Machine Works Chennai Production Engineer Salaries by 2 Employees

1 - 2 years exp.

₹1.8 Lakh - ₹2.4 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Production, Manufacturing & Engineering Production Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Merchandising, Retail & eCommerce Production Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr

Last Updated: 14 Aug 2023

Companies similar to Machine Works for Production Engineer in Chennai

Machine Works Production Engineer Salary

1 - 2 years exp. (AmbitionBox Estimate)

₹1.8 L/yr - ₹2.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Timken Production Engineer Salary 0 - 7 years exp. (30 salaries)	₹1.8 L/yr - ₹4.8 L/yr 45% more
Wipro Infrastructure Engineering Production Engineer Salary 0 - 9 years exp. (28 salaries)	₹1.5 L/yr - ₹6.7 L/yr 60% more
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KONE Production Engineer Salary 0 - 6 years exp. (11 salaries)	₹2.3 L/yr - ₹4.2 L/yr 49% more
Tractors and Farm Equipment Production Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.5 L/yr - ₹6.5 L/yr 117% more	1 job opening
Caterpillar Inc Production Engineer Salary 1 - 6 years exp. (8 salaries)	₹1.4 L/yr - ₹4.5 L/yr 60% more
Danfoss Industries Production Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹2.5 L/yr 14% more
Thermax Limited Production Engineer Salary 5 - 8 years exp. (4 salaries)	₹4.2 L/yr - ₹8 L/yr 174% more	1 job opening
Flowserve Production Engineer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹6.8 L/yr 157% more

Production Engineer salary at Machine Works ranges between ₹1.8 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Machine Works.

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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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How the salary growth look like for a Production Engineer at Machine Works in Chennai?

The salary growth for a Production Engineer at Machine Works in Chennai depends on factors such as experience, performance, and promotions. On average, a Production Engineer in Chennai can expect the following growth trajectory at Machine Works:

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹1.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Machine Works Production Engineer Salaries in Chennai

Machine Works Production Engineer salary in Chennai ranges between ₹1.8 Lakh to ₹2.4 Lakhs. This is an estimate based on latest salaries received from employees of Machine Works.