Festo CNC Machinist Salaries by 4 Employees

0 - 3 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

42% less than the average CNC Machinist Salary in Industrial Automation Companies for 0 - 3 years of experience

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Last Updated: 6 Jan 2024

Companies similar to Festo for CNC Machinist

Company name	Avg Annual Salary	Open Jobs
Addverb Technologies CNC Machinist Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 23% less
Milacron CNC Machinist Salary 3 - 11 years exp. (9 salaries)	₹2.6 L/yr - ₹4.6 L/yr 17% more
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Mold-Masters CNC Machinist Salary 5 - 13 years exp. (8 salaries)	₹4 L/yr - ₹4.5 L/yr 29% more
Weir Group CNC Machinist Salary 4 - 20 years exp. (7 salaries)	₹8 L/yr - ₹25 L/yr 434% more
Hical Technologies CNC Machinist Salary 2 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr 9% more

CNC Machinist salary at Festo ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Festo.

Experience wise Festo CNC Machinist salaries

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Festo

CNC Operator Salary

(9 salaries)

₹3 L/yr - ₹4.5 L/yr

Trainee Salary

(8 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

ITI Fitter Salary

(4 salaries)

₹1.15 L/yr - ₹3 L/yr

ITI Electrician Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Supervisor Salary

(5 salaries)

₹2 L/yr - ₹3.15 L/yr

Junior Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Assistant Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Festo

2.0

Rated by 1 employees for salary & benefits

Senior Sales Engineer in Ludhiana

Full Time

Sales & Business Development Department

4.0

• posted on 09 Aug 2022

3.0

for Salary and Benefits

Likes

Excellent work culture and best till date learning environment. You are given free hand at learning and implementing your own ideas. Managers are very supportive & encourage you to achieve more. Work life balance and respect for family values.

Skill development - Excellent

+4 more

Dislikes

Salary being offered to new hires, especially people with 2-3 years experience is low as per industry standards.

Sales Engineer in Pune

Sales & Business Development Department

3.0

• posted on 05 May 2022

2.0

for Salary and Benefits

Likes

One of the best working culture with Job security ( if you want to work with less exposure and rewards) . No good policies for employees. Everyone here comes for their retirement plan😂.

Skill development - Good

+3 more

Dislikes

Less growth in terms of salary and promotion. Policies are not as per MNC. No focus on young talent, there is bunch of old employees working with old tactics and delaying process. After resignation, HR is not supportive at all, and do not even pick a call.

Salary - Poor

+1 more

Graduate Engineer Trainee (Get) in Bangalore / Bengaluru

Sales & Marketing Department

5.0

• posted on 30 Jul 2021

3.0

for Salary and Benefits

Likes

Everything about Festo is Good , co workers are great , management is awesome. Food is good , Office is Amazing. Work life balance is Great only 9 hrs of working . Sat - Sun off

Skill development - Good

+4 more

Dislikes

There was No growth , Less compensation. Everything else was amazing

Promotions - Poor

Sales Engineer in Noida

Sales & Business Development Department

4.0

• posted on 09 Jan 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Didactic Trainer in Ahmedabad

Didactic Department

5.0

• posted on 11 Jul 2020

4.0

for Salary and Benefits

Likes

They paid full salary throughout the covid situation!! and that too without delay!! Nearly 3 months work from Home Am full heartedly thankful to Festo for supporting us in this situation when most of the companies are failed to support!!

Salary - Good

+5 more

Dislikes

Training and career growth!! is less

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Festo CNC Machinist Salary FAQs

What is the salary of CNC Machinist at Festo ?

The average salary of a CNC Machinist at Festo in India typically ranges from ₹2.2 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of CNC Machinist at Festo earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. CNC Machinist Salaries at Festo 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 Festo employees in India.

What is the estimated take home salary of a CNC Machinist at Festo in India?

The estimated take-home salary of a CNC Machinist at Festo in India typically ranges from ₹22,367 to ₹23,845 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.0 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 4 salaries received from various employees of Festo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Festo for CNC Machinist in India?

Weir Group	₹8.0 Lakhs to ₹25.0 Lakhs per year
Mold-Masters	₹4.0 Lakhs to ₹4.5 Lakhs per year
Milacron	₹2.6 Lakhs to ₹4.6 Lakhs per year
Hical Technologies	₹3.1 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a CNC Machinist in companies similar to Festo in India?

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

Addverb Technologies

₹2.2 Lakhs to ₹2.8 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 CNC Machinist at Festo in India?

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

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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Festo CNC Machinist Salaries

Festo CNC Machinist salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Festo latest salaries received from various employees of Festo.