Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer Salaries by 4 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% more than the average Diploma Mechanical Engineer Salary in Power Companies for 2 - 6 years of experience

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Last Updated: 26 Feb 2024

Companies similar to Ionics Power Solutions Pvt .Ltd for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Aqua Tech Systems Diploma Mechanical Engineer Salary 7 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 9% less
Hyundai Motor India Limited Diploma Mechanical Engineer Salary 0 - 6 years exp. (306 salaries)	₹1.5 L/yr - ₹4.5 L/yr 28% less
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Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya Diploma Mechanical Engineer Salary 1 - 5 years exp. (169 salaries)	₹0.2 L/yr - ₹3.1 L/yr 56% less
Tata Motors Diploma Mechanical Engineer Salary 0 - 6 years exp. (150 salaries)	₹1.1 L/yr - ₹5.2 L/yr 34% less
Mahindra & Mahindra Diploma Mechanical Engineer Salary 1 - 5 years exp. (147 salaries)	₹1.1 L/yr - ₹4.3 L/yr 29% less

Diploma Mechanical Engineer salary at Ionics Power Solutions Pvt .Ltd ranges between ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Ionics Power Solutions Pvt .Ltd.

Experience wise Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer salaries

Last Updated: 26 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Ionics Power Solutions Pvt .Ltd

Junior Engineer in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Aug 2020

3.0

for Salary and Benefits

Likes

COVID- 19 is depressing, scary and surrounded with uncertainty but What is certain is that with midyear progress of the organization. IPSPL have taken many challenges for revenue growth along with these challenges the most effective conversations require a manager who understand the power and edge in the employees tallents, they'll begin to hear clues to the employees tallents. Those clues are the key to inspiring and motivating individual performance.

Skill development - Good

+1 more

Dislikes

career growth is slow.

Promotions - Poor

+2 more

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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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Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd ?

The average salary of a Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd in India typically ranges from ₹2.4 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Diploma Mechanical Engineer Salaries at Ionics Power Solutions Pvt .Ltd 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 Ionics Power Solutions Pvt .Ltd employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd in India typically ranges from ₹26,920 to ₹28,330 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 2 years to 6 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 Ionics Power Solutions Pvt .Ltd. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Diploma Mechanical Engineer in companies similar to Ionics Power Solutions Pvt .Ltd in India?

The salary of a Diploma Mechanical Engineer at companies similar to Ionics Power Solutions Pvt .Ltd in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aqua Tech Systems	₹3.0 Lakhs to ₹3.5 Lakhs per year
Hyundai Motor India Limited	₹1.5 Lakhs to ₹4.5 Lakhs per year
Mahindra & Mahindra	₹1.1 Lakhs to ₹4.3 Lakhs per year
Tata Motors	₹1.1 Lakhs to ₹5.2 Lakhs per year
Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya	₹0.2 Lakhs to ₹3.1 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 Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd in India?

The salary growth for a Diploma Mechanical Engineer at Ionics Power Solutions Pvt .Ltd depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at Ionics Power Solutions Pvt .Ltd:

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer Salaries

Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer salary in India ranges between ₹2.4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ionics Power Solutions Pvt .Ltd latest salaries received from various employees of Ionics Power Solutions Pvt .Ltd.

Ionics Power Solutions Pvt .Ltd Diploma Mechanical Engineer salaries in India