Matrix Tools & Solutions Design Engineer Salaries by 7 Employees

1 - 2 years exp.

₹2.2 Lakhs - ₹4.2 Lakhs

Salary of majority employees

37% less than the average Design Engineer Salary for 1 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Design Engineer Salary 2 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr
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Research & Development Design Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr

Last Updated: 1 Feb 2024

Companies similar to Matrix Tools & Solutions for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Design Engineer Salary 0 - 8 years exp. (1.4k salaries)	₹2.5 L/yr - ₹9.1 L/yr 60% more	1 job opening
TCS Design Engineer Salary 0 - 10 years exp. (1.2k salaries)	₹2.2 L/yr - ₹11.3 L/yr 101% more
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HCLTech Design Engineer Salary 1 - 7 years exp. (678 salaries)	₹2.4 L/yr - ₹9.7 L/yr 90% more	1 job opening
Larsen & Toubro Limited Design Engineer Salary 1 - 8 years exp. (614 salaries)	₹1.1 L/yr - ₹10 L/yr 75% more	4 job openings
Capgemini Design Engineer Salary 2 - 7 years exp. (203 salaries)	₹3 L/yr - ₹11 L/yr 100% more	5 job openings
Accenture Design Engineer Salary 0 - 7 years exp. (133 salaries)	₹3.6 L/yr - ₹12.4 L/yr 176% more	8 job openings
Wipro Design Engineer Salary 1 - 6 years exp. (113 salaries)	₹2.4 L/yr - ₹10.3 L/yr 103% more	1 job opening
Infosys Design Engineer Salary 0 - 7 years exp. (92 salaries)	₹2.3 L/yr - ₹10 L/yr 86% more	1 job opening
Reliance Industries Design Engineer Salary 1 - 8 years exp. (46 salaries)	₹4.6 L/yr - ₹15 L/yr 210% more
LTIMindtree Design Engineer Salary 1 - 5 years exp. (35 salaries)	₹2.5 L/yr - ₹8 L/yr 70% more
Deloitte Design Engineer Salary 3 - 13 years exp. (30 salaries)	₹22 L/yr - ₹67 L/yr 1209% more
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Cognizant Design Engineer Salary 2 - 8 years exp. (17 salaries)	₹4 L/yr - ₹14 L/yr 151% more
IBM Design Engineer Salary 2 - 15 years exp. (16 salaries)	₹5.1 L/yr - ₹20 L/yr 284% more
DXC Technology Design Engineer Salary 2 - 9 years exp. (12 salaries)	₹5.5 L/yr - ₹18.4 L/yr 220% more
Jio Design Engineer Salary 3 - 12 years exp. (8 salaries)	₹4 L/yr - ₹6.9 L/yr 66% more
Amazon Design Engineer Salary 0 - 3 years exp. (7 salaries)	₹15.3 L/yr - ₹32.4 L/yr 644% more
Genpact Design Engineer Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹10.4 L/yr 86% more
Reliance Retail Design Engineer Salary 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 42% more
PwC Design Engineer Salary 3 - 8 years exp. (5 salaries)	₹10 L/yr - ₹20.4 L/yr 380% more
ICICI Bank Design Engineer Salary 0 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹7 L/yr 43% more

View all

Design Engineer salary at Matrix Tools & Solutions ranges between ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Matrix Tools & Solutions.

Experience wise Matrix Tools & Solutions Design Engineer salaries

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
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2 years (6 salaries)	₹2.2 L/yr - ₹4.2 L/yr

Similar Designation salaries in Matrix Tools & Solutions

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Salary related reviews for Matrix Tools & Solutions

Tool Room Engineer in Pune

Research & Development Department

3.0

• posted on 07 May 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.I love the fact that I am a part of a team that markets rwliable,high quality products and has a global client base.Another plus point iis that my colleagues come from various cultural backgrounds,and we work happily in collaboration.I also like the employee re-hire policy.

Salary - Good

+5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometims ,I have to work 12-14 hours straight in a day as I have to attend client calls inthe evening and sometimes late into the night. Managers don't value an individuals` unique strengths, which is why I have to take back my suggestions most of the times.

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Top trending discussions

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Matrix Tools & Solutions Design Engineer Salary FAQs

What is the salary of Design Engineer at Matrix Tools & Solutions ?

The average salary of a Design Engineer at Matrix Tools & Solutions in India typically ranges from ₹2.2 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Design Engineer at Matrix Tools & Solutions earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Design Engineer Salaries at Matrix Tools & Solutions 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 7 Matrix Tools & Solutions employees in India.

What is the estimated take home salary of a Design Engineer at Matrix Tools & Solutions in India?

The estimated take-home salary of a Design Engineer at Matrix Tools & Solutions in India typically ranges from ₹23,186 to ₹24,652 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year 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 7 salaries received from various employees of Matrix Tools & Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Matrix Tools & Solutions for Design Engineer in India?

Deloitte	₹22.0 Lakhs to ₹67.0 Lakhs per year
Amazon	₹15.3 Lakhs to ₹32.4 Lakhs per year
PwC	₹10.0 Lakhs to ₹20.4 Lakhs per year
WNS	₹1.8 Lakhs to ₹34.7 Lakhs per year
IBM	₹5.1 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Matrix Tools & Solutions, depending on the role and experience level.

What is the salary of a Design Engineer in companies similar to Matrix Tools & Solutions in India?

The salary of a Design Engineer at companies similar to Matrix Tools & Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DXC Technology	₹5.5 Lakhs to ₹18.4 Lakhs per year
Reliance Industries	₹4.6 Lakhs to ₹15.0 Lakhs per year
Accenture	₹3.6 Lakhs to ₹12.4 Lakhs per year
Cognizant	₹4.0 Lakhs to ₹14.0 Lakhs per year
Wipro	₹2.4 Lakhs to ₹10.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Design Engineer at Matrix Tools & Solutions in India?

The salary growth for a Design Engineer at Matrix Tools & Solutions depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Matrix Tools & Solutions:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.6 Lakhs per year
2 years	₹2.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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Matrix Tools & Solutions Design Engineer Salaries

Matrix Tools & Solutions Design Engineer salary in India ranges between ₹2.2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Matrix Tools & Solutions latest salaries received from various employees of Matrix Tools & Solutions.