Central Institute of Tool Design Vijayawada Salaries by 3 Employees

Designation	Avg Annual Salary	Open Jobs
Engineer Trainee 1 - 8 years exp. · Vijayawada (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Starting your career? Discover Central Institute of Tool Design fresher salaries in India
CMM Programmer 14 years exp. · Vijayawada (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
Starting your career? Discover Central Institute of Tool Design fresher salaries in India

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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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Salary related reviews for Central Institute of Tool Design

5.0

Rated by 1 employees for salary & benefits

Additive Manufacturing Engineer in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 02 May 2022

1.0

for Salary and Benefits

Likes

Nothing to learn. No employee recognition. No proper administration. No common sense and values. Once upon a time the organisation is so powerful, now it's a threat to nation with the wrong people's holding permanent job.

Dislikes

Full of internal cheap politics and third class mind set people. Unprofessional and unethical management and administration holding the permanent chairs. Individual interest is more involved than core principles of governance.

Salary - Bad

+6 more

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Know more about Central Institute of Tool Design Vijayawada

Central Institute of Tool Design Salary FAQs

How much does Central Institute of Tool Design pay to its employees?

The average annual salary at Central Institute of Tool Design varies depending on the role, experience, and location. The salary ranges for some popular designations at Central Institute of Tool Design, are as follows:

Engineer Trainee	₹1.8 Lakhs to ₹2.3 Lakhs per year
CMM Programmer	₹4.5 Lakhs to ₹5.8 Lakhs per year

The highest-paying role, Design Engineer, earns between ₹1.5 Lakh to ₹4.1 Lakhs per year. The top 10% of employees earn more than ₹5 Lakhs per year, and the top 1% earn over ₹26 Lakhs per year. Salaries at Central Institute of Tool Design 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 salary estimates are based on data from 3 salaries submitted by Central Institute of Tool Design employees. Central Institute of Tool Design is rated 5.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Central Institute of Tool Design , Vijayawada is INR . Salary estimates are based on 3 Central Institute of Tool Design latest salaries received from various employees of Central Institute of Tool Design.