Stovec Industries Electrical Engineer Salaries by Employees

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₹2.2 Lakhs - ₹2.8 Lakhs

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Last Updated: 28 Nov 2021

Companies similar to Stovec Industries for Electrical Engineer

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Sree Metaliks Electrical Engineer Salary 3 - 8 years exp. (13 salaries)	₹2 L/yr - ₹5.2 L/yr 51% more
Dynamic Engineering Electrical Engineer Salary 3 - 13 years exp. (7 salaries)	₹2.4 L/yr - ₹6 L/yr 80% more
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Marshall Machines Electrical Engineer Salary 2 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 5% less
ITL Industries Electrical Engineer Salary 4 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹4 L/yr 31% more
Usha Breco Electrical Engineer Salary 0 - 9 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 14% more
NSK Electrical Engineer Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹6.4 L/yr 85% more
Mahindra Powerol Electrical Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4.2 L/yr 31% more
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Axtel Industries Electrical Engineer Salary 0 - 5 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 160% more
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Manugraph India Electrical Engineer Salary 3 - 11 years exp. (3 salaries)	₹1.8 L/yr - ₹4.9 L/yr 84% more
Central Tool Room & Training Centre Electrical Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr 43% less
Praj Hipurity Systems Electrical Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3.1 L/yr 2% less

Electrical Engineer salary at Stovec Industries ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Stovec Industries.

Similar Designation salaries in Stovec Industries

Executive Engineer Salary

(4 salaries)

₹6.6 L/yr - ₹8.5 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Stovec Industries

Executive in Ahmedabad

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

The company is very innovative.This is my good fortune that I am a part of the SPG team as market reliable & high quality products. I have worked here in production department,Q.C.department & in logistics with creating a new remarkable achievement's.

Salary - Good

+6 more

Dislikes

... value an individual or it's part of his job to stretch more his subordinates. Compensation is good but growth is very slow.Appreciations will come through the year, but it isn't visible in appraisal.

Senior Design Engineer in Ahmedabad

Full Time

Research & Development Department

4.0

• posted on 04 Aug 2018

4.0

for Salary and Benefits

Likes

The company started from 1967 is one of the leaders in textile printing arena. The products are designed to Carter the tier-2 and tier-3 level customers in India and abroad. The company has adiversified portfolio, and has a considerbly consistent growth since inception. Run by an Indian management which believes in humanity first, so job security comes first. A company with minimum attrition rate. One can secure a good paying job with considerable work life balance, with a calm working atmosphere. As number of employees are less, so is office politics.

Salary - Good

+2 more

Dislikes

The company has seen many up and down in all these years. The products seems to be outdated and requires major overhaul considering today's trends and competitive market. The value addition in products considering the years the company has been in the market is poor. I feel you can join this organisation after the age of 35, when your liabilities push you to work than your job satisfaction. You can peacefully retire here dishing out the same repeative work over all the years.

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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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Stovec Industries Electrical Engineer Salary FAQs

How the salary growth look like for a Electrical Engineer at Stovec Industries in India?

The salary growth for a Electrical Engineer at Stovec Industries depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at Stovec Industries:

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Stovec Industries Electrical Engineer Salaries

Stovec Industries Electrical Engineer salary in India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs. This is an estimate based on latest salaries received from employees of Stovec Industries.

Stovec Industries Electrical Engineer salaries in India

Companies similar to Stovec Industries for Electrical Engineer

Similar Designation salaries in Stovec Industries

Salary related reviews for Stovec Industries

Executive in Ahmedabad

Senior Design Engineer in Ahmedabad

Stovec Industries Electrical Engineer Salary FAQs

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