Acey Engineering Tool Design Engineer Salaries by 4 Employees

2 - 5 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Tool Design Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Design Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development Tool Design Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr

Last Updated: 12 Sep 2023

Companies similar to Acey Engineering for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 72% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 18% less
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Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 85% more
Lakshmi Machine Works Tool Design Engineer Salary 4 - 9 years exp. (8 salaries)	₹5 L/yr - ₹6.6 L/yr 113% more
Hindustan Aeronautics Tool Design Engineer Salary 0 - 3 years exp. (8 salaries)	₹0.6 L/yr - ₹2.5 L/yr 44% less

Tool Design Engineer salary at Acey Engineering ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Acey Engineering.

Experience wise Acey Engineering Tool Design Engineer salaries

Last Updated: 12 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Acey Engineering

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Junior Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Acey Engineering Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Acey Engineering ?

The average salary of a Tool Design Engineer at Acey Engineering in India typically ranges from ₹2.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Tool Design Engineer at Acey Engineering earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Tool Design Engineer Salaries at Acey Engineering 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 4 Acey Engineering employees in India.

What is the estimated take home salary of a Tool Design Engineer at Acey Engineering in India?

The estimated take-home salary of a Tool Design Engineer at Acey Engineering in India typically ranges from ₹19,289 to ₹20,963 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Acey Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Acey Engineering for Tool Design Engineer in India?

Lakshmi Machine Works	₹5.0 Lakhs to ₹6.6 Lakhs per year
Lucas-TVS	₹4.0 Lakhs to ₹6.5 Lakhs per year
Tata Advanced Systems	₹3.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Acey Engineering, depending on the role and experience level.

What is the salary of a Tool Design Engineer in companies similar to Acey Engineering in India?

The salary of a Tool Design Engineer at companies similar to Acey Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Brakes India	₹1.1 Lakhs to ₹6.2 Lakhs per year
Hindustan Aeronautics	₹0.6 Lakhs to ₹2.5 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 Tool Design Engineer at Acey Engineering in India?

The salary growth for a Tool Design Engineer at Acey Engineering depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Acey Engineering:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Acey Engineering Tool Design Engineer Salaries

Acey Engineering Tool Design Engineer salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Acey Engineering latest salaries received from various employees of Acey Engineering.