Schindler Elevator Installation Engineer Salaries by 4 Employees

2 - 24 years exp.

₹3 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% more than the average Elevator Installation Engineer Salary in Industrial Machinery Companies for 2 - 24 years of experience

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Last Updated: 17 Apr 2024

Companies similar to Schindler for Elevator Installation Engineer

Company name	Avg Annual Salary	Open Jobs
KONE Elevator Installation Engineer Salary 11 - 17 years exp. (3 salaries)	₹4 L/yr - ₹9.5 L/yr 2% more
Johnson Lifts Elevator Installation Engineer Salary 0 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹6 L/yr 36% less
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Otis Elevator Elevator Installation Engineer Salary 1 - 13 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 13% less
TK Elevator Elevator Installation Engineer Salary 14 - 23 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 40% more
Escon Elevators Elevator Installation Engineer Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹6 L/yr 29% less

Elevator Installation Engineer salary at Schindler ranges between ₹3 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Schindler.

Experience wise Schindler Elevator Installation Engineer salaries

Last Updated: 17 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
15+ years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

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Salary related reviews for Schindler

Project Engineer in Hyderabad / Secunderabad

New Installation Department

4.0

• posted on 29 Oct 2022

5.0

for Salary and Benefits

Likes

Salary good because it is on time Perks also good by keeping bills Reporting manager is good.but sometimes high authority spoils the realtionships

Salary - Excellent

+1 more

Dislikes

Political influence Possisiveness of same language of people

Accounts Manager in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

Salary given while recruitment is lucrative but job security is terrible. yearly appraisal depends on your manager only and not on performance..

Dislikes

Management puts terrible pressure and even passes personal comments and foul language. There is separate rule for people who do buttering up of boss and seperate rule for others who donot.

Skill development - Poor

+5 more

Area Manager in Pune

Full Time

Project & Program Management Department

4.0

• posted on 25 Sep 2024

4.0

for Salary and Benefits

Likes

They really do care about employees & the benefits except salary are one of USP of this company like helping hands, term insurance etc.

Salary - Good

+6 more

Dislikes

Only numbers matters here at the end of the month, quarter & year sometime overlooked the efforts made by the workmen

Customer Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Apr 2024

5.0

for Salary and Benefits

Likes

Initially they provide training for everything. Alternate Saturday off. Good salary structure.if you are in maintenance then the team is really great

Salary - Excellent

+4 more

Dislikes

Appraisal politics . If you are in maintenance then there will be lot of work load some times you have to work on Saturday and Sunday

Promotions - Poor

Salesman in Navi Mumbai

Full Time

Other Department

3.0

• posted on 11 Aug 2023

5.0

for Salary and Benefits

Likes

People join because Schindler pays higher salary. And then most of them leave because of the worst work culture. Place where i worked the sales manager was abusive/foul mouthed. Learning is zero there in sales department. Few of the old people stayed there for long timeand now sitting at a higher position which they really do not deserve. Overall i must say dp not join the company unless you are jobless.

Salary - Excellent

Dislikes

Only salary is good here rest all is bad in sales department.

Skill development - Bad

+5 more

see more salary related reviews

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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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Schindler Elevator Installation Engineer Salary FAQs

What is the salary of Elevator Installation Engineer at Schindler ?

The average salary of a Elevator Installation Engineer at Schindler in India typically ranges from ₹3.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 2 years to 24 years).

The top 10% of Elevator Installation Engineer at Schindler earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Elevator Installation Engineer Salaries at Schindler 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 Schindler employees in India.

What is the estimated take home salary of a Elevator Installation Engineer at Schindler in India?

The estimated take-home salary of a Elevator Installation Engineer at Schindler in India typically ranges from ₹52,441 to ₹53,744 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 2 years to 24 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 Schindler. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Schindler for Elevator Installation Engineer in India?

TK Elevator	₹6.0 Lakhs to ₹15.0 Lakhs per year
KONE	₹4.0 Lakhs to ₹9.5 Lakhs per year

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

What is the salary of a Elevator Installation Engineer in companies similar to Schindler in India?

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

Otis Elevator	₹4.0 Lakhs to ₹8.0 Lakhs per year
Escon Elevators	₹3.2 Lakhs to ₹6.0 Lakhs per year
Johnson Lifts	₹2.9 Lakhs to ₹6.0 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 Elevator Installation Engineer at Schindler in India?

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

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
14 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
15 years	₹11.7 Lakhs to ₹15.0 Lakhs per year

and so on.

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Schindler Elevator Installation Engineer Salaries

Schindler Elevator Installation Engineer salary in India ranges between ₹3 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Schindler latest salaries received from various employees of Schindler.