Neo Structo Construction Kochi Mechanical Engineer Salaries by 4 Employees

1 - 5 years exp.

₹2.9 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% less than the average Mechanical Engineer Salary in Engineering & Construction Companies for 1 - 5 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Neo Structo Construction for Mechanical Engineer in Kochi

Neo Structo Construction Mechanical Engineer Salary

1 - 5 years exp. (4 salaries)

₹2.9 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Offshore Infrastructures Mechanical Engineer Salary 3 - 6 years exp. (8 salaries)	₹2.6 L/yr - ₹5.5 L/yr 63% more
V-Guard Industries Mechanical Engineer Salary 2 - 6 years exp. (5 salaries)	₹4.2 L/yr - ₹4.9 L/yr 51% more
Login to view exact salary
Engineers India Mechanical Engineer Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 74% more
Bharat Petroleum Mechanical Engineer Salary 3 - 7 years exp. (5 salaries)	₹3 L/yr - ₹5.4 L/yr 11% more
Cochin Shipyard Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹4.5 L/yr 12% less

Mechanical Engineer salary at Neo Structo Construction ranges between ₹2.9 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Neo Structo Construction.

Experience wise Neo Structo Construction Mechanical Engineer salaries in Kochi

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Neo Structo Construction

QA QC Engineer Salary

(6 salaries)

₹2.8 L/yr - ₹4.55 L/yr

Salary related reviews for Neo Structo Construction

Senior Engineer in Andra

Construction & Site Engineering Department

2.0

• posted on 06 May 2021

1.0

for Salary and Benefits

Likes

No any job security,site work culture changed Site wise ,accommodations free but food is sharing .medical Policy is there but not employees user friendly claims .

Dislikes

Management doesn’t address our issues.salary is 3 months once u getting .no any carrier growth..after resigning u didn’t get ful settlements but they give salary slip only ,not given salary lot of employees suffer this issue even they I’ll apply proper resigning..very terrible situation..,

Salary - Bad

+6 more

Planning Engineer in Etah

Full Time

Construction & Site Engineering Department

1.0

• posted on 17 Jun 2022

1.0

for Salary and Benefits

Likes

Senior people who are working from last many year are very good.They work as a team.

Dislikes

The worst issue I have faced here is Salary issue . They are not going to pay salary at the right time and will keep late for 3-4 months . I have resigned from the company by just working 5 month and they have holded my salary for last 3 month. I was working in etah site and their management was so pathetic that u will feel like u are judged everytime. I am sorry if my manager read this but I am going to blame those people for whom the sites of neo is facing loss and Head office management is trying to recover the loss from staff and labour( Pf) salary.

Salary - Bad

+6 more

Safety Officer

Construction & Site Engineering Department

4.0

• posted on 02 Jun 2018

4.0

for Salary and Benefits

Likes

The company is good in construction field,as well as mechanical engineering, the growth of the salary is good, it has branches at most of cities in india, working at neo structo was excellent, the team mates are good and well qualified and they teach us in friendly manner, salary was good and they hike the salary every year.

Salary - Good

+6 more

Dislikes

No dislikes

Mechanical Engineer in Surat

Full Time

Construction & Site Engineering Department

4.0

• posted on 04 Jun 2023

4.0

for Salary and Benefits

Likes

Good

Salary - Good

+6 more

Dislikes

The gap is likely explained by older workers being more pessimistic about the job market and threatened by globalization and lack of job security. Whatever the case, there are strong feelings from all age groups about the things employees dislike about their employers and what steps should be taken to resolve the common issues that have become entrenched in the worker-boss relationship

Piping Engineer in Visakhapatnam

Other Department

2.0

• posted on 28 Dec 2021

3.0

for Salary and Benefits

Likes

No benefits available even from the company and no certain hike also and no respomsible over the employer

Skill development - Good

+3 more

Dislikes

No respinsible about the employer and no certain considering the why the employee is not attending.

Job security - Poor

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Neo Structo Construction Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Neo Structo Construction in Kochi?

The average salary of a Mechanical Engineer at Neo Structo Construction in Kochi typically ranges from ₹2.9 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Mechanical Engineer in Kochi at Neo Structo Construction earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Mechanical Engineer Salaries at Neo Structo Construction 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 Neo Structo Construction employees in India.

What is the estimated take home salary of a Mechanical Engineer at Neo Structo Construction in Kochi?

The estimated take-home salary of a Mechanical Engineer at Neo Structo Construction in Kochi typically ranges from ₹22,265 to ₹23,745 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 Neo Structo Construction. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Neo Structo Construction for Mechanical Engineer in India?

Engineers India	₹3.0 Lakhs to ₹6.0 Lakhs per year
Offshore Infrastructures	₹2.6 Lakhs to ₹5.5 Lakhs per year
V-Guard Industries	₹4.2 Lakhs to ₹4.9 Lakhs per year
Bharat Petroleum	₹3.0 Lakhs to ₹5.4 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Neo Structo Construction in Kochi?

The salary of a Mechanical Engineer at companies similar to Neo Structo Construction in Kochi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cochin Shipyard

₹1.8 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 Mechanical Engineer at Neo Structo Construction in Kochi?

The salary growth for a Mechanical Engineer at Neo Structo Construction in Kochi depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Kochi can expect the following growth trajectory at Neo Structo Construction:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Neo Structo Construction Mechanical Engineer Salaries in Kochi

Neo Structo Construction Mechanical Engineer salary in Kochi ranges between ₹2.9 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Neo Structo Construction latest salaries received from various employees of Neo Structo Construction.