Microtek Forgings Executive Salaries by 5 Employees (Updated 2024)

4 - 8 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

17% less than the average Executive Salary in Automobile Companies for 4 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Executive Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
Research & Development Executive Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
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Human Resources Executive Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 24 May 2024

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Executive salary at Microtek Forgings ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Microtek Forgings.

Experience wise Microtek Forgings Executive salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

Similar Designation salaries in Microtek Forgings

Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹3.15 L/yr

QA Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹7.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Quality Engineer Salary

(4 salaries)

₹1.4 L/yr - ₹3.25 L/yr

Quality Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Junior Engineer Salary

(9 salaries)

₹1.3 L/yr - ₹3 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Quality Inspector Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Microtek Forgings

4.0

Rated by 2 employees for salary & benefits

Assistant Manager in Bawal

Full Time

Quality Assurance Department

1.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

Only salary comes on time.

Dislikes

Culture- Worst, politics - Extream, Management- 3rd class, work pressure- Extream, Motivation - Nil, No new comer can survive here. Any how by hook or crook they will not continue with u. Only old guys are trustable. They will insult you every time in front of everyone. You will be threatened that you might lose your job. If you do the right thing, nothing will happen..if you make even one mistake, then understand how much they will humiliate you.

Divisional Manager in Bawal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Nov 2023

4.0

for Salary and Benefits

Likes

M/S Microtek Forgings is a good platform to showcase our performance and give chance to implement new innovative technologies. Here is more focus on his employee discipline.

Dislikes

M/S Microtek Forgings not compromise with any type of undiscipline and unpunctuality.

Assistant General Manager Production in Bawal

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 May 2022

4.0

for Salary and Benefits

Likes

Not good for new comer. Appraisal are not transparent. Hikes are not sure that some one will get yearly. Other perks are intact but not fixed at any time it can be changed. Management not transparent at all.

Dislikes

Working time is not fixed for middle and upper lavel employees.

Junior Executive

Research & Development Department

4.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

It is a good company for learning specialy in Design & Development Department. There are many learning apportunities like software, training etc in Design Department. There are multiple types of components which are very useful for a learner.

Dislikes

There is very bed politics. No value of telent and Employs feels a pressure like bonded Labor. One things is very bed there, Employees can't go to Home timely after his duty they have to work after duty hours.

Jr. Executive Design

Research & Development Department

4.0

• posted on 17 Mar 2018

3.0

for Salary and Benefits

Likes

It is good manufacturing company of forgings. There are many learning equipment and machinery which will be helf to grow our skills. Specifically in design & Development there are many learning opportunities.

Dislikes

Politics

see more salary related reviews

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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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Microtek Forgings Executive Salary FAQs

What is the salary of Executive at Microtek Forgings?

Executive salary at Microtek Forgings in India ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 17% less than the average Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Microtek Forgings India.

How does the salary of a Executive at Microtek Forgings India compare with the average salary range for this job?

The average salary of a Executive at Microtek Forgings is 17% less than the average salary of a Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Microtek Forgings to a Executive in India?

Honda Motorcycle & Scooter Executive Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Hyundai Motor India Limited Executive Salary - ₹2.1 Lakhs to ₹15.1 Lakhs per year
Tata Motors Executive Salary - ₹2.8 Lakhs to ₹12.3 Lakhs per year
Hero MotoCorp Executive Salary - ₹2.6 Lakhs to ₹11.0 Lakhs per year
suzuki motor gujarat Executive Salary - ₹3.2 Lakhs to ₹8.4 Lakhs per year

What is the salary of a Executive in companies similar to Microtek Forgings in India?

Honda Executive Salary - ₹1.8 Lakhs to ₹10.4 Lakhs per year
Honda Cars Executive Salary - ₹3.6 Lakhs to ₹10.0 Lakhs per year
Volvo Executive Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
Yamaha Motor Executive Salary - ₹2.2 Lakhs to ₹9.7 Lakhs per year
Maruti Suzuki Executive Salary - ₹1.1 Lakhs to ₹9.9 Lakhs per year

What is the estimated take home salary of a Executive at Microtek Forgings in India?

The estimated take-home salary of a Executive at Microtek Forgings ranges between ₹28,248 per month to ₹29,638 per month in India. The take-home salary calculation is based on the average Microtek Forgings Executive salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Executive at Microtek Forgings?

According to AmbitionBox, 57% of the Microtek Forgings Executives reported a notice period of 1 Month, 43% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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Microtek Forgings Executive Salaries

Microtek Forgings Executive salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Microtek Forgings latest salaries received from various employees of Microtek Forgings.