Otis Elevator Industrial Engineer Salaries by 4 Employees

5 - 8 years exp.

₹5.1 Lakhs - ₹6.9 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Industrial Engineer Salary in Consumer Electronics & Appliances Companies for 5 - 8 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Otis Elevator for Industrial Engineer

Company name	Avg Annual Salary	Open Jobs
Schindler Industrial Engineer Salary 2 - 14 years exp. (4 salaries)	₹3.4 L/yr - ₹18.6 L/yr 43% more
Mitsubishi Electric Industrial Engineer Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹7.8 L/yr 18% less
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TK Elevator Industrial Engineer Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 56% less
Bharat Bijlee Industrial Engineer Salary 0 - 6 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 13% less
OPPO Industrial Engineer Salary 1 - 8 years exp. (46 salaries)	₹2.3 L/yr - ₹6 L/yr 33% less
TE Connectivity Industrial Engineer Salary 0 - 3 years exp. (6 salaries)	₹1.6 L/yr - ₹6 L/yr 44% less
Michelin Industrial Engineer Salary 2 - 10 years exp. (5 salaries)	₹5.5 L/yr - ₹10.5 L/yr 29% more
Panasonic Industrial Engineer Salary 3 - 8 years exp. (4 salaries)	₹4.9 L/yr - ₹8.6 L/yr 16% more
Daikin Industrial Engineer Salary 4 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹8.4 L/yr 4% less
Visteon Industrial Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 49% less
Magna International Industrial Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 38% less
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Industrial Engineer salary at Otis Elevator ranges between ₹5.1 Lakhs to ₹6.9 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Industrial Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.9 L/yr
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7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹9.2 L/yr

Similar Designation salaries in Otis Elevator

Electrical Engineer Salary

(3 salaries)

₹2.1 L/yr - ₹12.6 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Executive Engineer Salary

(40 salaries)

₹4 L/yr - ₹9.5 L/yr

Quality Engineer Salary

(5 salaries)

₹2.85 L/yr - ₹6.2 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

Senior Engineer Salary

(52 salaries)

₹4.9 L/yr - ₹13.5 L/yr

Service Engineer Salary

(44 salaries)

₹1.75 L/yr - ₹7.77 L/yr

Maintenance Engineer Salary

(4 salaries)

₹1.2 L/yr - ₹6 L/yr

Project Engineer Salary

(12 salaries)

₹3.3 L/yr - ₹8.9 L/yr

Top skills at Otis Elevator for Industrial Engineer

Industrial Engineering EHS Material Handling Procurement Team Management Shop Floor Manufacturing Process

Salary related reviews for Otis Elevator

Service Engineer in Sonipat

H.k Department

5.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Service Engineer

Production, Manufacturing & Engineering Department

1.0

• posted on 27 Sep 2019

1.0

for Salary and Benefits

Likes

No salary problem.

Dislikes

...idn’t provide technical classes.totally 2 years of my life time waste.but every month salary will come but learning is zero.

Salary - Bad

+6 more

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

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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Otis Elevator Industrial Engineer Salary FAQs

What is the salary of Industrial Engineer at Otis Elevator ?

The average salary of a Industrial Engineer at Otis Elevator in India typically ranges from ₹5.1 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Industrial Engineer at Otis Elevator earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Industrial 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 Industrial Engineer at Otis Elevator in India?

The estimated take-home salary of a Industrial Engineer at Otis Elevator in India typically ranges from ₹47,329 to ₹48,449 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 5 years to 8 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.

What are the key skills required to be a Industrial Engineer at Otis Elevator ?

To be a Industrial Engineer at Otis Elevator in india, the key skills required include:

- Industrial Engineering
- EHS
- Material Handling
- Procurement
- Team Management

These skills are highly valued at Otis Elevator and are crucial for successful performance in a Software Engineering role.

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

Schindler	₹3.4 Lakhs to ₹18.6 Lakhs per year
Michelin	₹5.5 Lakhs to ₹10.5 Lakhs per year
Panasonic	₹4.9 Lakhs to ₹8.6 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 Industrial Engineer in companies similar to Otis Elevator in India?

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

Daikin	₹4.5 Lakhs to ₹8.4 Lakhs per year
Bharat Bijlee	₹4.5 Lakhs to ₹7.0 Lakhs per year
Mitsubishi Electric	₹3.0 Lakhs to ₹7.8 Lakhs per year
OPPO	₹2.3 Lakhs to ₹6.0 Lakhs per year
Magna International	₹3.0 Lakhs to ₹5.0 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 Industrial Engineer at Otis Elevator in India?

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

Experience	Average Salary Range
5 years	₹6.9 Lakhs to ₹6.9 Lakhs per year
6 years	₹2.7 Lakhs to ₹6.9 Lakhs per year
7 years	₹2.4 Lakhs to ₹6.0 Lakhs per year
8 years	₹5.1 Lakhs to ₹9.2 Lakhs per year

and so on.

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Otis Elevator Industrial Engineer Salaries

Otis Elevator Industrial Engineer salary in India ranges between ₹5.1 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Otis Elevator latest salaries received from various employees of Otis Elevator.