IP Rings Senior Engineer Salaries by 6 Employees (Updated 2024)

7 - 16 years exp.

₹5.8 Lakhs - ₹6.8 Lakhs

Salary of majority employees

32% less than the average Senior Engineer Salary in Auto Components Companies for 7 - 16 years of experience

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Last Updated: 24 Feb 2024

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Senior Engineer salary at IP Rings ranges between ₹5.8 Lakhs to ₹6.8 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of IP Rings.

Experience wise IP Rings Senior Engineer salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.2 L/yr
15+ years (3 salaries)	₹5.8 L/yr - ₹6.5 L/yr

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Similar Designation salaries in IP Rings

Junior Engineer Salary

(5 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Civil Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Quality Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹4.8 L/yr

Deputy Manager Salary

(5 salaries)

₹6.5 L/yr - ₹10 L/yr

Salary related reviews for IP Rings

3.6

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.

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.

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.

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

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IP Rings Senior Engineer Salary FAQs

What is the salary of Senior Engineer at IP Rings?

Senior Engineer salary at IP Rings in India ranges between ₹5.8 Lakhs to ₹6.8 Lakhs for experience between 7 years to 16 years. According to our estimates it is 32% less than the average Senior Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IP Rings India.

How does the salary of a Senior Engineer at IP Rings India compare with the average salary range for this job?

The average salary of a Senior Engineer at IP Rings is 32% less than the average salary of a Senior Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IP Rings to a Senior Engineer in India?

Magna International Senior Engineer Salary - ₹4.2 Lakhs to ₹14.1 Lakhs per year
ZF Commercial Vehicle Control Systems Senior Engineer Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Goodyear Senior Engineer Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
Sundaram Auto Components Senior Engineer Salary - ₹4.3 Lakhs to ₹10.3 Lakhs per year
Hi Tech Gears Senior Engineer Salary - ₹4.1 Lakhs to ₹8.4 Lakhs per year

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

India Nippon Electricals Senior Engineer Salary - ₹4.9 Lakhs to ₹8.5 Lakhs per year
Alicon Castalloy Senior Engineer Salary - ₹3.3 Lakhs to ₹8.5 Lakhs per year
UCAL Fuel Systems Senior Engineer Salary - ₹4.4 Lakhs to ₹7.4 Lakhs per year
UNO Minda Senior Engineer Salary - ₹3.6 Lakhs to ₹9.6 Lakhs per year
Fiem Industries Senior Engineer Salary - ₹2.9 Lakhs to ₹9.6 Lakhs per year

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

The estimated take-home salary of a Senior Engineer at IP Rings ranges between ₹47,409 per month to ₹48,532 per month in India. The take-home salary calculation is based on the average IP Rings Senior Engineer salary in India which ranges between ₹5.8 Lakhs to ₹6.8 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Engineer at IP Rings?

According to AmbitionBox, 50% of the IP Rings Senior Engineers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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IP Rings Senior Engineer Salaries

IP Rings Senior Engineer salary in India ranges between ₹5.8 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IP Rings latest salaries received from various employees of IP Rings.