Paranjape Autocast Machine Shop Engineer Salaries by 4 Employees

3 - 9 years exp.

₹2.4 Lakhs - ₹3.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Machine Shop Engineer Salary in Auto Components Companies for 3 - 9 years of experience

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Salaries in different departments

Research & Development Machine Shop Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr
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Production, Manufacturing & Engineering Machine Shop Engineer Salary 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 13 Mar 2023

Companies similar to Paranjape Autocast for Machine Shop Engineer

Company name	Avg Annual Salary	Open Jobs
Shivam Autotech Machine Shop Engineer Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.8 L/yr 3% less
UCAL Fuel Systems Machine Shop Engineer Salary 8 - 11 years exp. (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr 48% more
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Mahindra & Mahindra Machine Shop Engineer Salary 0 - 6 years exp. (10 salaries)	₹1.4 L/yr - ₹3.7 L/yr 6% more
Sigma Engineered Solutions Machine Shop Engineer Salary 0 - 2 years exp. (7 salaries)	₹1.7 L/yr - ₹2.5 L/yr 15% less
Micromatic Grinding Technologies Machine Shop Engineer Salary 3 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹5.4 L/yr 67% more

Machine Shop Engineer salary at Paranjape Autocast ranges between ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Paranjape Autocast.

Experience wise Paranjape Autocast Machine Shop Engineer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Paranjape Autocast

Maintenance Engineer Salary

(9 salaries)

₹3 L/yr - ₹5.1 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Senior Engineer Salary

(42 salaries)

₹2.8 L/yr - ₹5.73 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Executive Engineer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Quality Engineer Salary

(22 salaries)

₹1.6 L/yr - ₹4.5 L/yr

Production Engineer Salary

(8 salaries)

₹2.3 L/yr - ₹3.4 L/yr

Project Engineer Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Paranjape Autocast

Senior Engineer in Satara

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Nov 2021

1.0

for Salary and Benefits

Likes

No of models in machine shop, machining centre, good for beginners

Skill development - Good

Dislikes

Company policies, no salary and carrier growth, IN time fix , out time not fix, worst HR , worst top management, owner in shop 24*6

Salary - Bad

+4 more

Quality Inspector in Satara

Quality Assurance Department

2.0

• posted on 01 Aug 2022

2.0

for Salary and Benefits

Likes

...all production department and the their supervisor are not so good in behaviour. The above level staff is also selfish they use workers like the work for them the overall the management of company is not good and the main point the payment is also done at the mid month and no one take any responsibility about your health and safety also the HR the just listen you and live it there. The experience is so bad 😔

Dislikes

Everything thing their staff behaviour,they not respect any employee. company just want their production but they don't pay their workers as per their work. That's not satisfied. The production department is very cheap level and dirty level.

Salary - Poor

+5 more

Senior Manager in Pune

Sales Department

3.0

• posted on 27 Oct 2022

1.0

for Salary and Benefits

Likes

Good learning options

Skill development - Good

Dislikes

Orthodox work culture, job insecurity, unpredictable salary cutting deduction, organization not take any ownership of employees, no employee relation, internal politics by tenured employees

Salary - Bad

+3 more

Senior Engineer- Maintenance

Production, Manufacturing & Engineering Department

4.0

• posted on 13 May 2018

4.0

for Salary and Benefits

Likes

Senoir support is good. Company growth is very good. Time to time salary is getting on month. New opportunities & knowledge is getting about work. Employee re hire policy is here.

Salary - Good

+5 more

Dislikes

Work time has no limit. Manpower problem. No System about work, material. Not given any appraisation about work. Salary growth is less. Salary policy is not good.

NPD Manager in Shirala

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jul 2024

5.0

for Salary and Benefits

Likes

Paranjape Autocast is a large auto parts manufacturing company. The atmosphere in the company is very good. The development of engine parts as well as non engine parts going well so there is a good opportunity to demonstrate performance and learn.

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike. Everything is good if there is performance.

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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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Paranjape Autocast Machine Shop Engineer Salary FAQs

What is the salary of Machine Shop Engineer at Paranjape Autocast ?

The average salary of a Machine Shop Engineer at Paranjape Autocast in India typically ranges from ₹2.4 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Machine Shop Engineer at Paranjape Autocast earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Machine Shop Engineer Salaries at Paranjape Autocast 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 Paranjape Autocast employees in India.

What is the estimated take home salary of a Machine Shop Engineer at Paranjape Autocast in India?

The estimated take-home salary of a Machine Shop Engineer at Paranjape Autocast in India typically ranges from ₹18,486 to ₹20,172 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 3 years to 9 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 Paranjape Autocast. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Paranjape Autocast for Machine Shop Engineer in India?

Micromatic Grinding Technologies	₹3.3 Lakhs to ₹5.4 Lakhs per year
UCAL Fuel Systems	₹3.5 Lakhs to ₹4.5 Lakhs per year
Mahindra & Mahindra	₹1.4 Lakhs to ₹3.7 Lakhs per year

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

What is the salary of a Machine Shop Engineer in companies similar to Paranjape Autocast in India?

The salary of a Machine Shop Engineer at companies similar to Paranjape Autocast in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shivam Autotech	₹1.8 Lakhs to ₹3.8 Lakhs per year
Sigma Engineered Solutions	₹1.7 Lakhs to ₹2.5 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 Machine Shop Engineer at Paranjape Autocast in India?

The salary growth for a Machine Shop Engineer at Paranjape Autocast depends on factors such as experience, performance, and promotions. On average, a Machine Shop Engineer can expect the following growth trajectory at Paranjape Autocast:

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
9 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Paranjape Autocast Machine Shop Engineer Salaries

Paranjape Autocast Machine Shop Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Paranjape Autocast latest salaries received from various employees of Paranjape Autocast.

Paranjape Autocast Machine Shop Engineer salaries in India

Companies similar to Paranjape Autocast for Machine Shop Engineer

Latest annual salaries shared by Paranjape Autocast Machine Shop Engineer

Experience wise Paranjape Autocast Machine Shop Engineer salaries

Similar Designation salaries in Paranjape Autocast

Salary related reviews for Paranjape Autocast

Senior Engineer in Satara

Quality Inspector in Satara

Senior Manager in Pune

Senior Engineer- Maintenance

NPD Manager in Shirala

Paranjape Autocast Machine Shop Engineer Salary FAQs

Tell us how to improve this page.