Iol Chemicals & Pharmaceuticals Barnala Process Engineer Salaries by 10+ Employees

0 - 2 years exp.

₹4.8 Lakhs - ₹7.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Process Engineer Salary in Pharma Companies for 0 - 2 years of experience

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Last Updated: 26 Feb 2024

Companies similar to Iol Chemicals & Pharmaceuticals for Process Engineer in Barnala

Iol Chemicals & Pharmaceuticals Process Engineer Salary

0 - 2 years exp. (11 salaries)

₹4.8 L/yr - ₹7.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Trident Group Process Engineer Salary 1 - 3 years exp. (4 salaries)	₹7.2 L/yr - ₹18 L/yr 88% more

Process Engineer salary at Iol Chemicals & Pharmaceuticals ranges between ₹4.8 Lakhs to ₹7.9 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 11 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Experience wise Iol Chemicals & Pharmaceuticals Process Engineer salaries in Barnala

Last Updated: 26 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
1 year (5 salaries)	₹5.7 L/yr - ₹6.5 L/yr
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2 years (5 salaries)	₹6.5 L/yr - ₹7.9 L/yr

Similar Designation salaries in Iol Chemicals & Pharmaceuticals

Assistant Engineer Salary

(15 salaries)

₹2.3 L/yr - ₹5.15 L/yr

Senior Engineer Salary

(13 salaries)

₹6.1 L/yr - ₹12.01 L/yr

Chemical Engineer Salary

(6 salaries)

₹3.3 L/yr - ₹6 L/yr

Project Engineer Salary

(3 salaries)

₹5.5 L/yr - ₹6.6 L/yr

Salary related reviews for Iol Chemicals & Pharmaceuticals

3.5

Rated by 2 employees for salary & benefits

Assistant Engineer in Barnala

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Jul 2024

4.0

for Salary and Benefits

Likes

- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.

Salary - Good

+4 more

Dislikes

- Management is not satisfactory. - You have to learn each and everything at your own. - leg pulling system in employees.

Senior Executive in Barnala

Full Time

Media Production & Entertainment Department

4.0

• posted on 18 Jun 2024

5.0

for Salary and Benefits

Likes

Salary on time. Good increments as compared to other pharma and chemical industries.

Salary - Excellent

+6 more

Dislikes

Canteen food quality not so good in shifts than G shift. Smartphones are necessary upto E1 employess for more output. A.c bus might be started and increases the fare accordingly(in summer)

Production Chemist in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Good in all members of communication and behavior and all work si systematic and safety provision is good.

Job security - Good

+4 more

Dislikes

Fresher salary is more than 1&2 year experience person and only fresher hire local persons and after training not provide any vehicle on time

Instrumentation Technician in Barnala

Production, Manufacturing & Engineering Department

3.0

• posted on 29 Oct 2022

3.0

for Salary and Benefits

Likes

Canteen food facility is good

Dislikes

...re the technician's work is done by the engineer And the technician as a helper. Salary deduction is very high, they take around 7 to 8k deduction on salary.

Skill development - Poor

+3 more

Prd Chemist in Ludhiana

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is 3 months notice period after leaving the job but if you don't want to do the notice period then you will pay three months basic salary.

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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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Iol Chemicals & Pharmaceuticals Process Engineer Salary FAQs

What is the salary of Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala?

The average salary of a Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala typically ranges from ₹4.8 Lakhs to ₹7.9 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Process Engineer in Barnala at Iol Chemicals & Pharmaceuticals earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.9 Lakhs per year. Process Engineer Salaries at Iol Chemicals & Pharmaceuticals 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 10+ Iol Chemicals & Pharmaceuticals employees in India.

What is the estimated take home salary of a Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala?

The estimated take-home salary of a Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala typically ranges from ₹49,947 to ₹51,127 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from Fresher to 2 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 10+ salaries received from various employees of Iol Chemicals & Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iol Chemicals & Pharmaceuticals for Process Engineer in India?

Trident Group

₹7.2 Lakhs to ₹18.0 Lakhs per year

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

How the salary growth look like for a Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala?

The salary growth for a Process Engineer at Iol Chemicals & Pharmaceuticals in Barnala depends on factors such as experience, performance, and promotions. On average, a Process Engineer in Barnala can expect the following growth trajectory at Iol Chemicals & Pharmaceuticals:

Experience	Average Salary Range
Fresher	₹4.7 Lakhs to ₹6.0 Lakhs per year
1 year	₹5.7 Lakhs to ₹6.5 Lakhs per year
2 years	₹6.5 Lakhs to ₹7.9 Lakhs per year

and so on.

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Iol Chemicals & Pharmaceuticals Process Engineer Salaries in Barnala

Iol Chemicals & Pharmaceuticals Process Engineer salary in Barnala ranges between ₹4.8 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Iol Chemicals & Pharmaceuticals latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

Iol Chemicals & Pharmaceuticals Process Engineer salaries in Barnala

Companies similar to Iol Chemicals & Pharmaceuticals for Process Engineer in Barnala

Latest annual salaries shared by Iol Chemicals & Pharmaceuticals Process Engineer in Barnala

Experience wise Iol Chemicals & Pharmaceuticals Process Engineer salaries in Barnala

Similar Designation salaries in Iol Chemicals & Pharmaceuticals

Salary related reviews for Iol Chemicals & Pharmaceuticals

Assistant Engineer in Barnala

Senior Executive in Barnala

Production Chemist in Ludhiana

Instrumentation Technician in Barnala

Prd Chemist in Ludhiana

Iol Chemicals & Pharmaceuticals Process Engineer Salary FAQs

Tell us how to improve this page.