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Tech Mahindra Costing Engineer salaries in India

Annual salary range
0 - 8 years exp.
₹4.2 Lakhs - ₹11.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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38% more than the average Costing Engineer Salary in IT Services & Consulting Companies for 0 - 8 years of experience

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Last Updated: 25 Nov 2023

Companies similar to Tech Mahindra for Costing Engineer

Company name Avg Annual Salary Open Jobs
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TCS Costing Engineer Salary

1 - 3 years exp. (3 salaries)

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₹5.3 L/yr - ₹5.9 L/yr

arrow icon 32% less
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HCLTech Costing Engineer Salary

2 - 7 years exp. (18 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 45% less
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₹10.3 L/yr - ₹13.4 L/yr

arrow icon 43% more
1 job opening
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₹7 L/yr - ₹7.8 L/yr

arrow icon 13% less
1 job opening
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HCL Group Costing Engineer Salary

4 - 6 years exp. (4 salaries)

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₹4.3 L/yr - ₹10.5 L/yr

arrow icon 30% less
Costing Engineer salary at Tech Mahindra ranges between ₹4.2 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Costing Engineer

1y ago
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8 years exp.
1y ago
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7 years exp.

Experience wise Tech Mahindra Costing Engineer salaries

Last Updated: 25 Nov 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
7 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.2 L/yr

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₹1.2 L/yr - ₹6.31 L/yr
Lead Engineer Salary
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₹9.65 L/yr - ₹37.68 L/yr
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₹3.55 L/yr - ₹7.2 L/yr
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₹6.4 L/yr - ₹18 L/yr
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₹1.8 L/yr - ₹9.24 L/yr

Top skills at Tech Mahindra for Costing Engineer

Cost Estimation Costing Product Engineering Product Design Cost Reduction Cost Reduction Performance Testing Cost Accounting Functional Analysis Cost Analysis Mechanical Design Competitive Intelligence Manufacturing Process Mechanical Engineering Material Science

Salary related reviews for Tech Mahindra

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 05 Mar 2025

2.0
 for  Salary and Benefits

Likes

You can work on different roles from top to bottom like from solution architect, coe,business analyst to system administrator hardware engineer.

read more

Dislikes

...ategory. No onsite opportunity but at the time of joining they ask for passport. Hike is nominal if you get 5rating then you will be promoted but don't think about increase in salary. False commitment

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 10 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...t location or different city. If u raise concern they treat u like daily wagers. No hike in salary no worklife balance

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 09 Feb 2025

2.0
 for  Salary and Benefits

Likes

1)Good greenary campus 2)Caffeteria food is better than other companies 3) Following hybrid model

Dislikes

... in attitude. 3) Not much exposure to latest technologies,process and standards. If you are very lucky then you might good project 4) minimal salary hike 5) Organization hierarchy is not impressive. Roles of associates not wel l defined

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 05 Feb 2025

4.0
 for  Salary and Benefits

Likes

Before 2019 I felt everything ok. But, in recent times nothing to share which felt ok except If you are working you will get Salary on time.

read more
  • Salary - Good

Dislikes

Bench period seems to be dangerous. If somebody is on bench then start Looking for job in another Company. Please don't trust you will get project once released. May be its a challanging time for tech m.

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing yet, May be if you want to relax, this is better, as they won't have any challenging work. All you can do is work for you ticket for some time and finish it off. The time spent on the office work will be really less.

read more

Dislikes

...r junior. Shouting, screaming and blame shift is very normal in day to day life. * Seniors will behave in a way they own you, they have bought you for that cheap salary they provide. * Office politics is very concerning. One who has not been in this type of culture will start to hate everything about the culture.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Tech Mahindra Costing Engineer Salary FAQs

What is the salary of Costing Engineer at Tech Mahindra ?
The average salary of a Costing Engineer at Tech Mahindra in India typically ranges from ₹4.2 Lakhs to ₹11.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Costing Engineer at Tech Mahindra earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Costing Engineer Salaries at Tech Mahindra 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 Tech Mahindra employees in India.
What is the estimated take home salary of a Costing Engineer at Tech Mahindra in India?
The estimated take-home salary of a Costing Engineer at Tech Mahindra in India typically ranges from ₹60,993 to ₹62,538 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Costing Engineer at Tech Mahindra ?
To be a Costing Engineer at Tech Mahindra in india, the key skills required include:

  • - Cost Estimation
  • - Costing
  • - Product Engineering
  • - Product Design
  • - Cost Reduction

These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Tech Mahindra for Costing Engineer in India?
Mercedes-Benz Research and Development India ₹10.3 Lakhs to ₹13.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tech Mahindra, depending on the role and experience level.
What is the salary of a Costing Engineer in companies similar to Tech Mahindra in India?
The salary of a Costing Engineer at companies similar to Tech Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Technology Services ₹7.0 Lakhs to ₹7.8 Lakhs per year
HCL Group ₹4.3 Lakhs to ₹10.5 Lakhs per year
TCS ₹5.3 Lakhs to ₹5.9 Lakhs per year
HCLTech ₹3.0 Lakhs to ₹6.7 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 Costing Engineer at Tech Mahindra in India?
The salary growth for a Costing Engineer at Tech Mahindra depends on factors such as experience, performance, and promotions. On average, a Costing Engineer can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
Fresher ₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
7 years ₹6.8 Lakhs to ₹8.6 Lakhs per year
8 years ₹10.4 Lakhs to ₹13.2 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Costing Engineer salary in India ranges between ₹4.2 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Tech Mahindra latest salaries received from various employees of Tech Mahindra.