Malar Electricals Vellore Electrical Engineer Salaries by 2 Employees

5 - 7 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 1 Jul 2023

Companies similar to Malar Electricals for Electrical Engineer in Vellore

Malar Electricals Electrical Engineer Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
MRF Tyres Electrical Engineer Salary 4 - 7 years exp. (6 salaries)	₹4 L/yr - ₹6.1 L/yr 88% more
ATH Leather Fabrics Electrical Engineer Salary 5 - 8 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr 25% less
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PEINER SMAG Machinery Electrical Engineer Salary 8 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹4.3 L/yr 32% more
Irclass Systems And Solutions Electrical Engineer Salary 12 - 14 years exp. (3 salaries)	₹3.2 L/yr - ₹4.8 L/yr 29% more	3 job openings
Allanasons Electrical Engineer Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹5.1 L/yr 36% more

Electrical Engineer salary at Malar Electricals ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Malar Electricals.

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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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Malar Electricals Electrical Engineer Salary FAQs

How the salary growth look like for a Electrical Engineer at Malar Electricals in Vellore?

The salary growth for a Electrical Engineer at Malar Electricals in Vellore depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer in Vellore can expect the following growth trajectory at Malar Electricals:

Experience	Average Salary Range
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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Malar Electricals Electrical Engineer Salaries in Vellore

Malar Electricals Electrical Engineer salary in Vellore ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Malar Electricals.