Ricetec Machinery Junior Design Engineer Salaries by 4 Employees

1 - 2 years exp.

₹2.5 Lakhs - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Junior Design Engineer Salary in Industrial Machinery Companies for 1 - 2 years of experience

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Salaries in different departments

Research & Development Junior Design Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr
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UX, Design & Architecture Junior Design Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 3 Aug 2024

Companies similar to Ricetec Machinery for Junior Design Engineer

Company name	Avg Annual Salary	Open Jobs
ITL Industries Junior Design Engineer Salary 1 - 2 years exp. (6 salaries)	₹2.4 L/yr - ₹2.8 L/yr 7% less
Patil Automation Junior Design Engineer Salary 2 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 22% more
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Trelleborg Junior Design Engineer Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹5.5 L/yr 27% more
PMT Machines Junior Design Engineer Salary 1 - 11 years exp. (4 salaries)	₹3 L/yr - ₹4.6 L/yr 59% more
Tokai Rubber Auto Parts India Junior Design Engineer Salary 0 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 14% more
Accurate Engineering Company Junior Design Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹1.9 L/yr 36% less

Junior Design Engineer salary at Ricetec Machinery ranges between ₹2.5 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Ricetec Machinery.

Experience wise Ricetec Machinery Junior Design Engineer salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.6 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Ricetec Machinery

Senior Design Engineer Salary

(4 salaries)

₹4.6 L/yr - ₹7 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Ricetec Machinery

Product Design Engineer in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 31 Aug 2024

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

Continuous monitoring on movements in work permisses, fully properatorship. No proper work assessment, work management and team management. No proper Technology expansion or technical exposure for employees.

Skill development - Poor

+2 more

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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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Ricetec Machinery Junior Design Engineer Salary FAQs

What is the salary of Junior Design Engineer at Ricetec Machinery ?

The average salary of a Junior Design Engineer at Ricetec Machinery in India typically ranges from ₹2.5 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Junior Design Engineer at Ricetec Machinery earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Junior Design Engineer Salaries at Ricetec Machinery 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 Ricetec Machinery employees in India.

What is the estimated take home salary of a Junior Design Engineer at Ricetec Machinery in India?

The estimated take-home salary of a Junior Design Engineer at Ricetec Machinery in India typically ranges from ₹18,486 to ₹20,172 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 1 year to 2 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 Ricetec Machinery. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ricetec Machinery for Junior Design Engineer in India?

PMT Machines	₹3.0 Lakhs to ₹4.6 Lakhs per year
Trelleborg	₹2.6 Lakhs to ₹5.5 Lakhs per year
Patil Automation	₹3.0 Lakhs to ₹3.6 Lakhs per year
Tokai Rubber Auto Parts India	₹2.7 Lakhs to ₹3.5 Lakhs per year

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

What is the salary of a Junior Design Engineer in companies similar to Ricetec Machinery in India?

The salary of a Junior Design Engineer at companies similar to Ricetec Machinery in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ITL Industries	₹2.4 Lakhs to ₹2.8 Lakhs per year
Accurate Engineering Company	₹1.5 Lakhs to ₹1.9 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 Junior Design Engineer at Ricetec Machinery in India?

The salary growth for a Junior Design Engineer at Ricetec Machinery depends on factors such as experience, performance, and promotions. On average, a Junior Design Engineer can expect the following growth trajectory at Ricetec Machinery:

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Ricetec Machinery Junior Design Engineer Salaries

Ricetec Machinery Junior Design Engineer salary in India ranges between ₹2.5 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ricetec Machinery latest salaries received from various employees of Ricetec Machinery.