Mold-Tek Technologies Mechanical Engg. Design Salaries by 8 Employees

0 - 4 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Mechanical Engg. Design Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Last Updated: 6 Oct 2024

Companies similar to Mold-Tek Technologies for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
Axiscades Mechanical Engg. Design Salary 2 - 8 years exp. (42 salaries)	₹2.8 L/yr - ₹9 L/yr 117% more
ITC Infotech Mechanical Engg. Design Salary 3 - 6 years exp. (30 salaries)	₹3.9 L/yr - ₹7 L/yr 102% more
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HCLTech Mechanical Engg. Design Salary 1 - 6 years exp. (342 salaries)	₹2.3 L/yr - ₹10 L/yr 117% more
L&T Technology Services Mechanical Engg. Design Salary 2 - 8 years exp. (281 salaries)	₹3 L/yr - ₹9.1 L/yr 120% more
Tech Mahindra Mechanical Engg. Design Salary 1 - 8 years exp. (190 salaries)	₹2.5 L/yr - ₹9 L/yr 93% more

Mechanical Engg. Design salary at Mold-Tek Technologies ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Mold-Tek Technologies.

Experience wise Mold-Tek Technologies Mechanical Engg. Design salaries

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
3 years (3 salaries)	₹1.1 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr

Similar Designation salaries in Mold-Tek Technologies

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Senior Design Engineer Salary

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₹5.5 L/yr - ₹9.6 L/yr

Checker Salary

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₹3.25 L/yr - ₹7.8 L/yr

Senior Checker Salary

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₹5.7 L/yr - ₹10 L/yr

Tekla Modeller Salary

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Simulator Engineer Salary

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Junior Design Engineer Salary

(18 salaries)

₹2 L/yr - ₹6 L/yr

Junior Checker Salary

(15 salaries)

₹2 L/yr - ₹5 L/yr

Junior Modeller Salary

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₹3.95 L/yr - ₹6 L/yr

Trainee Design Engineer Salary

(11 salaries)

₹1.9 L/yr - ₹2.85 L/yr

Salary related reviews for Mold-Tek Technologies

4.0

Rated by 1 employees for salary & benefits

Design Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 08 Feb 2022

1.0

for Salary and Benefits

Likes

Donot join this no thing is good bad policies, no increment ,no career growth dumb mangement

Dislikes

No co operation during COVID just salry cutting and fooling employees even they donot give loptop we have to use our own

Salary - Bad

+6 more

Simulator Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 09 Jun 2020

1.0

for Salary and Benefits

Likes

Sincerely, I dont like any thing about this organization. Withing 2 month realized that, I made wrong choice. There is no job security in moldtek and work culture is also too bad. Firstly, they had not taken the COVID-19 seriously till the police cops not come to office and they had forced HR and management to close the office. At lockdown time, they had not provided any software and hardware to work. We only adjusted hardware (Laptops) and internet connections to support the organization.

Dislikes

...r for cost cutting by promising to give current month(May2020) complete payment.But at the time of salary they had given only basic pay. Please dont Join this organization and dont believe specially on HR's. They are master to give fake promises.

Salary - Bad

+6 more

Design Engineer in Hyderabad / Secunderabad

Research & Development Department

1.0

• posted on 10 Dec 2021

2.0

for Salary and Benefits

Likes

Company name is very good from outside..but once you enter u ll know with in 1 or 2 month very worst company u ever saw..I worked many companies in hyderabd..but this is very bad working culture.

Dislikes

The management of moldtek dont have even single point on employ concerns. They ll pay u have to work like hell..in MES department few team leads fully dummy they dont know even what freshers knows...they are big suckers for MES team and mangers are like ............ I dint get word to address them.... They are worst than covid virus. Lead Peoples in moldtek makes u sick and sucks u like anything.. worst anagement...and they will recognise one theirs.....

Salary - Poor

+6 more

Project Lead in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 26 May 2024

3.0

for Salary and Benefits

Likes

Work culture

Job security - Good

+2 more

Dislikes

...ours - 9hrs 30minutes. Appraisals always delayed by 4-6 months but arrears paid. Employee will not know how much hike he/she has got in these 4-6 months delayed appraisals until salary & arrears credits after 4-6 months.

DONT JOIN IN THIS COMPANY in Hyderabad & Vijayawada

Engineering - Software & QA Department

1.0

• posted on 22 Jun 2022

1.0

for Salary and Benefits

Likes

...x: Minimum of 12 Hrs. to 18 Hrs., But they dont write working hours in the BOND. And also salary was very very less.

Dislikes

... Better to go for any other company without commit Bond & Caution Deposit of Rs.1,00,000/-, if they are giving less salary than this company. Please confirm first what is the timing of working hours ?

Salary - Bad

+6 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-Tek Technologies Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Mold-Tek Technologies ?

The average salary of a Mechanical Engg. Design at Mold-Tek Technologies in India typically ranges from ₹1.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Mechanical Engg. Design at Mold-Tek Technologies earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Mechanical Engg. Design Salaries at Mold-Tek Technologies 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 8 Mold-Tek Technologies employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Mold-Tek Technologies in India?

The estimated take-home salary of a Mechanical Engg. Design at Mold-Tek Technologies in India typically ranges from ₹19,005 to ₹20,683 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 8 salaries received from various employees of Mold-Tek Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mold-Tek Technologies for Mechanical Engg. Design in India?

L&T Technology Services	₹3.0 Lakhs to ₹9.1 Lakhs per year
HCLTech	₹2.3 Lakhs to ₹10.0 Lakhs per year
Axiscades	₹2.8 Lakhs to ₹9.0 Lakhs per year
ITC Infotech	₹3.9 Lakhs to ₹7.0 Lakhs per year
Tech Mahindra	₹2.5 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Mechanical Engg. Design at Mold-Tek Technologies in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.8 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.6 Lakhs per year

and so on.

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Mold-Tek Technologies Mechanical Engg. Design Salaries

Mold-Tek Technologies Mechanical Engg. Design salary in India ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mold-Tek Technologies latest salaries received from various employees of Mold-Tek Technologies.