Midas Safety Production Engineer Salaries by 4 Employees

3 - 5 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% less than the average Production Engineer Salary in Retail Companies for 3 - 5 years of experience

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Last Updated: 21 Aug 2024

Companies similar to Midas Safety for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Diam Display India Private Limited Production Engineer Salary 2 - 7 years exp. (14 salaries)	₹2.5 L/yr - ₹5.3 L/yr 45% more
Decathlon Production Engineer Salary 3 - 10 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr 343% more
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Samvardhana Motherson Group Production Engineer Salary 1 - 6 years exp. (470 salaries)	₹1 L/yr - ₹5.8 L/yr 37% more
Kalintis Healthcare Production Engineer Salary 0 - 6 years exp. (397 salaries)	₹1.1 L/yr - ₹3.6 L/yr 12% less
EPL Limited Production Engineer Salary 1 - 9 years exp. (353 salaries)	₹1.4 L/yr - ₹4 L/yr 18% more

Production Engineer salary at Midas Safety ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Midas Safety.

Experience wise Midas Safety Production Engineer salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Midas Safety

Production Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Junior Engineer Salary

(5 salaries)

₹1.85 L/yr - ₹3 L/yr

Production Incharge Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Associate Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Midas Safety

4.0

Rated by 1 employees for salary & benefits

Sales Executive in Chennai

Sale Executive Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

Freedom Only thing that you have to do your job, it's up to you how would you do it.

Job security - Excellent

+1 more

Dislikes

There is lot of politics in upper management There is no stability in organisation And there is no accountability of any ony In the end the sales man is the culprit and everyone else is bashing him.

Work satisfaction - Bad

+1 more

Procurement And Category Manager in Dubai

Procurement & Supply Chain Department

4.0

• posted on 08 Jul 2019

4.0

for Salary and Benefits

Likes

its company with good ethics and values for all employees, good job security and work satisfaction. you have freedom to and complete the project or work in specified time without any higher official pressures.

Salary - Good

+5 more

Dislikes

Disappointment is lots of changes in higher management dents the growth of company as every new person brings in new idea and the earlier once are half fulfilled which leads to confusion and disappointment. job profile was not specific or specified if we raise any issues. overall good company to work for.

Purchase Executive in Dubai

Procurement & Supply Chain Department

2.0

• posted on 10 Aug 2019

3.0

for Salary and Benefits

Likes

The company have a very strong team for manufacturing/Production side. The facilities are provided decent and satisfying.

Dislikes

Very unplanned cruicial decision making, change of top positions and unorganized work culture. Have skilled manpower within which turns unidentiffied and unused. Very strong organization base , but the distribution channel is very unstable.

Job security - Bad

+4 more

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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 Safety Production Engineer Salary FAQs

What is the salary of Production Engineer at Midas Safety ?

The average salary of a Production Engineer at Midas Safety in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Production Engineer at Midas Safety earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Production Engineer Salaries at Midas Safety 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 Midas Safety employees in India.

What is the estimated take home salary of a Production Engineer at Midas Safety in India?

The estimated take-home salary of a Production Engineer at Midas Safety in India typically ranges from ₹17,950 to ₹19,644 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 Midas Safety. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Midas Safety for Production Engineer in India?

Decathlon	₹8.0 Lakhs to ₹14.0 Lakhs per year
Diam Display India Private Limited	₹2.5 Lakhs to ₹5.3 Lakhs per year
Samvardhana Motherson Group	₹1.0 Lakhs to ₹5.8 Lakhs per year
EPL Limited	₹1.4 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Production Engineer in companies similar to Midas Safety in India?

The salary of a Production Engineer at companies similar to Midas Safety in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kalintis Healthcare

₹1.1 Lakhs to ₹3.6 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.

How the salary growth look like for a Production Engineer at Midas Safety in India?

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

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Midas Safety Production Engineer Salaries

Midas Safety Production Engineer salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Midas Safety latest salaries received from various employees of Midas Safety.