Precision Equipments (Chennai) Engineer Salaries by 4 Employees (Updated 2024)

1 - 6 years exp.

₹3.3 Lakhs - ₹4.7 Lakhs

Salary of majority employees

32% less than the average Engineer Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Procurement & Supply Chain Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 29 Nov 2024

Companies similar to Precision Equipments (Chennai) for Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Engineer Salary 3 - 15 years exp. (59 salaries)	₹5.1 L/yr - ₹20 L/yr 192% more
Larsen & Toubro Limited Engineer Salary 0 - 9 years exp. (1.3k salaries)	₹1.7 L/yr - ₹9 L/yr 53% more	1 job opening
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Thermax Limited Engineer Salary 1 - 10 years exp. (67 salaries)	₹2.1 L/yr - ₹8.7 L/yr 17% more	1 job opening
Kirloskar Brothers Engineer Salary 5 - 8 years exp. (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr 3% more
Godrej & Boyce Manufacturing Engineer Salary 4 - 15 years exp. (11 salaries)	₹3.2 L/yr - ₹7.3 L/yr 47% more
Voltas Engineer Salary 2 - 8 years exp. (48 salaries)	₹2.4 L/yr - ₹6 L/yr 3% more
Siemens Engineer Salary 2 - 12 years exp. (105 salaries)	₹1.9 L/yr - ₹9.5 L/yr 61% more	5 job openings
Tata Power Engineer Salary 2 - 10 years exp. (37 salaries)	₹2 L/yr - ₹7.7 L/yr 25% more
CG Power and Industrial Solutions Engineer Salary 1 - 10 years exp. (9 salaries)	₹2 L/yr - ₹8.5 L/yr 1% more
Blue Star Engineer Salary 1 - 10 years exp. (45 salaries)	₹2.3 L/yr - ₹9 L/yr 20% more
Super Auto Forge Engineer Salary 2 - 9 years exp. (95 salaries)	₹1.7 L/yr - ₹4.2 L/yr 23% less
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V.S.T Tillers Tractors Engineer Salary 1 - 6 years exp. (62 salaries)	₹3 L/yr - ₹5.5 L/yr 1% more
Ultra Corpotech Engineer Salary 2 - 8 years exp. (58 salaries)	₹3 L/yr - ₹6.8 L/yr 17% more
Ace Designers Engineer Salary 1 - 13 years exp. (43 salaries)	₹3 L/yr - ₹12.9 L/yr 86% more
Hyundai Construction Equipment Engineer Salary 2 - 7 years exp. (36 salaries)	₹3 L/yr - ₹5.6 L/yr 17% more
Wika Instruments India Engineer Salary 1 - 6 years exp. (33 salaries)	₹2.1 L/yr - ₹5.1 L/yr 1% less
L&T–MHI Power Boilers Engineer Salary 6 - 12 years exp. (33 salaries)	₹5 L/yr - ₹9.3 L/yr 74% more
Kobelco Construction Equipment India Engineer Salary 2 - 6 years exp. (28 salaries)	₹2.5 L/yr - ₹5 L/yr 12% less
Veer-O-- Metals Engineer Salary 3 - 7 years exp. (22 salaries)	₹2.8 L/yr - ₹6.5 L/yr 25% more
Toshiba Engineer Salary 1 - 20 years exp. (21 salaries)	₹4 L/yr - ₹10 L/yr 75% more

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Engineer salary at Precision Equipments (Chennai) ranges between ₹3.3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Equipments (Chennai).

Experience wise Precision Equipments (Chennai) Engineer salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹4.7 L/yr

View all

Similar Designation salaries in Precision Equipments (Chennai)

Senior Engineer Salary

(14 salaries)

₹3.25 L/yr - ₹8 L/yr

Junior Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Project Engineer Salary

(12 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Supervisor Salary

(3 salaries)

₹1.9 L/yr - ₹2.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Production Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(10 salaries)

₹5.04 L/yr - ₹8.4 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Maintenance Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Electrical Supervisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Top skills at Precision Equipments (Chennai) for Engineer

Thermal Engineering

Salary related reviews for Precision Equipments (Chennai)

1.0

Rated by 1 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.

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

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.

Dislikes

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

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

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...

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Precision Equipments (Chennai) Engineer Salary FAQs

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

Engineer salary at Precision Equipments (Chennai) in India ranges between ₹3.3 Lakhs to ₹4.7 Lakhs for experience between 1 years to 6 years. According to our estimates it is 32% less than the average Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Precision Equipments (Chennai) India.

How does the salary of a Engineer at Precision Equipments (Chennai) India compare with the average salary range for this job?

The average salary of a Engineer at Precision Equipments (Chennai) is 32% less than the average salary of a Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Engineer at Precision Equipments (Chennai)?

Thermal Engineering is a popular skill required to work as a Engineer at Precision Equipments (Chennai).

Which similar companies are paying more than Precision Equipments (Chennai) to a Engineer in India?

BHEL Engineer Salary - ₹5.1 Lakhs to ₹20.0 Lakhs per year
MAN Energy Solutions Engineer Salary - ₹4.9 Lakhs to ₹13.8 Lakhs per year
Ace Designers Engineer Salary - ₹3.0 Lakhs to ₹12.9 Lakhs per year
Toshiba Engineer Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
L&T–MHI Power Boilers Engineer Salary - ₹5.0 Lakhs to ₹9.3 Lakhs per year

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

Siemens Engineer Salary - ₹1.9 Lakhs to ₹9.5 Lakhs per year
Larsen & Toubro Limited Engineer Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
Godrej & Boyce Manufacturing Engineer Salary - ₹3.2 Lakhs to ₹7.3 Lakhs per year
General Industrial Controls Engineer Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year
Veer-O-- Metals Engineer Salary - ₹2.8 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Engineer at Precision Equipments (Chennai) ranges between ₹28,741 per month to ₹30,124 per month in India. The take-home salary calculation is based on the average Precision Equipments (Chennai) Engineer salary in India which ranges between ₹3.3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Engineer at Precision Equipments (Chennai)?

According to AmbitionBox, 100% of the Precision Equipments (Chennai) Engineers reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Precision Equipments (Chennai) Engineer Salaries

Precision Equipments (Chennai) Engineer salary in India ranges between ₹3.3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).