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Phoenix Engineering Technologies Mechanical Engg. Design salaries in India

Annual salary range
2 - 12 years exp.
₹3.3 Lakhs - ₹8.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% more than the average Mechanical Engg. Design Salary in Financial Services Companies for 2 - 12 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Phoenix Engineering Technologies for Mechanical Engg. Design

Company name Avg Annual Salary Open Jobs
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HCLTech Mechanical Engg. Design Salary

1 - 6 years exp. (349 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 4% more
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₹3 L/yr - ₹9.1 L/yr

arrow icon 6% more
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Tech Mahindra Mechanical Engg. Design Salary

1 - 8 years exp. (189 salaries)

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₹2.5 L/yr - ₹9 L/yr

arrow icon 5% less
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TCS Mechanical Engg. Design Salary

2 - 9 years exp. (181 salaries)

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₹3.3 L/yr - ₹10.7 L/yr

arrow icon 32% more
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Cyient Mechanical Engg. Design Salary

1 - 8 years exp. (178 salaries)

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₹3 L/yr - ₹9.7 L/yr

arrow icon 19% more
1 job opening
Mechanical Engg. Design salary at Phoenix Engineering Technologies ranges between ₹3.3 Lakhs to ₹8.4 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of Phoenix Engineering Technologies.

Latest annual salaries shared by Phoenix Engineering Technologies Mechanical Engg. Design

1y ago
₹4.9 Lakhs
5 years exp.
1y ago
₹8 Lakhs
10 years exp.
1y ago
₹8.4 Lakhs
10 years exp.
1y ago
₹4.6 Lakhs
12 years exp.
1y ago
₹5.8 Lakhs
9 years exp.
1y ago
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8 years exp.
1y ago
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6 years exp.
1y ago
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7 years exp.
1y ago
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8 years exp.
1y ago
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6 years exp.

Experience wise Phoenix Engineering Technologies Mechanical Engg. Design salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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

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

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₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
View all

Similar Designation salaries in Phoenix Engineering Technologies

Design Engineer Salary
(13 salaries)
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₹3.2 L/yr - ₹7 L/yr
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₹8.7 L/yr - ₹10.5 L/yr
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₹8 L/yr - ₹15 L/yr
Lead Engineer Salary
(4 salaries)
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₹12.9 L/yr - ₹17.8 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
Methods Engineer Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
RND Engineer Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
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₹7.1 L/yr - ₹9.1 L/yr
Design & Development Engineer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
R&D Engineer Salary
(AmbitionBox Estimate)
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₹8.8 L/yr - ₹11.3 L/yr

Salary related reviews for Phoenix Engineering Technologies

2.0

Rated by 1 employees for salary & benefits

Research & Development Department

1.0
  •  posted on 22 Jun 2021

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company, whoever can see the review through ambition box please keep yourself away from this company and management.

read more

Dislikes

...makes does not flow down till the low level employee as a token of appreciation. Sudden pay-cuts and terminations are very common and it is been justified by a very illogical points. Words from management are so high that they think it is a fortune 500 company.

read more
  • Salary - Bad
  • +6 more

Finance & Accounting Department

1.0
  •  posted on 19 May 2022

1.0
 for  Salary and Benefits

Likes

Worst company you will ever see no job security, during Covid almost 50% plus employees removed with no reason and rest of them they promised to pay salaries and holding back for 18months and finally closed the company management is worst and they won't relieve you easily..... unnecessarily they will trouble employees..... If anyone wish to spoil their career and become insane they can happily join Phoenix because that's just like hell, HR doesn't know anything, Admin himself feels as if he the CEO of company

read more

Dislikes

There is nothing good about the organisation

  • Salary - Bad
  • +6 more

Other Department

3.0
  •  posted on 01 Aug 2020

1.0
 for  Salary and Benefits

Likes

Initially they supported for three months with gradual salary reduction and suddenly there is a lay-off up-to nearly 25 employees.

read more

Dislikes

There is no professionalism, HR treats employees as school children and admin behaves as if he the CEO.

  • Salary - Bad
  • +6 more

Research & Development Department

1.0
  •  posted on 22 Jun 2021

1.0
 for  Salary and Benefits

Likes

Horrible company with terrible management. No Job security, you can be fired anytime of the day out of the blue Worst HR, Does not even respond to your calls, texts, emails, have no people skills, does not know how to talk Company Policies will be created, modified regularly to make employees life living hell. For example, if they see an employee talking over phone a new policy will be created to stop usage of phones in workplace and the premises of the entire building. (This policy exists) Work culture is horrible, employee is a slave and the only purpose of this slave is to mint money for the masters.

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Dislikes

Company Management is of the opinion that they are doing a big favor by giving a job without salary and you owe your rest of the life to them for that. Pay cuts and sudden terminations of employees is a very common and regular activity here. Employee is expected to work 24x6, 365 days without any compensation and do not expect your full salary or appraisals or any kind of monetary benefits Managements logic and explanations are of another world No work-life balance Employee is expected to deliver from the day of joining, no trainings are provided Making employee's life as horrible as possible is the vision of the company

read more
  • Salary - Bad
  • +6 more

Design Department

1.0
  •  posted on 11 Feb 2019

1.0
 for  Salary and Benefits

Likes

Hire and fire company, worst hr policies, change of hr policies as per requirements of partners,

Dislikes

Hire and fire company, humanity rules violation, all need to work 24/7/365, everywhere holiday working is payable, here its highly appreciated with nonpayment of salary

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Phoenix Engineering Technologies Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Phoenix Engineering Technologies ?
The average salary of a Mechanical Engg. Design at Phoenix Engineering Technologies in India typically ranges from ₹3.3 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Mechanical Engg. Design at Phoenix Engineering Technologies earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. Mechanical Engg. Design Salaries at Phoenix Engineering 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 10+ Phoenix Engineering Technologies employees in India.
What is the estimated take home salary of a Mechanical Engg. Design at Phoenix Engineering Technologies in India?
The estimated take-home salary of a Mechanical Engg. Design at Phoenix Engineering Technologies in India typically ranges from ₹42,359 to ₹43,489 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 2 years to 12 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 10+ salaries received from various employees of Phoenix Engineering Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Phoenix Engineering Technologies for Mechanical Engg. Design in India?
TCS ₹3.3 Lakhs to ₹10.7 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 ₹2.2 Lakhs to ₹10.0 Lakhs per year

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

Tech Mahindra ₹2.5 Lakhs to ₹9.0 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 Mechanical Engg. Design at Phoenix Engineering Technologies in India?
The salary growth for a Mechanical Engg. Design at Phoenix Engineering Technologies depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at Phoenix Engineering Technologies:

Experience Average Salary Range
2 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

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Phoenix Engineering Technologies Mechanical Engg. Design salary in India ranges between ₹3.3 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Phoenix Engineering Technologies latest salaries received from various employees of Phoenix Engineering Technologies.