PRECISION STAMPINGS Mechanical Engg. Design Salaries by 3 Employees

4 - 6 years exp.

₹3.8 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average Mechanical Engg. Design Salary for 4 - 6 years of experience

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Last Updated: 3 Jan 2024

Companies similar to PRECISION STAMPINGS for Mechanical Engg. Design

Company name	Avg Annual Salary	Open Jobs
Sulzer Mechanical Engg. Design Salary 1 - 10 years exp. (41 salaries)	₹3 L/yr - ₹11.3 L/yr 76% more
Ingersoll Rand Mechanical Engg. Design Salary 2 - 9 years exp. (27 salaries)	₹3.9 L/yr - ₹12 L/yr 100% more
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Bharat Fritz Werner Mechanical Engg. Design Salary 0 - 8 years exp. (12 salaries)	₹3 L/yr - ₹6.7 L/yr 14% more
Delta Electronics Mechanical Engg. Design Salary 4 - 9 years exp. (11 salaries)	₹4.3 L/yr - ₹7.7 L/yr 33% more
L&T Valves Mechanical Engg. Design Salary 1 - 7 years exp. (10 salaries)	₹2 L/yr - ₹3.5 L/yr 39% less
Hi Tech Gears Mechanical Engg. Design Salary 0 - 6 years exp. (9 salaries)	₹1.2 L/yr - ₹6 L/yr 8% less
Knorr-Bremse Mechanical Engg. Design Salary 3 - 7 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 65% more
Rieter Mechanical Engg. Design Salary 0 - 2 years exp. (8 salaries)	₹2.4 L/yr - ₹3.2 L/yr 31% less
Nash Industries Mechanical Engg. Design Salary 2 - 5 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr 1% more
Grey Orange Mechanical Engg. Design Salary 4 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹18 L/yr 162% more
Gestamp Mechanical Engg. Design Salary 0 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5.1 L/yr 10% less
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Bajaj Motors Mechanical Engg. Design Salary 8 - 11 years exp. (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr 2% less
Hero Motors Company Mechanical Engg. Design Salary 3 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹15.5 L/yr 160% more
Kirloskar Pneumatic Mechanical Engg. Design Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 45% less

Mechanical Engg. Design salary at PRECISION STAMPINGS ranges between ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of PRECISION STAMPINGS.

Experience wise PRECISION STAMPINGS Mechanical Engg. Design salaries

Last Updated: 3 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in PRECISION STAMPINGS

Tool Design Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.8 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

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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 STAMPINGS Mechanical Engg. Design Salary FAQs

How the salary growth look like for a Mechanical Engg. Design at PRECISION STAMPINGS in India?

The salary growth for a Mechanical Engg. Design at PRECISION STAMPINGS depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design can expect the following growth trajectory at PRECISION STAMPINGS:

Experience	Average Salary Range
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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PRECISION STAMPINGS Mechanical Engg. Design Salaries

PRECISION STAMPINGS Mechanical Engg. Design salary in India ranges between ₹3.8 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 PRECISION STAMPINGS latest salaries received from various employees of PRECISION STAMPINGS.