Medha Servo Drives Technician 1 Salaries by 4 Employees (Updated 2024)

2 - 5 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Technician 1 Salary in Electrical Equipment Companies for 2 - 5 years of experience

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Last Updated: 13 Oct 2023

Companies similar to Medha Servo Drives for Technician 1

Company name	Avg Annual Salary	Open Jobs
Sun Pharmaceutical Industries Technician 1 Salary 4 - 13 years exp. (23 salaries)	₹2.7 L/yr - ₹5.4 L/yr 14% more	1 job opening
Wistron Technician 1 Salary 1 - 6 years exp. (17 salaries)	₹1.7 L/yr - ₹3 L/yr 21% less
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HARMAN Technician 1 Salary 3 - 6 years exp. (11 salaries)	₹3.5 L/yr - ₹5 L/yr 31% more
Alpla Technician 1 Salary 1 - 6 years exp. (10 salaries)	₹2.3 L/yr - ₹3.1 L/yr 19% less
Tata Electronics Technician 1 Salary 2 - 5 years exp. (10 salaries)	₹1.7 L/yr - ₹2.6 L/yr 30% less

Technician 1 salary at Medha Servo Drives ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Medha Servo Drives.

Experience wise Medha Servo Drives Technician 1 salaries

Last Updated: 13 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4 L/yr

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Salary related reviews for Medha Servo Drives

ITI Fitter in Hyderabad / Secunderabad

Full Time

Other Department

5.0

• posted on 06 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

No complaints

Assistant Engineer in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

5.0

• posted on 10 Mar 2021

4.0

for Salary and Benefits

Likes

Work culture is very pleasant and friendly. Overall work policies of the company and the management is mostly works in favor of the employees. Also employees and the work environment suits too good.

Dislikes

salary hike is less .

Assistant Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 31 Jul 2019

5.0

for Salary and Benefits

Likes

The company is readily adopts latest technology. I love the fact that the company always taking care of customer by providing better service.

Dislikes

Compensation is decent but growth is slow. Work pressure is very high, sometimes I have to work more than 12 hours in a day for 10 to 12 day in a month to fulfill customer demand.

R&D Engineer in Hyderabad / Secunderabad

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.

Purchase Engineer in Hyderabad / Secunderabad

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Medha Servo Drives Technician 1 Salary FAQs

What is the salary of Technician 1 at Medha Servo Drives?

Technician 1 salary at Medha Servo Drives in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 9% more than the average Technician 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Medha Servo Drives India.

How does the salary of a Technician 1 at Medha Servo Drives India compare with the average salary range for this job?

The average salary of a Technician 1 at Medha Servo Drives is 9% more than the average salary of a Technician 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Medha Servo Drives to a Technician 1 in India?

HARMAN Technician 1 Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
Sun Pharmaceutical Industries Technician 1 Salary - ₹2.7 Lakhs to ₹5.4 Lakhs per year

What is the salary of a Technician 1 in companies similar to Medha Servo Drives in India?

Alpla Technician 1 Salary - ₹2.3 Lakhs to ₹3.1 Lakhs per year
Wistron Technician 1 Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
Tata Electronics Technician 1 Salary - ₹1.7 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Technician 1 at Medha Servo Drives in India?

The estimated take-home salary of a Technician 1 at Medha Servo Drives ranges between ₹23,523 per month to ₹24,984 per month in India. The take-home salary calculation is based on the average Medha Servo Drives Technician 1 salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Technician 1 at Medha Servo Drives?

According to AmbitionBox, 80% of the Medha Servo Drives Technician 1s reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Medha Servo Drives Technician 1 Salaries

Medha Servo Drives Technician 1 salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.