Monarch Innovation Senior Design Engineer Salaries by 3 Employees

8 - 12 years exp.

₹5.5 Lakhs - ₹8.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Senior Design Engineer Salary for 8 - 12 years of experience

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Last Updated: 23 Apr 2024

Companies similar to Monarch Innovation for Senior Design Engineer

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Huawei Technologies Senior Design Engineer Salary 3 - 10 years exp. (19 salaries)	₹4.5 L/yr - ₹8.5 L/yr 14% less
Marelli Senior Design Engineer Salary 5 - 8 years exp. (7 salaries)	₹7.6 L/yr - ₹11.5 L/yr 19% more
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ABCI Infrastructures Senior Design Engineer Salary 0 - 7 years exp. (4 salaries)	₹12 L/yr - ₹18.3 L/yr 98% more
Seoyon E-hwa Automotive Senior Design Engineer Salary 5 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 10% less
Signature Global Senior Design Engineer Salary 4 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 13% less

Senior Design Engineer salary at Monarch Innovation ranges between ₹5.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Monarch Innovation.

Experience wise Monarch Innovation Senior Design Engineer salaries

Last Updated: 23 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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12 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr

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Salary related reviews for Monarch Innovation

Design Engineer in Ahmedabad

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.

Salary - Poor

+3 more

Design Engineer in Ahmedabad

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.

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.

Design Engineer in Ahmedabad

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.

Salary - Good

+6 more

Dislikes

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

Embedded Firmware Engineer in Ahmedabad

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.

Salary - Excellent

+6 more

Dislikes

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

Mechanical Engg. Design in Ahmedabad

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.

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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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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Monarch Innovation Senior Design Engineer Salary FAQs

How the salary growth look like for a Senior Design Engineer at Monarch Innovation in India?

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

Experience	Average Salary Range
8 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
11 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
12 years	₹7.8 Lakhs to ₹9.9 Lakhs per year

and so on.

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Monarch Innovation Senior Design Engineer Salaries

Monarch Innovation Senior Design Engineer salary in India ranges between ₹5.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Monarch Innovation latest salaries received from various employees of Monarch Innovation.