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IDEAL Sheet Metal Stampings & Pressings

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2.9

based on 16 Reviews

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IDEAL Sheet Metal Stampings & Pressings Tool Room Engineer salaries in India

Annual salary range
2 - 3 years exp.
₹1.9 Lakh - ₹3.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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33% less than the average Tool Room Engineer Salary in Metals & Mining Companies for 2 - 3 years of experience

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Last Updated: 6 Nov 2024

Companies similar to IDEAL Sheet Metal Stampings & Pressings for Tool Room Engineer

Company name Avg Annual Salary Open Jobs
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Neel Metal Products Tool Room Engineer Salary

1 - 17 years exp. (5 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 84% more
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Hindustan Platinum Tool Room Engineer Salary

5 - 6 years exp. (4 salaries)
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₹4.1 L/yr - ₹4.3 L/yr

arrow icon 70% more
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Jindal Aluminium Tool Room Engineer Salary

1 - 8 years exp. (4 salaries)
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 125% more
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Metso Tool Room Engineer Salary

2 - 7 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.3 L/yr

arrow icon 56% more
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Shaily Engineering Plastics Ltd Tool Room Engineer Salary

3 - 8 years exp. (47 salaries)
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₹2.5 L/yr - ₹5 L/yr

arrow icon 60% more
Tool Room Engineer salary at IDEAL Sheet Metal Stampings & Pressings ranges between ₹1.9 Lakh to ₹3.4 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 5 latest salaries received from various employees of IDEAL Sheet Metal Stampings & Pressings.

Latest annual salaries shared by IDEAL Sheet Metal Stampings & Pressings Tool Room Engineer

3mo ago
₹3.4 Lakhs
3 years exp.
8mo ago
₹2.7 Lakhs
2 years exp.
1y ago
₹2.3 Lakhs
2 years exp.
1y ago
₹1.9 Lakh
2 years exp.

Experience wise IDEAL Sheet Metal Stampings & Pressings Tool Room Engineer salaries

Last Updated: 6 Nov 2024

Experience Avg Annual Salary
2 years  (3 salaries)

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₹1.9 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in IDEAL Sheet Metal Stampings & Pressings

Tool Room Incharge Salary
(3 salaries)
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₹4.8 L/yr - ₹12 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr
Quality Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Tool Room Supervisor Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
Tool & DIE Maker Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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IDEAL Sheet Metal Stampings & Pressings Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings ?
The average salary of a Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings in India typically ranges from ₹1.9 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Tool Room Engineer Salaries at IDEAL Sheet Metal Stampings & Pressings 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 5 IDEAL Sheet Metal Stampings & Pressings employees in India.
What is the estimated take home salary of a Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings in India?
The estimated take-home salary of a Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings in India typically ranges from ₹17,038 to ₹18,746 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 3 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 5 salaries received from various employees of IDEAL Sheet Metal Stampings & Pressings. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDEAL Sheet Metal Stampings & Pressings for Tool Room Engineer in India?
Jindal Aluminium ₹2.2 Lakhs to ₹7.5 Lakhs per year
Neel Metal Products ₹2.5 Lakhs to ₹6.5 Lakhs per year
Hindustan Platinum ₹4.1 Lakhs to ₹4.3 Lakhs per year
Shaily Engineering Plastics Ltd ₹2.5 Lakhs to ₹5.0 Lakhs per year
Metso ₹3.6 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDEAL Sheet Metal Stampings & Pressings, depending on the role and experience level.
How the salary growth look like for a Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings in India?
The salary growth for a Tool Room Engineer at IDEAL Sheet Metal Stampings & Pressings depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at IDEAL Sheet Metal Stampings & Pressings:

Experience Average Salary Range
2 years ₹1.9 Lakhs to ₹2.7 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
and so on.

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IDEAL Sheet Metal Stampings & Pressings Tool Room Engineer salary in India ranges between ₹1.9 Lakh to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDEAL Sheet Metal Stampings & Pressings latest salaries received from various employees of IDEAL Sheet Metal Stampings & Pressings.