IP Rings Design Engineer Salaries by 6 Employees

5 - 10 years exp.

₹4.2 Lakhs - ₹5.3 Lakhs

Salary of majority employees

At par with the average Design Engineer Salary in Auto Components Companies for 5 - 10 years of experience

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Last Updated: 15 Mar 2023

Companies similar to IP Rings for Design Engineer

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JBM Group Design Engineer Salary 1 - 6 years exp. (48 salaries)	₹2 L/yr - ₹8.3 L/yr 5% less
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MARK EXHAUST SYSTEMS Design Engineer Salary 1 - 4 years exp. (7 salaries)	₹3 L/yr - ₹4.2 L/yr 29% less
Kinetic Engineering Design Engineer Salary 0 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹2.4 L/yr 62% less
Viney Corporation Design Engineer Salary 2 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹3.6 L/yr 49% less
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Autolite (India) Design Engineer Salary 3 - 10 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 5% less
Poddar Tyres Design Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 35% less
Madras Radiators and Pressings Limited Design Engineer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 58% less
Fiem Industries Design Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹2.6 L/yr 50% less
JMT Auto Design Engineer Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹5.2 L/yr 54% less

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Design Engineer salary at IP Rings ranges between ₹4.2 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of IP Rings.

Experience wise IP Rings Design Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.5 L/yr
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7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.6 L/yr

View all

Similar Designation salaries in IP Rings

Senior Engineer Salary

(6 salaries)

₹5.8 L/yr - ₹6.8 L/yr

Civil Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Junior Engineer Salary

(5 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Process Engineer Salary

(4 salaries)

₹3.9 L/yr - ₹5.2 L/yr

Electrical Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹5.2 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.1 L/yr - ₹3 L/yr

Deputy Manager Salary

(5 salaries)

₹9.3 L/yr - ₹10 L/yr

Salary related reviews for IP Rings

3.3

Rated by 2 employees for salary & benefits

Senior Executive in Chengalpattu

Full Time

Finance Department

2.0

• posted on 26 Aug 2022

1.0

for Salary and Benefits

Likes

Since this is a medium size company, we can learn everything. There is opportunity for learning a lot.

Job security - Good

Dislikes

...pecially in Finance Management will force to serve entire 90 days notice period. Getting promotion and getting a good salary hike are once in a blue moon. If you are ready to face a worse situation in the notice period, you can join. You can never understand the performance appraisal calculation. There is no proper ERP, no supporting person available in Information systems team, only one person is handling entire IS team. Also, this company is one of the companies in the amalgamation group, we have to serve forcefully for other companies without getting any monetary benefits.

Salary - Bad

+2 more

Deputy Manager in Vellore

Full Time

Quality Assurance Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Culture is good. Treating all employees with respect. Technology is good.

Salary - Excellent

+5 more

Dislikes

Mr.Balachander GM gave sever harassment to young officers and forced them to resign automatically. He put the rejection tag on. OCF ok parts. Redy to Dispatch.

Electrical Engineer in Chennai

Production, Manufacturing & Engineering Department

3.0

• posted on 09 Jun 2020

3.0

for Salary and Benefits

Likes

I intrested in maintenance job,full supported in management for any improventvand madification our plant, but that covid 19 problems more affected all of industial though more employee affected

Work satisfaction - Good

Dislikes

I am electrical engineer my rolls assistance shift vice 3 electrcian workinng but not there are not continue in 3years in the job because there are contractors new persons getting the management Freshers i getting again training the boys so breakdown times is more comes, thant dislike points

Engineer In Metallurgical Engineer

Finance & Accounting Department

4.0

• posted on 13 Aug 2018

1.0

for Salary and Benefits

Likes

The company is open to learning & accepting innovation ideas.

Work-life balance - Good

Dislikes

But career will be move slowly & there is no job security.couldn’t promotion easily otherwise you support to management.wellfare is very less. Poor HR & finance management.more partiallity & politics.

Salary - Bad

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IP Rings Design Engineer Salary FAQs

What is the salary of Design Engineer at IP Rings ?

The average salary of a Design Engineer at IP Rings in India typically ranges from ₹4.2 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Design Engineer at IP Rings earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Design Engineer Salaries at IP Rings 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 6 IP Rings employees in India.

What is the estimated take home salary of a Design Engineer at IP Rings in India?

The estimated take-home salary of a Design Engineer at IP Rings in India typically ranges from ₹38,314 to ₹39,504 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 5 years to 10 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 6 salaries received from various employees of IP Rings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IP Rings for Design Engineer in India?

TRF	₹4.0 Lakhs to ₹7.1 Lakhs per year
India Nippon Electricals	₹1.6 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to IP Rings in India?

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

Autolite (India)	₹4.0 Lakhs to ₹6.0 Lakhs per year
JBM Group	₹2.0 Lakhs to ₹8.3 Lakhs per year
Setco Automotive	₹4.1 Lakhs to ₹5.2 Lakhs per year
Shivam Autotech	₹1.8 Lakhs to ₹6.0 Lakhs per year
Greaves Cotton	₹2.6 Lakhs to ₹5.6 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 Design Engineer at IP Rings in India?

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

Experience	Average Salary Range
5 years	₹4.2 Lakhs to ₹8.2 Lakhs per year
6 years	₹4.2 Lakhs to ₹8.5 Lakhs per year
7 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
8 years	₹5.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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IP Rings Design Engineer Salaries

IP Rings Design Engineer salary in India ranges between ₹4.2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IP Rings latest salaries received from various employees of IP Rings.