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ZF Steering Gear Mechanical Engineer salaries in Indore

Annual salary range
0 - 3 years exp.
₹1.3 Lakh - ₹3.5 Lakhs
Salary of majority employees
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47% less than the average Mechanical Engineer Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Mechanical Engineer Salary
0 - 3 years exp. (5 salaries)
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₹1.3 L/yr - ₹3.5 L/yr

Engineering - Hardware & Networks
Mechanical Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Last Updated: 10 Dec 2024

Companies similar to ZF Steering Gear for Mechanical Engineer in Indore

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ZF Steering Gear Mechanical Engineer Salary

0 - 3 years exp. (7 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Force Motors Mechanical Engineer Salary

1 - 12 years exp. (31 salaries)

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₹2 L/yr - ₹5.8 L/yr

arrow icon 75% more
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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 156% more
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L&T Construction Mechanical Engineer Salary

2 - 7 years exp. (14 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 195% more
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Dilip Buildcon Mechanical Engineer Salary

3 - 8 years exp. (10 salaries)

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₹3.8 L/yr - ₹6 L/yr

arrow icon 93% more
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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 24% more
Mechanical Engineer salary at ZF Steering Gear ranges between ₹1.3 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of ZF Steering Gear.

Latest annual salaries shared by ZF Steering Gear Mechanical Engineer in Indore

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3 years exp.
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Experience wise ZF Steering Gear Mechanical Engineer salaries in Indore

Last Updated: 10 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in ZF Steering Gear

Senior Engineer Salary
(18 salaries)
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₹7.65 L/yr - ₹11.68 L/yr
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₹1.45 L/yr - ₹2.64 L/yr
Junior Engineer Salary
(10 salaries)
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₹1.82 L/yr - ₹3.4 L/yr
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₹1.15 L/yr - ₹3 L/yr

Salary related reviews for ZF Steering Gear

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 31 Jan 2025

1.0
 for  Salary and Benefits

Likes

Team is good

Dislikes

1.There is no growth at all. 2️⃣ No promotions, no salary hike. 3️⃣ The first issue is that our division's management is not good. 4️⃣ They are interfering in our personal lives too, not just work. 5️⃣ There is no freedom at all. 6️⃣ Micro-management is too mu

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Media Production & Entertainment Department

2.0
  •  posted on 04 Oct 2024

1.0
 for  Salary and Benefits

Likes

I joined this company initially. Then they gave us training for four days. Exams were conducted on whatever was taught in the training.Skill development improved greatly due to training and physical work.

read more
  • Job security - Good
  • +1 more

Dislikes

As per the interview, the nature of the work was different in the company. The salary was very low for the work. There is no match between the job designation and the work there. One has to work standing for eight hours.No chance of sitting

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 26 Jul 2023

4.0
 for  Salary and Benefits

Likes

Work culture is good, self skill development with working, salary packages are good as par experience.

read more
  • Salary - Good
  • +6 more

Dislikes

No further growth opportunity, You have to handle all your work related activity , more work burdon.

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 06 Jul 2023

5.0
 for  Salary and Benefits

Likes

Market standard salary, good benefits such as helath insurance will be provided to the parents without any extra amount. OSS domain is in boom and good job security.

read more
  • Salary - Excellent
  • +2 more

Dislikes

Work life balance, promotions, HR related things. Poor VPN network, very difficult to do WFH if they provide option also.

read more
  • Work-life balance - Bad

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 16 Feb 2023

1.0
 for  Salary and Benefits

Likes

The company is very good. I really like its technology environment. All the things rule, regulations, discipline and also its fooding facility is good.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Company environment is good. But in the salary part, there is big fraud between HR NITIN AND CONTRACTOR ABHIJEET(Perfect contract) . They are the big fraud in this company. They know only how to earn money without doing any work. Shame on them. These types of people ruined the company reputation. These people only know how to eat the salary of the workers.

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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ZF Steering Gear Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at ZF Steering Gear in Indore?
The average salary of a Mechanical Engineer at ZF Steering Gear in Indore typically ranges from ₹1.3 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Mechanical Engineer in Indore at ZF Steering Gear earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Mechanical Engineer Salaries at ZF Steering Gear 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 ZF Steering Gear employees in India.
What is the estimated take home salary of a Mechanical Engineer at ZF Steering Gear in Indore?
The estimated take-home salary of a Mechanical Engineer at ZF Steering Gear in Indore typically ranges from ₹16,533 to ₹18,234 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 ZF Steering Gear. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ZF Steering Gear for Mechanical Engineer in India?
L&T Construction ₹3.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited ₹1.8 Lakhs to ₹9.5 Lakhs per year
Dilip Buildcon ₹3.8 Lakhs to ₹6.0 Lakhs per year
Force Motors ₹2.0 Lakhs to ₹5.8 Lakhs per year
VE Commercial Vehicles ₹2.1 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ZF Steering Gear, depending on the role and experience level.
How the salary growth look like for a Mechanical Engineer at ZF Steering Gear in Indore?
The salary growth for a Mechanical Engineer at ZF Steering Gear in Indore depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Indore can expect the following growth trajectory at ZF Steering Gear:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹2.5 Lakhs per year
1 year ₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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ZF Steering Gear Mechanical Engineer salary in Indore ranges between ₹1.3 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 ZF Steering Gear latest salaries received from various employees of ZF Steering Gear.