Necco tools Senior Engineer Salaries by 4 Employees

9 - 12 years exp.

₹3.6 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

58% less than the average Senior Engineer Salary for 9 - 12 years of experience

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Last Updated: 11 Jun 2023

Companies similar to Necco tools for Senior Engineer

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Senior Engineer salary at Necco tools ranges between ₹3.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Necco tools.

Experience wise Necco tools Senior Engineer salaries

Last Updated: 11 Jun 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Necco tools

Quality Engineer Salary

(9 salaries)

₹1.5 L/yr - ₹3.4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Necco tools

3.0

Rated by 1 employees for salary & benefits

Spm Design Engineer in Chennai

Research & Development Department

5.0

• posted on 15 Dec 2021

1.0

for Salary and Benefits

Likes

No risk in job security, if u work good. Big space for learning. Management is average, work culture is nice. No big benifits for employees.

Skill development - Excellent

+4 more

Dislikes

No benefit for employees. Growth in career and salary is very slow. So much politics inside company.

Salary - Bad

Quality Controller in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 06 Mar 2018

3.0

for Salary and Benefits

Likes

Necco tools is a manufacturing tool company.Company is good in all the aspects but the salary is less.And in that company we can learn from child parts to assembling the materials and upto the finished parts.For me teammate are the perfect one.All will work with a rapid move with less tension and its a positive mood for the surrounding ones because the company environment will be dusky because of the manufacturing so we must make us cool and fresh mind to work

Skill development - Good

+1 more

Dislikes

After finishing our target in production they will push to make a new target also which will lead to damages and rejection because of the concentration loss.so the timing allocated for us is good and the increment per year is not good and making the increment delay.

Job security - Poor

see more salary related reviews

Top trending discussions

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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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Necco tools Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Necco tools ?

The average salary of a Senior Engineer at Necco tools in India typically ranges from ₹3.6 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Senior Engineer at Necco tools earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Senior Engineer Salaries at Necco tools 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 Necco tools employees in India.

What is the estimated take home salary of a Senior Engineer at Necco tools in India?

The estimated take-home salary of a Senior Engineer at Necco tools in India typically ranges from ₹28,728 to ₹30,111 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 9 years to 12 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 Necco tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Necco tools for Senior Engineer in India?

Amazon	₹32.0 Lakhs to ₹77.8 Lakhs per year
JPMorgan Chase & Co.	₹13.7 Lakhs to ₹45.2 Lakhs per year
Deloitte	₹12.9 Lakhs to ₹51.4 Lakhs per year
IBM	₹14.1 Lakhs to ₹43.2 Lakhs per year
Ernst & Young	₹8.4 Lakhs to ₹27.0 Lakhs per year

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

What is the salary of a Senior Engineer in companies similar to Necco tools in India?

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

Axis Bank	₹8.0 Lakhs to ₹30.0 Lakhs per year
Mphasis	₹7.5 Lakhs to ₹30.0 Lakhs per year
Cognizant	₹6.5 Lakhs to ₹24.4 Lakhs per year
PwC	₹7.5 Lakhs to ₹24.7 Lakhs per year
Genpact	₹6.1 Lakhs to ₹21.2 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 Senior Engineer at Necco tools in India?

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

Experience	Average Salary Range
9 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
10 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
11 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
12 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Necco tools Senior Engineer Salaries

Necco tools Senior Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Necco tools latest salaries received from various employees of Necco tools.