My Home Industries Suryapet Mechanical Engineer Salaries by 4 Employees

4 - 8 years exp.

₹3.6 Lakhs - ₹5.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Mechanical Engineer Salary in Building Material Companies for 4 - 8 years of experience

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Last Updated: 25 Sep 2024

Companies similar to My Home Industries for Mechanical Engineer in Suryapet

My Home Industries Mechanical Engineer Salary

4 - 8 years exp. (4 salaries)

₹3.6 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Cement Mechanical Engineer Salary 6 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹6.4 L/yr 38% more

Mechanical Engineer salary at My Home Industries ranges between ₹3.6 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of My Home Industries.

Experience wise My Home Industries Mechanical Engineer salaries in Suryapet

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for My Home Industries

1.0

Rated by 1 employees for salary & benefits

Assistant Engineer in Kurnool

Full Time

Construction & Site Engineering Department

5.0

• posted on 13 Aug 2017

3.0

for Salary and Benefits

Likes

I was satisfied my job with good atmosphere.As a new technology plant it gives very good knowledge for me.I am proud of me as a joining with my home family. To improve my knowledge management has conducted group discussion meetings with service engineers. So, I am thank full to my home management for giving this good opportunity.

Skill development - Good

+5 more

Dislikes

I am not satisfied with my salary.

Deputy Manager Mechanical in Mella Cheruvu

Full Time

Project & Program Management Department

4.0

• posted on 09 Jan 2022

3.0

for Salary and Benefits

Likes

Work environment and company culture is good. Company policies are good, they give good salery hike and bonus every year.

Skill development - Good

+1 more

Dislikes

Salery is good but career growth is very slow. There is a bond of 3years for employees who will starts the career. No proper orientation program for new joinees.

Retail Sales Officer in Bhubaneswar

Full Time

Sales & Business Development Department

3.0

• posted on 25 Nov 2021

2.0

for Salary and Benefits

Likes

A good company if you wants to spend time with your family.Work pressure is low.

Job security - Good

+1 more

Dislikes

Lots of Politics.If your boss is happy you will find growth or else no growth.Same position different salary.No value for people love their job.HR department has no role in this company.

Salary - Poor

+3 more

Safety Officer in My Home Industrial Pvt Ltdy

Contractual

Environment Health & Safety Department

3.0

• posted on 31 Aug 2023

3.0

for Salary and Benefits

Likes

All ways safety is the best job all employees And working manpower motivational the job I like motivated the people Safety first then next Work Our aim zero arm.

Job security - Good

Dislikes

Salary is very low the safety contract TPI

Promotions - Poor

Commercial Assistant in Tuticorin

Other Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy is good appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management dosen't address our issues. Salary is decent but carrier growth is slow. There is bond of 3 years before which you cannot resign.

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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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My Home Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at My Home Industries in Suryapet?

The average salary of a Mechanical Engineer at My Home Industries in Suryapet typically ranges from ₹3.6 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Mechanical Engineer in Suryapet at My Home Industries earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Mechanical Engineer Salaries at My Home Industries 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 4 My Home Industries employees in India.

What is the estimated take home salary of a Mechanical Engineer at My Home Industries in Suryapet?

The estimated take-home salary of a Mechanical Engineer at My Home Industries in Suryapet typically ranges from ₹31,992 to ₹33,277 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 salaries received from various employees of My Home Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than My Home Industries for Mechanical Engineer in India?

Star Cement

₹3.6 Lakhs to ₹6.4 Lakhs per year

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

How the salary growth look like for a Mechanical Engineer at My Home Industries in Suryapet?

The salary growth for a Mechanical Engineer at My Home Industries in Suryapet depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Suryapet can expect the following growth trajectory at My Home Industries:

Experience	Average Salary Range
4 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
6 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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My Home Industries Mechanical Engineer Salaries in Suryapet

My Home Industries Mechanical Engineer salary in Suryapet ranges between ₹3.6 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 My Home Industries latest salaries received from various employees of My Home Industries.