Annual salary range
1 - 4 years exp.
₹1.5
Lakh - ₹3.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
48% less than the average Mechanical Engineer Salary for 1 - 4 years of experience
Interested in this particular role?
Companies similar to Sree Rengaraj Ispat Industries for Mechanical Engineer in Erode
Sree Rengaraj Ispat Industries
Mechanical Engineer Salary
1 - 4 years exp. (4 salaries) |  ₹1.5 L/yr - ₹3.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| Coral Rewinding Mechanical Engineer Salary
7 - 9 years exp. (3 salaries) |  ₹1.1 L/yr - ₹1.4 L/yr 
49%
less | |
Mechanical Engineer salary at Sree Rengaraj Ispat Industries ranges between ₹1.5
Lakh
to ₹3.5
Lakhs
per year for employees with experience between 1 year to 4 years. Salary
estimates are based on
4 latest salaries received
from various employees of Sree Rengaraj Ispat Industries.
Experience wise Sree Rengaraj Ispat Industries Mechanical Engineer salaries in Erode
Last Updated: 14 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹1.8
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹3.2
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹3.2
L/yr
- ₹4
L/yr
|
Similar Designation salaries in Sree Rengaraj Ispat Industries
Top trending discussions
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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview.
1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining.
2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon
3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too.
4. Leaves – We get 21 paid leaves a year.
I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Sree Rengaraj Ispat Industries Mechanical Engineer Salary FAQs
What is the salary of Mechanical Engineer at Sree Rengaraj Ispat Industries in Erode?
The average salary of a Mechanical Engineer at Sree Rengaraj Ispat Industries in Erode typically ranges from ₹1.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).
The top 10% of Mechanical Engineer in Erode at Sree Rengaraj Ispat Industries earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engineer Salaries at Sree Rengaraj Ispat Industries 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 Sree Rengaraj Ispat Industries employees in India.
The top 10% of Mechanical Engineer in Erode at Sree Rengaraj Ispat Industries earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engineer Salaries at Sree Rengaraj Ispat Industries 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 Sree Rengaraj Ispat Industries employees in India.
What is the estimated take home salary of a Mechanical Engineer at Sree Rengaraj Ispat Industries in Erode?
The estimated take-home salary of a Mechanical Engineer at Sree Rengaraj Ispat Industries in Erode typically ranges from ₹16,314 to ₹17,995 per month. This is based on the average salary range of
₹1.5 Lakhs to ₹3.5 Lakhs
per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Sree Rengaraj Ispat Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Mechanical Engineer in companies similar to Sree Rengaraj Ispat Industries in Erode?
The salary of a Mechanical Engineer at companies similar to Sree Rengaraj Ispat Industries in Erode varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Coral Rewinding | ₹1.1 Lakhs to ₹1.4 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 Sree Rengaraj Ispat Industries in Erode?
The salary growth for a Mechanical Engineer at Sree Rengaraj Ispat Industries in Erode depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Erode can expect the following growth trajectory at Sree Rengaraj Ispat Industries:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.4 Lakhs to ₹1.8 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹3.2 Lakhs per year |
| 4 years | ₹3.2 Lakhs to ₹4.0 Lakhs per year |
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- Sree Rengaraj Ispat Industries Mechanical Engineer Salaries in Erode
Sree Rengaraj Ispat Industries Mechanical Engineer salary
in
Erode
ranges between ₹1.5
Lakh to ₹3.5
Lakhs with an average annual salary of
₹
. Salary estimates are based on
4
Sree Rengaraj Ispat Industries latest salaries received from various employees of
Sree Rengaraj Ispat Industries.