Creative Tools & Components Pune Production Engineer Salaries by 6 Employees

0 - 3 years exp.

₹1.4 Lakh - ₹3.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Production Engineer Salary for 0 - 3 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Creative Tools & Components for Production Engineer in Pune

Creative Tools & Components Production Engineer Salary

0 - 3 years exp. (6 salaries)

₹1.4 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Production Engineer Salary 1 - 9 years exp. (122 salaries)	₹1.5 L/yr - ₹6.5 L/yr 76% more
Tetra Pak Production Engineer Salary 0 - 10 years exp. (122 salaries)	₹1.8 L/yr - ₹8 L/yr 107% more
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Belrise Industries Production Engineer Salary 1 - 8 years exp. (104 salaries)	₹1.8 L/yr - ₹5 L/yr 79% more
John Deere Production Engineer Salary 0 - 6 years exp. (100 salaries)	₹1.2 L/yr - ₹4 L/yr 30% more
Tata Motors Production Engineer Salary 1 - 6 years exp. (99 salaries)	₹1.2 L/yr - ₹8 L/yr 68% more

Production Engineer salary at Creative Tools & Components ranges between ₹1.4 Lakh to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Creative Tools & Components.

Experience wise Creative Tools & Components Production Engineer salaries in Pune

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Creative Tools & Components

Quality Engineer Salary

(9 salaries)

₹1.65 L/yr - ₹4 L/yr

Production Manager Salary

(4 salaries)

₹5.7 L/yr - ₹8 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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Creative Tools & Components Production Engineer Salary FAQs

What is the salary of Production Engineer at Creative Tools & Components in Pune?

The average salary of a Production Engineer at Creative Tools & Components in Pune typically ranges from ₹1.4 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Production Engineer in Pune at Creative Tools & Components earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Production Engineer Salaries at Creative Tools & Components 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 6 Creative Tools & Components employees in India.

What is the estimated take home salary of a Production Engineer at Creative Tools & Components in Pune?

The estimated take-home salary of a Production Engineer at Creative Tools & Components in Pune typically ranges from ₹14,239 to ₹15,740 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of Creative Tools & Components. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Creative Tools & Components for Production Engineer in India?

Tetra Pak	₹1.8 Lakhs to ₹8.0 Lakhs per year
Belrise Industries	₹1.8 Lakhs to ₹5.0 Lakhs per year
Bharat Forge	₹1.5 Lakhs to ₹6.5 Lakhs per year
Tata Motors	₹1.2 Lakhs to ₹8.0 Lakhs per year
John Deere	₹1.2 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a Production Engineer at Creative Tools & Components in Pune?

The salary growth for a Production Engineer at Creative Tools & Components in Pune depends on factors such as experience, performance, and promotions. On average, a Production Engineer in Pune can expect the following growth trajectory at Creative Tools & Components:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹1.8 Lakhs per year
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Creative Tools & Components Production Engineer Salaries in Pune

Creative Tools & Components Production Engineer salary in Pune ranges between ₹1.4 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Creative Tools & Components latest salaries received from various employees of Creative Tools & Components.