DEVU TOOLS Thane Salaries by 2 Employees

Designation	Avg Annual Salary	Open Jobs
Purchase Manager 15 years exp. · Thane (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Milling Machine Operator 5 years exp. · Thane (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
Starting your career? Discover DEVU TOOLS fresher salaries in India

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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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Salary related reviews for DEVU TOOLS

2.7

Rated by 3 employees for salary & benefits

Quality Engineer in Atgaon

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 03 Apr 2024

2.0

for Salary and Benefits

Likes

Access to lot of machines, instruments. Big toolroom, opportunity to improve yourself and your knowledge. Good exposure to people working in big companies such as TVS, Suzuki motors, M&M etc. Friendly work environment.

Skill development - Good

+3 more

Dislikes

No proper management from management team, initial salary too low if you are joining as a fresher or in lower post. Too much office politics. Train frequency very low so daily commuting makes it very hard. Canteen food sucks, overpriced and takes very bad no taste at all, no restaurants or any kind of shops available in near vicinity so you have to forcibly eat the canteen food if you dont bring you our lunch/ dinner.

Salary - Poor

Senior CAD CAM Engineer in Chennai (working remotely)

Full Time

Other Department

5.0

• posted on 29 Jan 2025

5.0

for Salary and Benefits

Likes

“I'm excited about working for this company because of its excellent reputation in the industry. I believe that working for a well-respected and established organization will give me access to opportunities and experiences that will help me grow my career.

Salary - Excellent

+6 more

Dislikes

There's nothing I really dislike about my current job. Working for my current company has allowed me to improve my skills and learn new tasks, and I'm grateful for those opportunities

Trainee in Aatgao Dist Thane

Other Department

1.0

• posted on 14 Aug 2021

1.0

for Salary and Benefits

Likes

Not like anything

Dislikes

We are join devu tool as trainee machinist for cnc vmc training for 1year and after training 2year job But devu tools can't give me training on cnc or vmc they are give me another department convention drilling and edm department ant give me very bad experience in my training period They asked questions in interview about cnc and vmc and select me for cnc vmc trainee but actually we joined company then company give me RDM EDM department My training period over at November 2020 but devu tools but management can not give me training of cnc vmc that's why I leave company at January 2021 Devu tools give me very bad experience in my training period and west 14 months time period

Salary - Bad

+6 more

Assembly Engineer in Mumbai

Research & Development Department

2.0

• posted on 03 Apr 2019

1.0

for Salary and Benefits

Likes

Devu Tools pvt ltd company is a one of the good company to work and to learn also,I had well experience in Devu tools but I got a problem salary. But still I would like to join again, Thank you.

Dislikes

Only one thing is I got a problem in my salary increment that’s it..

Salary - Bad

+6 more

Trainee Design Engineer in Mumbai

Manufacturing Department

4.0

• posted on 26 Feb 2018

4.0

for Salary and Benefits

Likes

Company environment and co-workers friendliness . high mould manufacturing rate and one of the largest tool rooms in India.New machines and equipments , work stations for CAM/CAD .

Salary - Good

+5 more

Dislikes

No punctuality, Not following rules

Promotions - Poor

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Know more about DEVU TOOLS Thane

DEVU TOOLS Salary FAQs

How much does DEVU TOOLS pay to its employees?

The average annual salary at DEVU TOOLS varies depending on the role, experience, and location. The salary ranges for some popular designations at DEVU TOOLS, are as follows:

Purchase Manager	₹7.7 Lakhs to ₹9.8 Lakhs per year
Milling Machine Operator	₹2.3 Lakhs to ₹2.9 Lakhs per year

The highest-paying role, CAM Engineer, earns between ₹5.7 Lakhs to ₹6.1 Lakhs per year. The top 10% of employees earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹40.4 Lakhs per year. Salaries at DEVU 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 salary estimates are based on data from 2 salaries submitted by DEVU TOOLS employees. DEVU TOOLS is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.