Mold-Masters Senior Mechanical Design Engineer Salaries by 5 Employees

5 - 11 years exp.

₹5.5 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Senior Mechanical Design Engineer Salary for 5 - 11 years of experience

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Last Updated: 25 Mar 2023

Companies similar to Mold-Masters for Senior Mechanical Design Engineer

Company name	Avg Annual Salary	Open Jobs
WEG Senior Mechanical Design Engineer Salary 5 - 8 years exp. (5 salaries)	₹8.3 L/yr - ₹10 L/yr 49% more
Harsco Senior Mechanical Design Engineer Salary 15 - 21 years exp. (4 salaries)	₹19.4 L/yr - ₹23.8 L/yr 255% more
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Amphenol Interconnect Senior Mechanical Design Engineer Salary 5 - 8 years exp. (4 salaries)	₹6.5 L/yr - ₹9 L/yr 26% more
Bombardier Transportation Senior Mechanical Design Engineer Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹10.5 L/yr 57% more
L&T Technology Services Senior Mechanical Design Engineer Salary 4 - 10 years exp. (92 salaries)	₹5.2 L/yr - ₹10.9 L/yr 36% more

Senior Mechanical Design Engineer salary at Mold-Masters ranges between ₹5.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Mold-Masters.

Experience wise Mold-Masters Senior Mechanical Design Engineer salaries

Last Updated: 25 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr

View all

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Project Engineer Salary

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Technical Lead Salary

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₹10.4 L/yr - ₹13.2 L/yr

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₹11.8 L/yr - ₹15.1 L/yr

Salary related reviews for Mold-Masters

Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

The office is at good location for coimbatore people.

Dislikes

...en you do WFO. Working day at Saturday is not market policy for design office. No competitive salary package. Less to No team engagement activity.

Salary - Bad

+5 more

Engineer in Coimbatore

Other Department

5.0

• posted on 16 Mar 2018

4.0

for Salary and Benefits

Likes

...t Technologies.. will have opportunities to travel outstations/ international... pay offered is also comparatively good

Salary - Good

+6 more

Dislikes

Since IAM into service line , cannot plan for immediate leaves, sometimes I need to work for late hours may be 15-16 hrs. It's just once in a while so I am fine with it. Overall everything is great.

Enginner In Coimbatore in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 23 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing to say in this field

Dislikes

In Coperion division,most of the Lead engineers are from other fields,they don't have sound technical knowledge. Micro management and Bossiom culture. Management is not capable to identify the knowledgeable people.

Salary - Bad

+6 more

Tool & DIE Maker(Tool Room) in Coimbatore

tool maker Department

5.0

• posted on 30 Aug 2018

3.0

for Salary and Benefits

Likes

my work experience was very good , every department co workers are very friendly,sports and annual function conducted very nice, but the management and rules are very bad, if they want you the communications will be good , if they don't want you they will go bottom level to treat you.

Skill development - Excellent

+2 more

Dislikes

1. Mobile phone is not allowed in factory for only shop floor employees 2. shop floor employees have following one rules, office employees following one rules 3. they are not think about the shop floor employees 4. increment is not good only for factory employees

Job security - Poor

+1 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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Mold-Masters Senior Mechanical Design Engineer Salary FAQs

What is the salary of Senior Mechanical Design Engineer at Mold-Masters ?

The average salary of a Senior Mechanical Design Engineer at Mold-Masters in India typically ranges from ₹5.5 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Senior Mechanical Design Engineer at Mold-Masters earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Senior Mechanical Design Engineer Salaries at Mold-Masters 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 5 Mold-Masters employees in India.

What is the estimated take home salary of a Senior Mechanical Design Engineer at Mold-Masters in India?

The estimated take-home salary of a Senior Mechanical Design Engineer at Mold-Masters in India typically ranges from ₹46,146 to ₹47,240 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 5 years to 11 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 5 salaries received from various employees of Mold-Masters. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mold-Masters for Senior Mechanical Design Engineer in India?

Harsco	₹19.4 Lakhs to ₹23.8 Lakhs per year
Bombardier Transportation	₹8.5 Lakhs to ₹10.5 Lakhs per year
WEG	₹8.3 Lakhs to ₹10.0 Lakhs per year
L&T Technology Services	₹5.2 Lakhs to ₹10.9 Lakhs per year
Amphenol Interconnect	₹6.5 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Senior Mechanical Design Engineer at Mold-Masters in India?

The salary growth for a Senior Mechanical Design Engineer at Mold-Masters depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at Mold-Masters:

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Mold-Masters Senior Mechanical Design Engineer Salaries

Mold-Masters Senior Mechanical Design Engineer salary in India ranges between ₹5.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mold-Masters latest salaries received from various employees of Mold-Masters.