TK Elevator Diploma Mechanical Engineer Salaries by 6 Employees

1 - 11 years exp.

₹1.9 Lakh - ₹4.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% more than the average Diploma Mechanical Engineer Salary in Engineering & Construction Companies for 1 - 11 years of experience

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Last Updated: 14 Nov 2023

Companies similar to TK Elevator for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Diploma Mechanical Engineer Salary 1 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹4.2 L/yr 28% less
Bosch Diploma Mechanical Engineer Salary 1 - 6 years exp. (32 salaries)	₹1.4 L/yr - ₹3.5 L/yr 21% less
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Timken Diploma Mechanical Engineer Salary 1 - 10 years exp. (11 salaries)	₹1.8 L/yr - ₹5.1 L/yr 6% less
Caterpillar Inc Diploma Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹1.7 L/yr - ₹2.5 L/yr 38% less
EMERSON PROCESS MANAGEMENT Diploma Mechanical Engineer Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2.1 L/yr 59% less
VVDN Technologies Diploma Mechanical Engineer Salary 0 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2.5 L/yr 44% less
Toyota Diploma Mechanical Engineer Salary 1 - 2 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 28% less
MAHLE ANAND Filter Systems Diploma Mechanical Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹3.8 L/yr 3% less
TE Connectivity Diploma Mechanical Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹4.8 L/yr 19% less
Sulzer Diploma Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.5 L/yr 41% less
The Ramco Cements Diploma Mechanical Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 41% less
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Flowserve Diploma Mechanical Engineer Salary 4 - 13 years exp. (3 salaries)	₹4.8 L/yr - ₹7.3 L/yr 66% more

Diploma Mechanical Engineer salary at TK Elevator ranges between ₹1.9 Lakh to ₹4.9 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 6 latest salaries received from various employees of TK Elevator.

Experience wise TK Elevator Diploma Mechanical Engineer salaries

Last Updated: 14 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹4.9 L/yr

View all

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Salary related reviews for TK Elevator

4.0

Rated by 1 employees for salary & benefits

Junior Engineer in Pune

Research & Development Department

4.0

• posted on 09 Jun 2021

4.0

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 - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Senior Engineer in Noida

Production, Manufacturing & Engineering Department

4.0

• posted on 16 Sep 2017

3.0

for Salary and Benefits

Likes

...enKrupp, Work-life balance isn't quite good but the teamwork is appreciable. Salary and appraisals are dependent upon hardwork and extra time given to the company. To learn technical aspects, thyssenKrupp is a perfect platform. Work environment is good and career growth is a resultant of hardwork and ethics.

Skill development - Excellent

+2 more

Dislikes

Only the work-life balancing is not good other things are best in every aspect, also travel/tour or fun trips are not involved within the worklife to refresh minds.

Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Feb 2025

3.0

for Salary and Benefits

Likes

Good Company to work. Good for elevator skill Development. Great work life balance.

Skill development - Good

+4 more

Dislikes

Promotion and salary increments is bit issue. Lack of system oriented and more of people oriented organization. Lot of manual work.

Customer Service Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 16 Oct 2023

2.0

for Salary and Benefits

Likes

Except for ON-Time Salary credit, there is Not even Single thing to like about working here,

Dislikes

De- Promotion of employees, To remove employees by Targetting them by issuing Citation, Worst Management in Decision Making, Higher Authority Management people fraud activities in Conveyances, Leaves, Materials, Projects etc, NO Proper Email Response from Bangalore HR, Employees do not have the right to send an email to HR,

Salary - Poor

+6 more

Project Manager in Pune

Full Time

Project & Program Management Department

4.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

Work life balance,opputunity to learn new technology, Can make own decisions with minimum interface of management ,

Skill development - Good

+4 more

Dislikes

...growth opportunities , In hand salary comes less as compare to other companies .part of the Package goes in performance incentive and you get 100 percent if your and company performance is good.

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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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TK Elevator Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at TK Elevator ?

The average salary of a Diploma Mechanical Engineer at TK Elevator in India typically ranges from ₹1.9 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Diploma Mechanical Engineer at TK Elevator earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Diploma Mechanical Engineer Salaries at TK Elevator 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 6 TK Elevator employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at TK Elevator in India?

The estimated take-home salary of a Diploma Mechanical Engineer at TK Elevator in India typically ranges from ₹24,632 to ₹26,076 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 1 year to 11 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 6 salaries received from various employees of TK Elevator. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TK Elevator for Diploma Mechanical Engineer in India?

Flowserve

₹4.8 Lakhs to ₹7.3 Lakhs per year

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

What is the salary of a Diploma Mechanical Engineer in companies similar to TK Elevator in India?

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

MAHLE ANAND Filter Systems	₹2.7 Lakhs to ₹3.8 Lakhs per year
Timken	₹1.8 Lakhs to ₹5.1 Lakhs per year
TE Connectivity	₹1.8 Lakhs to ₹4.8 Lakhs per year
Bosch	₹1.4 Lakhs to ₹3.5 Lakhs per year
Toyota	₹2.0 Lakhs to ₹3.5 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 Diploma Mechanical Engineer at TK Elevator in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹1.9 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.2 Lakhs to ₹4.8 Lakhs per year

and so on.

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TK Elevator Diploma Mechanical Engineer Salaries

TK Elevator Diploma Mechanical Engineer salary in India ranges between ₹1.9 Lakh to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 TK Elevator latest salaries received from various employees of TK Elevator.