Otis Elevator Elevator Installation Engineer Salaries by 4 Employees

1 - 13 years exp.

₹4 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% more than the average Elevator Installation Engineer Salary in Consumer Electronics & Appliances Companies for 1 - 13 years of experience

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Salaries in different departments

Construction & Site Engineering Elevator Installation Engineer Salary 4 - 13 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8 L/yr
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Engineering - Hardware & Networks Elevator Installation Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Sep 2024

Companies similar to Otis Elevator for Elevator Installation Engineer

Company name	Avg Annual Salary	Open Jobs
Schindler Elevator Installation Engineer Salary 2 - 24 years exp. (4 salaries)	₹3 L/yr - ₹13 L/yr 15% more
Johnson Lifts Elevator Installation Engineer Salary 0 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹6 L/yr 26% less
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TK Elevator Elevator Installation Engineer Salary 14 - 23 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 61% more
KONE Elevator Installation Engineer Salary 11 - 17 years exp. (3 salaries)	₹4 L/yr - ₹9.5 L/yr 18% more
Escon Elevators Elevator Installation Engineer Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹6 L/yr 18% less

Elevator Installation Engineer salary at Otis Elevator ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Elevator Installation Engineer salaries

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

View all

Similar Designation salaries in Otis Elevator

Senior Project Engineer Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Senior Civil Engineer Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Senior Engineer Salary

(52 salaries)

₹4.9 L/yr - ₹13.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Executive Engineer Salary

(41 salaries)

₹4 L/yr - ₹9.5 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.25 L/yr - ₹2.77 L/yr

Junior Engineer Salary

(3 salaries)

₹1.56 L/yr - ₹7.2 L/yr

Project Engineer Salary

(13 salaries)

₹3.84 L/yr - ₹12.14 L/yr

Site Engineer Salary

(4 salaries)

₹2.25 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(3 salaries)

₹11 L/yr - ₹15 L/yr

Salary related reviews for Otis Elevator

5.0

Rated by 1 employees for salary & benefits

Finance Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Dec 2023

2.0

for Salary and Benefits

Likes

There's nothing that I like in OTIS, I'm just grateful for learning the utmost life lessons for personal growth

Dislikes

...lity Rating in terms of your relationship with the lead rather than performance Lot of Personal reference and salary discrimination Toxic work environment

Salary - Poor

+5 more

Asst Finance Supp in Bangalore / Bengaluru

Full Time

Other Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

...nce but when it comes to promotions this this not a company you are looking for. The company provides good salary but appraisal are also average, the only down point is the personal growth

Skill development - Good

+3 more

Dislikes

No promotions.

Promotions - Bad

ITI Electrician, Electrical Maintenance in New Delhi

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

I am doing work in Otis elevator company in similarly work and repair and maintenance and installation.

Dislikes

Just time doing work in Otis elevator company in third party sub contractor pay so I want doing work in properly join duty in Otis elevator company not pay third party sub contractor.

Salary - Poor

+5 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

If you are not looking for salary Then go for its this company is a better place for learning 3 year at Otis boots your carrier

Skill development - Excellent

+3 more

Dislikes

Work life balance is not that much good and salary is not upto the industrial standards

Work-life balance - Poor

Manager in Bangalore / Bengaluru

Project & Program Management Department

2.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

...hnical expertise within OTIS after sometime you will be redundant in the market. Financially they will pay more however long-term don't expect any promotion.

Salary - Good

Dislikes

Middle management who are not subject matter expert create all problems. They will never allow to grow in the Organisation. Also there are more regional politics is there. People who can speak get more preference in the organisation. Top management listen to them and they get all promotion.

Skill development - Bad

+5 more

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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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Otis Elevator Elevator Installation Engineer Salary FAQs

What is the salary of Elevator Installation Engineer at Otis Elevator ?

The average salary of a Elevator Installation Engineer at Otis Elevator in India typically ranges from ₹4.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Elevator Installation Engineer at Otis Elevator earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Elevator Installation Engineer Salaries at Otis Elevator 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 Otis Elevator employees in India.

What is the estimated take home salary of a Elevator Installation Engineer at Otis Elevator in India?

The estimated take-home salary of a Elevator Installation Engineer at Otis Elevator in India typically ranges from ₹46,351 to ₹47,450 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 13 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 Otis Elevator. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Otis Elevator for Elevator Installation Engineer in India?

TK Elevator	₹6.0 Lakhs to ₹15.0 Lakhs per year
KONE	₹4.0 Lakhs to ₹9.5 Lakhs per year
Schindler	₹3.0 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Elevator Installation Engineer in companies similar to Otis Elevator in India?

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

Escon Elevators	₹3.2 Lakhs to ₹6.0 Lakhs per year
Johnson Lifts	₹2.9 Lakhs to ₹6.0 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 Elevator Installation Engineer at Otis Elevator in India?

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

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Otis Elevator Elevator Installation Engineer Salaries

Otis Elevator Elevator Installation Engineer salary in India ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Otis Elevator latest salaries received from various employees of Otis Elevator.