Precision Equipments (Chennai) Welding Engineer Salaries by 7 Employees

1 - 13 years exp.

₹2 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Welding Engineer Salary in Industrial Machinery Companies for 1 - 13 years of experience

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Salaries in different departments

Quality Assurance Welding Engineer Salary 6 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹6.5 L/yr
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Production, Manufacturing & Engineering Welding Engineer Salary 1 - 8 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr

Last Updated: 26 Jul 2023

Companies similar to Precision Equipments (Chennai) for Welding Engineer

Company name	Avg Annual Salary	Open Jobs
Ge India Industrial Welding Engineer Salary 2 - 11 years exp. (4 salaries)	₹3.1 L/yr - ₹7.7 L/yr 27% more
Veer-O-- Metals Welding Engineer Salary 9 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 3% more
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L&T–MHI Power Boilers Welding Engineer Salary 0 - 7 years exp. (4 salaries)	₹6 L/yr - ₹7.3 L/yr 59% more
Putzmeister Concrete Machines Welding Engineer Salary 5 - 7 years exp. (3 salaries)	₹4 L/yr - ₹4.6 L/yr 3% more
Larsen & Toubro Limited Welding Engineer Salary 3 - 11 years exp. (44 salaries)	₹2.3 L/yr - ₹11.8 L/yr 66% more

Welding Engineer salary at Precision Equipments (Chennai) ranges between ₹2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Precision Equipments (Chennai).

Experience wise Precision Equipments (Chennai) Welding Engineer salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Precision Equipments (Chennai)

Senior Engineer Salary

(15 salaries)

₹3.25 L/yr - ₹7.5 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

QA Engineer Salary

(3 salaries)

₹3 L/yr - ₹4.2 L/yr

QA QC Engineer Salary

(5 salaries)

₹3.6 L/yr - ₹4.3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Production Engineer Salary

(19 salaries)

₹2 L/yr - ₹3.45 L/yr

Senior Quality Engineer Salary

(4 salaries)

₹3.4 L/yr - ₹4.56 L/yr

Deputy Manager Salary

(10 salaries)

₹5.04 L/yr - ₹8.4 L/yr

Quality Controller Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for Precision Equipments (Chennai)

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

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 Equipments (Chennai) Welding Engineer Salary FAQs

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

The average salary of a Welding Engineer at Precision Equipments (Chennai) in India typically ranges from ₹2.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Welding Engineer at Precision Equipments (Chennai) earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Welding 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 7 Precision Equipments (Chennai) employees in India.

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

The estimated take-home salary of a Welding Engineer at Precision Equipments (Chennai) in India typically ranges from ₹31,387 to ₹32,681 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 13 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 Equipments (Chennai). Check how we calculate in-hand salary with our in-hand salary calculator.

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

Larsen & Toubro Limited	₹2.3 Lakhs to ₹11.8 Lakhs per year
L&T–MHI Power Boilers	₹6.0 Lakhs to ₹7.3 Lakhs per year
Ge India Industrial	₹3.1 Lakhs to ₹7.7 Lakhs per year
Putzmeister Concrete Machines	₹4.0 Lakhs to ₹4.6 Lakhs per year
Veer-O-- Metals	₹3.5 Lakhs to ₹7.5 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.

How the salary growth look like for a Welding Engineer at Precision Equipments (Chennai) in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Precision Equipments (Chennai) Welding Engineer Salaries

Precision Equipments (Chennai) Welding Engineer salary in India ranges between ₹2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).