MFE Formwork Technology Formwork Engineer salaries in Mumbai

The average salary of a Formwork Engineer at MFE Formwork Technology in Mumbai typically ranges from ₹2.9 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Formwork Engineer in Mumbai at MFE Formwork Technology earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Formwork Engineer Salaries at MFE Formwork Technology 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 MFE Formwork Technology employees in India.

The estimated take-home salary of a Formwork Engineer at MFE Formwork Technology in Mumbai typically ranges from ₹40,822 to ₹41,975 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 MFE Formwork Technology. Check how we calculate in-hand salary with our in-hand salary calculator.

Tata Projects	₹8.2 Lakhs to ₹9.5 Lakhs per year
MEVA Formwork Systems	₹4.3 Lakhs to ₹9.1 Lakhs per year
Larsen & Toubro Limited	₹5.0 Lakhs to ₹8.6 Lakhs per year
KEC International	₹5.0 Lakhs to ₹7.3 Lakhs per year

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

The salary of a Formwork Engineer at companies similar to MFE Formwork Technology in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DAN Aluform Consultancy

₹2.7 Lakhs to ₹3.8 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.

The salary growth for a Formwork Engineer at MFE Formwork Technology in Mumbai depends on factors such as experience, performance, and promotions. On average, a Formwork Engineer in Mumbai can expect the following growth trajectory at MFE Formwork Technology:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.