Upload Button Icon Add office photos
filter salariesFilter salaries by

Panacea Medical Technologies IT and Networking Engineer salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹3.2 Lakhs - ₹5.6 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

38% more than the average IT and Networking Engineer Salary in Medical Equipment Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Hardware & Networks
IT and Networking Engineer Salary
1 - 6 years exp. (3 salaries)
unlock-blur

₹3.3 L/yr - ₹5.6 L/yr

IT & Information Security
IT and Networking Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 1 Feb 2025

Companies similar to Panacea Medical Technologies for IT and Networking Engineer

Company name Avg Annual Salary Open Jobs
unlock blur

₹5.4 L/yr - ₹6.9 L/yr

arrow icon 32% more
Logo
unlock blur

₹2.6 L/yr - ₹3.3 L/yr

arrow icon 33% less
unlock blur

₹3.6 L/yr - ₹4.7 L/yr

arrow icon 11% less
Logo
Porter IT and Networking Engineer Salary

1 - 2 years exp. (3 salaries)

unlock blur

₹2.4 L/yr - ₹3.4 L/yr

arrow icon 42% less
Logo
GI RETAIL IT and Networking Engineer Salary

0 - 3 years exp. (3 salaries)

unlock blur

₹1.3 L/yr - ₹3 L/yr

arrow icon 53% less
IT and Networking Engineer salary at Panacea Medical Technologies ranges between ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Panacea Medical Technologies.

Latest annual salaries shared by Panacea Medical Technologies IT and Networking Engineer

3d ago
avg blur mobile
1 year exp.
2mo ago
avg blur mobile
1 year exp.
4mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
1 year exp.

Experience wise Panacea Medical Technologies IT and Networking Engineer salaries

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹4.3 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹4.6 L/yr - ₹5.9 L/yr
View all

Salary related reviews for Panacea Medical Technologies

Production, Manufacturing & Engineering Department

5.0
  •  posted on 13 Oct 2021

5.0
 for  Salary and Benefits

Likes

Panacea is the best company for medical components . There job security is good. There All employees are familiers. There are good inviornment and culture.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Language problem. Salary also good. Nothing any bond there.

Engineering - Software & QA Department

3.0
  •  posted on 10 Jun 2018

2.0
 for  Salary and Benefits

Likes

The company is open to Innovation..They used to pay heed to individual requests and greviences. Management is supportive for those who are willing to learn and improve. I loved my colleagues over here,especially alot many from Eletronics and Regulatory Department. Most of them were from different cultural background which is different from mine.i just enjoyed it.

read more

Dislikes

For any new individual it really feels very unsecure about the job because of the company's strict policies. Team work has to be encouraged. Individuals are to be left free to work integratedly with the concerned departments which would be very necessary in the project point of view. Management policies especially Leave policies that are concerned to head office employees has to be revised.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Service Department

1.0
  •  posted on 07 Aug 2021

1.0
 for  Salary and Benefits

Likes

Company is good but few peoples are like manger and support team they are only perform politics, ego, abuse language uses and low minded people in support team, company policics is good, hr is good but management is very poor.

read more

Dislikes

This company is only freshers candidates. Lot of politics and senior engineer is always playing politics with junior engineer not provide proper training.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 20 Jul 2023

2.0
 for  Salary and Benefits

Likes

I work for stomach, thats it

Dislikes

No appraisal, heavy pressure, no work life balance. They says 9 to 6.30 job but to be good in front of managers we have to work till 7.30. Have to work on alternate saturdays too

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 17 Jun 2023

4.0
 for  Salary and Benefits

Likes

Except for Snake Tongue People, coworkers are the greatest in panacea medical technology.

  • Salary - Good
  • +1 more

Dislikes

Management is the absolute worst. Let me explain in more detail. Management: Both directors are humane, but not in terms of work culture. The MD is so down-to-earth that he will lift items and hand them over for work.Its underlying idea is that while I, as MD, perform those tasks, my employees, whether engineers or managers, should do the same.Despite having authorised helpers, management fails at the bottom level. Once he or she has departed from his or her position, management will no longer recognise who you are or how hard you fought for the company's growth, etc. Human Resources: I'm not sure how to convey this. They have an HR document outlining how the work should be done, but the HR head has no idea what he wrote in it.By the way, it's not Human Resources in panacea, it is INHUMAN RESOURCES because of job security; without reason or explanation, your job will be lost since there are no correct work instructions; everyone, regardless of designation has to work like blackbird. There is a flexible timing for work, only for those bifurcated tongue(basically we call it as bucket people's) By the way, in the advertisement, they displayed several benefits, however there are no such benefits. Saturdays are off on alternate weekends, but....you know what I mean. Last but not least, you are always being watched. PEOPLE ARE INTERESTED IN YOUR PERSONAL MATTER RATHER THAN THE WORK. HAVE A GOOD FUTURE ENDEAVOURS FOR NEW JOINERS

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Panacea Medical Technologies IT and Networking Engineer Salary FAQs

What is the salary of IT and Networking Engineer at Panacea Medical Technologies ?
The average salary of a IT and Networking Engineer at Panacea Medical Technologies in India typically ranges from ₹3.2 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of IT and Networking Engineer at Panacea Medical Technologies earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. IT and Networking Engineer Salaries at Panacea Medical Technologies 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 5 Panacea Medical Technologies employees in India.
What is the estimated take home salary of a IT and Networking Engineer at Panacea Medical Technologies in India?
The estimated take-home salary of a IT and Networking Engineer at Panacea Medical Technologies in India typically ranges from ₹33,854 to ₹35,111 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 1 year to 6 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 5 salaries received from various employees of Panacea Medical Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Panacea Medical Technologies for IT and Networking Engineer in India?
Karix Mobile ₹5.4 Lakhs to ₹6.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Panacea Medical Technologies, depending on the role and experience level.
What is the salary of a IT and Networking Engineer in companies similar to Panacea Medical Technologies in India?
The salary of a IT and Networking Engineer at companies similar to Panacea Medical Technologies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RMC SWITCHGEARS ₹3.6 Lakhs to ₹4.7 Lakhs per year
Pebs Pennar ₹2.6 Lakhs to ₹3.3 Lakhs per year
Porter ₹2.4 Lakhs to ₹3.4 Lakhs per year
GI RETAIL ₹1.3 Lakhs to ₹3.0 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 IT and Networking Engineer at Panacea Medical Technologies in India?
The salary growth for a IT and Networking Engineer at Panacea Medical Technologies depends on factors such as experience, performance, and promotions. On average, a IT and Networking Engineer can expect the following growth trajectory at Panacea Medical Technologies:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹5.0 Lakhs per year
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years ₹4.3 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

Panacea Medical Technologies IT and Networking Engineer salary in India ranges between ₹3.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Panacea Medical Technologies latest salaries received from various employees of Panacea Medical Technologies.