Midas Mileage Mechanical Engineer Salaries by 2 Employees

2 - 3 years exp.

₹2.2 Lakhs - ₹2.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 26 Mar 2023

Companies similar to Midas Mileage for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 10 years exp. (538 salaries)	₹1.5 L/yr - ₹10 L/yr 124% more	1 job opening
Reliance Industries Mechanical Engineer Salary 1 - 12 years exp. (507 salaries)	₹1.7 L/yr - ₹10 L/yr 157% more	1 job opening
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HCLTech Mechanical Engineer Salary 1 - 6 years exp. (94 salaries)	₹2.2 L/yr - ₹10 L/yr 152% more
TCS Mechanical Engineer Salary 1 - 9 years exp. (63 salaries)	₹3 L/yr - ₹9.7 L/yr 161% more
Tech Mahindra Mechanical Engineer Salary 1 - 7 years exp. (45 salaries)	₹2 L/yr - ₹7.8 L/yr 84% more	1 job opening
Accenture Mechanical Engineer Salary 0 - 8 years exp. (17 salaries)	₹2.4 L/yr - ₹10.5 L/yr 146% more	6 job openings
Capgemini Mechanical Engineer Salary 1 - 7 years exp. (17 salaries)	₹3.5 L/yr - ₹8.9 L/yr 111% more	1 job opening
LTIMindtree Mechanical Engineer Salary 2 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹5 L/yr 78% more
Amazon Mechanical Engineer Salary 0 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹5 L/yr 13% more
IBM Mechanical Engineer Salary 1 - 5 years exp. (5 salaries)	₹6.1 L/yr - ₹16 L/yr 504% more
ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 25% more
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Infosys Mechanical Engineer Salary 0 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹6 L/yr 65% more	2 job openings
Wipro Mechanical Engineer Salary 0 - 1 year exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 61% more
Deloitte Mechanical Engineer Salary 0 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 253% more
Infosys BPM Mechanical Engineer Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 28% more
HDFC Bank Mechanical Engineer Salary 4 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 22% more
Cognizant Mechanical Engineer Salary 1 year exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 29% more

Mechanical Engineer salary at Midas Mileage ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Midas Mileage.

Similar Designation salaries in Midas Mileage

Shift Engineer Salary

(6 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 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 Mileage Mechanical Engineer Salary FAQs

How the salary growth look like for a Mechanical Engineer at Midas Mileage in India?

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

Experience	Average Salary Range
2 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Midas Mileage Mechanical Engineer Salaries

Midas Mileage Mechanical Engineer salary in India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs. This is an estimate based on latest salaries received from employees of Midas Mileage.