Next Big Innovation Labs Mechanical Engg. Design Salaries by 3 Employees

4 - 6 years exp.

₹4.8 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

66% more than the average Mechanical Engg. Design Salary in Internet Companies for 4 - 6 years of experience

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Last Updated: 11 Aug 2023

Companies similar to Next Big Innovation Labs for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
HCLTech Mechanical Engg. Design Salary 1 - 6 years exp. (342 salaries)	₹2.3 L/yr - ₹10 L/yr 33% less
L&T Technology Services Mechanical Engg. Design Salary 2 - 8 years exp. (281 salaries)	₹3 L/yr - ₹9.1 L/yr 32% less
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Tech Mahindra Mechanical Engg. Design Salary 1 - 8 years exp. (190 salaries)	₹2.5 L/yr - ₹9 L/yr 40% less
Cyient Mechanical Engg. Design Salary 1 - 8 years exp. (178 salaries)	₹3 L/yr - ₹9.7 L/yr 23% less	1 job opening
TCS Mechanical Engg. Design Salary 2 - 9 years exp. (178 salaries)	₹3.5 L/yr - ₹10 L/yr 16% less

Mechanical Engg. Design salary at Next Big Innovation Labs ranges between ₹4.8 Lakhs to ₹14 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Next Big Innovation Labs.

Experience wise Next Big Innovation Labs Mechanical Engg. Design salaries

Last Updated: 11 Aug 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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6 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in Next Big Innovation Labs

Senior Electronics Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Senior R&D Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Next Big Innovation Labs

Scientist in Bangalore Urban

Research & Development Department

4.0

• posted on 01 Jan 2022

3.0

for Salary and Benefits

Likes

The area of research being carried out is promising and the way to treat the employees, if bettered by a margin, then I think it would be a better work place culture.

Dislikes

Work life balance is practically not there! Trusting in the employee's calibre is required, more than doubting.

Job security - Poor

+2 more

Scientist in Bangalore Urban

Research & Development Department

5.0

• posted on 04 May 2021

5.0

for Salary and Benefits

Likes

The work place is a haven to learn. The translational research taking place in the organization is a must to dive into, if anyone is interested in interdisciplinary fields of research. It is the place where engineering and Biotechnology comes together and when it does, it gives an opportunity to be friends with the enthusiastic engineers and ever learning Biotechnologists.

Salary - Excellent

+6 more

Dislikes

The place currently doesn't offer any dislikes for me. It's is a great place to be.

see more salary related reviews

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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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Next Big Innovation Labs Mechanical Engg. Design Salary FAQs

How the salary growth look like for a Mechanical Engg. Design at Next Big Innovation Labs in India?

The salary growth for a Mechanical Engg. Design at Next Big Innovation Labs depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Next Big Innovation Labs:

Experience	Average Salary Range
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
6 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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Next Big Innovation Labs Mechanical Engg. Design Salaries

Next Big Innovation Labs Mechanical Engg. Design salary in India ranges between ₹4.8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Next Big Innovation Labs latest salaries received from various employees of Next Big Innovation Labs.