Volvo Construction Equipment Lead Mechanical Engineer Salaries by 3 Employees (Updated 2024)

14 - 16 years exp.

₹21 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

73% more than the average Lead Mechanical Engineer Salary in Industrial Machinery Companies for 14 - 16 years of experience

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Last Updated: 25 Dec 2023

Companies similar to Volvo Construction Equipment for Lead Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Lead Mechanical Engineer Salary 12 - 16 years exp. (6 salaries)	₹9.5 L/yr - ₹14 L/yr 49% less
TK Elevator Lead Mechanical Engineer Salary 3 - 10 years exp. (11 salaries)	₹4.2 L/yr - ₹5.9 L/yr 77% less
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Danfoss Industries Lead Mechanical Engineer Salary 9 - 13 years exp. (4 salaries)	₹9.8 L/yr - ₹15.2 L/yr 43% less
TKIL Lead Mechanical Engineer Salary 6 - 11 years exp. (78 salaries)	₹4.1 L/yr - ₹8.4 L/yr 71% less
HCLTech Lead Mechanical Engineer Salary 3 - 10 years exp. (55 salaries)	₹3.5 L/yr - ₹12 L/yr 67% less

Lead Mechanical Engineer salary at Volvo Construction Equipment ranges between ₹21 Lakhs to ₹24 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Volvo Construction Equipment.

Experience wise Volvo Construction Equipment Lead Mechanical Engineer salaries

Last Updated: 25 Dec 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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15+ years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr

Similar Designation salaries in Volvo Construction Equipment

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₹2.7 L/yr - ₹3.5 L/yr

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₹2 L/yr - ₹5 L/yr

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Salary related reviews for Volvo Construction Equipment

Service Engineer in Jaipur

Full Time

Construction & Site Engineering Department

3.0

• posted on 04 Nov 2022

2.0

for Salary and Benefits

Likes

A family environment, How to work on field, how to satisfie customer to you work, customer relations and many more things i have learnt to this organization.

Dislikes

Support, Security, timing, salary, job role, work are not according to your designation, incentives not provided, not for future/long time job.

Manager in Bangalore / Bengaluru

Technology Department

4.0

• posted on 01 Sep 2017

4.0

for Salary and Benefits

Likes

...wth if u can have the right connections and if you are not in Agile methodology. Volvo CE is not a paymaster. They just pay enough. But what they compensate is a great work culture and a super work life balance. One of the best companies to work in.

Dislikes

Top management does not have much confidence in their decisions. Hence keeps on playing with the organisation structure, which has huge effect on the working level downstream with people losing their job every year.

Service Engineer in Jaipur

Full Time

Construction & Site Engineering Department

2.0

• posted on 25 Jun 2023

1.0

for Salary and Benefits

Likes

Volvo CE is good company but if you're working at dealership you will definitely disappointed with your job. *You can't find any support and suggestions with your work . *You will find here very deep and high level politics. I can't describe more because of words are less

Dislikes

Too much things are but if you work with on role then it's such a nice job but dealership will be my last option. *Politics *salary *timing and management *no extra benefits *no financially support *no leaves *treating like animal

Fitter Engineer in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 31 Oct 2023

4.0

for Salary and Benefits

Likes

I feel very good to work in Volvo construction Equipment...

Dislikes

My dislikes are nothing but the employees will put the whole work on trainee and ATS student then they will go here and there for no reason...

Team Lead in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 08 Jul 2023

3.0

for Salary and Benefits

Likes

Job security Calm place to work without much career ambitions

Dislikes

Working on old technologies in BLR They are more interested in getting mentainance and low grade work descarded by Sweden No growth for technical people. Stagnant roles and teams over the years.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Volvo Construction Equipment Lead Mechanical Engineer Salary FAQs

What is the notice period for Lead Mechanical Engineer at Volvo Construction Equipment?

According to AmbitionBox, 100% of the Volvo Construction Equipment Lead Mechanical Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Volvo Construction Equipment Lead Mechanical Engineer Salaries

Volvo Construction Equipment Lead Mechanical Engineer salary in India ranges between ₹21 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Volvo Construction Equipment latest salaries received from various employees of Volvo Construction Equipment.