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Medha Servo Drives Salaries in Mumbai

based on 28 latest salaries
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Production, Manufacturing & Engineering
Designation Avg Annual Salary Open Jobs
1 - 6 years exp. · Mumbai (11 salaries)
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₹2.9 L/yr - ₹5.9 L/yr

4 - 6 years exp. · Mumbai (5 salaries)
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₹6 L/yr - ₹7 L/yr

5 - 7 years exp. · Mumbai (3 salaries)
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₹4.5 L/yr - ₹7.5 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹3 L/yr

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Last Updated: 6 Dec, 2024

Salary related reviews for Medha Servo Drives

2.9

Rated by 14 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 17 Nov 2023

3.0
 for  Salary and Benefits

Likes

Yearly twice increment and field of work

Dislikes

Not a 5 day office. Lot of deductions from salary that you can't expect. No difference in salary if highly performed, get same amount of money of less skilled people.

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Full Time

 · 

Research & Development Department

1.0
  •  posted on 28 Dec 2022

1.0
 for  Salary and Benefits

Likes

Nothing good

Dislikes

...acting people 2.No respect 3.Work pressure was too high 4.Seniors domination 5.No salary hike Believe me if you have done 1 hour work your need to waste 3 hours of time to show your work Bad words spoken by General manager

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Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 22 May 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture.Company policies are good,Teammates are supportive &This the place where we can develop knowledge & Skills,Company give good salary hike and bonus every year

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Dislikes

There is a lot of politics & Seniors doesn't address our issue in my department.

Full Time

 · 

Environment Health & Safety Department

4.0
  •  posted on 28 Jan 2022

4.0
 for  Salary and Benefits

Likes

...t. Top Management is working very hard to take the organization to next level. They paid full salary during lockdown and later reduced the no. of leaves, reduced bonus and increment to 30% of actual amount for that year.

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Dislikes

HR is weak. HR policies can be improved.

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 14 May 2022

4.0
 for  Salary and Benefits

Likes

There is a large scope to improve one's knowledge in many fields in this organization. Management take care for their employees in regard of the Personal Health and Work Environmental Health.

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Dislikes

Compensation is decent, but growth is slow.

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Medha Servo Drives Salary FAQs

How much does Medha Servo Drives pay per year?
The average Medha Servo Drives salary ranges from approximately ₹1 Lakh to ₹1.7 Lakh per year for a Helper and ₹24.8 Lakhs to ₹36 Lakhs per year for a R&D Manager. Salary estimates are based on 28 Medha Servo Drives salaries received from various employees of Medha Servo Drives. Medha Servo Drives employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in Medha Servo Drives?
The highest-paying job at Medha Servo Drives is a R&D Manager with a salary of ₹24.8 Lakhs to ₹36 Lakhs per year. The top 10% of employees earn more than ₹11 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Medha Servo Drives?
Minimum salary at Medha Servo Drives depends on the role you are applying for. For Technician the minimum salary is ₹1.8 Lakh to ₹4 Lakhs per year, and for Technical Assistant the minimum salary is ₹1.6 Lakh to ₹4.8 Lakhs per year and so on.
What is the salary package for freshers in Medha Servo Drives?
The average salary at Medha Servo Drives for freshers varies from ₹2.1 Lakhs to ₹4.5 Lakhs per year for Service Engineer and ₹3.4 Lakhs to ₹6.1 Lakhs per year for R&D Engineer.
What is the notice period at Medha Servo Drives in Mumbai?
According to AmbitionBox, 55% of the Medha Servo Drives employees in Mumbai reported a notice period of 2 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in Medha Servo Drives , Mumbai is INRunlock blur . Salary estimates are based on 28 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.

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