LOYAL Equipments Mumbai Salaries by 5 Employees

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Project & Program Management

Designation	Avg Annual Salary	Open Jobs
Project Manager 12 - 14 years exp. · Mumbai (3 salaries)	₹12 L/yr - ₹13.8 L/yr
Starting your career? Discover LOYAL Equipments fresher salaries in India
Production Engineer 3 years exp. · Mumbai (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Starting your career? Discover LOYAL Equipments fresher salaries in India
Production Supervisor 3 years exp. · Mumbai (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
Starting your career? Discover LOYAL Equipments fresher salaries in India

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Salary Discussions, Hike & Promotions

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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Salary related reviews for LOYAL Equipments

Senior Engineer Purchase in Zak Dahegam

Procurement & Supply Chain Department

2.0

• posted on 11 May 2022

3.0

for Salary and Benefits

Likes

Good to learn technical knowledge

Dislikes

No Job security, Horrible experience from HR & Top management, not giving salary for Notice period, One sided bond only for Employees not applicable for company. Totally unprofessional approch, No manners to talking with employees. Lack off team works, bad politics.

Job security - Bad

+4 more

Assistant Manager- HR in Ahmedabad

Human Resources Department

1.0

• posted on 23 Jan 2019

1.0

for Salary and Benefits

Likes

Nothing

Promotions - Good

Dislikes

Management force to do long hours even you don't have work. Employee has to singed three year bond with 10% retention of CTC which you get after three years. Once you sign the bond they treat as slave.

Salary - Bad

+5 more

Senior QA QC Engineer

Quality Assurance Department

5.0

• posted on 07 Nov 2018

5.0

for Salary and Benefits

Likes

Loyal Equipments limited is the best company basically Pressure Vessels, Heat Exchangers, Consoles, Structure Works for my view. I'm deeply work with fully involved with this organisation and enjoy with my work even very hard work load, because of their good atmosphere and well helping culture. Thanks for your support Loyal team and especially Alkesh sir.

Salary - Excellent

+6 more

Dislikes

Doesn't any things that dislike me from my working period..but need some system establishment that works can easy..because of now loyal will achieve top targets that's why work load will be increased.that time need system will be improved, hence work can be easier.

Assistant Manager- HR in Ahmedabad

Other Department

1.0

• posted on 21 Aug 2018

3.0

for Salary and Benefits

Likes

Company is local in terms of location and having person management. This is good place if you are crazy to work 24hour and learn all aspects of engineering whether belongs to you or not.

Skill development - Good

Dislikes

Management screw against the payment, here is nothing called human everything is machine.

Job security - Bad

+4 more

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Average annual salary in LOYAL Equipments , Mumbai is INR . Salary estimates are based on 5 LOYAL Equipments latest salaries received from various employees of LOYAL Equipments.