Ashok Iron Group Tool Room Engineer Salaries by 3 Employees (Updated 2024)

3 - 6 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Tool Room Engineer Salary in Iron & Steel Companies for 3 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Quality Assurance Tool Room Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 29 Oct 2024

Companies similar to Ashok Iron Group for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 2 - 8 years exp. (52 salaries)	₹2.5 L/yr - ₹5.4 L/yr 61% more
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.5 L/yr 62% more
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Renata Precision Components Tool Room Engineer Salary 1 - 6 years exp. (35 salaries)	₹2 L/yr - ₹4.7 L/yr 52% more
Force Motors Tool Room Engineer Salary 1 - 8 years exp. (34 salaries)	₹1.4 L/yr - ₹8 L/yr 77% more
DEVU TOOLS Tool Room Engineer Salary 1 - 7 years exp. (34 salaries)	₹2.1 L/yr - ₹5.2 L/yr 30% more

Tool Room Engineer salary at Ashok Iron Group ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Ashok Iron Group.

Experience wise Ashok Iron Group Tool Room Engineer salaries

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Ashok Iron Group

Tool Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Tool Room Operator Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(20 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Quality Engineer Salary

(7 salaries)

₹3 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(5 salaries)

₹2.8 L/yr - ₹3.05 L/yr

Design Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹3 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹4.8 L/yr

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

CNC Programmer Salary

(AmbitionBox Estimate)

₹0.8 L/yr - ₹1 L/yr

Salary related reviews for Ashok Iron Group

Tool Room Incharge in Navage, Belagavi

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Dec 2020

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Senior Manager in Belgaum

Full Time

Marketing & Communication Department

5.0

• posted on 27 May 2024

4.0

for Salary and Benefits

Likes

Commercial decision very fast. Marketing Statergy and guidelines are very clear. System are very strong. Inter plant communication are clear. Product segment are good and capabilities of team members are very great.

Dislikes

Employees welfare can be better than what is having today as pe market standard.. Work load and accountability is high than the outside organization. Review are tough..

Mins in Udhyanbag

Other Department

1.0

• posted on 25 Jan 2022

1.0

for Salary and Benefits

Likes

Company is worst also the team is unabbresaive,unsatisfactory,no one help eachother their..company has no well discipline and behaviour of all the people is worst..employee gets target by seniors as well as seniors treat very bad with all no any plan no any rules regulation worst experience ever

Dislikes

All the team and working area too

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ashok Iron Group Tool Room Engineer Salary FAQs

What is the notice period for Tool Room Engineer at Ashok Iron Group?

According to AmbitionBox, 67% of the Ashok Iron Group Tool Room Engineers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Ashok Iron Group Tool Room Engineer Salaries

Ashok Iron Group Tool Room Engineer salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ashok Iron Group latest salaries received from various employees of Ashok Iron Group.