Balaji Machine Tools CNC Setter Salaries by 4 Employees

7 - 10 years exp.

₹2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average CNC Setter Salary in Industrial Machinery Companies for 7 - 10 years of experience

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Last Updated: 23 May 2024

Companies similar to Balaji Machine Tools for CNC Setter

Company name	Avg Annual Salary	Open Jobs
Rabwin Industries CNC Setter Salary 2 - 10 years exp. (10 salaries)	₹2 L/yr - ₹4.4 L/yr 14% more
Autocrat Engineers CNC Setter Salary 2 - 8 years exp. (5 salaries)	₹2 L/yr - ₹2.1 L/yr 27% less
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PETRONASH ENGINEERING SERVICES CNC Setter Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr 9% more
Shivam Autotech CNC Setter Salary 1 - 10 years exp. (30 salaries)	₹1.6 L/yr - ₹4.5 L/yr 9% more
Maini Precision Products CNC Setter Salary 2 - 10 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 34% more

CNC Setter salary at Balaji Machine Tools ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Balaji Machine Tools.

Experience wise Balaji Machine Tools CNC Setter salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Balaji Machine Tools

Production Supervisor Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Balaji Machine Tools CNC Setter Salary FAQs

What is the salary of CNC Setter at Balaji Machine Tools ?

The average salary of a CNC Setter at Balaji Machine Tools in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of CNC Setter at Balaji Machine Tools earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. CNC Setter Salaries at Balaji Machine Tools 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 Balaji Machine Tools employees in India.

What is the estimated take home salary of a CNC Setter at Balaji Machine Tools in India?

The estimated take-home salary of a CNC Setter at Balaji Machine Tools in India typically ranges from ₹19,490 to ₹21,161 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 7 years to 10 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 Balaji Machine Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Balaji Machine Tools for CNC Setter in India?

Maini Precision Products	₹2.0 Lakhs to ₹5.0 Lakhs per year
Rabwin Industries	₹2.0 Lakhs to ₹4.4 Lakhs per year
Shivam Autotech	₹1.6 Lakhs to ₹4.5 Lakhs per year
PETRONASH ENGINEERING SERVICES	₹2.8 Lakhs to ₹3.2 Lakhs per year

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

What is the salary of a CNC Setter in companies similar to Balaji Machine Tools in India?

The salary of a CNC Setter at companies similar to Balaji Machine Tools in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Autocrat Engineers

₹2.0 Lakhs to ₹2.1 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 CNC Setter at Balaji Machine Tools in India?

The salary growth for a CNC Setter at Balaji Machine Tools depends on factors such as experience, performance, and promotions. On average, a CNC Setter can expect the following growth trajectory at Balaji Machine Tools:

Experience	Average Salary Range
7 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
8 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
9 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
10 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Balaji Machine Tools CNC Setter Salaries

Balaji Machine Tools CNC Setter salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Balaji Machine Tools latest salaries received from various employees of Balaji Machine Tools.