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Monarch Innovative Technologies Design Engineer salaries in India

Annual salary range
1 - 6 years exp.
₹1.5 Lakh - ₹5.5 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.
Salary of majority employees
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32% less than the average Design Engineer Salary in BPO Companies for 1 - 6 years of experience

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Last Updated: 28 Oct 2024

Companies similar to Monarch Innovative Technologies for Design Engineer

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₹2.8 L/yr - ₹5.1 L/yr

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WNS Design Engineer Salary

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₹1.8 L/yr - ₹34.7 L/yr

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1 job opening
Design Engineer salary at Monarch Innovative Technologies ranges between ₹1.5 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Monarch Innovative Technologies.

Latest annual salaries shared by Monarch Innovative Technologies Design Engineer

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6 years exp.
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Experience wise Monarch Innovative Technologies Design Engineer salaries

Last Updated: 28 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Monarch Innovative Technologies

Senior Engineer Salary
(AmbitionBox Estimate)
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₹19 L/yr - ₹24.3 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
Civil Site Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹8.7 L/yr - ₹11.2 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for Monarch Innovative Technologies

Other Department

4.0
  •  posted on 15 Aug 2020

3.0
 for  Salary and Benefits

Likes

They are helping us by give some salary in fact not removing from company.work from home is going on online at least 6 to 8 hours regular

read more
  • Job security - Good
  • +1 more

Dislikes

No growth no increment on time .No scope for learning some new experience

  • Promotions - Poor

Engineering - Software & QA Department

4.0
  •  posted on 20 Aug 2017

3.0
 for  Salary and Benefits

Likes

...our own. If you are quick and self learner, then this is the best place to work. Salary package is quite good when you join this company, but your yearly increment may be less. I also like the employee re-hire policy here. All teams and team members are helpful. You will hardly get chance for abroad trip as most of the clients are in India itself. But if you are in support and testing staff, then chances are good to visit client's country.

read more
  • Job security - Good
  • +1 more

Dislikes

No training provided for developers. Annual increment is very less. Sometimes they cancelled employee's Saturday off even if the workload is quite less.

read more
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Monarch Innovative Technologies Design Engineer Salary FAQs

What is the salary of Design Engineer at Monarch Innovative Technologies ?
The average salary of a Design Engineer at Monarch Innovative Technologies in India typically ranges from ₹1.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Design Engineer at Monarch Innovative Technologies earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Design Engineer Salaries at Monarch Innovative 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 5 Monarch Innovative Technologies employees in India.
What is the estimated take home salary of a Design Engineer at Monarch Innovative Technologies in India?
The estimated take-home salary of a Design Engineer at Monarch Innovative Technologies in India typically ranges from ₹25,314 to ₹26,748 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 Monarch Innovative Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Monarch Innovative Technologies for Design Engineer in India?
WNS ₹1.8 Lakhs to ₹34.7 Lakhs per year
Tata Technologies ₹3.0 Lakhs to ₹10.2 Lakhs per year
Conneqt Business Solutions ₹3.6 Lakhs to ₹4.2 Lakhs per year
Teleperformance ₹2.5 Lakhs to ₹6.3 Lakhs per year
Flatworld Solutions ₹2.8 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Monarch Innovative Technologies, depending on the role and experience level.
How the salary growth look like for a Design Engineer at Monarch Innovative Technologies in India?
The salary growth for a Design Engineer at Monarch Innovative Technologies depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Monarch Innovative Technologies:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹1.5 Lakhs per year
2 years ₹0.9 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
and so on.

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Monarch Innovative Technologies Design Engineer salary in India ranges between ₹1.5 Lakh to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Monarch Innovative Technologies latest salaries received from various employees of Monarch Innovative Technologies.