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Precision Electronic Components Production Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹2.5 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average Production Engineer Salary in Financial Services Companies for 3 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Production Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Quality Assurance
Production Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 21 Oct 2023

Companies similar to Precision Electronic Components for Production Engineer

Company name Avg Annual Salary Open Jobs
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FactSet Production Engineer Salary

3 - 7 years exp. (5 salaries)

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₹6 L/yr - ₹9.5 L/yr

arrow icon 135% more
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Morgan Stanley Production Engineer Salary

1 - 2 years exp. (4 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 253% more
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Citicorp Production Engineer Salary

0 - 8 years exp. (4 salaries)

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₹4.8 L/yr - ₹32 L/yr

arrow icon 374% more
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Synchrony Production Engineer Salary

8 years exp. (3 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 484% more
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American Express Production Engineer Salary

3 - 9 years exp. (3 salaries)

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₹13 L/yr - ₹36 L/yr

arrow icon 672% more
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HSBC Group Production Engineer Salary

0 - 15 years exp. (3 salaries)

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₹9.8 L/yr - ₹33 L/yr

arrow icon 521% more
Production Engineer salary at Precision Electronic Components ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Electronic Components.

Latest annual salaries shared by Precision Electronic Components Production Engineer

1y ago
₹4 Lakhs
5 years exp.
1y ago
₹4 Lakhs
4 years exp.
1y ago
₹2.5 Lakhs
3 years exp.

Experience wise Precision Electronic Components Production Engineer salaries

Last Updated: 21 Oct 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Precision Electronic Components

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₹7.2 L/yr - ₹9 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹0.4 L/yr - ₹0.5 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Salary related reviews for Precision Electronic Components

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 21 Oct 2023

3.0
 for  Salary and Benefits

Likes

* We get the salary in the first week of every month irrespective of pandemics or less projects in hand. * Once join in the company as a staff member(engineer, supervisor, other office staff etc), they never want to leave the person.

read more
  • Job security - Excellent

Dislikes

* Low salary hikes (good hike for development and project engineers) * We have to do what just the management say. * 50% of company runs in the hands of old people, their beliefs and interests. Sometimes we become puppet in their hands.

read more
  • Promotions - Poor

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 17 May 2024

1.0
 for  Salary and Benefits

Likes

People except the Venkatraman family, the bosses, are all very nice and supportive.

  • Job security - Excellent

Dislikes

Unpaid overtime, demands unpaid attendence during public holidays/Sundays, every day is 11 hours long, at least for engineers.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Precision Electronic Components Production Engineer Salary FAQs

What is the salary of Production Engineer at Precision Electronic Components ?
The average salary of a Production Engineer at Precision Electronic Components in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Production Engineer at Precision Electronic Components earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Production Engineer Salaries at Precision Electronic Components 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 Precision Electronic Components employees in India.
What is the estimated take home salary of a Production Engineer at Precision Electronic Components in India?
The estimated take-home salary of a Production Engineer at Precision Electronic Components in India typically ranges from ₹24,450 to ₹25,897 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years 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 Precision Electronic Components. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Precision Electronic Components for Production Engineer in India?
American Express ₹13.0 Lakhs to ₹36.0 Lakhs per year
HSBC Group ₹9.8 Lakhs to ₹33.0 Lakhs per year
Synchrony ₹16.0 Lakhs to ₹22.0 Lakhs per year
Citicorp ₹4.8 Lakhs to ₹32.0 Lakhs per year
Morgan Stanley ₹9.0 Lakhs to ₹15.0 Lakhs per year

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

FactSet ₹6.0 Lakhs to ₹9.5 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 Production Engineer at Precision Electronic Components in India?
The salary growth for a Production Engineer at Precision Electronic Components depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Precision Electronic Components:

Experience Average Salary Range
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Precision Electronic Components Production Engineer salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Precision Electronic Components latest salaries received from various employees of Precision Electronic Components.