Sound Castings Foundry Development Engineer Salaries by 4 Employees

3 - 6 years exp.

₹2.5 Lakhs - ₹6.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% more than the average Foundry Development Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Foundry Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr
UX, Design & Architecture Foundry Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development Foundry Development Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr

Last Updated: 26 Jul 2023

Companies similar to Sound Castings for Foundry Development Engineer

Company name	Avg Annual Salary	Open Jobs
Shriram Foundry Foundry Development Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.3 L/yr 44% less

Foundry Development Engineer salary at Sound Castings ranges between ₹2.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Sound Castings.

Experience wise Sound Castings Foundry Development Engineer salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

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Salary related reviews for Sound Castings

3.0

Rated by 1 employees for salary & benefits

Genaral Manager Machining Process & Tooling Design in Kolhapur

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 May 2019

1.0

for Salary and Benefits

Likes

On time salary, wide customer base

Skill development - Good

+1 more

Dislikes

Very low salary, only responsibilities very less authorities, no freedom, micromanagement by directors, rational decisions about coolige appointment, juniors transfer without consultation/discussion, no value to employees, employees personal time, very less leaves, no canteen & pickup drop facilities,

Salary - Bad

+3 more

Production Assistant

Research & Development Department

4.0

• posted on 10 Mar 2019

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love that I am a part of a team that markets reliable, high quality products and has a global client base.

Skill development - Good

+4 more

Dislikes

Compensation is decent but growth is slow.

Trainee Engineer In Production Fondry in Kagal

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

I like to work at sound casting because, I got the apportunati to learna new things and lot of things I have learned. All staff peoples are good and I got lot of informations.

Skill development - Excellent

+5 more

Dislikes

I have to work three rotational shifts.

Superintendent Lab in Kolhapur

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Sep 2019

4.0

for Salary and Benefits

Likes

It's my pleasure to work with the Company... The Sound is open to innovation and readily adopts latest technology. The Company always value it's customer thought supplying High end Quality in products and services... Overall I am satisfied

Salary - Good

+6 more

Dislikes

Well no comments

Engineer Trainee

Research & Development Department

4.0

• posted on 07 Dec 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am part of team that markets high quality, precision products and has global client base.

Salary - Good

+5 more

Dislikes

One thing I don't like that HR takes 1.5 years for confirmation letter

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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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Sound Castings Foundry Development Engineer Salary FAQs

What is the salary of Foundry Development Engineer at Sound Castings ?

The average salary of a Foundry Development Engineer at Sound Castings in India typically ranges from ₹2.5 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Foundry Development Engineer at Sound Castings earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Foundry Development Engineer Salaries at Sound Castings 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 Sound Castings employees in India.

What is the estimated take home salary of a Foundry Development Engineer at Sound Castings in India?

The estimated take-home salary of a Foundry Development Engineer at Sound Castings in India typically ranges from ₹25,515 to ₹26,946 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 3 years to 6 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 Sound Castings. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Foundry Development Engineer in companies similar to Sound Castings in India?

The salary of a Foundry Development Engineer at companies similar to Sound Castings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Foundry

₹1.7 Lakhs to ₹2.3 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 Foundry Development Engineer at Sound Castings in India?

The salary growth for a Foundry Development Engineer at Sound Castings depends on factors such as experience, performance, and promotions. On average, a Foundry Development Engineer can expect the following growth trajectory at Sound Castings:

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
6 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Sound Castings Foundry Development Engineer Salaries

Sound Castings Foundry Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sound Castings latest salaries received from various employees of Sound Castings.