Monarch Innovative Technologies Design Engineer Salaries by 5 Employees

1 - 6 years exp.

₹1.5 Lakh - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Design Engineer Salary in BPO Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 28 Oct 2024

Companies similar to Monarch Innovative Technologies for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Flatworld Solutions Design Engineer Salary 1 - 5 years exp. (63 salaries)	₹2.8 L/yr - ₹5.1 L/yr 12% more
Teleperformance Design Engineer Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹6.3 L/yr 13% more
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WNS Design Engineer Salary 1 - 16 years exp. (3 salaries)	₹1.8 L/yr - ₹34.7 L/yr 317% more
Conneqt Business Solutions Design Engineer Salary 0 - 3 years exp. (3 salaries)	₹3.6 L/yr - ₹4.2 L/yr 14% more
Tata Technologies Design Engineer Salary 1 - 9 years exp. (2k salaries)	₹3 L/yr - ₹10.2 L/yr 99% more	3 job openings

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.

Experience wise Monarch Innovative Technologies Design Engineer salaries

Last Updated: 28 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Monarch Innovative Technologies

Senior Engineer Salary

(AmbitionBox Estimate)

₹19 L/yr - ₹24.3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹8.7 L/yr - ₹11.2 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Salary related reviews for Monarch Innovative Technologies

ARM(Assistant Regional Manager) in Goregoan East

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

Job security - Good

+1 more

Dislikes

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

Promotions - Poor

Software Engineer in Mumbai

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.

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.

see more salary related reviews

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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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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 Salaries

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