Monnet Group Senior Engineer Mechanical Salaries by 5 Employees

4 - 9 years exp.

₹5.2 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Senior Engineer Mechanical Salary in Metals & Mining Companies for 4 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Monnet Group for Senior Engineer Mechanical

Company name	Avg Annual Salary	Open Jobs
Vedanta Resources Senior Engineer Mechanical Salary 1 - 5 years exp. (8 salaries)	₹7.5 L/yr - ₹10 L/yr 41% more
Prakash Industries Senior Engineer Mechanical Salary 7 - 13 years exp. (6 salaries)	₹6.9 L/yr - ₹7.5 L/yr 13% more
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Ashapura Group Of Industries Senior Engineer Mechanical Salary 5 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹4.5 L/yr 33% less
Jindal Aluminium Senior Engineer Mechanical Salary 3 - 7 years exp. (6 salaries)	₹6.3 L/yr - ₹7.6 L/yr 5% more
Nava Limited Senior Engineer Mechanical Salary 11 - 15 years exp. (5 salaries)	₹5.2 L/yr - ₹7 L/yr 2% less
Hindalco Industries Senior Engineer Mechanical Salary 8 - 17 years exp. (5 salaries)	₹4.2 L/yr - ₹12.1 L/yr 56% more
Hindustan Zinc Senior Engineer Mechanical Salary 5 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6.3 L/yr 8% less
Gravita Senior Engineer Mechanical Salary 8 - 10 years exp. (3 salaries)	₹5.1 L/yr - ₹6.6 L/yr 8% less
Adani Enterprises Senior Engineer Mechanical Salary 4 - 8 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 10% less

Senior Engineer Mechanical salary at Monnet Group ranges between ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Monnet Group.

Experience wise Monnet Group Senior Engineer Mechanical salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in Monnet Group

Production Engineer Salary

(6 salaries)

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Junior Engineer Salary

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Electrical Engineer Salary

(6 salaries)

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Graduate Engineer Trainee (Get) Salary

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Senior Technician Salary

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Production Manager Salary

(5 salaries)

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Technician Salary

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₹2.1 L/yr - ₹6.2 L/yr

Electrician Salary

(4 salaries)

₹1.1 L/yr - ₹2 L/yr

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(4 salaries)

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Assistant Engineer Salary

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₹2.8 L/yr - ₹7.35 L/yr

Salary related reviews for Monnet Group

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.

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 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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Monnet Group Senior Engineer Mechanical Salary FAQs

What is the salary of Senior Engineer Mechanical at Monnet Group ?

The average salary of a Senior Engineer Mechanical at Monnet Group in India typically ranges from ₹5.2 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Senior Engineer Mechanical at Monnet Group earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Senior Engineer Mechanical 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 5 Monnet Group employees in India.

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

The estimated take-home salary of a Senior Engineer Mechanical at Monnet Group in India typically ranges from ₹47,127 to ₹48,243 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 4 years to 9 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 Monnet Group. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Hindalco Industries	₹4.2 Lakhs to ₹12.1 Lakhs per year
Vedanta Resources	₹7.5 Lakhs to ₹10.0 Lakhs per year
Prakash Industries	₹6.9 Lakhs to ₹7.5 Lakhs per year
Jindal Aluminium	₹6.3 Lakhs to ₹7.6 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 Senior Engineer Mechanical in companies similar to Monnet Group in India?

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

Nava Limited	₹5.2 Lakhs to ₹7.0 Lakhs per year
Hindustan Zinc	₹4.0 Lakhs to ₹6.3 Lakhs per year
Gravita	₹5.1 Lakhs to ₹6.6 Lakhs per year
Adani Enterprises	₹5.0 Lakhs to ₹6.3 Lakhs per year
Ashapura Group Of Industries	₹3.5 Lakhs to ₹4.5 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 Senior Engineer Mechanical at Monnet Group in India?

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

Experience	Average Salary Range
4 years	₹5.2 Lakhs to ₹5.2 Lakhs per year
5 years	₹5.2 Lakhs to ₹5.2 Lakhs per year
6 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
7 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Monnet Group Senior Engineer Mechanical Salaries

Monnet Group Senior Engineer Mechanical salary in India ranges between ₹5.2 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Monnet Group latest salaries received from various employees of Monnet Group.

Monnet Group Senior Engineer Mechanical salaries in India

Companies similar to Monnet Group for Senior Engineer Mechanical

Latest annual salaries shared by Monnet Group Senior Engineer Mechanical

Experience wise Monnet Group Senior Engineer Mechanical salaries

Similar Designation salaries in Monnet Group

Salary related reviews for Monnet Group

Assistant Manager - Production in Raigarh

Senior Manager Finance & Accounts

Manager in New Delhi

Assistant Manager in Raigarh

Office Assistant Computer Operator in Visakhapatnam

Monnet Group Senior Engineer Mechanical Salary FAQs

Tell us how to improve this page.