Goldmedal Electricals Tool Design Engineer Salaries by 3 Employees (Updated 2025)

1 - 9 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Tool Design Engineer Salary in Electrical Equipment Companies for 1 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Tool Design Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Production, Manufacturing & Engineering Tool Design Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Research & Development Tool Design Engineer Salary 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 12 Feb 2025

Companies similar to Goldmedal Electricals for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Amphenol Interconnect Tool Design Engineer Salary 1 - 5 years exp. (7 salaries)	₹3 L/yr - ₹8 L/yr 9% more
Gilard Electronics Tool Design Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4.2 L/yr 11% less
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Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 10% more
Lucas-TVS Tool Design Engineer Salary 2 - 15 years exp. (12 salaries)	₹4 L/yr - ₹7.6 L/yr 46% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 47% less

Tool Design Engineer salary at Goldmedal Electricals ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Goldmedal Electricals.

Experience wise Goldmedal Electricals Tool Design Engineer salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Junior Engineer Salary

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Senior Software Engineer Salary

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Salary related reviews for Goldmedal Electricals

2.0

Rated by 1 employees for salary & benefits

Territory Sales Manager in Chandigarh

Full Time

Sales & Business Development Department

2.0

• posted on 17 Jun 2024

2.0

for Salary and Benefits

Likes

Salary before 7th

Dislikes

Lala ji company style...one has to keep lala ji happy more to stay in the system....lala ji hear about you from multiple people and will do what your area manager says .9.30am to 7.30pm 6days working.

Salary - Poor

+6 more

Back End Executive in Vijayawada

Full Time

Finance & Accounting Department

5.0

• posted on 21 May 2023

4.0

for Salary and Benefits

Likes

Goldmedal Electricals at Vijayawada, AP divisional office, working here is superb, i have learned lots of things and fellowship persons and Senior persons are super supportive. Handling the Credit note issue and returns and replacements of goods management. Every things is good here

Salary - Good

+6 more

Dislikes

Starting salary for Highly educated persons and experience persons from other companies no hike at all, in some circumstances they are telling if you do not have goldmedal Electricals relevant experience you can not expect a starting hike as a experience holder. But they hike your salary very good manner every years do not need to switch.

Accountant in Cuttack

Full Time

Finance & Accounting Department

1.0

• posted on 14 Sep 2023

1.0

for Salary and Benefits

Likes

nothing to be like work sector is like a pan shop

Dislikes

they are is in initial level nothing they know about corporate ,no work life balance,no good salary,management has no power,the agents of branches are the head and owners they have all rights ,recruitment and fired the employees like the employees and nuts for them 👎

Salary - Bad

+6 more

Senior Accounts Executive in Vasai-Virar

Full Time

Finance & Accounting Department

1.0

• posted on 21 Mar 2024

1.0

for Salary and Benefits

Likes

Women are not safe in all vasai depo hod harrasement and demanding, any girl or women please don't join in account department hod is very bad treated and Black mailer I have 6 years experience in this company.

Dislikes

Hr is not supported 12 hrs duty to all men staff and every one faced many problems salary and others benefit for only chatu employe only.

Salary - Bad

+6 more

Back End Executive in Vijayawada

Finance & Accounting Department

5.0

• posted on 10 Nov 2022

3.0

for Salary and Benefits

Likes

It's is Superb. Just you have to start from start because you do not have any knowledge about this Company. once you get through, you can achieve a good heights as on sales and marketing field.

Skill development - Excellent

+5 more

Dislikes

A little bit not tuff for starting salary but after experiencing it pay good in comparison to other players in market.

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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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Goldmedal Electricals Tool Design Engineer Salary FAQs

How the salary growth look like for a Tool Design Engineer at Goldmedal Electricals in India?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Goldmedal Electricals Tool Design Engineer Salaries

Goldmedal Electricals Tool Design Engineer salary in India ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Goldmedal Electricals latest salaries received from various employees of Goldmedal Electricals.