MTL Instruments Chennai Hardware Design Engineer Salaries by 5 Employees (Updated 2024)

4 - 7 years exp.

₹3.4 Lakhs - ₹7.9 Lakhs

Salary of majority employees

15% less than the average Hardware Design Engineer Salary for 4 - 7 years of experience

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Salaries in different departments

Research & Development Hardware Design Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹7.9 L/yr
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Engineering - Hardware & Networks Hardware Design Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 7 May 2023

Companies similar to MTL Instruments for Hardware Design Engineer in Chennai

MTL Instruments Hardware Design Engineer Salary

4 - 7 years exp. (5 salaries)

₹3.4 L/yr - ₹7.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HCLTech Hardware Design Engineer Salary 1 - 6 years exp. (195 salaries)	₹2 L/yr - ₹10.6 L/yr 8% more
Valeo Hardware Design Engineer Salary 3 - 8 years exp. (75 salaries)	₹6 L/yr - ₹14.3 L/yr 79% more
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Data Patterns Hardware Design Engineer Salary 1 - 7 years exp. (64 salaries)	₹3.9 L/yr - ₹16.3 L/yr 65% more
HCL Group Hardware Design Engineer Salary 1 - 6 years exp. (36 salaries)	₹3.1 L/yr - ₹7.3 L/yr 5% less
Fldec Systems Hardware Design Engineer Salary 0 - 5 years exp. (21 salaries)	₹1 L/yr - ₹4.1 L/yr 47% less

Hardware Design Engineer salary at MTL Instruments ranges between ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of MTL Instruments.

Experience wise MTL Instruments Hardware Design Engineer salaries in Chennai

Last Updated: 7 May 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in MTL Instruments

Design Engineer Salary

(4 salaries)

₹4 L/yr - ₹9.1 L/yr

Senior Engineer Salary

(3 salaries)

₹5.5 L/yr - ₹8.5 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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MTL Instruments Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at MTL Instruments Chennai?

Hardware Design Engineer salary at MTL Instruments in Chennai ranges between ₹3.4 Lakhs to ₹7.9 Lakhs for experience between 4 years to 7 years. According to our estimates it is 15% less than the average Hardware Design Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MTL Instruments Chennai.

How does the salary of a Hardware Design Engineer at MTL Instruments Chennai compare with the average salary range for this job?

The average salary of a Hardware Design Engineer at MTL Instruments is 15% less than the average salary of a Hardware Design Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than MTL Instruments to a Hardware Design Engineer in Chennai?

Valeo Hardware Design Engineer Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Data Patterns Hardware Design Engineer Salary - ₹3.9 Lakhs to ₹16.3 Lakhs per year
HCLTech Hardware Design Engineer Salary - ₹2.0 Lakhs to ₹10.6 Lakhs per year

What is the salary of a Hardware Design Engineer in companies similar to MTL Instruments in Chennai?

HCL Group Hardware Design Engineer Salary - ₹3.1 Lakhs to ₹7.3 Lakhs per year
Fldec Systems Hardware Design Engineer Salary - ₹1.0 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Hardware Design Engineer at MTL Instruments in Chennai?

The estimated take-home salary of a Hardware Design Engineer at MTL Instruments ranges between ₹43,267 per month to ₹44,384 per month in Chennai. The take-home salary calculation is based on the average MTL Instruments Hardware Design Engineer salary in India which ranges between ₹3.4 Lakhs to ₹7.9 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Hardware Design Engineer at MTL Instruments in Chennai?

According to AmbitionBox, 100% of the MTL Instruments Hardware Design Engineers in Chennai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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MTL Instruments Hardware Design Engineer Salaries in Chennai

MTL Instruments Hardware Design Engineer salary in Chennai ranges between ₹3.4 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MTL Instruments latest salaries received from various employees of MTL Instruments.