Precision Equipments (Chennai) Project Engineer Salaries by 10+ Employees

0 - 5 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% less than the average Project Engineer Salary in Industrial Machinery Companies for 0 - 5 years of experience

Interested in this particular role?

Last Updated: 7 Dec 2024

Companies similar to Precision Equipments (Chennai) for Project Engineer

Company name	Avg Annual Salary	Open Jobs
Wika Instruments India Project Engineer Salary 1 - 5 years exp. (35 salaries)	₹3.3 L/yr - ₹6 L/yr 39% more
Burckhardt Compression Project Engineer Salary 1 - 12 years exp. (21 salaries)	₹4.7 L/yr - ₹15.1 L/yr 229% more	1 job opening
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HYT Engineering Project Engineer Salary 3 - 13 years exp. (19 salaries)	₹2.8 L/yr - ₹8.2 L/yr 63% more
Rochem Separation Systems Project Engineer Salary 2 - 10 years exp. (8 salaries)	₹3.6 L/yr - ₹9.7 L/yr 92% more
L&T–MHI Power Boilers Project Engineer Salary 5 - 14 years exp. (8 salaries)	₹5.4 L/yr - ₹9.5 L/yr 141% more
Ge India Industrial Project Engineer Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹8.3 L/yr 39% more
Veer-O-- Metals Project Engineer Salary 3 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹4.8 L/yr 28% more
Beumer Group Project Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.6 L/yr - ₹26.1 L/yr 290% more
Dream Plast India Project Engineer Salary 4 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹5.5 L/yr 48% more
Kirloskar Toyota Textile Machinery Project Engineer Salary 2 - 5 years exp. (5 salaries)	₹5 L/yr - ₹8.3 L/yr 105% more
Gilbarco Veeder Root Project Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 9% more
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Ace Designers Project Engineer Salary 0 - 11 years exp. (4 salaries)	₹3 L/yr - ₹10 L/yr 121% more
Toshiba Project Engineer Salary 1 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9.6 L/yr 78% more
Bajaj Steel Industries Project Engineer Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹5.3 L/yr 50% more
Bobst India Project Engineer Salary 3 - 9 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 66% more
V.S.T Tillers Tractors Project Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr 8% less
Ultra Corpotech Project Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 28% more

Project Engineer salary at Precision Equipments (Chennai) ranges between ₹1.8 Lakh to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Precision Equipments (Chennai).

Latest annual salaries shared by Precision Equipments (Chennai) Project Engineer

1mo ago

₹3.6 Lakhs

1 year exp.

3mo ago

₹5.5 Lakhs

5 years exp.

1y ago

₹3 Lakhs

1 year exp.

1y ago

₹1.8 Lakh

1 month exp.

1y ago

₹3 Lakhs

3 years exp.

1y ago

4 years exp.

1y ago

2 years exp.

1y ago

3 years exp.

1y ago

3 years exp.

1y ago

2 years exp.

Experience wise Precision Equipments (Chennai) Project Engineer salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
1 year (3 salaries)	₹2 L/yr - ₹3.6 L/yr
Login to view exact salary
2 years (3 salaries)	₹2.4 L/yr - ₹5.6 L/yr
3 years (3 salaries)	₹2.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Precision Equipments (Chennai)

Project Manager Salary

(4 salaries)

₹9.6 L/yr - ₹12 L/yr

Senior Engineer Salary

(15 salaries)

₹3.25 L/yr - ₹7.5 L/yr

QA QC Engineer Salary

(5 salaries)

₹3.6 L/yr - ₹4.3 L/yr

Quality Engineer Salary

(6 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(4 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Deputy Project Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(10 salaries)

₹5.04 L/yr - ₹8.4 L/yr

Top skills at Precision Equipments (Chennai) for Project Engineer

Project Monitoring Project Management Project Planning Cost Control Management

Salary related reviews for Precision Equipments (Chennai)

2.2

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

see more salary related reviews

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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) Project Engineer Salary FAQs

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

The average salary of a Project Engineer at Precision Equipments (Chennai) in India typically ranges from ₹1.8 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Project Engineer at Precision Equipments (Chennai) earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Project 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 10+ Precision Equipments (Chennai) employees in India.

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

The estimated take-home salary of a Project Engineer at Precision Equipments (Chennai) in India typically ranges from ₹23,272 to ₹24,736 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher 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 10+ 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 Project Engineer at Precision Equipments (Chennai) ?

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

- Project Monitoring
- Project Management
- Project Planning
- Cost Control Management

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 Project Engineer in India?

Beumer Group	₹2.6 Lakhs to ₹26.1 Lakhs per year
Burckhardt Compression	₹4.7 Lakhs to ₹15.1 Lakhs per year
L&T–MHI Power Boilers	₹5.4 Lakhs to ₹9.5 Lakhs per year
Ace Designers	₹3.0 Lakhs to ₹10.0 Lakhs per year
Kirloskar Toyota Textile Machinery	₹5.0 Lakhs to ₹8.3 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 Project Engineer in companies similar to Precision Equipments (Chennai) in India?

The salary of a Project 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:

Rochem Separation Systems	₹3.6 Lakhs to ₹9.7 Lakhs per year
Toshiba	₹3.6 Lakhs to ₹9.6 Lakhs per year
Bobst India	₹5.0 Lakhs to ₹6.0 Lakhs per year
HYT Engineering	₹2.8 Lakhs to ₹8.2 Lakhs per year
Bajaj Steel Industries	₹4.2 Lakhs to ₹5.3 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 Project Engineer at Precision Equipments (Chennai) in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.7 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.6 Lakhs per year
2 years	₹2.4 Lakhs to ₹5.6 Lakhs per year
3 years	₹2.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Precision Equipments (Chennai) Project Engineer Salaries

Precision Equipments (Chennai) Project Engineer salary in India ranges between ₹1.8 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).