SKF Pune Mechanical Engineer Salaries by 10+ Employees

1 - 7 years exp.

₹1.5 Lakh - ₹4 Lakhs

Salary of majority employees

22% less than the average Mechanical Engineer Salary in Auto Components Companies for 1 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 3 - 7 years exp. (6 salaries)	₹2.9 L/yr - ₹4 L/yr
Procurement & Supply Chain Mechanical Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr
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Research & Development Mechanical Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.6 L/yr

Last Updated: 4 Aug 2024

Companies similar to SKF for Mechanical Engineer in Pune

SKF Mechanical Engineer Salary

1 - 7 years exp. (11 salaries)

₹1.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Mechanical Engineer Salary 1 - 9 years exp. (54 salaries)	₹1.5 L/yr - ₹7 L/yr 16% more
Sharda Motor Industries Mechanical Engineer Salary 1 - 7 years exp. (15 salaries)	₹1.7 L/yr - ₹4.9 L/yr 1% more
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Gabriel India Mechanical Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.5 L/yr - ₹5.1 L/yr 5% more
Lear Corporation Mechanical Engineer Salary 1 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹5.8 L/yr 8% more
CIE Automotive Mechanical Engineer Salary 1 - 10 years exp. (9 salaries)	₹1.9 L/yr - ₹6.3 L/yr 16% more
Tata AutoComp Systems Mechanical Engineer Salary 0 - 3 years exp. (8 salaries)	₹1.5 L/yr - ₹5 L/yr 32% less
Lumax Industries Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹1.5 L/yr - ₹4.5 L/yr 24% less
Endurance Technologies Mechanical Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹3.6 L/yr 24% less
Spark Minda Mechanical Engineer Salary 0 - 7 years exp. (7 salaries)	₹1.2 L/yr - ₹4.4 L/yr 21% less
Schaeffler India Mechanical Engineer Salary 1 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹4.2 L/yr 7% less
Magna International Mechanical Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 4% less
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Pricol Mechanical Engineer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 20% less
JBM Group Mechanical Engineer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr 9% less
Subros Mechanical Engineer Salary 3 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.3 L/yr 7% less

Mechanical Engineer salary at SKF ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 11 latest salaries received from various employees of SKF.

Experience wise SKF Mechanical Engineer salaries in Pune

Last Updated: 4 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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3 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in SKF

Production Engineer Salary

(39 salaries)

₹1 L/yr - ₹5 L/yr

Maintenance Engineer Salary

(7 salaries)

₹2 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(6 salaries)

₹1.3 L/yr - ₹2.8 L/yr

Executive Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹6.3 L/yr

Salary related reviews for SKF

3.0

Rated by 1 employees for salary & benefits

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Job security - Excellent

+3 more

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Promotions - Bad

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Salary - Bad

+5 more

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Salary - Good

+5 more

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

Machine Operator in Mysuru / Mysore

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. There is Good transport facility and they give good salary and canteen facility. This company give a good opportunity for fresher.On the job training is good for new joinees

Salary - Good

+4 more

Dislikes

Salary is decent but career growth is slow .There is no employeement in this company

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SKF Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at SKF in Pune?

The average salary of a Mechanical Engineer at SKF in Pune typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Mechanical Engineer in Pune at SKF earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Mechanical Engineer Salaries at SKF 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 10+ SKF employees in India.

What is the estimated take home salary of a Mechanical Engineer at SKF in Pune?

The estimated take-home salary of a Mechanical Engineer at SKF in Pune typically ranges from ₹24,438 to ₹25,885 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 10+ salaries received from various employees of SKF. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SKF for Mechanical Engineer in India?

Bharat Forge	₹1.5 Lakhs to ₹7.0 Lakhs per year
CIE Automotive	₹1.9 Lakhs to ₹6.3 Lakhs per year
Lear Corporation	₹1.8 Lakhs to ₹5.8 Lakhs per year
Gabriel India	₹2.5 Lakhs to ₹5.1 Lakhs per year
Sharda Motor Industries	₹1.7 Lakhs to ₹4.9 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to SKF in Pune?

The salary of a Mechanical Engineer at companies similar to SKF in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Magna International	₹2.4 Lakhs to ₹3.3 Lakhs per year
Subros	₹3.0 Lakhs to ₹4.3 Lakhs per year
Schaeffler India	₹1.7 Lakhs to ₹4.2 Lakhs per year
JBM Group	₹2.5 Lakhs to ₹4.2 Lakhs per year
Pricol	₹2.0 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 Mechanical Engineer at SKF in Pune?

The salary growth for a Mechanical Engineer at SKF in Pune depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Pune can expect the following growth trajectory at SKF:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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SKF Mechanical Engineer Salaries in Pune

SKF Mechanical Engineer salary in Pune ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 SKF latest salaries received from various employees of SKF.