Midas Electricals Electrician and Technician Salaries by Employees

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₹4.3 Lakhs - ₹5.5 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 24 Aug 2023

Companies similar to Midas Electricals for Electrician and Technician

Company name	Avg Annual Salary	Open Jobs
R G Technosolutions Electrician and Technician Salary 7 - 25 years exp. (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr 62% less
Larsen & Toubro Limited Electrician and Technician Salary 1 - 8 years exp. (12 salaries)	₹2.2 L/yr - ₹3 L/yr 41% less
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Tata Motors Electrician and Technician Salary 0 - 8 years exp. (6 salaries)	₹3.4 L/yr - ₹6.2 L/yr 18% more
Tata Steel Electrician and Technician Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹5 L/yr 38% less

Electrician and Technician salary at Midas Electricals ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Midas Electricals.

Similar Designation salaries in Midas Electricals

Electrical Engineer Salary

(3 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Midas Electricals Electrician and Technician Salary FAQs

How the salary growth look like for a Electrician and Technician at Midas Electricals in India?

The salary growth for a Electrician and Technician at Midas Electricals depends on factors such as experience, performance, and promotions. On average, a Electrician and Technician can expect the following growth trajectory at Midas Electricals:

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Midas Electricals Electrician and Technician Salaries

Midas Electricals Electrician and Technician salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs. This is an estimate based on latest salaries received from employees of Midas Electricals.