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Godrej & Boyce Manufacturing

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3.9

based on 3k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Godrej & Boyce Manufacturing Tool & DIE Maker salaries in India

Annual salary range
1 - 10 years exp.
₹1.7 Lakh - ₹5 Lakhs
Salary of majority employees
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At par with the average Tool & DIE Maker Salary in Consumer Electronics & Appliances Companies for 1 - 10 years of experience

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Last Updated: 16 May 2024

Companies similar to Godrej & Boyce Manufacturing for Tool & DIE Maker

Company name Avg Annual Salary Open Jobs
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Mahindra & Mahindra Tool & DIE Maker Salary

0 - 7 years exp. (24 salaries)

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₹2 L/yr - ₹4.2 L/yr

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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 19% less
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Reliance Industries Tool & DIE Maker Salary

5 - 9 years exp. (4 salaries)

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₹4 L/yr - ₹4.5 L/yr

arrow icon 49% more
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Bajaj Auto Tool & DIE Maker Salary

0 - 3 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 2% more
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Panasonic Tool & DIE Maker Salary

1 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 27% less
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Whirlpool Tool & DIE Maker Salary

1 - 4 years exp. (3 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 23% less
Tool & DIE Maker salary at Godrej & Boyce Manufacturing ranges between ₹1.7 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 18 latest salaries received from various employees of Godrej & Boyce Manufacturing.

Latest annual salaries shared by Godrej & Boyce Manufacturing Tool & DIE Maker

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Experience wise Godrej & Boyce Manufacturing Tool & DIE Maker salaries

Last Updated: 16 May 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.7 L/yr - ₹3.1 L/yr
2 years  (3 salaries)

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₹2.5 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.1 L/yr
4 years  (3 salaries)

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₹2.2 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr
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Similar Designation salaries in Godrej & Boyce Manufacturing

Tool Maker Salary
(4 salaries)
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₹2.2 L/yr - ₹9.69 L/yr
Tool Engineer Salary
(3 salaries)
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₹4.6 L/yr - ₹5 L/yr
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₹1.5 L/yr - ₹4.6 L/yr
Tool Room Operator Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Senior Engineer Salary
(45 salaries)
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₹3 L/yr - ₹8.2 L/yr
Tool Room Supervisor Salary
(AmbitionBox Estimate)
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₹88.4 L/yr - ₹97.7 L/yr
Design Engineer Salary
(67 salaries)
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₹2.05 L/yr - ₹8.4 L/yr
DIE Fitter Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2.4 L/yr - ₹6 L/yr
VMC Operator Salary
(4 salaries)
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₹2.8 L/yr - ₹3.2 L/yr

Top skills at Godrej & Boyce Manufacturing for Tool & DIE Maker

Commissioning Die Making Press Tool Maintenance

Salary related reviews for Godrej & Boyce Manufacturing

3.5

Rated by 5 employees for salary & benefits

Precision engineering service department Department

4.0
  •  posted on 01 Jun 2021

5.0
 for  Salary and Benefits

Likes

...t is the best department. Workers are very skilled. You can get food facilities. Kaizen points helps to get additional salary benefits. Only thing I noticed that there's a conflict between the company and a labour organisation on issue of increment and these people hardly cooperate with you during work. Rest all things are excellent enough in my view.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

It's Brand Superlative Legacy Product range

Dislikes

...height 2.Oiling for the bosses & even their family members ego satisfaction 3.No transparency during salary hike, promotion 4.Internal politics, making the colleagues frustrated by insulting. 5.Micromanaging at its height 6.Wrong people at HO, no idea at all about the market. Just worried about KRA. 7.Tactically forcing to work on holidays. 8. Apply techniques to prevent taking leave 5 days or a week vacation. 9. Full of devil's advocate

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Full Time

 · 

Research & Development Department

3.0
  •  posted on 18 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary, hike and bonus were good. Flexible working time. Little exposure to the warehouse operations. No layoff.

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Dislikes

No work from home option. More SOPs. No proper data storage of projects. Attrition rate is high. From the view of design and manufacturing, very few learning opportunities are available. Replacement of leaving employees takes more time. Work pressure is high.

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Full Time

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Procurement & Supply Chain Department

3.0
  •  posted on 18 Jul 2024

3.0
 for  Salary and Benefits

Likes

The office culture is overall good. You can learn more and more day by day with a good work life balance.

Dislikes

...a higher position which could be achieved outside with that level of experience. Salary structure is okay with very less benefit for employees or with no other benefits.

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Full Time

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Administration & Facilities Department

3.0
  •  posted on 24 Oct 2023

1.0
 for  Salary and Benefits

Likes

Even if you are nincompoop the company will retain you. If you end up spending years hitting flies, surely you will reach the general manager position one day. In short there is stability and even non-performers get to climb the ladder if they stay for long. Company is extra sensitive to the environment so you will see dogs roaming around in campus and maybe later also rest on your office chair during the after hours. If you have good people around you the culture is the best, if you end up with toxic team mates be rest assured you'll have to fend for yourself as HR will be the last to come and rescue you from the bullying The company lacks a growth mindset and due to its conservative approaches if you align yourself by offering conservative penny wise solutions, you are here to stay for the long run

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Dislikes

...focus on performance and importance is still given to other irrelevant things. All deductions if any are done on your gross salary and all rebates are given on the base pay. Like if your leaves are about to lapse you are reimbursed on the base pay and in case you are one of the lucky few who exceed their leaves, the deduction is on gross salary. The base pay is kept fixed at 25% so all benefits such as gratuity, PF are calculated on this paltry sum. So you can imagine what you'll generate after years of service to this company. Close to 35-40k is deducted from your salary annually for your health insurance, which in turn makes you eligible for a double bed room only with poorest of benefits. Whats worse it is compulsory. There are no processes set, its still a people centric company, if someone leaves (due to lower than industry pay) it takes months to fill the vacancy with the new joinee being pushed completely into the dark and expected to set her/his own new processes. So there is often a vacuum with other team members filling in for a long period of time till a new hire comes. (If things are working out the HR at times also forgets there is a vacancy) Even for a general manager the daily travel reimbursement limit is so low that he/she still has to think twice before staying in a 5 star hotel, the company has no tie-ups with hotel chains plus travel limit is so low that you have to scout for pocket-friendly-not-so-good stay options. There is lack of transparency with incentives being given almost 8-9 months after the financial year is over, if you leave before rhe delayed appraisal you are not eligible for what is owed to you even if you have worked for the whole year and performed well, all your incentives are held back if you leave before the delayed appraisal. Though even appraisals on an average are 7-8% the only other way the HR tries to retain is by offering a higher designation which is only notional with a meagre raise. Sycophancy still exists and will help you grow here.

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Godrej & Boyce Manufacturing Tool & DIE Maker Salary FAQs

What is the salary of Tool & DIE Maker at Godrej & Boyce Manufacturing?
Tool & DIE Maker salary at Godrej & Boyce Manufacturing in India ranges between ₹1.7 Lakhs to ₹5.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 2% more than the average Tool & DIE Maker Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Godrej & Boyce Manufacturing India.
How does the salary of a Tool & DIE Maker at Godrej & Boyce Manufacturing India compare with the average salary range for this job?
The average salary of a Tool & DIE Maker at Godrej & Boyce Manufacturing is 2% more than the average salary of a Tool & DIE Maker in India. To know exact salary insights, login to view.
What are the top skills required to work as a Tool & DIE Maker at Godrej & Boyce Manufacturing?
Commissioning, Die Making and Press Tool Maintenance are some of the popular skills required to work as a Tool & DIE Maker at Godrej & Boyce Manufacturing India.
Which similar companies are paying more than Godrej & Boyce Manufacturing to a Tool & DIE Maker in India?
  • Reliance Industries Tool & DIE Maker Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
  • Mahindra & Mahindra Tool & DIE Maker Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • Bajaj Auto Tool & DIE Maker Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
What is the salary of a Tool & DIE Maker in companies similar to Godrej & Boyce Manufacturing in India?
  • Larsen & Toubro Limited Tool & DIE Maker Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
  • Whirlpool Tool & DIE Maker Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • Panasonic Tool & DIE Maker Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
What is the estimated take home salary of a Tool & DIE Maker at Godrej & Boyce Manufacturing in India?
The estimated take-home salary of a Tool & DIE Maker at Godrej & Boyce Manufacturing ranges between ₹20,387 per month to ₹22,045 per month in India. The take-home salary calculation is based on the average Godrej & Boyce Manufacturing Tool & DIE Maker salary in India which ranges between ₹1.7 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Tool & DIE Maker at Godrej & Boyce Manufacturing?
According to AmbitionBox, 60% of the Godrej & Boyce Manufacturing Tool & DIE Makers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Godrej & Boyce Manufacturing Tool & DIE Maker salary in India ranges between ₹1.7 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Godrej & Boyce Manufacturing latest salaries received from various employees of Godrej & Boyce Manufacturing.