Renold Chain Maintenance Engineer Salaries by 3 Employees (Updated 2024)

2 - 5 years exp.

₹2.4 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Maintenance Engineer Salary in Industrial Machinery Companies for 2 - 5 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Renold Chain for Maintenance Engineer

Company name	Avg Annual Salary	Open Jobs
Timken Maintenance Engineer Salary 0 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹6.5 L/yr 46% more
Bharat Bijlee Maintenance Engineer Salary 15 - 17 years exp. (3 salaries)	₹6.5 L/yr - ₹7.3 L/yr 176% more
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PIX Transmissions Maintenance Engineer Salary 1 - 10 years exp. (6 salaries)	₹1 L/yr - ₹3.5 L/yr 8% less
J K Fenner Maintenance Engineer Salary 1 - 8 years exp. (10 salaries)	₹1 L/yr - ₹3.5 L/yr 14% less
SKF Maintenance Engineer Salary 1 - 8 years exp. (16 salaries)	₹1.8 L/yr - ₹4.5 L/yr 36% more
Hyundai Construction Equipment Maintenance Engineer Salary 1 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹7 L/yr 63% more
Maschio Gaspardo Maintenance Engineer Salary 4 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹4.5 L/yr 52% more
Gilbarco Veeder Root Maintenance Engineer Salary 1 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 8% less
Beri Udyog Maintenance Engineer Salary 5 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4.3 L/yr 38% more
Beumer Group Maintenance Engineer Salary 3 - 6 years exp. (5 salaries)	₹4.3 L/yr - ₹4.8 L/yr 78% more
Lal Baba Seamless Tubes Maintenance Engineer Salary 0 - 3 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 23% more
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Kirloskar Toyota Textile Machinery Maintenance Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹2.5 L/yr 15% less
L&T–MHI Power Boilers Maintenance Engineer Salary 12 - 15 years exp. (5 salaries)	₹7.2 L/yr - ₹9.9 L/yr 262% more
Toyota Material Handling Maintenance Engineer Salary 4 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.6 L/yr 98% more
Tecumseh Products Maintenance Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.8 L/yr 8% less
Veer-O-- Metals Maintenance Engineer Salary 8 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹6 L/yr 111% more
Bosch Power Tools Maintenance Engineer Salary 8 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹4.5 L/yr 54% more

Maintenance Engineer salary at Renold Chain ranges between ₹2.4 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Maintenance Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Renold Chain

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Engineer Salary

(9 salaries)

₹3.9 L/yr - ₹5.4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Mechanical Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Production Engineer Salary

(9 salaries)

₹2.55 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(5 salaries)

₹7.3 L/yr - ₹8.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Renold Chain

Senior Sales Engineer in Karur

Full Time

SALES AND MARKETING Department

3.0

• posted on 14 Feb 2022

1.0

for Salary and Benefits

Likes

Renold is a good company for who wants to start their carrier in manufacturing sector.

Dislikes

Compensation is very poor. Growth is also very slow. Top management does not value your work and individual's Strength. My best advice doesn't choose Renold.

Sales & Marketing in India

Sales & Business Development Department

3.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

For junior level people its a food company. Freshers can also work in their initial career just to get some exposure to engineering industry.

Dislikes

There is no job security. Although its a MNC but peoples (mid & senior level managers) are not allowed to take decisions and working culture is exactly like family owned (Lala) company. There is not a single company policy which is in favour of employee, all the policies are designed in such a way that only company will be benefited. I got good increment during my tenure but there are people working since more than 10 years but got increment of 1% 1/2% in this way company is insulating their employees. Only selected people are getting good opportunities to grow.

Sales in Karur

Sales & Marketing Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is nothing i like about this company... Will not refer anyone here.

Dislikes

Poor management.... Too much politics.... No job security.... No scope for growth....management will never favour employees....

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Renold Chain Maintenance Engineer Salaries

Renold Chain Maintenance Engineer salary in India ranges between ₹2.4 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Renold Chain latest salaries received from various employees of Renold Chain.

Renold Chain Maintenance Engineer salaries in India

Companies similar to Renold Chain for Maintenance Engineer

Latest annual salaries shared by Renold Chain Maintenance Engineer

Experience wise Renold Chain Maintenance Engineer salaries

Similar Designation salaries in Renold Chain

Salary related reviews for Renold Chain

Senior Sales Engineer in Karur

Sales & Marketing in India

Sales in Karur

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