Industrial Production Optimization Engineer V Salary in Nagpur, IN
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How much does an Industrial Production Optimization Engineer V make in Nagpur, IN? The average Industrial Production Optimization Engineer V salary in Nagpur, IN is ₹3,553,832 as of March 18, 2021, but the range typically falls between ₹2,146,515 and ₹7,011,711. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Industrial Production Optimization Engineer V Salary
Mastering key skills can significantly increase your earning potential as an Industrial Production Optimization Engineer V. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 8% salary raise, while strong Material Handling skills boost pay by a 2%. Even Cost Analysis can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Material Handling
Material handling involves short-distance movement within the confines of a building or between a building and a transportation vehicle. It uses a wide range of manual, semi-automated, and automated equipment and includes consideration of the protection, storage, and control of materials throughout their manufacturing, warehousing, distribution, consumption, and disposal. Material handling can be used to create time and place utility through the handling, storage, and control of material, as distinct from manufacturing, which creates form utility by changing the shape, form, and makeup of material.
Cost Analysis
Examining and comparing the estimated costs and potential earnings from a situation or project to evaluate the potential revenue of the organization.
More Skills...
Based on recent job listings, in-demand skills in the Industrial Production Optimization Engineer V field include Analysis (8%), Material Handling (2%), Cost Analysis (1%), and Business Administration (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹3,838,139 |
Analysis
₹3,838,139
|
8%
|
|
| ₹3,624,909 |
Material Handling
₹3,624,909
|
2%
|
|
| ₹3,589,370 |
Cost Analysis
₹3,589,370
|
1%
|
|
| ₹3,589,370 |
Business Administration
₹3,589,370
|
1%
|
What does an Industrial Production Optimization Engineer V do?
Industrial Production Optimization Engineer V
Jundiaí, BR
Industrial engineers apply science, mathematics, and engineering methods to complex system integration and operations.
12/25/2020
Industrial Production Optimization Engineer V
Fortaleza, BR
An industrial engineer is primarily concerned with finding ways to better utilize machinery, employees, and additional assets that impact operations.
12/18/2020
Industrial Production Optimization Engineer V
João Pessoa, BR
Professional manufacturing engineers are responsible for all aspect of the design, development, implementation, operation and management of manufacturing system.
02/18/2021
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About Nagpur, India
Nagpur is located at the exact centre of the Indian subcontinent, close to the geometric center of the quadrilateral connecting the four major metros of India, viz. Chennai, Mumbai, New Delhi and Kolkata. The city has the Zero Mile Stone locating the geographical centre of India, which was used by the British to measure all distances within the Indian subcontinent.
The city lies on the Deccan plateau of the Indian subcontinent and has a mean altitude of 310.5 meters above sea level. The underlying rock strata are covered with alluvial deposits resulting from the flood plain of the Kanhan Rive...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Industrial Production Optimization Engineer V Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Industrial Production Optimization Engineer V in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Industrial Production Optimization Engineer V in Nagpur, IN
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| Job Title | Location | Salary Range in INR |
|---|---|---|
| Job Title Industrial Engineer I | Location Nagpur, IN |
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| Job Title Industrial Engineer II | Location Nagpur, IN |
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| Job Title Industrial Engineer III | Location Nagpur, IN |
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| Job Title Industrial Engineer IV | Location Nagpur, IN |
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| Job Title Industrial Engineer V | Location Nagpur, IN |
|
Understand the base salary paid range for an Industrial Production Optimization Engineer V in Nagpur, IN
Average Base Salary
Core compensation
2146515
7011711
The chart shows the base salary for Industrial Production Optimization Engineer V in Nagpur ranges from ₹2,146,515 to ₹7,011,711 with the average base salary of ₹3,553,832. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Industrial Production Optimization Engineer V may get paid difference by industry, location, and factors.
Industrial Production Optimization Engineer V Frequently Asked Questions
Can I expect to receive a higher salary for the position of Industrial Production Optimization Engineer V in Mumbai than for the same job in Nagpur in the India?
On average, an Industrial Production Optimization Engineer V, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Industrial Production Optimization Engineer V Jobs. Since Nagpur, India is an attractive place to work for many professions, Industrial Production Optimization Engineer V Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 18, 2021
salary.com
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What is the salary range for an Industrial Production Optimization Engineer V in Nagpur, India? What is the average hourly rate?
The average salary for an Industrial Production Optimization Engineer V in Nagpur, India is ₹3,553,832 per year. The salary range for an Industrial Production Optimization Engineer V is between ₹2,146,515 and ₹7,011,711. While we are seeing hourly wages as high as ₹3,371 and as low as ₹1,032, the majority of Industrial Production Optimization Engineer Vs are currently paid an average of ₹1,709 in Nagpur, India. The average salary pay range for an Industrial Production Optimization Engineer V can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Industrial Production Optimization Engineer V in Nagpur, India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering an Industrial Production Optimization Engineer V job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Industrial Production Optimization Engineer V working in Nagpur, India will receive in exchange for their job. Some common items included in the total compensation of an Industrial Production Optimization Engineer V working in the Nagpur, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Nagpur, India might also offer long-term incentives such as stock options or stock grants for Industrial Production Optimization Engineer Vs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 18, 2021
salary.com
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Last Update: March 18, 2021