Funskool India Tool Room Engineer Salaries by 6 Employees

4 - 7 years exp.

₹2.4 Lakhs - ₹3.8 Lakhs

Salary of majority employees

8% less than the average Tool Room Engineer Salary in Other Companies for 4 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹3.6 L/yr
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Research & Development Tool Room Engineer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

Last Updated: 16 Jun 2024

Companies similar to Funskool India for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (48 salaries)	₹2.1 L/yr - ₹5 L/yr 17% more	1 job opening
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 9 years exp. (47 salaries)	₹2 L/yr - ₹7.2 L/yr 18% more
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Varroc Group Tool Room Engineer Salary 2 - 8 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 13% more
Force Motors Tool Room Engineer Salary 1 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹8 L/yr 20% more
Renata Precision Components Tool Room Engineer Salary 1 - 5 years exp. (32 salaries)	₹2 L/yr - ₹4.7 L/yr 1% more

Tool Room Engineer salary at Funskool India ranges between ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Funskool India.

Experience wise Funskool India Tool Room Engineer salaries

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

Similar Designation salaries in Funskool India

Tool Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(10 salaries)

₹4 L/yr - ₹5.81 L/yr

Tool Room Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Quality Engineer Salary

(15 salaries)

₹1.8 L/yr - ₹4.15 L/yr

Junior Engineer Salary

(4 salaries)

₹1.7 L/yr - ₹15 L/yr

Tool Room Supervisor Salary

(3 salaries)

₹0.5 L/yr - ₹2.4 L/yr

Executive Engineer Salary

(3 salaries)

₹4 L/yr - ₹5.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Funskool India

3.0

Rated by 1 employees for salary & benefits

Area Sales Officer in Chennai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Nov 2023

2.0

for Salary and Benefits

Likes

Good for beginners and that too just for one year. I gave rating bases on my working period. Now I think things changed little bit.

Job security - Good

Dislikes

Very low Salary, no promotion, No incentive, increase product price to keep P&L somewhat okay.

Salary - Poor

+5 more

Senior Accounts Executive in New Delhi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Mar 2024

1.0

for Salary and Benefits

Likes

Job Security

Job security - Good

+1 more

Dislikes

The primary concern lies in its compensation structure, which falls below market standards, resulting in dissatisfaction among employees. Additionally, the lack of growth opportunities adds to the overall discontent. Appraisal increments are disappointingly low, further exacerbating the issue. These factors combined make it challenging for employees to feel valued and motivated within the company.

Salary - Bad

+2 more

Product Development Engineer in Chennai

Engineering Department

3.0

• posted on 07 Aug 2022

5.0

for Salary and Benefits

Likes

Friendly peoples. You can learn.

Salary - Excellent

+4 more

Dislikes

Rapid travel..where will you going to be today that is not in your hand..married peoples think twice before apply for this position. Otherwise you will suffer.. if you are family concerned than don't come.

Work satisfaction - Poor

+1 more

Graduate Student in Ranipet

Intern

Quality Assurance Department

1.0

• posted on 21 Aug 2023

1.0

for Salary and Benefits

Likes

Worst Management and Interview taken in any firm is this company just they cheat you and send you home back never believe and never go for interview in this as this company just waste our time and be wait for their calls with complete sincerity.

Dislikes

Everything mainly The Worst Management.

Salary - Bad

+6 more

Operator in Goa

Other Department

3.0

• posted on 24 Apr 2021

1.0

for Salary and Benefits

Likes

nothing

Dislikes

contract basis work so dont have any security for workers,and aslo payment of each worker is abou 400-420₹ ,8hr/day but after deduction of contract charges and other like PF ESIC in hand payment will be 350-355 only, OT not available..Mobile not allowed.

Salary - Bad

+6 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Funskool India Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Funskool India ?

The average salary of a Tool Room Engineer at Funskool India in India typically ranges from ₹2.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Tool Room Engineer at Funskool India earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Tool Room Engineer Salaries at Funskool India 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 Funskool India employees in India.

What is the estimated take home salary of a Tool Room Engineer at Funskool India in India?

The estimated take-home salary of a Tool Room Engineer at Funskool India in India typically ranges from ₹24,004 to ₹25,457 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 4 years to 7 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 Funskool India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Funskool India for Tool Room Engineer in India?

Force Motors	₹1.4 Lakhs to ₹8.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.0 Lakhs to ₹7.2 Lakhs per year
Shaily Engineering Plastics Ltd	₹2.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group	₹2.7 Lakhs to ₹5.1 Lakhs per year
Renata Precision Components	₹2.0 Lakhs to ₹4.7 Lakhs per year

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

How the salary growth look like for a Tool Room Engineer at Funskool India in India?

The salary growth for a Tool Room Engineer at Funskool India depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at Funskool India:

Experience	Average Salary Range
4 years	₹2.4 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.5 Lakhs per year
7 years	₹1.4 Lakhs to ₹3.5 Lakhs per year

and so on.

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Funskool India Tool Room Engineer Salaries

Funskool India Tool Room Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Funskool India latest salaries received from various employees of Funskool India.