Ferromatik Milacron ITI Fitter Salaries by 4 Employees

2 - 16 years exp.

₹1.2 Lakh - ₹8 Lakhs

Low Confidence

Salary of majority employees

87% more than the average ITI Fitter Salary in Industrial Machinery Companies for 2 - 16 years of experience

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Last Updated: 31 Mar 2024

Companies similar to Ferromatik Milacron for ITI Fitter

Company name	Avg Annual Salary	Open Jobs
SPX Flow Technology ITI Fitter Salary 4 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 44% less
Venus Industrial Corporation ITI Fitter Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.3 L/yr 58% less
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Truetzschler India ITI Fitter Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 55% less
Lloyd Electric & Engineering ITI Fitter Salary 2 - 6 years exp. (3 salaries)	₹0.9 L/yr - ₹1.8 L/yr 68% less
Tata Motors ITI Fitter Salary 0 - 6 years exp. (209 salaries)	₹0.5 L/yr - ₹4.5 L/yr 55% less

ITI Fitter salary at Ferromatik Milacron ranges between ₹1.2 Lakh to ₹8 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Ferromatik Milacron.

Experience wise Ferromatik Milacron ITI Fitter salaries

Last Updated: 31 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
3 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr
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4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.2 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Ferromatik Milacron

Fitter Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Operator Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

CNC Operator Salary

(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

ITI Electrician Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Maintenance Fitter Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Junior Engineer Salary

(8 salaries)

₹3.85 L/yr - ₹6 L/yr

Salary related reviews for Ferromatik Milacron

Senior Engineer in Ahmedabad

Full Time

Design & Development Department

1.0

• posted on 03 Jan 2023

2.0

for Salary and Benefits

Likes

Worst experience

Dislikes

...employees. If you are a resident or localized then only you can survive here. No hike, No time Promotions, Zero Learning, No facilities. Once you accept the offer and join the company thereafter no one cares about growth and development. The worst part is they offer the wrong profile to suitable candidates.

Salary - Poor

+5 more

Sales Coordinator in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 09 Dec 2017

4.0

for Salary and Benefits

Likes

...ice and supportd to gali galoj. So I have to resign. Otherwise company is good. Gives good salary etc. But you have to ready listen gali galoj. And if you are against the same than HOD will create problem to you to leave the job.

Salary - Good

Dislikes

Too much Politics. Work environment is too bad due to abusing language. Salary part is good.

Skill development - Poor

+4 more

Procurement Executive in Ahmedabad

Procurement & Supply Chain Department

5.0

• posted on 28 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. Appraisals are fair and they give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

Career growth is slow. On the job training is not given to new jokiness. And i want to promote my self

Sales Manager in Chennai

Marketing & Communication Department

3.0

• posted on 02 Oct 2017

5.0

for Salary and Benefits

Likes

Good Learning experience for Freshers and Beginners. Good growth opportunities for Young and Talented.

Salary - Excellent

+1 more

Dislikes

Middle management career growth is snail slow process. For Management Employee Compensation is decent, but growth is slow. Work Pressure is high.

Promotions - Poor

Assistant Manager in Ahmedabad

Full Time

Research & Development Department

2.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

Worst company. Coperion, Milacron, Mold Master, these all companies are part of Hillenbrand Inc group which total wort is under 2B only. Companies operating from Ahmedabad has worst culture as they only promote and support local members. In few of the departments company lacking minimum required resources and company has one of the lowest annual growth offered. Not the top leadership but the mid leadership has full of politics and the pictures they presented are not a true representation of role, responsibilities, wages, annually growth officers, and facilities.

Job security - Good

Dislikes

Lacking professional environment and growth for employees.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

83 participants . expiring in 3d

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Ferromatik Milacron ITI Fitter Salary FAQs

What is the salary of ITI Fitter at Ferromatik Milacron ?

The average salary of a ITI Fitter at Ferromatik Milacron in India typically ranges from ₹1.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of ITI Fitter at Ferromatik Milacron earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. ITI Fitter Salaries at Ferromatik Milacron 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 Ferromatik Milacron employees in India.

What is the estimated take home salary of a ITI Fitter at Ferromatik Milacron in India?

The estimated take-home salary of a ITI Fitter at Ferromatik Milacron in India typically ranges from ₹34,074 to ₹35,327 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 16 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 Ferromatik Milacron. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a ITI Fitter in companies similar to Ferromatik Milacron in India?

The salary of a ITI Fitter at companies similar to Ferromatik Milacron in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SPX Flow Technology	₹2.2 Lakhs to ₹3.0 Lakhs per year
Truetzschler India	₹2.0 Lakhs to ₹2.2 Lakhs per year
Tata Motors	₹0.5 Lakhs to ₹4.5 Lakhs per year
Venus Industrial Corporation	₹1.8 Lakhs to ₹2.3 Lakhs per year
Lloyd Electric & Engineering	₹0.9 Lakhs to ₹1.8 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 ITI Fitter at Ferromatik Milacron in India?

The salary growth for a ITI Fitter at Ferromatik Milacron depends on factors such as experience, performance, and promotions. On average, a ITI Fitter can expect the following growth trajectory at Ferromatik Milacron:

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹1.2 Lakhs per year
3 years	₹0.6 Lakhs to ₹1.6 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Ferromatik Milacron ITI Fitter Salaries

Ferromatik Milacron ITI Fitter salary in India ranges between ₹1.2 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ferromatik Milacron latest salaries received from various employees of Ferromatik Milacron.