Neosym Industry Mechanical Engineer Salaries by 6 Employees

2 - 5 years exp.

₹2.4 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Mechanical Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Neosym Industry for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Valeo Mechanical Engineer Salary 1 - 6 years exp. (41 salaries)	₹4 L/yr - ₹12.5 L/yr 93% more
Knorr-Bremse Mechanical Engineer Salary 1 - 4 years exp. (21 salaries)	₹1.5 L/yr - ₹7.9 L/yr 13% more
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Yazaki Mechanical Engineer Salary 0 - 7 years exp. (20 salaries)	₹1.4 L/yr - ₹4.4 L/yr 25% less
FCC Clutch Mechanical Engineer Salary 1 - 10 years exp. (12 salaries)	₹2.2 L/yr - ₹7.5 L/yr 17% more
Hanon Systems Mechanical Engineer Salary 1 - 5 years exp. (9 salaries)	₹1.3 L/yr - ₹8 L/yr 53% more
American Axle & Manufacturing Mechanical Engineer Salary 4 - 9 years exp. (8 salaries)	₹2.4 L/yr - ₹5 L/yr 2% less
Gestamp Mechanical Engineer Salary 0 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 41% less
Toyota Boshoku Automotive Mechanical Engineer Salary 3 - 7 years exp. (5 salaries)	₹4.6 L/yr - ₹7.6 L/yr 63% more
Goodyear Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4.1 L/yr At par
Marelli Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr 15% less
International Automotive Components Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 28% less
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Dura Automotive Mechanical Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹3.1 L/yr 38% less
Borg Warner Morse Tec Mechanical Engineer Salary 0 - 21 years exp. (3 salaries)	₹1.1 L/yr - ₹2 L/yr 53% less
Delphi Automotive Systems Mechanical Engineer Salary 3 - 12 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 2% less

Mechanical Engineer salary at Neosym Industry ranges between ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Neosym Industry.

Experience wise Neosym Industry Mechanical Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.7 L/yr

Similar Designation salaries in Neosym Industry

Electrical Engineer Salary

(10 salaries)

₹4 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(50 salaries)

₹3.8 L/yr - ₹8 L/yr

Shift Engineer Salary

(3 salaries)

₹3 L/yr - ₹5 L/yr

Junior Engineer Salary

(11 salaries)

₹3.2 L/yr - ₹4.8 L/yr

Maintenance Engineer Salary

(19 salaries)

₹2.05 L/yr - ₹6.15 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Engineer Salary

(16 salaries)

₹2.5 L/yr - ₹5 L/yr

Senior Electrical Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Neosym Industry

HR & Administration Officer in Pune

Full Time

Other Department

3.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

It's a very good company for new employees to learn from, and new employees are paid a very good salary.

Dislikes

The oldest employees in this company are not valued at all, and if you look at their average salary, you will understand how low their salaries are.

Salary - Bad

+4 more

Assistant in Pune

Full Time

Personnel & Administration Department

3.0

• posted on 25 Aug 2020

4.0

for Salary and Benefits

Likes

Neosym industry limited policy are good for training company give good salary and bonus for workers. Company environment and culture is also good for workers.

Salary - Good

Dislikes

Company administration is not good for staff, cafeteria canteen facilities are poor and never proper solution after complain about any queries. Job is never secure for staff. Company poltics are not good for staff.

Job security - Poor

Senior Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

There is lot to learn for a person who is starting his career. Once you get settled there you enjoy the work pressure. If you can't bear pressure neosym is not for you. You get to know various grades and various core making process.

Salary - Good

+5 more

Dislikes

The house keeping can be done in a better way .

Operator in Pune

Full Time

Research & Development Department

5.0

• posted on 10 Oct 2024

4.0

for Salary and Benefits

Likes

While working, the guidance is very good, the managing director of the company also has a personal conversation, and Mr. Swapnil Jathar of the personnel administration also gives personal consideration, helps in the difficulties and also gives the right advice to the workers.

Salary - Good

+4 more

Dislikes

No any chance

AM QA in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 19 Jun 2024

2.0

for Salary and Benefits

Likes

Only CK Birla group brand. Nothing is special in this company.

Dislikes

It is not great place to work. Actually it is worst place to work. This survey also very fraud No one is technically perfect in this company. Only Jugad approach. I will never suggest to work in Neosym.

Salary - Poor

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Neosym Industry Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Neosym Industry ?

The average salary of a Mechanical Engineer at Neosym Industry in India typically ranges from ₹2.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Mechanical Engineer at Neosym Industry earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Mechanical Engineer Salaries at Neosym Industry 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 6 Neosym Industry employees in India.

What is the estimated take home salary of a Mechanical Engineer at Neosym Industry in India?

The estimated take-home salary of a Mechanical Engineer at Neosym Industry in India typically ranges from ₹26,402 to ₹27,820 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years 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 6 salaries received from various employees of Neosym Industry. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Neosym Industry for Mechanical Engineer in India?

Valeo	₹4.0 Lakhs to ₹12.5 Lakhs per year
Toyota Boshoku Automotive	₹4.6 Lakhs to ₹7.6 Lakhs per year
Hanon Systems	₹1.3 Lakhs to ₹8.0 Lakhs per year
FCC Clutch	₹2.2 Lakhs to ₹7.5 Lakhs per year
Knorr-Bremse	₹1.5 Lakhs to ₹7.9 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Neosym Industry in India?

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

Goodyear	₹3.0 Lakhs to ₹4.1 Lakhs per year
Delphi Automotive Systems	₹2.0 Lakhs to ₹4.5 Lakhs per year
American Axle & Manufacturing	₹2.4 Lakhs to ₹5.0 Lakhs per year
Marelli	₹2.1 Lakhs to ₹6.5 Lakhs per year
Yazaki	₹1.4 Lakhs to ₹4.4 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 Neosym Industry in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹6.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.3 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.5 Lakhs to ₹6.7 Lakhs per year

and so on.

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Neosym Industry Mechanical Engineer Salaries

Neosym Industry Mechanical Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Neosym Industry latest salaries received from various employees of Neosym Industry.