Precision Equipments (Chennai) Design Engineer Salaries by 8 Employees

1 - 8 years exp.

₹2 Lakhs - ₹9.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Design Engineer Salary in Industrial Machinery Companies for 1 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Design Engineer Salary 1 - 8 years exp. (6 salaries)	₹2 L/yr - ₹9.3 L/yr
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Research & Development Design Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.7 L/yr

Last Updated: 26 Sep 2024

Companies similar to Precision Equipments (Chennai) for Design Engineer

Company name	Avg Annual Salary	Open Jobs
MAN Energy Solutions Design Engineer Salary 1 - 8 years exp. (96 salaries)	₹3 L/yr - ₹8.5 L/yr 13% more
Bajaj Steel Industries Design Engineer Salary 1 - 6 years exp. (87 salaries)	₹1.8 L/yr - ₹5 L/yr 32% less
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Manitou Equipment India Design Engineer Salary 1 - 8 years exp. (51 salaries)	₹3 L/yr - ₹6.2 L/yr 16% less
Ace Designers Design Engineer Salary 1 - 11 years exp. (45 salaries)	₹2.5 L/yr - ₹12 L/yr 33% more
Burckhardt Compression Design Engineer Salary 1 - 7 years exp. (44 salaries)	₹1.2 L/yr - ₹8.5 L/yr 11% more
HYT Engineering Design Engineer Salary 1 - 7 years exp. (27 salaries)	₹2 L/yr - ₹6.8 L/yr 9% less	1 job opening
V.S.T Tillers Tractors Design Engineer Salary 1 - 6 years exp. (26 salaries)	₹2.1 L/yr - ₹9 L/yr 12% less
Bobst India Design Engineer Salary 1 - 6 years exp. (23 salaries)	₹3.9 L/yr - ₹7.5 L/yr 3% more
Ultra Corpotech Design Engineer Salary 3 - 7 years exp. (22 salaries)	₹3.4 L/yr - ₹7 L/yr 9% less
Super Auto Forge Design Engineer Salary 2 - 7 years exp. (21 salaries)	₹2.1 L/yr - ₹4.2 L/yr 41% less
Rochem Separation Systems Design Engineer Salary 0 - 5 years exp. (21 salaries)	₹1.8 L/yr - ₹5.4 L/yr 30% less
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Wika Instruments India Design Engineer Salary 0 - 4 years exp. (20 salaries)	₹2.5 L/yr - ₹5 L/yr 24% less
Jm Frictech Design Engineer Salary 1 - 6 years exp. (15 salaries)	₹1.8 L/yr - ₹5 L/yr 30% less
General Industrial Controls Design Engineer Salary 1 - 9 years exp. (14 salaries)	₹2.2 L/yr - ₹6.5 L/yr 16% less
Parle Elizabeth Tools Design Engineer Salary 2 - 5 years exp. (9 salaries)	₹2.6 L/yr - ₹4.3 L/yr 37% less
Beri Udyog Design Engineer Salary 1 - 3 years exp. (8 salaries)	₹2.2 L/yr - ₹4.2 L/yr 46% less
Gilbarco Veeder Root Design Engineer Salary 1 - 9 years exp. (8 salaries)	₹2.2 L/yr - ₹6.5 L/yr 14% less
Veer-O-- Metals Design Engineer Salary 2 - 9 years exp. (8 salaries)	₹3.5 L/yr - ₹7.8 L/yr 4% more
Hyundai Construction Equipment Design Engineer Salary 3 - 5 years exp. (8 salaries)	₹3 L/yr - ₹6.4 L/yr 17% less
Kirloskar Toyota Textile Machinery Design Engineer Salary 2 - 9 years exp. (7 salaries)	₹4.8 L/yr - ₹12 L/yr 58% more

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Design Engineer salary at Precision Equipments (Chennai) ranges between ₹2 Lakhs to ₹9.3 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Precision Equipments (Chennai).

Experience wise Precision Equipments (Chennai) Design Engineer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr

View all

Similar Designation salaries in Precision Equipments (Chennai)

Senior Engineer Salary

(15 salaries)

₹3.25 L/yr - ₹7.5 L/yr

Junior Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Senior Design Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹8.7 L/yr

Project Engineer Salary

(12 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(10 salaries)

₹5.04 L/yr - ₹8.4 L/yr

Top skills at Precision Equipments (Chennai) for Design Engineer

Pressure Vessels ASME HTRI PV Elite Static Equipment

Salary related reviews for Precision Equipments (Chennai)

3.0

Rated by 2 employees for salary & benefits

Production Engineer in Sriperumbudur

Full Time

Production Department

4.0

• posted on 12 Dec 2022

3.0

for Salary and Benefits

Likes

1. Lots of growth opportunities if chosen the right department, 2. Management completely supports any new ideas to improvise, 3. Compensation is good for a fresher, but after couple of years you might wanna switch, but in engineering team compensation would be in par with industry standards. 4. Good transport facility through MTC buses, 5. Accommodation and food is provided for a very cheap fee.

Job security - Excellent

Dislikes

1. Certain old people don't welcome new entrants in the best way possible, 2. A big pay parity between the manufacturing and engineering team, 3. Company employes mostly their relatives in engineering team. 4. Food provided is pretty average. 5. Leave benefits could be better

Promotions - Poor

+1 more

Production Engineer in Chennai

Production Department

3.0

• posted on 21 Jun 2022

1.0

for Salary and Benefits

Likes

One can learn a lot of elementary core related stuffs at the earlier stages. But after certain period these, it is hard to work without any compensations and benefits.

Job security - Good

Dislikes

...ys. They will not allow you take leave for the extra time you worked beforehand. Low salary package. No major benefits.

Salary - Bad

+3 more

Welder in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 15 Nov 2023

1.0

for Salary and Benefits

Likes

Good working and skill developments very good

Skill development - Excellent

Dislikes

The company with the worst Human Rights Officer and HR Management with the Company. Company will supported only HR Manager not a workers. Human rights Officer they treet the workers very poorly...

Salary - Bad

+4 more

Project Manager in Chennai

Full Time

Project & Program Management Department

5.0

• posted on 30 Jan 2024

2.0

for Salary and Benefits

Likes

We can learn much and it will be helpful in our career growth. However, need to sustain at least 3 years.

Skill development - Excellent

Dislikes

Management needs to focus on bigger growth, instead they are questioning from the bottom level, even though they employed Managers, GM and Vice president.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Precision Equipments (Chennai) Design Engineer Salary FAQs

What is the salary of Design Engineer at Precision Equipments (Chennai) ?

The average salary of a Design Engineer at Precision Equipments (Chennai) in India typically ranges from ₹2.0 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Design Engineer at Precision Equipments (Chennai) earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Design Engineer Salaries at Precision Equipments (Chennai) 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 8 Precision Equipments (Chennai) employees in India.

What is the estimated take home salary of a Design Engineer at Precision Equipments (Chennai) in India?

The estimated take-home salary of a Design Engineer at Precision Equipments (Chennai) in India typically ranges from ₹40,499 to ₹41,657 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 1 year to 8 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 8 salaries received from various employees of Precision Equipments (Chennai). Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Design Engineer at Precision Equipments (Chennai) ?

To be a Design Engineer at Precision Equipments (Chennai) in india, the key skills required include:

- Pressure Vessels
- ASME
- HTRI
- PV Elite
- Static Equipment

These skills are highly valued at Precision Equipments (Chennai) and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Precision Equipments (Chennai) for Design Engineer in India?

Kirloskar Toyota Textile Machinery	₹4.8 Lakhs to ₹12.0 Lakhs per year
Beumer Group	₹4.8 Lakhs to ₹12.0 Lakhs per year
Ace Designers	₹2.5 Lakhs to ₹12.0 Lakhs per year
L&T–MHI Power Boilers	₹6.2 Lakhs to ₹7.7 Lakhs per year
MAN Energy Solutions	₹3.0 Lakhs to ₹8.5 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Precision Equipments (Chennai) in India?

The salary of a Design Engineer at companies similar to Precision Equipments (Chennai) in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Burckhardt Compression	₹1.2 Lakhs to ₹8.5 Lakhs per year
Veer-O-- Metals	₹3.5 Lakhs to ₹7.8 Lakhs per year
Bobst India	₹3.9 Lakhs to ₹7.5 Lakhs per year
Putzmeister Concrete Machines	₹2.3 Lakhs to ₹11.0 Lakhs per year
HYT Engineering	₹2.0 Lakhs to ₹6.8 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 Design Engineer at Precision Equipments (Chennai) in India?

The salary growth for a Design Engineer at Precision Equipments (Chennai) depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Precision Equipments (Chennai):

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Precision Equipments (Chennai) Design Engineer Salaries

Precision Equipments (Chennai) Design Engineer salary in India ranges between ₹2 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).