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Search Salaries > Mechanical Design Engineer > Chennai
Job Description
How much does a Mechanical Design Engineer in Chennai ?

The base salary for a Mechanical Design Engineer in Chennai is 462,200
Also known as: Machine design engineer, CAD Engineer, Computer-Aided Design Engineer.

462,200

Median Base Salary (Percentile 50)
518 observations
(Updated: 29 Jan 2024)

Confidence

Excellent

Avg. Bonus per year

Of avg. Stock options

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Salary Table

A Mechanical Design Engineer earns register to see pay in Chennai, but the base salary ...

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Level Below median
(25th percentile)		 Market median
(50th percentile)		 Above median
(75th percentile)		 Top Competitive
(90th percentile)
Junior 60000 60000 60000 60000
Mid 60000 60000 60000 60000
Senior 60000 60000 60000 60000
Lead 60000 60000 60000 60000
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Bonus & Stock options

This position usually comes with bonuses and the possibility of accessing stock options. Both must be added to ...

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Level Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000
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Experience Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000

Supply and demand

Highly supplied position in a highly demanded market
Supply | (<100 professionals)
Demand | (<100 job offers)

Gender gap

Unbalanced

Male

78%

Female

22%

Benefits

There are statutory benefits associated with a Mechanical Design Engineer in Chennai according to ...

Most Common Benefits

Competitive advantages associated with a Mechanical Design Engineer in Chennai
Health Insurance | 45309€ annual
Health insurance is a critical benefit that provides employees with financial protection against medical expenses. Companies in India often offer comprehensive health insurance plans covering hospitalization, surgeries, and sometimes outpatient treatments. This benefit ensures employees can access necessary healthcare without financial strain, enhancing their overall well-being and job satisfaction.
Relocation Package | 181236€ one-time
A relocation package is a valuable benefit for employees moving to a new city or country for work. It typically covers moving expenses, temporary housing, and sometimes assistance with finding permanent accommodation. This support eases the transition for employees, allowing them to focus on their new role without the added stress of relocation logistics.
Professional Development | 18124€ annual
Professional development opportunities are highly valued in India as they enable employees to enhance their skills and advance their careers. Companies may offer workshops, training sessions, and courses to help employees stay updated with industry trends and technologies. This investment in employee growth not only boosts morale but also increases productivity and retention rates.
Cutting Edge Technology | 90618€ annual
Access to cutting-edge technology is a significant advantage for employees, allowing them to work more efficiently and effectively. Companies that provide the latest tools and software not only enhance productivity but also attract top talent eager to work with the most advanced resources. This commitment to technology fosters innovation and keeps the company competitive in the market.

Side Benefits to attract & retain talent

Additional perks for a Mechanical Design Engineer in Chennai
Work-Life Balance
Work From Home
Flexible Working Hours
Food
Paid Leave

Statutory Benefits

Mandatory benefits in Chennai
The minimum wage in India is set by the government to ensure that workers receive a basic standard of living. It varies by state and sector, reflecting the cost of living and economic conditions in different regions. Employers are legally required to pay at least the minimum wage to their employees, which is periodically reviewed and adjusted.
In some sectors in India, it is customary to provide an additional month’s salary as a bonus, often referred to as the 14th month salary. This is not a statutory requirement across all industries, but it serves as an incentive and reward for employees, especially in sectors with high competition for talent.
Under the Payment of Bonus Act, 1965, employees in India are entitled to receive an annual bonus. This bonus is calculated based on the employee’s salary and the company’s profits, serving as a reward for the employee’s contributions to the organization’s success.
The Employee State Insurance (ESI) scheme provides medical, cash, maternity, disability, and dependent benefits to employees earning below a certain threshold. Both employers and employees contribute to this scheme, which ensures access to healthcare and financial protection in case of sickness, injury, or maternity.
Gratuity is a statutory benefit paid to employees who have completed a minimum of five years of continuous service with an employer. It is a lump sum payment made at the time of retirement or resignation, calculated based on the employee’s last drawn salary and years of service.
The Provident Fund is a mandatory retirement savings scheme for employees in India. Both employers and employees contribute a fixed percentage of the employee’s salary to the fund. It serves as a long-term savings plan that provides financial security to employees after retirement or upon cessation of employment.
The Maternity Benefit Act in India entitles female employees to maternity leave with full pay. This leave is designed to support women during pregnancy and after childbirth, ensuring their health and well-being. The law mandates a minimum period of leave, which can be extended under certain conditions.

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