Mecon Ranchi Diploma Trainee Engineer Salaries by 4 Employees

1 - 4 years exp.

₹1 Lakh - ₹1.2 Lakh

Avg. annual salary

Monthly In-hand Salary

51% less than the average Diploma Trainee Engineer Salary in Metals & Mining Companies for 1 - 4 years of experience

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Salaries in different departments

Construction & Site Engineering Diploma Trainee Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr
Project & Program Management Diploma Trainee Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr
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Research & Development Diploma Trainee Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr

Last Updated: 22 Dec 2023

Companies similar to Mecon for Diploma Trainee Engineer in Ranchi

Mecon Diploma Trainee Engineer Salary

1 - 4 years exp. (4 salaries)

₹1 L/yr - ₹1.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Heavy Engineering Corporation Diploma Trainee Engineer Salary 2 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹2 L/yr 58% more
SNL Bearings Diploma Trainee Engineer Salary 0 - 3 years exp. (5 salaries)	₹1.3 L/yr - ₹2.5 L/yr 74% more
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Jaya Hind Industries Diploma Trainee Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2.1 L/yr 84% more
Bihar Foundry Castings Diploma Trainee Engineer Salary 2 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹2.3 L/yr 65% more
Hindalco Industries Diploma Trainee Engineer Salary 0 - 1 year exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 157% more

Diploma Trainee Engineer salary at Mecon ranges between ₹1 Lakh to ₹1.2 Lakh per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Mecon.

Experience wise Mecon Diploma Trainee Engineer salaries in Ranchi

Last Updated: 22 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr

Similar Designation salaries in Mecon

Assistant Engineer Salary

(14 salaries)

₹4.62 L/yr - ₹6.15 L/yr

Salary related reviews for Mecon

4.0

Rated by 1 employees for salary & benefits

Assistant Engineer in Ranchi

Full Time

Project & Program Management Department

1.0

• posted on 22 Apr 2022

1.0

for Salary and Benefits

Likes

Sab zero hai mecon me...single line sentence me kaho to.

Dislikes

No increment in 2.5 yrs ,start and end with the same salary, boss type culture, sirf suno bolo mat...no timing for work, even Sunday is not off... Mental harassment so much. Jab security zero.

Salary - Bad

+6 more

Assistant Engineer in Ranchi

Project & Program Management Department

1.0

• posted on 23 Nov 2020

3.0

for Salary and Benefits

Likes

I am totally dissatisfied with Mecon Limited. The working culture is not good. Upper management always disappointed the Lower staff. I have worst experience with Mecon. No job security there. If you are a contract staff on full time fixed tenure then you will be terminated after your contract expires. No one entertain you.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but no carrier growth is here. If you are in contract then you are terminated after contract expires. Your carrier spoil when you join mecon.

Skill development - Poor

+5 more

Manager (Environment Engineering) in Ranchi

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 13 Feb 2024

1.0

for Salary and Benefits

Likes

If posted in Ranchi and not in a transferable department, the weather and perks of a small city is enjoyable.

Dislikes

No employee care, poor appraisal system, unorganised HR functions, Policies on "Face-Value" culture, poor salary distribution, Bloated organization structure, too cumbersome working policies and inefficient manpower burden, too stressful for people who work, easy for people who don't want to work and can go by just watching walls.

Salary - Bad

+5 more

Asst. Executive ( Contracts) in Ranchi

Contractual

Procurement & Supply Chain Department

4.0

• posted on 15 Sep 2024

2.0

for Salary and Benefits

Likes

Location and township are good. you can balance your personal and professional life in this company. Seniors are supporting and working environments are friendly.

Skill development - Good

+3 more

Dislikes

Poor salary structure for contractual employees with no job security.

Salary - Poor

+2 more

Operations And Maintenance Executive in Jagdalpur

Contractual

Production, Manufacturing & Engineering Department

4.0

• posted on 13 Jun 2023

4.0

for Salary and Benefits

Likes

Provide good salary hike for the persons who are paid less in other organisation. Salary is provided on the basis of your work experience & qualification. Not on previous company salary.

Salary - Good

+4 more

Dislikes

Salary is paid minimum 20 of next month. HR working system is slow as compared to other organisation. No employee portal for leave creation & for hr policy etc.

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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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Mecon Diploma Trainee Engineer Salary FAQs

What is the salary of Diploma Trainee Engineer at Mecon in Ranchi?

The average salary of a Diploma Trainee Engineer at Mecon in Ranchi typically ranges from ₹1.0 Lakhs to ₹1.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Diploma Trainee Engineer in Ranchi at Mecon earn more than ₹1.2 Lakhs per year, and the top 1% earn over ₹1.2 Lakhs per year. Diploma Trainee Engineer Salaries at Mecon 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 4 Mecon employees in India.

What is the estimated take home salary of a Diploma Trainee Engineer at Mecon in Ranchi?

The estimated take-home salary of a Diploma Trainee Engineer at Mecon in Ranchi typically ranges from ₹7,411 to ₹8,104 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹1.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 salaries received from various employees of Mecon. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mecon for Diploma Trainee Engineer in India?

Hindalco Industries	₹2.2 Lakhs to ₹3.0 Lakhs per year
Jaya Hind Industries	₹1.5 Lakhs to ₹2.1 Lakhs per year
SNL Bearings	₹1.3 Lakhs to ₹2.5 Lakhs per year
Bihar Foundry Castings	₹1.5 Lakhs to ₹2.3 Lakhs per year
Heavy Engineering Corporation	₹1.2 Lakhs to ₹2.0 Lakhs per year

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

How the salary growth look like for a Diploma Trainee Engineer at Mecon in Ranchi?

The salary growth for a Diploma Trainee Engineer at Mecon in Ranchi depends on factors such as experience, performance, and promotions. On average, a Diploma Trainee Engineer in Ranchi can expect the following growth trajectory at Mecon:

Experience	Average Salary Range
1 year	₹0.9 Lakhs to ₹1.1 Lakhs per year
2 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
3 years	₹1.0 Lakhs to ₹1.3 Lakhs per year
4 years	₹1.0 Lakhs to ₹1.3 Lakhs per year

and so on.

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Mecon Diploma Trainee Engineer Salaries in Ranchi

Mecon Diploma Trainee Engineer salary in Ranchi ranges between ₹1 Lakh to ₹1.2 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Mecon latest salaries received from various employees of Mecon.