Xyz Company Mechanical Technician Salaries by 4 Employees

0 - 17 years exp.

₹8 Lakhs - ₹35 Lakhs

Low Confidence

Salary of majority employees

432% more than the average Mechanical Technician Salary in Financial Services Companies for 0 - 17 years of experience

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Last Updated: 18 Nov 2023

Companies similar to Xyz Company for Mechanical Technician

Company name	Avg Annual Salary	Open Jobs
Aarti Industries Mechanical Technician Salary 4 - 11 years exp. (120 salaries)	₹2 L/yr - ₹4.5 L/yr 84% less
SRF Mechanical Technician Salary 3 - 12 years exp. (96 salaries)	₹2.6 L/yr - ₹6.2 L/yr 79% less
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Tata Steel Mechanical Technician Salary 1 - 13 years exp. (66 salaries)	₹1.7 L/yr - ₹5 L/yr 84% less
Maruti Suzuki Mechanical Technician Salary 1 - 6 years exp. (66 salaries)	₹1 L/yr - ₹5 L/yr 88% less
Tata Motors Mechanical Technician Salary 1 - 7 years exp. (62 salaries)	₹1 L/yr - ₹4.5 L/yr 89% less

Mechanical Technician salary at Xyz Company ranges between ₹8 Lakhs to ₹35 Lakhs per year for employees with less than 1 year of experience to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Xyz Company.

Experience wise Xyz Company Mechanical Technician salaries

Last Updated: 18 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
1 year (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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13 years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
15+ years (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr

Similar Designation salaries in Xyz Company

Electrical Technician Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.9 L/yr

Senior Technician Salary

(18 salaries)

₹9.84 L/yr - ₹41.5 L/yr

Mechanical Engineer Salary

(17 salaries)

₹1.8 L/yr - ₹10.16 L/yr

Hvac Technician Salary

(AmbitionBox Estimate)

₹35.6 L/yr - ₹45.5 L/yr

Technical Assistant Salary

(4 salaries)

₹3.05 L/yr - ₹10.54 L/yr

Technician Salary

(62 salaries)

₹10.65 L/yr - ₹40.8 L/yr

ITI Electrician Salary

(AmbitionBox Estimate)

₹37.4 L/yr - ₹47.7 L/yr

Electrician Salary

(3 salaries)

₹2.76 L/yr - ₹4.2 L/yr

Instrumentation Technician Salary

(3 salaries)

₹19 L/yr - ₹50 L/yr

Electrical Engineer Salary

(11 salaries)

₹2.5 L/yr - ₹7 L/yr

Salary related reviews for Xyz Company

Junior Works Manager in Karimnagar

Financial Department

5.0

• posted on 04 Jul 2022

5.0

for Salary and Benefits

Likes

...afeteria and gaming arcade for chilling company policies are good appraisal are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow threre is a bond of 2 years before which you cannot resign on the job training is not given to new joinees

Financial Service Consultant in New Delhi

Financial Services Department

4.0

• posted on 25 Nov 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

Analyst in Mumbai Suburban

Data Science & Analytics Department

5.0

• posted on 21 Sep 2021

5.0

for Salary and Benefits

Likes

High job security,great work culture,great management,employee friendly company policies and great learning and growing opportunities

Salary - Excellent

+6 more

Dislikes

Compensation is decent,but growth is slow.The work pressure is very high.Sometimes,I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night.

Factility Management in Any

Other Department

1.0

• posted on 23 Mar 2021

5.0

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 - Excellent

+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. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Company culture - Poor

Site Supervisor in New Delhi

Other Department

3.0

• posted on 05 Apr 2021

3.0

for Salary and Benefits

Likes

Good warm environment and culture . Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Skill development - Good

+1 more

Dislikes

The management doesn'taddress our issues salary is decent but career growth is slow there is a bond of 3 years before which you con not resign on the job training is not given to new joinees

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What people are saying about Xyz Company

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techbeast

currently not working

Stuck Between Bond & Better Opportunity – Need Advice!

I'm currently working at XYZ company, which has a one-year bond and a 60-day notice period. I recently cracked an interview at ABC, and they want me to join within 15 days. If I resign, I will lose one month's salary and my deposited amount (equal to another month's salary). I can manage the money loss, but I don't want to lose my experience letter, as it's important for my next opportunity. If I tell ABC about this, I might lose the offer. How should I handle this situation with my current company?

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Xyz Company Mechanical Technician Salary FAQs

What is the salary of Mechanical Technician at Xyz Company ?

The average salary of a Mechanical Technician at Xyz Company in India typically ranges from ₹8.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from Fresher to 17 years).

The top 10% of Mechanical Technician at Xyz Company earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Mechanical Technician Salaries at Xyz Company 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 Xyz Company employees in India.

What is the estimated take home salary of a Mechanical Technician at Xyz Company in India?

The estimated take-home salary of a Mechanical Technician at Xyz Company in India typically ranges from ₹1,41,083 to ₹1,46,326 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from Fresher to 17 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 Xyz Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Mechanical Technician in companies similar to Xyz Company in India?

The salary of a Mechanical Technician at companies similar to Xyz Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SRF	₹2.6 Lakhs to ₹6.2 Lakhs per year
Aarti Industries	₹2.0 Lakhs to ₹4.5 Lakhs per year
Tata Steel	₹1.7 Lakhs to ₹5.0 Lakhs per year
Maruti Suzuki	₹1.0 Lakhs to ₹5.0 Lakhs per year
Tata Motors	₹1.0 Lakhs to ₹4.5 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 Mechanical Technician at Xyz Company in India?

The salary growth for a Mechanical Technician at Xyz Company depends on factors such as experience, performance, and promotions. On average, a Mechanical Technician can expect the following growth trajectory at Xyz Company:

Experience	Average Salary Range
Fresher	₹7.2 Lakhs to ₹9.2 Lakhs per year
1 year	₹15.3 Lakhs to ₹19.5 Lakhs per year
13 years	₹24.3 Lakhs to ₹31.0 Lakhs per year
15 years	₹31.5 Lakhs to ₹40.2 Lakhs per year

and so on.

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Xyz Company Mechanical Technician Salaries

Xyz Company Mechanical Technician salary in India ranges between ₹8 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Xyz Company latest salaries received from various employees of Xyz Company.

Xyz Company Mechanical Technician salaries in India

Companies similar to Xyz Company for Mechanical Technician

Latest annual salaries shared by Xyz Company Mechanical Technician

Experience wise Xyz Company Mechanical Technician salaries

Similar Designation salaries in Xyz Company

Salary related reviews for Xyz Company

Junior Works Manager in Karimnagar

Financial Service Consultant in New Delhi

Analyst in Mumbai Suburban

Factility Management in Any

Site Supervisor in New Delhi

Xyz Company Mechanical Technician Salary FAQs

Tell us how to improve this page.