Indo German Tool Room Contract Engineer Salaries by 4 Employees

2 - 4 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Contract Engineer Salary in Government Companies for 2 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Indo German Tool Room for Contract Engineer

Company name	Avg Annual Salary	Open Jobs
Ministry of Defence Contract Engineer Salary 3 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 31% more
Bharat Electronics Contract Engineer Salary 1 - 6 years exp. (262 salaries)	₹2 L/yr - ₹4.8 L/yr 33% more
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Defence Research & Development Organisation Contract Engineer Salary 0 - 4 years exp. (105 salaries)	₹1.5 L/yr - ₹4.6 L/yr 20% more
Reliance Industries Contract Engineer Salary 1 - 9 years exp. (61 salaries)	₹5.5 L/yr - ₹15.5 L/yr 247% more
Aeronautical Development Agency Contract Engineer Salary 0 - 3 years exp. (53 salaries)	₹3.3 L/yr - ₹4.6 L/yr 64% more

Contract Engineer salary at Indo German Tool Room ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Indo German Tool Room.

Experience wise Indo German Tool Room Contract Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Indo German Tool Room

Consultant Engineer Salary

(19 salaries)

₹2.15 L/yr - ₹3.6 L/yr

Trainee Salary

(12 salaries)

₹1.2 L/yr - ₹3 L/yr

Data Entry Operator Salary

(5 salaries)

₹1.44 L/yr - ₹1.92 L/yr

Automation Engineer Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Placement Officer Salary

(4 salaries)

₹1.8 L/yr - ₹10 L/yr

General Manager Salary

(4 salaries)

₹30 L/yr - ₹36 L/yr

Trainer Salary

(4 salaries)

₹1.2 L/yr - ₹2.2 L/yr

Internship Trainee Salary

(3 salaries)

₹2 L/yr - ₹5.5 L/yr

OJT Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Technical Instructor Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for Indo German Tool Room

Faculty in Jamshedpur

Engineering - Hardware & Networks Department

1.0

• posted on 01 May 2022

1.0

for Salary and Benefits

Likes

No job security, no working culture, management take care about only your relatives, no company policy, jangal raj only there

Dislikes

There no any rules for salary increment. I am working there from five years but from the time of joining , i am getting only 10000 per month, there is no rules for yearly increment except their relatives. No bonus is there. No salay standard is there. Contratual Engineers getting 10000 salary only.Jangal raj is there only.

Salary - Bad

+6 more

Engineer Trainee in Pune

Cad / Cam Department

3.0

• posted on 09 Oct 2020

1.0

for Salary and Benefits

Likes

Due to pendemic covid-19 situation company not giving salary All other things are good but salary & job security is major issue now

Skill development - Good

+1 more

Dislikes

No job security now no salary alredy less salary as they hire engineer but not giving satisfactory salary, contract job

Salary - Bad

+3 more

Junior Engineer in Ahmedabad

Production, Manufacturing & Engineering Department

3.0

• posted on 26 Jul 2020

3.0

for Salary and Benefits

Likes

...teresting.there is good work environment and culture. Company policies are good.and tyey give good salary hike and bonus every year.

Dislikes

Tool room is a hard work area.salary is decent but career growth is slow.

Mechanical Engineer in Aurangabad

Other Department

4.0

• posted on 25 Feb 2019

3.0

for Salary and Benefits

Likes

its a tool room its a good training institute for fresher they can learn the process of working and get some experience

Skill development - Good

Dislikes

in indo german tool room working as a engineer i realise here carrier groth and salary struction is so bad... even work environment is also not so good

Job security - Poor

+1 more

Data Entry Operator in Nagpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

I love working in IGTR.I got to learn new things.

Skill development - Excellent

Dislikes

ICTR did a lot of injustice to me.I have been here for 8 years, but my payment has not been done yet. He decreased instead of increasing.Due to my payment increases, he made a decree.They should decrease my payment ₹ 5000!If someone goes on speaking, no one listens.So my money got up from IGTR. Now I see who listens to this feedback?

Salary - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Indo German Tool Room Contract Engineer Salary FAQs

What is the salary of Contract Engineer at Indo German Tool Room ?

The average salary of a Contract Engineer at Indo German Tool Room in India typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Contract Engineer at Indo German Tool Room earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Contract Engineer Salaries at Indo German Tool Room 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 Indo German Tool Room employees in India.

What is the estimated take home salary of a Contract Engineer at Indo German Tool Room in India?

The estimated take-home salary of a Contract Engineer at Indo German Tool Room in India typically ranges from ₹17,979 to ₹19,672 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 Indo German Tool Room. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indo German Tool Room for Contract Engineer in India?

Reliance Industries	₹5.5 Lakhs to ₹15.5 Lakhs per year
Aeronautical Development Agency	₹3.3 Lakhs to ₹4.6 Lakhs per year
Bharat Electronics	₹2.0 Lakhs to ₹4.8 Lakhs per year
Ministry of Defence	₹3.0 Lakhs to ₹3.6 Lakhs per year
Defence Research & Development Organisation	₹1.5 Lakhs to ₹4.6 Lakhs per year

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

How the salary growth look like for a Contract Engineer at Indo German Tool Room in India?

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

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Indo German Tool Room Contract Engineer Salaries

Indo German Tool Room Contract Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indo German Tool Room latest salaries received from various employees of Indo German Tool Room.

Indo German Tool Room Contract Engineer salaries in India

Companies similar to Indo German Tool Room for Contract Engineer

Latest annual salaries shared by Indo German Tool Room Contract Engineer

Experience wise Indo German Tool Room Contract Engineer salaries

Similar Designation salaries in Indo German Tool Room

Salary related reviews for Indo German Tool Room

Faculty in Jamshedpur

Engineer Trainee in Pune

Junior Engineer in Ahmedabad

Mechanical Engineer in Aurangabad

Data Entry Operator in Nagpur

Indo German Tool Room Contract Engineer Salary FAQs

Tell us how to improve this page.