4 - 15 years exp. (10 salaries) | ₹15 L/yr - ₹39 L/yr
329%
more | |
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| ||
 Gland Pharma Mechanical Engineer Salary
0 - 6 years exp. (9 salaries) | ₹1.7 L/yr - ₹3.8 L/yr
53%
less | |
 Neuland Laboratories Mechanical Engineer Salary
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52%
less | |
 GlaxoSmithKline Pharmaceuticals Mechanical Engineer Salary
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41%
less | |
 Unichem Laboratories Mechanical Engineer Salary
1 - 5 years exp. (5 salaries) | ₹2.1 L/yr - ₹3.1 L/yr
53%
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 Biological E Mechanical Engineer Salary
1 - 13 years exp. (5 salaries) | ₹1 L/yr - ₹5.8 L/yr
33%
less | |
 Shilpa Medicare Mechanical Engineer Salary
2 - 6 years exp. (4 salaries) | ₹2.8 L/yr - ₹4.8 L/yr
33%
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 Cadila Pharmaceuticals Mechanical Engineer Salary
1 - 6 years exp. (4 salaries) | ₹2.2 L/yr - ₹5 L/yr
30%
less | |
 Ajanta Pharma Mechanical Engineer Salary
0 - 5 years exp. (4 salaries) | ₹1.6 L/yr - ₹4 L/yr
50%
less | |
 Micro Labs Mechanical Engineer Salary
3 - 5 years exp. (4 salaries) | ₹2.5 L/yr - ₹4.2 L/yr
44%
less | |
View all
Mechanical Engineer salary at Iol Chemicals & Pharmaceuticals ranges between ₹4.2
Lakhs
to ₹6
Lakhs
per year for employees with experience between 1 year to 5 years. Salary
estimates are based on
7 latest salaries received
from various employees of Iol Chemicals & Pharmaceuticals.
Latest annual salaries shared by Iol Chemicals & Pharmaceuticals Mechanical Engineer
3mo ago
3
years
exp.
1y ago
2
years
exp.
1y ago
1
year
exp.
1y ago
4
years
exp.
1y ago
2
years
exp.
1y ago
1
year
exp.
Experience wise Iol Chemicals & Pharmaceuticals Mechanical Engineer salaries
Last Updated: 25 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹5.2
L/yr
- ₹6
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹4.2
L/yr
- ₹9.7
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹5.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹5.9
L/yr
|
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Iol Chemicals & Pharmaceuticals Mechanical Engineer Salary FAQs
What is the salary of Mechanical Engineer at Iol Chemicals & Pharmaceuticals?
Mechanical Engineer salary at Iol Chemicals & Pharmaceuticals in India ranges between ₹4.2 Lakhs to ₹6.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 19% more than the average Mechanical Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals India.
How does the salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals is 19% more than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Iol Chemicals & Pharmaceuticals to a Mechanical Engineer in India?
- Medtronic Mechanical Engineer Salary - ₹15.0 Lakhs to ₹39.0 Lakhs per year
- Granules India Mechanical Engineer Salary - ₹4.5 Lakhs to ₹8.1 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Iol Chemicals & Pharmaceuticals in India?
- ACG Worldwide Mechanical Engineer Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
- Indoco Remedies Mechanical Engineer Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
- Laurus Labs Mechanical Engineer Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
- Aarti Industries Mechanical Engineer Salary - ₹2.0 Lakhs to ₹6.8 Lakhs per year
- Cadila Pharmaceuticals Mechanical Engineer Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals in India?
The estimated take-home salary of a Mechanical Engineer at Iol Chemicals & Pharmaceuticals ranges between ₹41,099 per month to ₹42,248 per month in India. The take-home salary calculation is based on the average Iol Chemicals & Pharmaceuticals Mechanical Engineer salary in India which ranges between ₹4.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Iol Chemicals & Pharmaceuticals?
According to AmbitionBox, 50% of the Iol Chemicals & Pharmaceuticals Mechanical Engineers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.
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Iol Chemicals & Pharmaceuticals Mechanical Engineer salary
in
India
ranges between ₹4.2
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Iol Chemicals & Pharmaceuticals latest salaries received from various employees of
Iol Chemicals & Pharmaceuticals.