Precision Metals Mechanical Engineer Salaries by 4 Employees

2 - 5 years exp.

₹1.3 Lakh - ₹4.5 Lakhs

Salary of majority employees

38% less than the average Mechanical Engineer Salary in Aviation Companies for 2 - 5 years of experience

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Last Updated: 24 May 2024

Companies similar to Precision Metals for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Safran Engineering Services India Mechanical Engineer Salary 1 - 9 years exp. (16 salaries)	₹3 L/yr - ₹9.6 L/yr 83% more
Ankit Fasteners Mechanical Engineer Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 19% more
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Millennium Aero Dynamics Mechanical Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹5 L/yr 38% more
Three D Integrated Solutions Ltd Mechanical Engineer Salary 1 - 9 years exp. (4 salaries)	₹4 L/yr - ₹4.2 L/yr 43% more
International Aerospace Manufacturing Mechanical Engineer Salary 1 - 15 years exp. (3 salaries)	₹1.7 L/yr - ₹9 L/yr 119% more

Mechanical Engineer salary at Precision Metals ranges between ₹1.3 Lakh to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Metals.

Experience wise Precision Metals Mechanical Engineer salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.3 L/yr
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Precision Metals

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Junior Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Electrical Supervisor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Maintenance Supervisor Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Precision Metals Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Precision Metals ?

The average salary of a Mechanical Engineer at Precision Metals in India typically ranges from ₹1.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Mechanical Engineer at Precision Metals earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Mechanical Engineer Salaries at Precision Metals 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 Metals employees in India.

What is the estimated take home salary of a Mechanical Engineer at Precision Metals in India?

The estimated take-home salary of a Mechanical Engineer at Precision Metals in India typically ranges from ₹20,606 to ₹22,261 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Precision Metals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Precision Metals for Mechanical Engineer in India?

International Aerospace Manufacturing	₹1.7 Lakhs to ₹9.0 Lakhs per year
Safran Engineering Services India	₹3.0 Lakhs to ₹9.6 Lakhs per year
Three D Integrated Solutions Ltd	₹4.0 Lakhs to ₹4.2 Lakhs per year
Millennium Aero Dynamics	₹2.2 Lakhs to ₹5.0 Lakhs per year
Ankit Fasteners	₹3.0 Lakhs to ₹3.6 Lakhs per year

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

How the salary growth look like for a Mechanical Engineer at Precision Metals in India?

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

Experience	Average Salary Range
2 years	₹1.3 Lakhs to ₹1.3 Lakhs per year
3 years	₹0.9 Lakhs to ₹3.2 Lakhs per year
4 years	₹1.4 Lakhs to ₹4.5 Lakhs per year
5 years	₹4.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Precision Metals Mechanical Engineer Salaries

Precision Metals Mechanical Engineer salary in India ranges between ₹1.3 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Precision Metals latest salaries received from various employees of Precision Metals.