Ips Engineering Consultants Junior Design Engineer Salaries by 4 Employees

0 - 2 years exp.

₹1.7 Lakh - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Junior Design Engineer Salary for 0 - 2 years of experience

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Last Updated: 7 Sep 2023

Companies similar to Ips Engineering Consultants for Junior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Junior Design Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr 73% more
TCS Junior Design Engineer Salary 1 - 2 years exp. (4 salaries)	₹4 L/yr - ₹5.1 L/yr 116% more
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Cognizant Junior Design Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹2.4 L/yr 9% more
Larsen & Toubro Limited Junior Design Engineer Salary 4 - 5 years exp. (4 salaries)	₹5.2 L/yr - ₹7 L/yr 171% more
HCLTech Junior Design Engineer Salary 1 - 3 years exp. (4 salaries)	₹4.9 L/yr - ₹5 L/yr 154% more

Junior Design Engineer salary at Ips Engineering Consultants ranges between ₹1.7 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Ips Engineering Consultants.

Experience wise Ips Engineering Consultants Junior Design Engineer salaries

Last Updated: 7 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Ips Engineering Consultants

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹17.3 L/yr - ₹22.1 L/yr

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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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Ips Engineering Consultants Junior Design Engineer Salary FAQs

What is the salary of Junior Design Engineer at Ips Engineering Consultants ?

The average salary of a Junior Design Engineer at Ips Engineering Consultants in India typically ranges from ₹1.7 Lakhs to ₹2.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Junior Design Engineer at Ips Engineering Consultants earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Junior Design Engineer Salaries at Ips Engineering Consultants 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 Ips Engineering Consultants employees in India.

What is the estimated take home salary of a Junior Design Engineer at Ips Engineering Consultants in India?

The estimated take-home salary of a Junior Design Engineer at Ips Engineering Consultants in India typically ranges from ₹13,288 to ₹14,707 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.8 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 4 salaries received from various employees of Ips Engineering Consultants. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ips Engineering Consultants for Junior Design Engineer in India?

Larsen & Toubro Limited	₹5.2 Lakhs to ₹7.0 Lakhs per year
HCLTech	₹4.9 Lakhs to ₹5.0 Lakhs per year
TCS	₹4.0 Lakhs to ₹5.1 Lakhs per year
Tech Mahindra	₹2.8 Lakhs to ₹3.8 Lakhs per year
Cognizant	₹1.9 Lakhs to ₹2.4 Lakhs per year

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

How the salary growth look like for a Junior Design Engineer at Ips Engineering Consultants in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Ips Engineering Consultants Junior Design Engineer Salaries

Ips Engineering Consultants Junior Design Engineer salary in India ranges between ₹1.7 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ips Engineering Consultants latest salaries received from various employees of Ips Engineering Consultants.