KONE Chennai Component Engineer Salaries by 4 Employees (Updated 2024)

1 - 5 years exp.

₹4 Lakhs - ₹7 Lakhs

Salary of majority employees

7% more than the average Component Engineer Salary in Industrial Machinery Companies for 1 - 5 years of experience

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Salaries in different departments

Research & Development Component Engineer Salary 1 - 5 years exp. (3 salaries)	₹4 L/yr - ₹7 L/yr
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Engineering - Hardware & Networks Component Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 21 Sep 2023

Companies similar to KONE for Component Engineer in Chennai

KONE Component Engineer Salary

1 - 5 years exp. (4 salaries)

₹4 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Flex Component Engineer Salary 2 - 6 years exp. (73 salaries)	₹2.5 L/yr - ₹6 L/yr 26% less	1 job opening
Valeo Component Engineer Salary 3 - 9 years exp. (35 salaries)	₹5.1 L/yr - ₹14.6 L/yr 80% more
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L&T Technology Services Component Engineer Salary 1 - 6 years exp. (29 salaries)	₹3 L/yr - ₹5.8 L/yr 24% less
L&T Thales Technology Services Component Engineer Salary 2 - 6 years exp. (11 salaries)	₹4 L/yr - ₹5.6 L/yr 22% less
Larsen & Toubro Limited Component Engineer Salary 1 - 6 years exp. (11 salaries)	₹2.9 L/yr - ₹5.9 L/yr 26% less

Component Engineer salary at KONE ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of KONE.

Experience wise KONE Component Engineer salaries in Chennai

Last Updated: 21 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in KONE

Design Engineer Salary

(170 salaries)

₹2 L/yr - ₹10 L/yr

Senior Engineer Salary

(88 salaries)

₹4.5 L/yr - ₹14.56 L/yr

Lead Engineer Salary

(31 salaries)

₹5.35 L/yr - ₹9.9 L/yr

Junior Engineer Salary

(9 salaries)

₹2 L/yr - ₹4.25 L/yr

Lead Design Engineer Salary

(5 salaries)

₹5.5 L/yr - ₹6.8 L/yr

Assistant Engineer Salary

(3 salaries)

₹4.8 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹4.26 L/yr - ₹6 L/yr

Salary related reviews for KONE

5.0

Rated by 1 employees for salary & benefits

Senior Engineer in Patna

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Jul 2023

3.0

for Salary and Benefits

Likes

There are lot of thing in the organisation which makes a man capable of handling management but proper training in person is required. That is missing.

Dislikes

There are no physical trainings provided. No clear portal for learning. Pressure is high due to quarterly bonus system.

Senior Specialist in Chennai

Full Time

Quality Assurance Department

4.0

• posted on 23 Dec 2023

4.0

for Salary and Benefits

Likes

...re working. Global functions have good scope and visibility in the organization. Got a salary and designation change after 1 year of joining. Good appraisals as KONE has achieved its targets (exceeded) for 2023.

Dislikes

Conservative environment, lack of knowledge with the current tools and applications. Operations area are quiet hectic to work.

Technician in Kolkata

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Jul 2023

2.0

for Salary and Benefits

Likes

Too much Process oriented company. Salary gets credited on time.

Dislikes

Managers e.g. smrat mukharje in Kolkata branch are pathatic they put life thretening pressure. abuses all his juniors and he not have any good communinal skills. He wanted to take job if he don't like anyone for his personal reason such as lack of oilin & butterin.. He treats everyone like slavas. 100+ people lift becoz him in kol..

Service Technician in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

Safety wise good. Top management activities good.

Dislikes

... the target in time so Management need to improve different quality of target . Finally my personal opinion is salary is not sufficient and need to revise the salary for management and trainee.Thanks for the given opportunity

Material Management Executive in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 04 Dec 2022

4.0

for Salary and Benefits

Likes

One of the best Manufacturing industry.. I work in Global research centre. Here you can come accross various teams and their activities.. Work wise it is one of the best place.

Dislikes

Salary for new commers are great but for the existing employees it is worst.. This will make you to think how company values its existing employees who have more experience and knowledge..

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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KONE Component Engineer Salary FAQs

What is the salary of Component Engineer at KONE Chennai?

Component Engineer salary at KONE in Chennai ranges between ₹4.0 Lakhs to ₹7.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 7% more than the average Component Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of KONE Chennai.

How does the salary of a Component Engineer at KONE Chennai compare with the average salary range for this job?

The average salary of a Component Engineer at KONE is 7% more than the average salary of a Component Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than KONE to a Component Engineer in Chennai?

Valeo Component Engineer Salary - ₹5.1 Lakhs to ₹14.6 Lakhs per year

What is the salary of a Component Engineer in companies similar to KONE in Chennai?

L&T Thales Technology Services Component Engineer Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
L&T Technology Services Component Engineer Salary - ₹3.0 Lakhs to ₹5.8 Lakhs per year
Flex Component Engineer Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Larsen & Toubro Limited Component Engineer Salary - ₹2.9 Lakhs to ₹5.9 Lakhs per year

What is the estimated take home salary of a Component Engineer at KONE in Chennai?

The estimated take-home salary of a Component Engineer at KONE ranges between ₹45,195 per month to ₹46,283 per month in Chennai. The take-home salary calculation is based on the average KONE Component Engineer salary in India which ranges between ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Component Engineer at KONE in Chennai?

According to AmbitionBox, 50% of the KONE Component Engineers in Chennai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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KONE Component Engineer Salaries in Chennai

KONE Component Engineer salary in Chennai ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 KONE latest salaries received from various employees of KONE.