Memco Engineering CNC Setter Salaries by 4 Employees (Updated 2025)

1 - 10 years exp.

₹1.7 Lakh - ₹3.4 Lakhs

Salary of majority employees

9% less than the average CNC Setter Salary in Industrial Machinery Companies for 1 - 10 years of experience

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Last Updated: 11 Dec 2024

Companies similar to Memco Engineering for CNC Setter

Company name	Avg Annual Salary	Open Jobs
Shivam Autotech CNC Setter Salary 1 - 12 years exp. (30 salaries)	₹1.8 L/yr - ₹3.6 L/yr 8% more
Maini Precision Products CNC Setter Salary 2 - 10 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 49% more
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Micro Turners CNC Setter Salary 0 - 10 years exp. (19 salaries)	₹1.3 L/yr - ₹4 L/yr 9% less
Tata Electronics CNC Setter Salary 0 - 7 years exp. (14 salaries)	₹2.8 L/yr - ₹4.3 L/yr 38% more
Aquasub Engineering CNC Setter Salary 1 - 5 years exp. (12 salaries)	₹1.7 L/yr - ₹2.1 L/yr 23% less

CNC Setter salary at Memco Engineering ranges between ₹1.7 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Memco Engineering.

Experience wise Memco Engineering CNC Setter salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Memco Engineering

CNC Operator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Operator Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Supervisor Salary

(3 salaries)

₹2.8 L/yr - ₹4 L/yr

Technician Salary

(3 salaries)

₹1.6 L/yr - ₹3 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Maintenance Fitter Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Service Engineer Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Technician Salary

(3 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Memco Engineering

3.0

Rated by 1 employees for salary & benefits

Engineer Trainee in Nashik

Full Time

Other Department

3.0

• posted on 22 Feb 2024

3.0

for Salary and Benefits

Likes

The way they teach basics about production line and how to face situations and encourage to learn something new.

Dislikes

financial growth is very poor and as per education they don't treat such respect. The degree holder and 12th pass employee both are same for them.

T&C Engineer in Bangalore / Bengaluru

Construction & Site Engineering Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

I am from Memco. Mitsubishi gave contract to memco to carry out testing and commission activities in india and no direct T and C person from Mitsubishi working in india

Dislikes

Job change over will improve my growth

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Memco Engineering CNC Setter Salary FAQs

What is the salary of CNC Setter at Memco Engineering?

CNC Setter salary at Memco Engineering in India ranges between ₹1.7 Lakhs to ₹3.4 Lakhs for experience between 1 years to 10 years. According to our estimates it is 9% less than the average CNC Setter Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Memco Engineering India.

How does the salary of a CNC Setter at Memco Engineering India compare with the average salary range for this job?

The average salary of a CNC Setter at Memco Engineering is 9% less than the average salary of a CNC Setter in India. To know exact salary insights, login to view.

Which similar companies are paying more than Memco Engineering to a CNC Setter in India?

Maini Precision Products CNC Setter Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Tata Electronics CNC Setter Salary - ₹2.8 Lakhs to ₹4.3 Lakhs per year
Shivam Autotech CNC Setter Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year

What is the salary of a CNC Setter in companies similar to Memco Engineering in India?

Micro Turners CNC Setter Salary - ₹1.3 Lakhs to ₹4.0 Lakhs per year
Aquasub Engineering CNC Setter Salary - ₹1.7 Lakhs to ₹2.1 Lakhs per year

What is the estimated take home salary of a CNC Setter at Memco Engineering in India?

The estimated take-home salary of a CNC Setter at Memco Engineering ranges between ₹17,201 per month to ₹18,905 per month in India. The take-home salary calculation is based on the average Memco Engineering CNC Setter salary in India which ranges between ₹1.7 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for CNC Setter at Memco Engineering?

According to AmbitionBox, 100% of the Memco Engineering CNC Setters reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Memco Engineering CNC Setter Salaries

Memco Engineering CNC Setter salary in India ranges between ₹1.7 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Memco Engineering latest salaries received from various employees of Memco Engineering.