Precision Electronics Associate Engineer Salaries by 7 Employees

2 - 6 years exp.

₹1.9 Lakh - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Associate Engineer Salary in Hardware & Networking Companies for 2 - 6 years of experience

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Salaries in different departments

Research & Development Associate Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹5.4 L/yr
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Production, Manufacturing & Engineering Associate Engineer Salary 2 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹3.6 L/yr

Last Updated: 1 Jun 2024

Companies similar to Precision Electronics for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Sterlite Technologies Associate Engineer Salary 2 - 5 years exp. (10 salaries)	₹2 L/yr - ₹3.5 L/yr 17% more
Cisco Associate Engineer Salary 0 - 4 years exp. (5 salaries)	₹5.7 L/yr - ₹14.5 L/yr 263% more
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Tejas Networks Associate Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹3.2 L/yr 4% more
Virtusa Consulting Services Associate Engineer Salary 0 - 4 years exp. (2.2k salaries)	₹2.3 L/yr - ₹6.5 L/yr 83% more
Cognizant Associate Engineer Salary 1 - 8 years exp. (1.2k salaries)	₹4.6 L/yr - ₹17 L/yr 277% more

Associate Engineer salary at Precision Electronics ranges between ₹1.9 Lakh to ₹5.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Precision Electronics.

Experience wise Precision Electronics Associate Engineer salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹1.9 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.4 L/yr

Similar Designation salaries in Precision Electronics

Senior Engineer Salary

(4 salaries)

₹5 L/yr - ₹5.4 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Precision Electronics

3.0

Rated by 1 employees for salary & benefits

Project Manager in Noida

Full Time

Construction & Site Engineering Department

4.0

• posted on 27 Aug 2023

3.0

for Salary and Benefits

Likes

1) Payment on time. 2) Better working environment. 3) Better relationship with management. 4) Good behavior of seniors. 5) Full freedom at working site regarding the progress.

Skill development - Good

+3 more

Dislikes

There is no better project in future and management is not interested in big projects.

Document Writer in Noida

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Apr 2022

1.0

for Salary and Benefits

Likes

It was my last mistake to join this company. No security, no work culture, no policy impediment, no training, no management good. Why I write these things because I faced all these things.

Dislikes

Everything is bad for junior and new employees.

Salary - Bad

+6 more

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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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Precision Electronics Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Precision Electronics ?

The average salary of a Associate Engineer at Precision Electronics in India typically ranges from ₹1.9 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Associate Engineer at Precision Electronics earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Associate Engineer Salaries at Precision Electronics 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 7 Precision Electronics employees in India.

What is the estimated take home salary of a Associate Engineer at Precision Electronics in India?

The estimated take-home salary of a Associate Engineer at Precision Electronics in India typically ranges from ₹19,921 to ₹21,585 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 salaries received from various employees of Precision Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Precision Electronics for Associate Engineer in India?

Cognizant	₹4.6 Lakhs to ₹17.0 Lakhs per year
Cisco	₹5.7 Lakhs to ₹14.5 Lakhs per year
Virtusa Consulting Services	₹2.3 Lakhs to ₹6.5 Lakhs per year
Sterlite Technologies	₹2.0 Lakhs to ₹3.5 Lakhs per year
Tejas Networks	₹2.6 Lakhs to ₹3.2 Lakhs per year

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

How the salary growth look like for a Associate Engineer at Precision Electronics in India?

The salary growth for a Associate Engineer at Precision Electronics depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Precision Electronics:

Experience	Average Salary Range
2 years	₹1.9 Lakhs to ₹1.9 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.4 Lakhs per year
4 years	₹2.4 Lakhs to ₹4.8 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.6 Lakhs per year

and so on.

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Precision Electronics Associate Engineer Salaries

Precision Electronics Associate Engineer salary in India ranges between ₹1.9 Lakh to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Precision Electronics latest salaries received from various employees of Precision Electronics.