Parason Machinery Mechanical Engg. Design Salaries by 4 Employees

1 - 5 years exp.

₹2.6 Lakhs - ₹3.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Mechanical Engg. Design Salary in Pulp & Paper Companies for 1 - 5 years of experience

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Last Updated: 6 Mar 2023

Companies similar to Parason Machinery for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
Voith Mechanical Engg. Design Salary 0 - 11 years exp. (5 salaries)	₹5.2 L/yr - ₹8 L/yr 134% more
HCLTech Mechanical Engg. Design Salary 1 - 6 years exp. (342 salaries)	₹2.3 L/yr - ₹10 L/yr 93% more
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L&T Technology Services Mechanical Engg. Design Salary 2 - 8 years exp. (281 salaries)	₹3 L/yr - ₹9.1 L/yr 96% more
Tech Mahindra Mechanical Engg. Design Salary 1 - 8 years exp. (190 salaries)	₹2.5 L/yr - ₹9 L/yr 72% more
Cyient Mechanical Engg. Design Salary 1 - 8 years exp. (178 salaries)	₹3 L/yr - ₹9.7 L/yr 120% more	1 job opening

Mechanical Engg. Design salary at Parason Machinery ranges between ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Parason Machinery.

Experience wise Parason Machinery Mechanical Engg. Design salaries

Last Updated: 6 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in Parason Machinery

Design Engineer Salary

(52 salaries)

₹2 L/yr - ₹4.5 L/yr

Process Engineer Salary

(19 salaries)

₹2 L/yr - ₹6.5 L/yr

Senior Design Engineer Salary

(13 salaries)

₹4.2 L/yr - ₹7.2 L/yr

Junior Design Engineer Salary

(7 salaries)

₹1.7 L/yr - ₹3 L/yr

CAM Programmer Salary

(4 salaries)

₹3.5 L/yr - ₹5 L/yr

Piping Design Engineer Salary

(4 salaries)

₹3 L/yr - ₹9.5 L/yr

Trainee Design Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Piping Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹4 L/yr

VMC Programmer Salary

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₹2.9 L/yr - ₹4 L/yr

Draughtsman Mechanical Salary

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₹3.8 L/yr - ₹5.5 L/yr

Salary related reviews for Parason Machinery

3.0

Rated by 1 employees for salary & benefits

Senior Engineer in Aurangabad

Full Time

Marketing & Communication Department

4.0

• posted on 15 Apr 2024

4.0

for Salary and Benefits

Likes

...s and even are ready to bear the cost if needed. The office environment is good. No delay in salary.

Salary - Good

+5 more

Dislikes

There need to be some more engagement activities or sports competitions to keep the good mental health.

Marketing Executive in Aurangabad

Full Time

Marketing & Communication Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Don't like any thing. salary hike is below avarage , manager not behave properly, 9 to 8 woking hours makes very difficult to work life balance. Hr didn't follow any rules about salary consideration. Even bad for one day termination to many of the past employee's. Always forced for more work and annual tragets

Dislikes

Everythings, it's like a traning centre for all new joiners because they didn't give any retention employee. Also get frustrated during the December end due to mass layoff conducted by company.

Salary - Bad

+6 more

GST Officer in Aurangabad

Finance & Accounting Department

4.0

• posted on 26 Nov 2017

3.0

for Salary and Benefits

Likes

...erefore I learn how to find even small mistakes and therefore growth has done. 4) Good salary given me by company and good utilized my experience & knowledge Taxation 5) Very good environment for work 6) It is depend on us how to balance life professional & personal

Skill development - Excellent

+4 more

Dislikes

Director were involve in small things even there not need

General Manager Finance in Aurangabad

Full Time

Finance & Accounting Department

5.0

• posted on 24 Jul 2024

5.0

for Salary and Benefits

Likes

Innovative Environment, Supportive Team, Professional Development, Company Values and Work life Balance

Salary - Excellent

+6 more

Dislikes

Sometimes Resource Constraints, Workload Pressure, Communication Gaps, Ups and Downs happen everywhere !!!

Sales & Marketing in Aurangabad

Full Time

Sales & Business Development Department

5.0

• posted on 17 Apr 2024

5.0

for Salary and Benefits

Likes

I have been working with Parason Machinery since 2017 until now. I am happy with the company culture, training, and skill development. You learn so much in sales and marketing.

Salary - Excellent

+5 more

Dislikes

work hard to get promoted

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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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Parason Machinery Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Parason Machinery ?

The average salary of a Mechanical Engg. Design at Parason Machinery in India typically ranges from ₹2.6 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Mechanical Engg. Design at Parason Machinery earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Mechanical Engg. Design Salaries at Parason Machinery 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 Parason Machinery employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Parason Machinery in India?

The estimated take-home salary of a Mechanical Engg. Design at Parason Machinery in India typically ranges from ₹21,726 to ₹23,214 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 5 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 Parason Machinery. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Parason Machinery for Mechanical Engg. Design in India?

Voith	₹5.2 Lakhs to ₹8.0 Lakhs per year
Cyient	₹3.0 Lakhs to ₹9.7 Lakhs per year
L&T Technology Services	₹3.0 Lakhs to ₹9.1 Lakhs per year
HCLTech	₹2.3 Lakhs to ₹10.0 Lakhs per year
Tech Mahindra	₹2.5 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Mechanical Engg. Design at Parason Machinery in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Parason Machinery Mechanical Engg. Design Salaries

Parason Machinery Mechanical Engg. Design salary in India ranges between ₹2.6 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Parason Machinery latest salaries received from various employees of Parason Machinery.

Parason Machinery Mechanical Engg. Design salaries in India

Companies similar to Parason Machinery for Mechanical Engg. Design

Latest annual salaries shared by Parason Machinery Mechanical Engg. Design

Experience wise Parason Machinery Mechanical Engg. Design salaries

Similar Designation salaries in Parason Machinery

Salary related reviews for Parason Machinery

Senior Engineer in Aurangabad

Marketing Executive in Aurangabad

GST Officer in Aurangabad

General Manager Finance in Aurangabad

Sales & Marketing in Aurangabad

Parason Machinery Mechanical Engg. Design Salary FAQs

Tell us how to improve this page.