Victory Precisions Pune Design Engineer Salaries by 4 Employees

Last Updated: 19 Jul 2024

Companies similar to Victory Precisions for Design Engineer in Pune

Victory Precisions Design Engineer Salary

1 - 4 years exp. (4 salaries)

₹2 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Technologies Design Engineer Salary 1 - 9 years exp. (1.6k salaries)	₹3 L/yr - ₹10.2 L/yr 129% more	3 job openings
Tech Mahindra Design Engineer Salary 0 - 10 years exp. (481 salaries)	₹2.8 L/yr - ₹9.2 L/yr 90% more	1 job opening
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Expert Global Solutions Design Engineer Salary 1 - 8 years exp. (344 salaries)	₹2 L/yr - ₹8.8 L/yr 81% more
Onward Technologies Inc Design Engineer Salary 1 - 7 years exp. (315 salaries)	₹2.2 L/yr - ₹9.3 L/yr 72% more	5 job openings
Cummins Design Engineer Salary 1 - 7 years exp. (306 salaries)	₹2.1 L/yr - ₹9.3 L/yr 61% more

Design Engineer salary at Victory Precisions ranges between ₹2 Lakhs to ₹4.2 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 Victory Precisions.

Experience wise Victory Precisions Design Engineer salaries in Pune

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

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Salary related reviews for Victory Precisions

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3.0

for Salary and Benefits

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Company care about this pandemic as in payment as well in health service, about Covid19 company drew an insurance for all people so that making handshake with hospitals charges, also arrange the hospitality service for employees who came in lockdown

Job security - Excellent

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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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Victory Precisions Design Engineer Salary FAQs

What is the salary of Design Engineer at Victory Precisions in Pune?

The average salary of a Design Engineer at Victory Precisions in Pune typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design Engineer in Pune at Victory Precisions earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Design Engineer Salaries at Victory Precisions 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 Victory Precisions employees in India.

What is the estimated take home salary of a Design Engineer at Victory Precisions in Pune?

The estimated take-home salary of a Design Engineer at Victory Precisions in Pune typically ranges from ₹21,297 to ₹22,941 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 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 Victory Precisions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Victory Precisions for Design Engineer in India?

Tata Technologies	₹3.0 Lakhs to ₹10.2 Lakhs per year
Tech Mahindra	₹2.8 Lakhs to ₹9.2 Lakhs per year
Expert Global Solutions	₹2.0 Lakhs to ₹8.8 Lakhs per year
Onward Technologies Inc	₹2.2 Lakhs to ₹9.3 Lakhs per year
Cummins	₹2.1 Lakhs to ₹9.3 Lakhs per year

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

How the salary growth look like for a Design Engineer at Victory Precisions in Pune?

The salary growth for a Design Engineer at Victory Precisions in Pune depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Pune can expect the following growth trajectory at Victory Precisions:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Victory Precisions Design Engineer Salaries in Pune

Victory Precisions Design Engineer salary in Pune ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Victory Precisions latest salaries received from various employees of Victory Precisions.