Shriram Pistons & Rings Diploma Mechanical Engineer Salaries by 6 Employees

2 - 4 years exp.

₹1.5 Lakh - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% less than the average Diploma Mechanical Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 17 Jul 2023

Companies similar to Shriram Pistons & Rings for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
NBC Bearings Diploma Mechanical Engineer Salary 2 - 8 years exp. (106 salaries)	₹1.7 L/yr - ₹4.2 L/yr 64% more
Subros Diploma Mechanical Engineer Salary 0 - 3 years exp. (57 salaries)	₹1.2 L/yr - ₹2.5 L/yr 6% less
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JBM Group Diploma Mechanical Engineer Salary 0 - 5 years exp. (48 salaries)	₹1.2 L/yr - ₹4.5 L/yr 22% more
JTEKT Diploma Mechanical Engineer Salary 0 - 5 years exp. (41 salaries)	₹1.2 L/yr - ₹3.7 L/yr 14% more
Schaeffler India Diploma Mechanical Engineer Salary 1 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹4.2 L/yr 27% more
Wheels Diploma Mechanical Engineer Salary 0 - 6 years exp. (30 salaries)	₹1.3 L/yr - ₹4 L/yr 12% more
SKF Diploma Mechanical Engineer Salary 1 - 6 years exp. (26 salaries)	₹1.5 L/yr - ₹3 L/yr 5% more
Sona Comstar Diploma Mechanical Engineer Salary 0 - 6 years exp. (26 salaries)	₹1.5 L/yr - ₹3 L/yr 20% more
Bharat Forge Diploma Mechanical Engineer Salary 0 - 4 years exp. (24 salaries)	₹1.2 L/yr - ₹3 L/yr 10% more
TVS Sundram Fasteners Diploma Mechanical Engineer Salary 1 - 8 years exp. (20 salaries)	₹1.1 L/yr - ₹4 L/yr 17% more
L.G.Balakrishnan & Bros Diploma Mechanical Engineer Salary 1 - 8 years exp. (16 salaries)	₹1.5 L/yr - ₹4 L/yr 6% more
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CIE Automotive Diploma Mechanical Engineer Salary 0 - 7 years exp. (15 salaries)	₹1.8 L/yr - ₹3 L/yr 15% more
Endurance Technologies Diploma Mechanical Engineer Salary 1 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.2 L/yr 22% more
Sundaram Clayton Diploma Mechanical Engineer Salary 1 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹3.5 L/yr 20% more
Magna International Diploma Mechanical Engineer Salary 1 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.4 L/yr 31% more
Steel Strips Wheels Diploma Mechanical Engineer Salary 1 - 4 years exp. (8 salaries)	₹0.2 L/yr - ₹2.4 L/yr 3% more
Asahi India Glass Diploma Mechanical Engineer Salary 0 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹2.8 L/yr 3% more
Gabriel India Diploma Mechanical Engineer Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹3.9 L/yr 39% more
Rico Auto Industries Diploma Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹3.3 L/yr 46% more
Imperial Auto Industries Diploma Mechanical Engineer Salary 2 - 9 years exp. (7 salaries)	₹2.1 L/yr - ₹5.3 L/yr 74% more

View all

Diploma Mechanical Engineer salary at Shriram Pistons & Rings ranges between ₹1.5 Lakh to ₹2.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Shriram Pistons & Rings.

Experience wise Shriram Pistons & Rings Diploma Mechanical Engineer salaries

Last Updated: 17 Jul 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹2 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Similar Designation salaries in Shriram Pistons & Rings

Mechanical Engineer Salary

(38 salaries)

₹1.1 L/yr - ₹9.05 L/yr

Electrical Engineer Salary

(6 salaries)

₹6 L/yr - ₹6.5 L/yr

Senior Electrical Engineer Salary

(7 salaries)

₹10 L/yr - ₹14.5 L/yr

Senior Service Engineer Salary

(4 salaries)

₹9.4 L/yr - ₹12 L/yr

Maintenance Engineer Salary

(25 salaries)

₹1.8 L/yr - ₹9 L/yr

Senior Engineer Salary

(138 salaries)

₹3.84 L/yr - ₹14.5 L/yr

Service Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹7.1 L/yr

Executive Engineer Salary

(3 salaries)

₹3 L/yr - ₹9 L/yr

Production Engineer Salary

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₹3 L/yr - ₹8.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for Shriram Pistons & Rings

4.5

Rated by 3 employees for salary & benefits

Assistant Engineer in Bhiwadi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

You feel like a family here. No politics. Very good culture for working. Very supportive and technical strong senior.

Job security - Excellent

+3 more

Dislikes

Salary is ok but promotions procedure is not good. You don’t get post as per your experience and as compare to other companies. After 12-13 years experience they still don’t give post of even assistant engineer.

Deputy Manager in Bhiwadi

Research & Development Department

3.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Job security, Opportunity to discuss your ideas Opportunity to conduct trials

Skill development - Good

+2 more

Dislikes

Salary hike is very low Partiality in providing foreign trip opportunity Same level same rating salary hike is different

Production Engineer in Bhiwadi

Production, Manufacturing & Engineering Department

5.0

• posted on 06 Aug 2020

4.0

for Salary and Benefits

Likes

...he management is transparent there is huge cafeteria and gaming arcade chilling.company policy are good they give appraisal and bonus every year.

Salary - Good

+2 more

Dislikes

Carrier growth is slow

Skill development - Poor

Assistant Engineer in Ghaziabad

Other Department

5.0

• posted on 22 Feb 2019

5.0

for Salary and Benefits

Likes

Working environment usually like a other private firm.salary structure is good than any other firm. Facilities like traveling allowncaces, medical are available.

Salary - Excellent

+5 more

Dislikes

For your knowledge, shri ram pistons and rings Ltd is big firm. And it have near about 5000 employees. So in these peoples some are lazy, non working. These types of persons may be spoil your work experience.

Assistant Engineer in Ghaziabad

Production Department

4.0

• posted on 16 Feb 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and rapidly adopts latest technology.i love the fact that I am the part of a team that markets reliable high quality products and has a global client base. As a results I got lot of learnings & training. I also like the discipline culture & learning methods their focus for market competitor globally.

Skill development - Excellent

+1 more

Dislikes

Compensation is descent but growth is slow in terms of promotion.the work pressure is high . I have to wok 12-14 hrs in a day. Managers do not value individuals strength not appreciation for the hard work.no support or guidance provide for the improvements projects.No multiskilling for employee.

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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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Shriram Pistons & Rings Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Shriram Pistons & Rings ?

The average salary of a Diploma Mechanical Engineer at Shriram Pistons & Rings in India typically ranges from ₹1.5 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Diploma Mechanical Engineer at Shriram Pistons & Rings earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Diploma Mechanical Engineer Salaries at Shriram Pistons & Rings 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 6 Shriram Pistons & Rings employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Shriram Pistons & Rings in India?

The estimated take-home salary of a Diploma Mechanical Engineer at Shriram Pistons & Rings in India typically ranges from ₹13,201 to ₹14,613 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 2 years to 4 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 6 salaries received from various employees of Shriram Pistons & Rings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Pistons & Rings for Diploma Mechanical Engineer in India?

Imperial Auto Industries	₹2.1 Lakhs to ₹5.3 Lakhs per year
NBC Bearings	₹1.7 Lakhs to ₹4.2 Lakhs per year
Lumax Industries	₹2.1 Lakhs to ₹3.0 Lakhs per year
Balkrishna Industries	₹2.2 Lakhs to ₹3.5 Lakhs per year
Rico Auto Industries	₹2.4 Lakhs to ₹3.3 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to Shriram Pistons & Rings in India?

The salary of a Diploma Mechanical Engineer at companies similar to Shriram Pistons & Rings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spark Minda	₹2.2 Lakhs to ₹3.3 Lakhs per year
Gabriel India	₹2.5 Lakhs to ₹3.9 Lakhs per year
Magna International	₹1.8 Lakhs to ₹3.4 Lakhs per year
Schaeffler India	₹1.1 Lakhs to ₹4.2 Lakhs per year
Endurance Technologies	₹1.8 Lakhs to ₹3.2 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 Diploma Mechanical Engineer at Shriram Pistons & Rings in India?

The salary growth for a Diploma Mechanical Engineer at Shriram Pistons & Rings depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at Shriram Pistons & Rings:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
4 years	₹1.6 Lakhs to ₹2.0 Lakhs per year

and so on.

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Shriram Pistons & Rings Diploma Mechanical Engineer Salaries

Shriram Pistons & Rings Diploma Mechanical Engineer salary in India ranges between ₹1.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shriram Pistons & Rings latest salaries received from various employees of Shriram Pistons & Rings.