Monnet Group Engineer Salaries by 8 Employees

3 - 14 years exp.

₹3 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Engineer Salary in Metals & Mining Companies for 3 - 14 years of experience

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Last Updated: 17 Oct 2023

Companies similar to Monnet Group for Engineer

Company name	Avg Annual Salary	Open Jobs
Hindalco Industries Engineer Salary 3 - 14 years exp. (103 salaries)	₹2.2 L/yr - ₹9.7 L/yr 75% more
Jindal Aluminium Engineer Salary 1 - 6 years exp. (54 salaries)	₹3.4 L/yr - ₹7.2 L/yr 34% more
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Prakash Industries Engineer Salary 3 - 11 years exp. (44 salaries)	₹3.5 L/yr - ₹7 L/yr 49% more
Nava Limited Engineer Salary 5 - 12 years exp. (40 salaries)	₹3 L/yr - ₹6 L/yr 25% more
Neo Metaliks Engineer Salary 1 - 7 years exp. (35 salaries)	₹2.4 L/yr - ₹4.6 L/yr 6% less
Vedanta Resources Engineer Salary 0 - 14 years exp. (24 salaries)	₹3.4 L/yr - ₹12.9 L/yr 106% more
Gravita Engineer Salary 1 - 6 years exp. (18 salaries)	₹3.8 L/yr - ₹9.5 L/yr 58% more
Hindustan Zinc Engineer Salary 1 - 5 years exp. (15 salaries)	₹2.3 L/yr - ₹11.5 L/yr 94% more
Srikalahasthi Pipes Engineer Salary 2 - 8 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 7% more
Adani Enterprises Engineer Salary 2 - 11 years exp. (13 salaries)	₹4 L/yr - ₹9 L/yr 49% more
Ashapura Group Of Industries Engineer Salary 2 - 12 years exp. (12 salaries)	₹2.6 L/yr - ₹5.4 L/yr 21% more
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Jindal Power Engineer Salary 2 - 17 years exp. (10 salaries)	₹4.5 L/yr - ₹7.5 L/yr 44% more
Coal India Engineer Salary 1 - 16 years exp. (7 salaries)	₹12 L/yr - ₹19.8 L/yr 390% more
Toyota Tsusho Engineer Salary 4 - 10 years exp. (7 salaries)	₹3.2 L/yr - ₹7.2 L/yr 39% more
Adhunik Metaliks Engineer Salary 3 - 17 years exp. (7 salaries)	₹1.9 L/yr - ₹5 L/yr 5% more
Balasore Alloys Engineer Salary 1 - 8 years exp. (6 salaries)	₹4 L/yr - ₹5 L/yr 29% more
Orient Abrasives Engineer Salary 3 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.4 L/yr 23% less
Timex Group India Engineer Salary 3 - 5 years exp. (5 salaries)	₹3.4 L/yr - ₹3.4 L/yr 8% less
TRL Krosaki Refractories Engineer Salary 5 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 4% less
Carborundum Universal Limited Engineer Salary 7 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹5.5 L/yr 30% more

Engineer salary at Monnet Group ranges between ₹3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Monnet Group.

Experience wise Monnet Group Engineer salaries

Last Updated: 17 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in Monnet Group

Site Engineer Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Officer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(4 salaries)

₹4.75 L/yr - ₹7.2 L/yr

Junior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹5.05 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Technician Salary

(4 salaries)

₹2.1 L/yr - ₹6.2 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹7.35 L/yr

Electrical Engineer Salary

(6 salaries)

₹2.4 L/yr - ₹5.1 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Top skills at Monnet Group for Engineer

SMS Coal Mining ISO 14001 Environment Management TPA

Salary related reviews for Monnet Group

3.8

Rated by 4 employees for salary & benefits

Senior Manager Finance & Accounts

Finance & Accounting Department

5.0

• posted on 21 May 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopted latest technology. I am proud that I am part of team that market reliable .

Skill development - Excellent

+2 more

Dislikes

Compensation is average . wok pressure is high working 13-14 hours a day.

Manager in New Delhi

Finance & Accounting Department

5.0

• posted on 29 Dec 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology, i love that fact that I am a part of a team that markets reliable,high-quality products, Another plus point is that my colleagues come from various cultural backgrounds,and we work happily in collaboration.

Skill development - Good

+3 more

Dislikes

Compensation and growth is slow from last 5 years

Assistant Manager - Production in Raigarh

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Mar 2018

3.0

for Salary and Benefits

Likes

The Company is open to innovation and readily adopts Latest Technology. The Team I had Work with posses good knowledge of the work and they come from various cultural backgrounds and we work happily in collaboration. I also like the Employee Re Hire Policy.

Skill development - Good

+4 more

Dislikes

Compensation is decent, but growth is slow and steady. the Work Presuure is very very high.

Assistant Manager in Raigarh

BFSI, Investments & Trading Department

1.0

• posted on 10 Dec 2018

1.0

for Salary and Benefits

Likes

I joined the company in the 2012 after all India level written exam and GD, PI. During the recruitment process, they offered a good package but after joining everything changed against the employee. Management of the company is dependent upon the outsourcing and it was a pathetic experience.

Dislikes

May be read from above

Salary - Bad

+5 more

Office Assistant Computer Operator in Visakhapatnam

Full Time

Marketing & Communication Department

4.0

• posted on 16 Sep 2022

4.0

for Salary and Benefits

Likes

My working experience is good at MIEL. There was good promotion stages, good Rules and Regulations and good administration.

Salary - Good

+5 more

Dislikes

Only 1 or 2 dislikes. Mainly business wise some proper delays. Business development problems. No more dislikes.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Monnet Group Engineer Salary FAQs

What is the salary of Engineer at Monnet Group ?

The average salary of a Engineer at Monnet Group in India typically ranges from ₹3.0 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Engineer at Monnet Group earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Engineer Salaries at Monnet Group 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 8 Monnet Group employees in India.

What is the estimated take home salary of a Engineer at Monnet Group in India?

The estimated take-home salary of a Engineer at Monnet Group in India typically ranges from ₹26,888 to ₹28,299 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 3 years to 14 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 8 salaries received from various employees of Monnet Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Engineer at Monnet Group ?

To be a Engineer at Monnet Group in india, the key skills required include:

- SMS
- Coal Mining
- ISO 14001
- Environment Management
- TPA

These skills are highly valued at Monnet Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Monnet Group for Engineer in India?

Coal India	₹12.0 Lakhs to ₹19.8 Lakhs per year
Vedanta Resources	₹3.4 Lakhs to ₹12.9 Lakhs per year
Hindustan Zinc	₹2.3 Lakhs to ₹11.5 Lakhs per year
Hindalco Industries	₹2.2 Lakhs to ₹9.7 Lakhs per year
Gravita	₹3.8 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Monnet Group, depending on the role and experience level.

What is the salary of a Engineer in companies similar to Monnet Group in India?

The salary of a Engineer at companies similar to Monnet Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Prakash Industries	₹3.5 Lakhs to ₹7.0 Lakhs per year
Adani Enterprises	₹4.0 Lakhs to ₹9.0 Lakhs per year
Jindal Power	₹4.5 Lakhs to ₹7.5 Lakhs per year
Toyota Tsusho	₹3.2 Lakhs to ₹7.2 Lakhs per year
Jindal Aluminium	₹3.4 Lakhs to ₹7.2 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 Engineer at Monnet Group in India?

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

Experience	Average Salary Range
3 years	₹1.4 Lakhs to ₹4.2 Lakhs per year
4 years	₹1.4 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Monnet Group Engineer Salaries

Monnet Group Engineer salary in India ranges between ₹3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Monnet Group latest salaries received from various employees of Monnet Group.