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Monarch Innovation Junior Design Engineer salaries in India

Annual salary range
0 - 3 years exp.
₹1.5 Lakh - ₹5.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% more than the average Junior Design Engineer Salary for 0 - 3 years of experience

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Salaries in different departments

Research & Development
Junior Design Engineer Salary
0 - 3 years exp. (5 salaries)
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₹1.5 L/yr - ₹5.1 L/yr

Production, Manufacturing & Engineering
Junior Design Engineer Salary
0 - 2 years exp. (4 salaries)
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₹1.5 L/yr - ₹4.2 L/yr

Last Updated: 2 Dec 2024

Companies similar to Monarch Innovation for Junior Design Engineer

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹4.3 L/yr

arrow icon 3% more
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₹4.8 L/yr - ₹5.6 L/yr

arrow icon 56% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 5% less
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Harita Techserv Junior Design Engineer Salary

0 - 3 years exp. (91 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 2% less
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₹2.8 L/yr - ₹5 L/yr

arrow icon 27% more
Junior Design Engineer salary at Monarch Innovation ranges between ₹1.5 Lakh to ₹5.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Monarch Innovation.

Latest annual salaries shared by Monarch Innovation Junior Design Engineer

2mo ago
₹4.2 Lakhs
2 years exp.
6mo ago
₹4 Lakhs
1 year exp.
11mo ago
₹5.1 Lakhs
3 years exp.
1y ago
₹5 Lakhs
2 years exp.
1y ago
₹2.4 Lakhs
2 years exp.
1y ago
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5 months exp.
1y ago
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2 years exp.
1y ago
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6 months exp.

Experience wise Monarch Innovation Junior Design Engineer salaries

Last Updated: 2 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.5 L/yr - ₹4.7 L/yr
1 year (AmbitionBox Estimate)

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₹1.2 L/yr - ₹4 L/yr
2 years  (4 salaries)

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₹2.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5.1 L/yr

Similar Designation salaries in Monarch Innovation

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₹5.5 L/yr - ₹8.6 L/yr
Design Engineer Salary
(33 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Piping Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Structural Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹4.7 L/yr - ₹6 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Monarch Innovation

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

2.0
  •  posted on 17 Feb 2023

2.0
 for  Salary and Benefits

Likes

Having flexible time for work.

Dislikes

Management is very very poor, they are not giving response to employees. No salary increment management keep saying we will do but at the end you will not get any increment and they are not stand with commitment. Very bad HR experience they don't know how to speak politely to employees. Senior TL level full politics. I never recommend any one for this company.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Product Management Department

4.0
  •  posted on 01 Aug 2024

3.0
 for  Salary and Benefits

Likes

People are very good. Founders are humble. If you like innovation, Monarch Innovation Private Limited is an amazing place to work at.

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  • Skill development - Excellent
  • +5 more

Dislikes

Initial salary is less but then the company is investing on new joiners by giving access to expensive softwares, etc. so it's a win win situation.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 15 Feb 2025

4.0
 for  Salary and Benefits

Likes

Seniors are okay, MDs are good. Being mechanical engineer having weekend off culture is good. Sometimes and some people travel abroad regarding their projects.

read more
  • Salary - Good
  • +6 more

Dislikes

Increment cycle has been delayed since last 2 years instead for March it's been implemented around September.

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 27 Dec 2022

5.0
 for  Salary and Benefits

Likes

Culture and learning is great. Colleagues and management behaviour is also cooperative. It is a great place for learning and skill development. Growth and exposure to different domain is also provided.

read more
  • Salary - Excellent
  • +6 more

Dislikes

I think there is nothing to dislike because management cares for the employee and provides everything which necessary.

Research & Development Department

5.0
  •  posted on 26 May 2022

3.0
 for  Salary and Benefits

Likes

Good working culture, and great opportunities for career growth. Also having a better Work-life balance. The company has a global client base. Re-hiring policy is better for employees.

read more
  • Skill development - Good
  • +5 more

Dislikes

Fewer paid leaves structure. Global client base, so have to work in night shift as well.

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Monarch Innovation Junior Design Engineer Salary FAQs

What is the salary of Junior Design Engineer at Monarch Innovation ?
The average salary of a Junior Design Engineer at Monarch Innovation in India typically ranges from ₹1.5 Lakhs to ₹5.1 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Junior Design Engineer at Monarch Innovation earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Junior Design Engineer Salaries at Monarch Innovation 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 9 Monarch Innovation employees in India.
What is the estimated take home salary of a Junior Design Engineer at Monarch Innovation in India?
The estimated take-home salary of a Junior Design Engineer at Monarch Innovation in India typically ranges from ₹23,617 to ₹25,076 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from Fresher to 3 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 9 salaries received from various employees of Monarch Innovation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Monarch Innovation for Junior Design Engineer in India?
Seoyon E-hwa Automotive ₹4.8 Lakhs to ₹5.6 Lakhs per year
GGS Engineering Services ₹2.8 Lakhs to ₹5.0 Lakhs per year
Kiswok Industries ₹2.7 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Monarch Innovation, depending on the role and experience level.
What is the salary of a Junior Design Engineer in companies similar to Monarch Innovation in India?
The salary of a Junior Design Engineer at companies similar to Monarch Innovation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Harita Techserv ₹1.8 Lakhs to ₹3.8 Lakhs per year
Techwave Consulting ₹2.0 Lakhs to ₹4.5 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 Junior Design Engineer at Monarch Innovation in India?
The salary growth for a Junior Design Engineer at Monarch Innovation depends on factors such as experience, performance, and promotions. On average, a Junior Design Engineer can expect the following growth trajectory at Monarch Innovation:

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹4.7 Lakhs per year
1 year ₹1.2 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹5.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹5.1 Lakhs per year
and so on.

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Monarch Innovation Junior Design Engineer salary in India ranges between ₹1.5 Lakh to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Monarch Innovation latest salaries received from various employees of Monarch Innovation.