Thyssenkrupp Industrial Solutions Design Engineer Salaries by 7 Employees

1 - 6 years exp.

₹3.5 Lakhs - ₹4.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Design Engineer Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Last Updated: 15 Mar 2023

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Design Engineer salary at Thyssenkrupp Industrial Solutions ranges between ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Thyssenkrupp Industrial Solutions.

Experience wise Thyssenkrupp Industrial Solutions Design Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.3 L/yr
2 years (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr

View all

Salary related reviews for Thyssenkrupp Industrial Solutions

2.8

Rated by 3 employees for salary & benefits

Design Engineer in Mumbai

Research & Development Department

2.0

• posted on 06 Sep 2019

1.0

for Salary and Benefits

Likes

Absolutely nothing just job security and work life balance.

Job security - Good

+2 more

Dislikes

Pay are far too less for surviving in a city like Mumbai. Moreover an HR are non cooperative and they talk nonsense. They have bond policy for even a 7 day visit outside India, moreover they are ruining the career of the Graduate Trainee by binding them for 4 years of bond. I would say keep this job as the last resort.

Salary - Bad

+3 more

Design Engineer in Pune

Energy & Mining Department

2.0

• posted on 27 Aug 2018

2.0

for Salary and Benefits

Likes

Only team mates, and not anything else. The name is prominent in Industry that's all.

Dislikes

Less pay, zero growth opportunities for GETs and still being treated like kids. They sign bond for 4 years and let people sit idle to serve the bond. Terrible and horrible work life balance. Salary reduction and that too when you work for 10 hours a day. No overtime and too much intrusion in one's personal life from Boss.

Salary - Poor

+5 more

Deputy General Manager in Mumbai

Full Time

Other Department

5.0

• posted on 26 May 2024

3.0

for Salary and Benefits

Likes

Systematic approach in work, work life balance, salary on time

Skill development - Excellent

+5 more

Dislikes

Politics, Top management is content with their own growth and doesn't think much about people down below, Incapable in ensuring profitability in execution of EPC projects

Assistant Manager OSH&E in Panipat

Contractual

Environment Health & Safety Department

4.0

• posted on 21 Jun 2024

5.0

for Salary and Benefits

Likes

Salary is on time every month and work life balance no issues.

Salary - Excellent

+4 more

Dislikes

Company culture and others facility is excellent but towords the downside that means construction projects sites depends on site management and its very site to site.

Executive Engineer - Mechanical QA-QC in Vadodara

Contractual

Engineering - Software & QA Department

3.0

• posted on 04 Feb 2024

4.0

for Salary and Benefits

Likes

Salary and remunerations are good and timely. Leave policy is also nice.

Salary - Good

Dislikes

Job security is very less and volatile. Treated contractual staff differently as compared with permanent one. And they are waiting for employee to resign to make them permanent if their performance is good and at par with the company standards.

Job security - Bad

+2 more

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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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Thyssenkrupp Industrial Solutions Design Engineer Salary FAQs

What is the salary of Design Engineer at Thyssenkrupp Industrial Solutions ?

The average salary of a Design Engineer at Thyssenkrupp Industrial Solutions in India typically ranges from ₹3.5 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Design Engineer at Thyssenkrupp Industrial Solutions earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Design Engineer Salaries at Thyssenkrupp Industrial Solutions 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 7 Thyssenkrupp Industrial Solutions employees in India.

What is the estimated take home salary of a Design Engineer at Thyssenkrupp Industrial Solutions in India?

The estimated take-home salary of a Design Engineer at Thyssenkrupp Industrial Solutions in India typically ranges from ₹32,305 to ₹33,585 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 1 year 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 7 salaries received from various employees of Thyssenkrupp Industrial Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Thyssenkrupp Industrial Solutions for Design Engineer in India?

Caterpillar Inc	₹9.3 Lakhs to ₹20.5 Lakhs per year
GE Transportation	₹8.5 Lakhs to ₹15.5 Lakhs per year
John Deere	₹4.0 Lakhs to ₹15.1 Lakhs per year
Alfa Laval	₹3.6 Lakhs to ₹12.0 Lakhs per year
Schindler Group	₹7.5 Lakhs to ₹9.8 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Thyssenkrupp Industrial Solutions in India?

The salary of a Design Engineer at companies similar to Thyssenkrupp Industrial Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Stanley Black & Decker	₹5.0 Lakhs to ₹11.6 Lakhs per year
Danfoss Industries	₹4.5 Lakhs to ₹14.6 Lakhs per year
Hilti	₹4.6 Lakhs to ₹9.0 Lakhs per year
Atlas Copco	₹2.4 Lakhs to ₹12.0 Lakhs per year
Konecranes	₹3.0 Lakhs to ₹10.0 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 Design Engineer at Thyssenkrupp Industrial Solutions in India?

The salary growth for a Design Engineer at Thyssenkrupp Industrial Solutions depends on factors such as experience, performance, and promotions. On average, a Design Engineer can expect the following growth trajectory at Thyssenkrupp Industrial Solutions:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.6 Lakhs per year
3 years	₹1.7 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Thyssenkrupp Industrial Solutions Design Engineer Salaries

Thyssenkrupp Industrial Solutions Design Engineer salary in India ranges between ₹3.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Thyssenkrupp Industrial Solutions latest salaries received from various employees of Thyssenkrupp Industrial Solutions.