Premium Transmission Diploma Mechanical Engineer Salaries by 4 Employees

3 - 5 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Salary of majority employees

9% more than the average Diploma Mechanical Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Last Updated: 20 Apr 2024

Companies similar to Premium Transmission for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Star Wire India Diploma Mechanical Engineer Salary 3 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹6 L/yr 44% more
Nash Industries Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.1 L/yr - ₹2.6 L/yr 39% less
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Bonfiglioli Transmissions Private Limited Diploma Mechanical Engineer Salary 1 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹2.8 L/yr 31% less
Western Refrigeration Diploma Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.1 L/yr 33% less
Texmo Industries Diploma Mechanical Engineer Salary 1 - 10 years exp. (4 salaries)	₹1 L/yr - ₹6 L/yr 17% less
L&T Valves Diploma Mechanical Engineer Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.3 L/yr 30% less
Mann And Hummel Filter Diploma Mechanical Engineer Salary 0 - 6 years exp. (4 salaries)	₹1.4 L/yr - ₹2.5 L/yr 33% less
Sulzer Diploma Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.5 L/yr 30% less
Bharat Fritz Werner Diploma Mechanical Engineer Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 7% more
Nidec Corporation Diploma Mechanical Engineer Salary 0 - 1 year exp. (3 salaries)	₹1 L/yr - ₹2 L/yr 42% less
Wirtgen India Diploma Mechanical Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 22% less
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Diploma Mechanical Engineer salary at Premium Transmission ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Premium Transmission.

Experience wise Premium Transmission Diploma Mechanical Engineer salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

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Salary related reviews for Premium Transmission

1.0

Rated by 1 employees for salary & benefits

Junior Engineer in Pune

Full Time

Other Department

3.0

• posted on 12 Dec 2024

1.0

for Salary and Benefits

Likes

Company is a very good for learning technical knowledge

Dislikes

Salary structure of company is a very worst... I am blaming here only a compny management.. I respects my company but management is a poor I am diploma mechanical engineer &I am working here from past 10 yrs. Still i have a only 3.60 LPA salary...& now managent giving same salary for a 1-2 yrs. experience... I don't know how they calculating... But it's a totally discrimination so i am giving terrible rating👎🏻.... But ultimately i am still honestly working here.

Salary - Bad

+4 more

PPC Executive in Falta

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Coming to premium transmission is like coming to hell Cause here no increment for years No salary revision Toxic work culture No job security, even one can terminate without notice Long working hours like 14 hours even on Saturday Leave policy is very poor Very toxic management behavior that's why one should go other company even for low salary than this company is offering you As this is outskirts area so transportation is pathetic

Salary - Bad

+6 more

Assistant Store Manager in Falta

Full Time

Procurement & Supply Chain Department

1.0

• posted on 06 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...he management. No yearly increment. No office culture....no work life balance...even you don't get salary on time...if you are planning to leave premium....they will force you to serve

Salary - Bad

+6 more

Executive Accountant in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 13 Jun 2024

1.0

for Salary and Benefits

Likes

There is very good scope for learning here, if you want to learn you can definitely join premium group.

Skill development - Good

Dislikes

...ing in today's life & life has no meaning if you don't get paid well by working. The work is not properly remunerated, pay proper attention to worker's health, there is no work life balance, it is not right to give more salary & position to junior people than senior.

Salary - Bad

+4 more

Quality Engineer in Pune

Full Time

Quality Assurance Department

4.0

• posted on 17 Mar 2024

4.0

for Salary and Benefits

Likes

Salary was paid before the month end specially on every 25 of month. Canteen was best. Overtime money is paid many employees salary adding overtime gets more.

Salary - Good

+6 more

Dislikes

Manpower was insufficient for 3 shift between 2 people in cmm lab. Rest all is best people are good and salary is on time.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Premium Transmission Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Premium Transmission ?

The average salary of a Diploma Mechanical Engineer at Premium Transmission in India typically ranges from ₹2.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Diploma Mechanical Engineer at Premium Transmission earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Diploma Mechanical Engineer Salaries at Premium Transmission 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 Premium Transmission employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Premium Transmission in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Premium Transmission in India typically ranges from ₹20,347 to ₹22,005 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 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 Premium Transmission. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Premium Transmission for Diploma Mechanical Engineer in India?

Star Wire India	₹2.4 Lakhs to ₹6.0 Lakhs per year
Bharat Fritz Werner	₹2.8 Lakhs to ₹3.3 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to Premium Transmission in India?

The salary of a Diploma Mechanical Engineer at companies similar to Premium Transmission in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Texmo Industries	₹1.0 Lakhs to ₹6.0 Lakhs per year
Wirtgen India	₹1.8 Lakhs to ₹2.5 Lakhs per year
Sulzer	₹1.7 Lakhs to ₹2.5 Lakhs per year
L&T Valves	₹1.8 Lakhs to ₹2.3 Lakhs per year
Bonfiglioli Transmissions Private Limited	₹1.2 Lakhs to ₹2.8 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 Diploma Mechanical Engineer at Premium Transmission in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
5 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Premium Transmission Diploma Mechanical Engineer Salaries

Premium Transmission Diploma Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Premium Transmission latest salaries received from various employees of Premium Transmission.