Gestamp Tool Engineer Salaries by 4 Employees

2 - 5 years exp.

₹2.2 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Tool Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Gestamp for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Magna International Tool Engineer Salary 7 - 14 years exp. (14 salaries)	₹4 L/yr - ₹7.1 L/yr 72% more
ARaymond Tool Engineer Salary 3 - 8 years exp. (10 salaries)	₹3.2 L/yr - ₹4.1 L/yr 19% more
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Faurecia Tool Engineer Salary 2 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 21% less
Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 84% more
INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr 32% more

Tool Engineer salary at Gestamp ranges between ₹2.2 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Gestamp.

Experience wise Gestamp Tool Engineer salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

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Quality Engineer Salary

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Design Engineer Salary

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Tool Maker Salary

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Tool & DIE Maker Salary

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₹2.5 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

(19 salaries)

₹2.7 L/yr - ₹5.05 L/yr

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Executive Engineer Salary

(5 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Salary related reviews for Gestamp

Junior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 06 Dec 2018

4.0

for Salary and Benefits

Likes

...& performance. Career growth - Knowledge develop & it useful for personal life Salary - Really happy,,, Travel - Really good,, Politics - More Learning - Depending upon their interested Work environment - March to sept more heat,, possible skin disease , No medical check up for staff & employees. Innovation _ Moving fast

Salary - Good

+2 more

Dislikes

No proper 5s,

Junior Engineer in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Sep 2018

3.0

for Salary and Benefits

Likes

The company give me a great opportunity and l AM learning more about how to work and give a customer quality products and correct timing ..my teammates are really helpfull and all are working perfectly and give to respect what iam saying .The work environment is good and travel,food all to arrange company so is more comfortable...

Skill development - Good

+2 more

Dislikes

Salary and appraisal is poor to fresher,and contract people are treated is not satisfied for me ..

Job security - Poor

Junior Engineer in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Jan 2019

4.0

for Salary and Benefits

Likes

Gestamp company is one of the best base of all employees and trainee. Gestamp had maintain gurukulam training for all employee and trainees.gestamp strictly followed safety rules

Salary - Good

+5 more

Dislikes

Employees salary growth is very poor

Senior Engineer- Maintenance in Pune

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 15 Aug 2024

2.0

for Salary and Benefits

Likes

...king about what are likes about this company, so I found two, 1) water facility. 2) salary credited date 31St. Otherwise no any additional facilities.

Dislikes

Talegaon plant's top management ran off, also more projects are taking without any completion full proof, no satisfaction no any work life balance, whole machinery was taken from scratch and assembled and started producing, lot of issues.

Salary - Poor

+6 more

Neem Trainee in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 12 Jan 2022

1.0

for Salary and Benefits

Likes

Good people's, decent salary

Dislikes

There is a lot of issues, salary is decent but career growth is very slow. There is a bond of 2 yrs, on the neem training completed certificate is not giving properly for trainees

Salary - Bad

+5 more

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Gestamp Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Gestamp ?

The average salary of a Tool Engineer at Gestamp in India typically ranges from ₹2.2 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Tool Engineer at Gestamp earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Tool Engineer Salaries at Gestamp 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 Gestamp employees in India.

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

The estimated take-home salary of a Tool Engineer at Gestamp in India typically ranges from ₹23,205 to ₹24,671 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 2 years to 5 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 Gestamp. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Molex	₹4.2 Lakhs to ₹9.7 Lakhs per year
Magna International	₹4.0 Lakhs to ₹7.1 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year
ARaymond	₹3.2 Lakhs to ₹4.1 Lakhs per year

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

What is the salary of a Tool Engineer in companies similar to Gestamp in India?

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

Faurecia

₹2.1 Lakhs to ₹3.0 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 Tool Engineer at Gestamp in India?

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

Experience	Average Salary Range
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Gestamp Tool Engineer Salaries

Gestamp Tool Engineer salary in India ranges between ₹2.2 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Gestamp latest salaries received from various employees of Gestamp.

Gestamp Tool Engineer salaries in India

Companies similar to Gestamp for Tool Engineer

Latest annual salaries shared by Gestamp Tool Engineer

Experience wise Gestamp Tool Engineer salaries

Similar Designation salaries in Gestamp

Salary related reviews for Gestamp

Junior Engineer in Chennai

Junior Engineer in Chennai

Junior Engineer in Chennai

Senior Engineer- Maintenance in Pune

Neem Trainee in Chennai

Gestamp Tool Engineer Salary FAQs

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