Hosur Tooling Solution Tool Design Engineer Salaries by 3 Employees

5 - 12 years exp.

₹1.3 Lakh - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

56% less than the average Tool Design Engineer Salary for 5 - 12 years of experience

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Last Updated: 13 Oct 2024

Companies similar to Hosur Tooling Solution for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Design Engineer Salary 2 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 321% more
Larsen & Toubro Limited Tool Design Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 50% more
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Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 155% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 22% more
Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 175% more

Tool Design Engineer salary at Hosur Tooling Solution ranges between ₹1.3 Lakh to ₹3 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Hosur Tooling Solution.

Experience wise Hosur Tooling Solution Tool Design Engineer salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Hosur Tooling Solution Tool Design Engineer Salary FAQs

How the salary growth look like for a Tool Design Engineer at Hosur Tooling Solution in India?

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

Experience	Average Salary Range
5 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
6 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
12 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Hosur Tooling Solution Tool Design Engineer Salaries

Hosur Tooling Solution Tool Design Engineer salary in India ranges between ₹1.3 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Hosur Tooling Solution latest salaries received from various employees of Hosur Tooling Solution.