Setco Spindles India Operations Engineer Salaries by 5 Employees

1 - 2 years exp.

₹2.1 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Operations Engineer Salary in Industrial Machinery Companies for 1 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Operations Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹7 L/yr
Project & Program Management Operations Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Research & Development Operations Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 27 May 2023

Companies similar to Setco Spindles India for Operations Engineer

Company name	Avg Annual Salary	Open Jobs
Owens Corning Operations Engineer Salary 1 - 8 years exp. (437 salaries)	₹1.8 L/yr - ₹5.3 L/yr 36% less
Deccan Fine Chemicals Operations Engineer Salary 2 - 8 years exp. (94 salaries)	₹2.1 L/yr - ₹7.3 L/yr 25% less
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OnMobile Global Operations Engineer Salary 1 - 4 years exp. (59 salaries)	₹2.4 L/yr - ₹6 L/yr 15% less
Tata Steel Operations Engineer Salary 3 - 10 years exp. (57 salaries)	₹3 L/yr - ₹7.4 L/yr 9% less
Aegis Vopak Terminals Operations Engineer Salary 1 - 9 years exp. (49 salaries)	₹3.1 L/yr - ₹7.5 L/yr 13% less

Operations Engineer salary at Setco Spindles India ranges between ₹2.1 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Setco Spindles India.

Experience wise Setco Spindles India Operations Engineer salaries

Last Updated: 27 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹7 L/yr
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2 years (4 salaries)	₹2 L/yr - ₹7 L/yr

Similar Designation salaries in Setco Spindles India

Operations Manager Salary

(3 salaries)

₹6.5 L/yr - ₹7.5 L/yr

Production Engineer Salary

(8 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Electrical Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.6 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

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₹2 L/yr - ₹4.9 L/yr

Salary related reviews for Setco Spindles India

Assistant Sales Manager in Pune

Full Time

Sales Department

5.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

Have all the freedom of taking decisions and excute them. If it fails you will encourage in right direction. Management is supportive if you are following the core values set by the organisation.

Skill development - Good

+4 more

Dislikes

Nothing

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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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Setco Spindles India Operations Engineer Salary FAQs

What is the salary of Operations Engineer at Setco Spindles India ?

The average salary of a Operations Engineer at Setco Spindles India in India typically ranges from ₹2.1 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Operations Engineer at Setco Spindles India earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Operations Engineer Salaries at Setco Spindles India 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 5 Setco Spindles India employees in India.

What is the estimated take home salary of a Operations Engineer at Setco Spindles India in India?

The estimated take-home salary of a Operations Engineer at Setco Spindles India in India typically ranges from ₹42,559 to ₹43,686 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹7.0 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 5 salaries received from various employees of Setco Spindles India. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Operations Engineer in companies similar to Setco Spindles India in India?

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

Tata Steel	₹3.0 Lakhs to ₹7.4 Lakhs per year
Aegis Vopak Terminals	₹3.1 Lakhs to ₹7.5 Lakhs per year
OnMobile Global	₹2.4 Lakhs to ₹6.0 Lakhs per year
Deccan Fine Chemicals	₹2.1 Lakhs to ₹7.3 Lakhs per year
Owens Corning	₹1.8 Lakhs to ₹5.3 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 Operations Engineer at Setco Spindles India in India?

The salary growth for a Operations Engineer at Setco Spindles India depends on factors such as experience, performance, and promotions. On average, a Operations Engineer can expect the following growth trajectory at Setco Spindles India:

Experience	Average Salary Range
1 year	₹7.0 Lakhs to ₹7.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹7.0 Lakhs per year

and so on.

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Setco Spindles India Operations Engineer Salaries

Setco Spindles India Operations Engineer salary in India ranges between ₹2.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Setco Spindles India latest salaries received from various employees of Setco Spindles India.