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Annual salary range
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₹2.2
Lakhs - ₹2.8
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Companies similar to Rico for Diploma Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kiswok Industries Diploma Mechanical Engineer Salary
1 - 6 years exp. (7 salaries) |  ₹1.5 L/yr - ₹3 L/yr 
18%
less | |
 Marelli Diploma Mechanical Engineer Salary
1 - 4 years exp. (7 salaries) | ₹1.5 L/yr - ₹3.2 L/yr
19%
less | |
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| ||
 Seoyon E-hwa Automotive Diploma Mechanical Engineer Salary
2 - 6 years exp. (6 salaries) | ₹1.3 L/yr - ₹2 L/yr
31%
less | |
 Indorama Diploma Mechanical Engineer Salary
2 - 9 years exp. (4 salaries) | ₹3.8 L/yr - ₹8.9 L/yr 
164%
more | |
 Huawei Technologies Diploma Mechanical Engineer Salary
4 - 7 years exp. (3 salaries) | ₹2.7 L/yr - ₹3.5 L/yr
25%
more | |
 Data Entry Diploma Mechanical Engineer Salary
3 - 6 years exp. (3 salaries) | ₹2.1 L/yr - ₹5.3 L/yr
32%
more | |
 Tagros Chemicals Diploma Mechanical Engineer Salary
3 - 11 years exp. (3 salaries) | ₹2.3 L/yr - ₹3.3 L/yr
18%
more | |
Diploma Mechanical Engineer salary at Rico ranges between ₹2.2
Lakhs
to ₹2.8
Lakhs
per year for employees with 3 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Rico.
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2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Rico Diploma Mechanical Engineer salary in India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs. This is an estimate based on latest salaries received from employees of Rico.