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Ferromatik Milacron Design Engineer salaries in Coimbatore

Annual salary range
3 - 9 years exp.
₹3.8 Lakhs - ₹7.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Design Engineer Salary at Ferromatik Milacron ranges between ₹3.8 Lakhs to ₹7.7 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 6 latest salaries received from... Read more

At par with the average Design Engineer Salary in Industrial Machinery Companies for 3 - 9 years of experience

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Last Updated: 19 Jun 2024

Companies similar to Ferromatik Milacron for Design Engineer in Coimbatore

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Ferromatik Milacron Design Engineer Salary

3 - 9 years exp. (6 salaries)

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₹3.8 L/yr - ₹7.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹4 L/yr

arrow icon 34% less
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SPX Flow Technology Design Engineer Salary

5 - 6 years exp. (3 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 84% more
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Caresoft Global Design Engineer Salary

1 - 7 years exp. (239 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 17% less
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Lakshmi Machine Works Design Engineer Salary

1 - 8 years exp. (96 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 12% more
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Bradken India Design Engineer Salary

3 - 10 years exp. (82 salaries)

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₹5.5 L/yr - ₹10 L/yr

arrow icon 72% more

Ferromatik Milacron Design Engineer salaries by

Years of experience Avg. annual salary
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all salaries by experience

Similar Designation Salaries at Ferromatik Milacron

Similar Designation Avg. annual salary
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₹5.6 L/yr - ₹6 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Ferromatik Milacron

3.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Design & Development Department

1.0
  •  updated on 03 Jan 2023

2.0
 for  Salary and Benefits

Likes

Worst experience

Dislikes

...employees. If you are a resident or localized then only you can survive here. No hike, No time Promotions, Zero Learning, No facilities. Once you accept the offer and join the company thereafter no one cares about growth and development. The worst part is they offer the wrong profile to suitable candidates.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 09 Dec 2017

4.0
 for  Salary and Benefits

Likes

...ice and supportd to gali galoj. So I have to resign. Otherwise company is good. Gives good salary etc. But you have to ready listen gali galoj. And if you are against the same than HOD will create problem to you to leave the job.

read more
  • Salary - Good

Dislikes

Too much Politics. Work environment is too bad due to abusing language. Salary part is good.

  • Skill development - Poor
  • +4 more

Procurement & Supply Chain Department

5.0
  •  updated on 28 Dec 2021

4.0
 for  Salary and Benefits

Likes

Good work environment and culture. Appraisals are fair and they give good salary hike and bonus every year

read more
  • Salary - Good
  • +6 more

Dislikes

Career growth is slow. On the job training is not given to new jokiness. And i want to promote my self

Marketing & Communication Department

3.0
  •  updated on 02 Oct 2017

5.0
 for  Salary and Benefits

Likes

Good Learning experience for Freshers and Beginners. Good growth opportunities for Young and Talented.

  • Salary - Excellent
  • +1 more

Dislikes

Middle management career growth is snail slow process. For Management Employee Compensation is decent, but growth is slow. Work Pressure is high.

read more
  • Promotions - Poor

Full Time

 · 

Research & Development Department

2.0
  •  updated on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

Worst company. Coperion, Milacron, Mold Master, these all companies are part of Hillenbrand Inc group which total wort is under 2B only. Companies operating from Ahmedabad has worst culture as they only promote and support local members. In few of the departments company lacking minimum required resources and company has one of the lowest annual growth offered. Not the top leadership but the mid leadership has full of politics and the pictures they presented are not a true representation of role, responsibilities, wages, annually growth officers, and facilities.

read more
  • Job security - Good

Dislikes

Lacking professional environment and growth for employees.

  • Salary - Poor
  • +5 more
see more salary related reviews

Ferromatik Milacron Design Engineer Salary FAQs

What is the salary of Design Engineer at Ferromatik Milacron in Coimbatore?
The average salary of a Design Engineer at Ferromatik Milacron in Coimbatore typically ranges from ₹3.8 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Design Engineer in Coimbatore at Ferromatik Milacron earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Design Engineer Salaries at Ferromatik Milacron 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 6 Ferromatik Milacron employees in India.
What is the estimated take home salary of a Design Engineer at Ferromatik Milacron in Coimbatore?
The estimated take-home salary of a Design Engineer at Ferromatik Milacron in Coimbatore typically ranges from ₹38,790 to ₹39,973 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 3 years to 9 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 6 salaries received from various employees of Ferromatik Milacron. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Design Engineer at Ferromatik Milacron in Coimbatore?
To be a Design Engineer at Ferromatik Milacron in Coimbatore, the key skills required include:

  • - Hydraulic Design
  • - Piping
  • - Concept Design
  • - Creo
  • - Special Purpose Machines

These skills are highly valued at Ferromatik Milacron and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Ferromatik Milacron for Design Engineer in India?
SPX Flow Technology ₹8.0 Lakhs to ₹11.0 Lakhs per year
Bradken India ₹5.5 Lakhs to ₹10.0 Lakhs per year
Lakshmi Machine Works ₹3.5 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ferromatik Milacron, depending on the role and experience level.
What is the salary of a Design Engineer in companies similar to Ferromatik Milacron in Coimbatore?
The salary of a Design Engineer at companies similar to Ferromatik Milacron in Coimbatore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Caresoft Global ₹2.4 Lakhs to ₹7.0 Lakhs per year
The Acetech Machinery Components ₹3.0 Lakhs to ₹4.0 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 Ferromatik Milacron in Coimbatore?
The salary growth for a Design Engineer at Ferromatik Milacron in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Coimbatore can expect the following growth trajectory at Ferromatik Milacron:

Experience Average Salary Range
3 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
and so on.

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Ferromatik Milacron Design Engineer salary in Coimbatore ranges between ₹3.8 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Ferromatik Milacron latest salaries received from various employees of Ferromatik Milacron.