Rieco Industries Project Engineer Salaries by 9 Employees

3 - 6 years exp.

₹4.2 Lakhs - ₹6.6 Lakhs

Salary of majority employees

At par with the average Project Engineer Salary for 3 - 6 years of experience

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Last Updated: 12 Oct 2023

Companies similar to Rieco Industries for Project Engineer

Company name	Avg Annual Salary	Open Jobs
Plastic Omnium Project Engineer Salary 2 - 7 years exp. (124 salaries)	₹3.5 L/yr - ₹10 L/yr 25% more
Encube Ethicals Project Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 53% less
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Amphenol Interconnect Project Engineer Salary 2 - 16 years exp. (4 salaries)	₹3.6 L/yr - ₹8.4 L/yr 10% less
Gilbarco Veeder Root Project Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 39% less
Indus Valley Partners Project Engineer Salary 5 years exp. (3 salaries)	₹6.3 Cr/yr - ₹6.9 Cr/yr 11475% more
Ag Industries Project Engineer Salary 4 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 41% less

Project Engineer salary at Rieco Industries ranges between ₹4.2 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Rieco Industries.

Experience wise Rieco Industries Project Engineer salaries

Last Updated: 12 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.7 L/yr
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5 years (4 salaries)	₹4.5 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.6 L/yr

Similar Designation salaries in Rieco Industries

Project Manager Salary

(8 salaries)

₹8 L/yr - ₹20 L/yr

Site Engineer Salary

(3 salaries)

₹5.3 L/yr - ₹6.9 L/yr

Senior Engineer Salary

(12 salaries)

₹5 L/yr - ₹6.5 L/yr

Quality Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹4.85 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Site Engineer Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Diploma Civil Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Deputy Project Manager Salary

(5 salaries)

₹8.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(13 salaries)

₹8.5 L/yr - ₹13.06 L/yr

Assistant Project Manager Salary

(3 salaries)

₹7.7 L/yr - ₹11 L/yr

Top skills at Rieco Industries for Project Engineer

Procurement Billing Project Management Techno - commercial Payment Collection Monitoring PDF Revenue Accounting

Salary related reviews for Rieco Industries

4.0

Rated by 2 employees for salary & benefits

Manager Sales & Marketing in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 12 May 2023

1.0

for Salary and Benefits

Likes

Flexibility in working.

Work-life balance - Good

Dislikes

...are in good books of MD get promoted. There is no respect for Seniors at all. Salary raise is Put in Variable Pay and at the end of the year, they say your performance is not good and they dont give you good rating. No views from Seniors are considered. Only what MD says is to be heard.

Salary - Bad

+5 more

Sales Engineer

APC sales Engineer West Zone Department

4.0

• posted on 01 Feb 2019

3.0

for Salary and Benefits

Likes

Decent staff. Travelling allowances are good

Skill development - Excellent

+2 more

Dislikes

CTC is quit good but your salary in hand is too low. Work culture is avarage. Growth is poor. There are no training sessions directly you have to start workin and self learning.

Job security - Poor

Lead Sales Engineer in Pune

Full Time

Sales & Business Development Department

4.0

• posted on 03 Aug 2024

4.0

for Salary and Benefits

Likes

I've been working at RIECO for the last 3 years and started my professional journey with RIECO which helped me grow as a human & a professional with immense opportunities in sales & marketing. The work culture is great & the flexibility I get without micromanaging helped me figure things out on my own here.

Salary - Good

+3 more

Dislikes

There has been a lot of reorganizing & restructuring which does not let you settle down here. Management wants to experiment with the way the engineering practices & sales are done which eventually hurts ongoing projects & leads to the wrath of clients. The canteen service at Head office is excellent, but the quality goes down at another office location.

NPD Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 11 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Manager praised me every time praise and did not correct me whenever and wherever needed and made me trust him and told me no one will be laid off and when during lay off didnot even say anything MC... Lay off anytime.. As Company going through a heavy loss ... One suggestion "Don't JOIN" you deserve better.

Salary - Poor

+6 more

Design Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 11 Mar 2025

2.0

for Salary and Benefits

Likes

Skill Development Always has exposure, new opportunities Hybrid Work Reporting Managers are supportive

Dislikes

From joining observed Management is not good always unstable Favouritism culture is too much from Management, promotion is done irelevant of performance no transperancy New Management gives zero job security, can just fire at any time !! Salary increment is big drawback just seems okay in CTC but very low in hand !!

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Rieco Industries Project Engineer Salary FAQs

What is the salary of Project Engineer at Rieco Industries ?

The average salary of a Project Engineer at Rieco Industries in India typically ranges from ₹4.2 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Project Engineer at Rieco Industries earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Project Engineer Salaries at Rieco Industries 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 9 Rieco Industries employees in India.

What is the estimated take home salary of a Project Engineer at Rieco Industries in India?

The estimated take-home salary of a Project Engineer at Rieco Industries in India typically ranges from ₹43,270 to ₹44,387 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 6 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 9 salaries received from various employees of Rieco Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Project Engineer at Rieco Industries ?

To be a Project Engineer at Rieco Industries in india, the key skills required include:

- Procurement
- Billing
- Project Management
- Techno - commercial
- Payment Collection

These skills are highly valued at Rieco Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Rieco Industries for Project Engineer in India?

Indus Valley Partners	₹628.0 Lakhs to ₹694.1 Lakhs per year
Plastic Omnium	₹3.5 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Project Engineer in companies similar to Rieco Industries in India?

The salary of a Project Engineer at companies similar to Rieco Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Amphenol Interconnect	₹3.6 Lakhs to ₹8.4 Lakhs per year
Gilbarco Veeder Root	₹2.5 Lakhs to ₹4.0 Lakhs per year
Ag Industries	₹2.9 Lakhs to ₹3.6 Lakhs per year
Encube Ethicals	₹2.5 Lakhs to ₹3.0 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 Project Engineer at Rieco Industries in India?

The salary growth for a Project Engineer at Rieco Industries depends on factors such as experience, performance, and promotions. On average, a Project Engineer can expect the following growth trajectory at Rieco Industries:

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.2 Lakhs to ₹9.7 Lakhs per year
5 years	₹4.5 Lakhs to ₹6.6 Lakhs per year
6 years	₹6.5 Lakhs to ₹6.6 Lakhs per year

and so on.

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Rieco Industries Project Engineer Salaries

Rieco Industries Project Engineer salary in India ranges between ₹4.2 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Rieco Industries latest salaries received from various employees of Rieco Industries.