Pennar Industries Diploma Mechanical Engineer Salaries by 3 Employees

5 - 14 years exp.

₹2.4 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% more than the average Diploma Mechanical Engineer Salary in Engineering & Construction Companies for 5 - 14 years of experience

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Last Updated: 3 May 2024

Companies similar to Pennar Industries for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
L&T Construction Diploma Mechanical Engineer Salary 1 - 10 years exp. (19 salaries)	₹2.1 L/yr - ₹6.5 L/yr 15% more
Sadbhav Engineering Diploma Mechanical Engineer Salary 4 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹6.5 L/yr 54% more
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Gayatri Projects Diploma Mechanical Engineer Salary 3 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 2% more
Tube Investments of India Diploma Mechanical Engineer Salary 1 - 7 years exp. (4 salaries)	₹1.3 L/yr - ₹1.8 L/yr 45% less
Simplex Infrastructures Diploma Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 3% less
Hindustan Construction Company Diploma Mechanical Engineer Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 8% more
Ahluwalia Contracts India Diploma Mechanical Engineer Salary 2 - 16 years exp. (3 salaries)	₹6.3 L/yr - ₹30.3 L/yr 345% more
ITD Cementation India Diploma Mechanical Engineer Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 5% less

Diploma Mechanical Engineer salary at Pennar Industries ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Pennar Industries.

Experience wise Pennar Industries Diploma Mechanical Engineer salaries

Last Updated: 3 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Pennar Industries

Mechanical Engineer Salary

(38 salaries)

₹1.65 L/yr - ₹4.2 L/yr

Electrical Engineer Salary

(11 salaries)

₹2 L/yr - ₹4 L/yr

Senior Electrical Engineer Salary

(6 salaries)

₹1.95 L/yr - ₹5.5 L/yr

Maintenance Engineer Salary

(8 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Senior Engineer Salary

(113 salaries)

₹3 L/yr - ₹7.6 L/yr

Executive Engineer Salary

(4 salaries)

₹2.9 L/yr - ₹4.7 L/yr

Production Engineer Salary

(93 salaries)

₹1.6 L/yr - ₹5.7 L/yr

Project Engineer Salary

(7 salaries)

₹3.5 L/yr - ₹6 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹3 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Pennar Industries

Deputy Manager in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Jul 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. The management is transparent and supportive, Company policies are good, There is a huge cafeteria and gamming arcade for chilling, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management does not address our issues. Salary is decent but career growth is slow. There is a bond of 3 years before which I can't resign. On the job training is not given to new joinees.

Tool Room Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Aug 2024

1.0

for Salary and Benefits

Likes

Flexible and safe work place. Respects individual ideas and explores every idea benefiting the organization.

Skill development - Good

+1 more

Dislikes

This company give me a low salary. My career growth is no improvement in this company. My present salary is very low to maintain my family expenses.

Salary - Bad

+2 more

Assistant Manager - Production in Hyderabad / Secunderabad

Full Time

Media Production & Entertainment Department

3.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Work Life Balance

Skill development - Excellent

+3 more

Dislikes

...ugh they don't bother about others. But there is no financial issues in company. For every 2-3 years you will get increments with different structures in salary.

Company culture - Poor

Assistant Manager Finance in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

No pressure on time

Dislikes

No bonus No increment No promotion One person with good contact can have promotion every two years but another person receive promotion only after 10 years No proper support from HR Old and outdated laptops are used

Salary - Bad

+6 more

Assistant Electrical And Automation Manager in Patancheru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 08 Jun 2023

2.0

for Salary and Benefits

Likes

Duty,leaves are good,canteen & facilities good,documentation is good.

Company culture - Excellent

+1 more

Dislikes

...for documentation, no value for graduates, reporting from bottom level not good. There is no fix date for salary,pbt policy is not good.

Salary - Poor

+1 more

see more salary related reviews

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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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Pennar Industries Diploma Mechanical Engineer Salary FAQs

How the salary growth look like for a Diploma Mechanical Engineer at Pennar Industries in India?

The salary growth for a Diploma Mechanical Engineer at Pennar Industries depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at Pennar Industries:

Experience	Average Salary Range
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
12 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
14 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Pennar Industries Diploma Mechanical Engineer Salaries

Pennar Industries Diploma Mechanical Engineer salary in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Pennar Industries latest salaries received from various employees of Pennar Industries.