Gemsons Precision Engineering VMC Setter Salaries by 4 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% more than the average VMC Setter Salary in Industrial Machinery Companies for 2 - 6 years of experience

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Last Updated: 14 Jul 2024

Companies similar to Gemsons Precision Engineering for VMC Setter

Company name	Avg Annual Salary	Open Jobs
Shirodkar Preci Comp VMC Setter Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 8% less
MITA VMC Setter Salary 2 - 4 years exp. (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr 43% more
Login to view exact salary
Maini Precision Products VMC Setter Salary 2 - 9 years exp. (14 salaries)	₹2.2 L/yr - ₹5 L/yr 3% less
Wave Mechanics VMC Setter Salary 1 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹4 L/yr 21% less
Sansera Engineering VMC Setter Salary 2 - 4 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 2% less

VMC Setter salary at Gemsons Precision Engineering ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Gemsons Precision Engineering.

Experience wise Gemsons Precision Engineering VMC Setter salaries

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Gemsons Precision Engineering

ITI Fitter Salary

(3 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Fitter Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

CNC Operator Salary

(6 salaries)

₹2 L/yr - ₹2.64 L/yr

Operator Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Machine Operator Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Salary related reviews for Gemsons Precision Engineering

QA Engineer

Production, Manufacturing & Engineering Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

Its totally waste of time. Very bad behavior from Management. No carreir growth, no salary increament, no weekday off.

Dislikes

Very bad culture, No career growth, very less salary, salary is calculated on daily hrs of working same like unskilled workers no fix salary. No weekday off. Treating like servants.

Salary - Bad

+6 more

VMC Operator in Vasai-Virar

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 02 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Rude Management and office workers, unhealthy and primitive work environment, 10.5 hours of shift never seen that anywhere in my life, 3rd class travelling bus, no canteen, no facilities, no increment for the common workers, it's literally a gov. Approved sweatshop, the hard working young men have no future in this company.

Salary - Poor

+6 more

Costing Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

I appreciate working at Gemsons Precision Engineering because it offers continuous opportunities to develop both technical and communication skills. I have gained hands on experience with advanced machinery and improve my ability to collaborate effectively with colleagues, making my work both challenging and fulfilling

Skill development - Good

Dislikes

One of the challenges that I have faced at Gemsons is the management style, which can something involved unfulfilled promises and overly strict polices like bonds, deduction for minor issues. Additionally, the focus on the growth is often determined by negative mindset and internal politics, which can hinder the productivity and a create a unwanted work environment which disturbs your personal as well as professional life. No work life balance they think all employees are slave.

Salary - Poor

+4 more

HR Executive in Korba

Full Time

Energy & Mining Department

1.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

colleague is supporting and friendly,

Dislikes

Waste of time. management is third class. they are use your emotion only ,no increment ,no facility ,no job security. director language is like road chhap person,gunda

Salary - Bad

+6 more

ITI Fitter in Vasai-Virar

Manufacturing Department

5.0

• posted on 23 Mar 2022

5.0

for Salary and Benefits

Likes

Yes I love being an engineer. It is the profession I decided on for myself. Engineers solve problems that involve making the physical world adapt to the needs around us. I love solving those kinds of problems so it’s a great match.

Salary - Excellent

+6 more

Dislikes

Parsonal regance etc.

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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

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Gemsons Precision Engineering VMC Setter Salary FAQs

What is the salary of VMC Setter at Gemsons Precision Engineering ?

The average salary of a VMC Setter at Gemsons Precision Engineering in India typically ranges from ₹2.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of VMC Setter at Gemsons Precision Engineering earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. VMC Setter Salaries at Gemsons Precision Engineering 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 Gemsons Precision Engineering employees in India.

What is the estimated take home salary of a VMC Setter at Gemsons Precision Engineering in India?

The estimated take-home salary of a VMC Setter at Gemsons Precision Engineering in India typically ranges from ₹24,307 to ₹25,756 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 Gemsons Precision Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Gemsons Precision Engineering for VMC Setter in India?

MITA	₹4.3 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a VMC Setter in companies similar to Gemsons Precision Engineering in India?

The salary of a VMC Setter at companies similar to Gemsons Precision Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sansera Engineering	₹2.0 Lakhs to ₹4.2 Lakhs per year
Maini Precision Products	₹2.2 Lakhs to ₹5.0 Lakhs per year
Shirodkar Preci Comp	₹2.0 Lakhs to ₹4.0 Lakhs per year
Wave Mechanics	₹2.1 Lakhs to ₹4.0 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 VMC Setter at Gemsons Precision Engineering in India?

The salary growth for a VMC Setter at Gemsons Precision Engineering depends on factors such as experience, performance, and promotions. On average, a VMC Setter can expect the following growth trajectory at Gemsons Precision Engineering:

Experience	Average Salary Range
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Gemsons Precision Engineering VMC Setter Salaries

Gemsons Precision Engineering VMC Setter salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Gemsons Precision Engineering latest salaries received from various employees of Gemsons Precision Engineering.