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Monarch Innovation

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4.3

based on 17 Reviews

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Monarch Innovation Senior Mechanical Design Engineer salaries in India

Annual salary range
4 - 5 years exp.
₹4.6 Lakhs - ₹5.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Last Updated: 15 Mar 2023

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Senior Mechanical Design Engineer salary at Monarch Innovation ranges between ₹4.6 Lakhs to ₹5.9 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Monarch Innovation.

Similar Designation salaries in Monarch Innovation

Senior Design Engineer Salary
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Mechanical Engineer Salary
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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.

read more
  • 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.

read more
  • 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

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.

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.

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.

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.

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.

read more
  • Skill development - Good
    • +5 more

Dislikes

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

see more salary related reviews

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Mechanical Design Engineer Salary FAQs

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

Experience Average Salary Range
4 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

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Monarch Innovation Senior Mechanical Design Engineer salary in India ranges between ₹4.6 Lakhs to ₹5.9 Lakhs. This is an estimate based on latest salaries received from employees of Monarch Innovation.