Precision Industrial Fasteners Design Engineer Salaries by 4 Employees

Last Updated: 16 Mar 2023

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Design Engineer salary at Precision Industrial Fasteners ranges between ₹2.5 Lakhs to ₹3.3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Industrial Fasteners.

Experience wise Precision Industrial Fasteners Design Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Precision Industrial Fasteners

Senior Engineer Salary

(4 salaries)

₹2.8 L/yr - ₹4.6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Design Engineer Salary

(3 salaries)

₹3.2 L/yr - ₹4.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(3 salaries)

₹7.5 L/yr - ₹10.8 L/yr

Salary related reviews for Precision Industrial Fasteners

4.0

Rated by 1 employees for salary & benefits

Manager Sales & Marketing in Ludhiana

Full Time

Marketing & Communication Department

5.0

• posted on 20 Oct 2023

5.0

for Salary and Benefits

Likes

At Precision Industrial Fasteners, the working culture stands out as one of the most supportive and collaborative environment. Management is very supportive and interested in everyone's growth.

Salary - Excellent

+6 more

Dislikes

Everything is perfect!

General Manager in Ludhiana

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

I have worked in PIF for more than 10 years. It has given me immense growth. Although now I'm retired, I'll always be available for Precision. I started with Procurement Engineer and I retired as Procurement General Manager.

Salary - Excellent

+6 more

Dislikes

Nothing

Manager Sales & Marketing in Ludhiana

Full Time

Marketing & Communication Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

The culture in the company always focus towards growth, which can either for individual person or for the company This makes me satisfied as I am improving my skills in daily run

Salary - Excellent

+6 more

Dislikes

Work pressure is high sometimes, but I find it fascinating as I am able to gather experience in vast areas like being in marketing, once I managed material management for my particular product on shop floor

Production Engineer in Sahnewal, Punjab

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 22 Oct 2023

5.0

for Salary and Benefits

Likes

This is my 5th company, being such a big company, I have never seen this amazing culture where owners and teams collaborate together and solve problems in depth. THus i love the working style. I am shifting to Faridabad due to family reasons, otherwise if I will get opportunity to join here in future, will surely come back

Salary - Excellent

+6 more

Dislikes

If the peak season is going on, we hve to come on weekends sometimes, if urgent

Head Sales & Marketing in Sua Road, Dhandari Kalan Ludhiana

Full Time

Sales & Business Development Department

1.0

• posted on 16 Jun 2023

2.0

for Salary and Benefits

Likes

Nothing, which u can like in this company. 12 hours duty timing after duty you can have call from MD or there chilnders any time you early morning or late night. They dont valued the employe’s personal life

Dislikes

Company politic Owners do like the people who are sycophants Late working hours If you left the company, you will not get your full & final payment even if you gave them proper time and handover properly Company dont have any working system. Unprofessionalism Mentally torture and harassment

Salary - Poor

+6 more

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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 Industrial Fasteners Design Engineer Salary FAQs

What is the salary of Design Engineer at Precision Industrial Fasteners ?

The average salary of a Design Engineer at Precision Industrial Fasteners in India typically ranges from ₹2.5 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Design Engineer at Precision Industrial Fasteners earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Design Engineer Salaries at Precision Industrial Fasteners 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 4 Precision Industrial Fasteners employees in India.

What is the estimated take home salary of a Design Engineer at Precision Industrial Fasteners in India?

The estimated take-home salary of a Design Engineer at Precision Industrial Fasteners in India typically ranges from ₹20,996 to ₹22,645 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 salaries received from various employees of Precision Industrial Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Precision Industrial Fasteners for Design Engineer in India?

BT E Serv	₹9.7 Lakhs to ₹25.0 Lakhs per year
Linde India	₹9.5 Lakhs to ₹13.5 Lakhs per year
ABCD	₹4.7 Lakhs to ₹12.6 Lakhs per year
Becton Dickinson	₹7.0 Lakhs to ₹14.0 Lakhs per year
ZF Steering Gear	₹2.2 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Precision Industrial Fasteners in India?

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

Genius Consultants	₹5.0 Lakhs to ₹5.8 Lakhs per year
Aarvi Encon	₹4.3 Lakhs to ₹6.0 Lakhs per year
ANY Graphics	₹3.0 Lakhs to ₹8.0 Lakhs per year
Amphenol Interconnect	₹1.5 Lakhs to ₹8.0 Lakhs per year
Ag Industries	₹2.5 Lakhs to ₹5.0 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 Industrial Fasteners in India?

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

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Precision Industrial Fasteners Design Engineer Salaries

Precision Industrial Fasteners Design Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Precision Industrial Fasteners latest salaries received from various employees of Precision Industrial Fasteners.

Precision Industrial Fasteners Design Engineer salaries in India

Companies similar to Precision Industrial Fasteners for Design Engineer

Latest annual salaries shared by Precision Industrial Fasteners Design Engineer

Experience wise Precision Industrial Fasteners Design Engineer salaries

Similar Designation salaries in Precision Industrial Fasteners

Salary related reviews for Precision Industrial Fasteners

Manager Sales & Marketing in Ludhiana

General Manager in Ludhiana

Manager Sales & Marketing in Ludhiana

Production Engineer in Sahnewal, Punjab

Head Sales & Marketing in Sua Road, Dhandari Kalan Ludhiana

Precision Industrial Fasteners Design Engineer Salary FAQs

Tell us how to improve this page.