Renold Chain Chennai Production Engineer Salaries by 3 Employees (Updated 2024)

4 - 7 years exp.

₹2.6 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Production Engineer Salary in Industrial Machinery Companies for 4 - 7 years of experience

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Last Updated: 17 May 2024

Companies similar to Renold Chain for Production Engineer in Chennai

Renold Chain Production Engineer Salary

4 - 7 years exp. (3 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Timken Production Engineer Salary 0 - 7 years exp. (26 salaries)	₹1.8 L/yr - ₹4.8 L/yr 1% less
J K Fenner Production Engineer Salary 2 - 12 years exp. (9 salaries)	₹2.4 L/yr - ₹5.2 L/yr 36% more
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Bosch Power Tools Production Engineer Salary 2 - 7 years exp. (5 salaries)	₹1.1 L/yr - ₹1.8 L/yr 51% less
Delphi TVS Production Engineer Salary 0 - 14 years exp. (172 salaries)	₹1 L/yr - ₹5.4 L/yr 11% more
Royal Enfield Production Engineer Salary 0 - 6 years exp. (164 salaries)	₹1.5 L/yr - ₹4.5 L/yr 15% less

Production Engineer salary at Renold Chain ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Production Engineer salaries in Chennai

Last Updated: 17 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 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 Production Engineer Salary FAQs

What is the notice period for Production Engineer at Renold Chain in Chennai?

According to AmbitionBox, 50% of the Renold Chain Production Engineers in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Renold Chain Production Engineer Salaries in Chennai

Renold Chain Production Engineer salary in Chennai ranges between ₹2.6 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Renold Chain latest salaries received from various employees of Renold Chain.