Ritesh Kumar & Company Material Engineer Salaries by Employees

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₹0.9 Lakh - ₹1.1 Lakh

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Last Updated: 25 Jul 2023

Companies similar to Ritesh Kumar & Company for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Material Engineer Salary 0 - 7 years exp. (12 salaries)	₹2.2 L/yr - ₹7 L/yr 379% more
Reliance Industries Material Engineer Salary 1 - 11 years exp. (4 salaries)	₹1.5 L/yr - ₹5.8 L/yr 237% more
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HCLTech Material Engineer Salary 2 - 4 years exp. (4 salaries)	₹4 L/yr - ₹5.3 L/yr 342% more
Prumatech Infosystems Material Engineer Salary 1 - 5 years exp. (101 salaries)	₹1 L/yr - ₹4 L/yr 187% more
Pilog Material Engineer Salary 0 - 6 years exp. (67 salaries)	₹1.5 L/yr - ₹5.6 L/yr 285% more

Material Engineer salary at Ritesh Kumar & Company ranges between ₹0.9 Lakh to ₹1.1 Lakh per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Ritesh Kumar & Company.

Similar Designation salaries in Ritesh Kumar & Company

Senior Engineer Salary

(3 salaries)

₹4.9 L/yr - ₹6.2 L/yr

Civil Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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Salary Discussions, Hike & Promotions

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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Ritesh Kumar & Company Material Engineer Salary FAQs

How the salary growth look like for a Material Engineer at Ritesh Kumar & Company in India?

The salary growth for a Material Engineer at Ritesh Kumar & Company depends on factors such as experience, performance, and promotions. On average, a Material Engineer can expect the following growth trajectory at Ritesh Kumar & Company:

Experience	Average Salary Range
11 years	₹0.9 Lakhs to ₹1.1 Lakhs per year

and so on.

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Ritesh Kumar & Company Material Engineer Salaries

Ritesh Kumar & Company Material Engineer salary in India ranges between ₹0.9 Lakh to ₹1.1 Lakh. This is an estimate based on latest salaries received from employees of Ritesh Kumar & Company.