Average Cost Engineer with Microsoft Excel Skills Salary in India
The average annual salary of Cost Engineer is ₹7,43,042.00
The starting salary of Cost Engineer is between ₹2,03,992.00 and ₹2,39,990.00 whereas the maximum salary range is between ₹21,00,000.00 and ₹24,15,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹2,03,992.00 | ₹24,15,000.00 |
Cost Engineer Salary Comparison by Gender
This pie chart demonstrates the gender share for Cost Engineer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Cost Engineer compared to female. Their involvement is 86% while of female is only 14%.
Salary Distribution Based on Years of Experience
The line graph shows Cost Engineer salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Cost Engineer having experience between 1-4 years, their salary is around ₹4,24,386.00.
Once the experience reaches 5-9 years Cost Engineer salary would increase again to a total of ₹9,30,160.00, adding ₹5,05,774.00 from the last salary increase.
Prominent Skills Affecting Cost Engineer Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Cost Engineer's salary. It clearly highlights the skills needed for a post of Cost Engineer when hired by an employer.
The most vital skill expected of Cost Engineer is Construction Estimating which impacts the most than the rest of the skills indicated with a staggering 55% comparatively. Therefore, one’s salary would greatly depend on their skills in Construction Estimating.
The skill least likely to affect one’s pay would be Cost Accounting with 25%. It can be said that Cost Accounting skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Cost Engineer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is ₹4,30,964.00 whereas the highest earning is ₹9,65,955.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of ₹9,65,955.00 at 30%. So to summerize, Early Career earns 42% less than the average salary, Mid Carrer earns 30% more than the average salary.
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