INDO-MIM Tool Maker Trainee Salaries by 5 Employees

1 - 2 years exp.

₹1 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Tool Maker Trainee Salary in Metals & Mining Companies for 1 - 2 years of experience

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Last Updated: 25 Feb 2024

Companies similar to INDO-MIM for Tool Maker Trainee

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros Tool Maker Trainee Salary 1 - 3 years exp. (7 salaries)	₹1.5 L/yr - ₹2.1 L/yr 3% more
INTERPLEX Tool Maker Trainee Salary 1 - 2 years exp. (6 salaries)	₹1.1 L/yr - ₹2.1 L/yr 6% more
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Mold Tek Packaging Tool Maker Trainee Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 64% more
Brakes India Tool Maker Trainee Salary 0 - 3 years exp. (5 salaries)	₹1.5 L/yr - ₹1.8 L/yr 6% less
TIDC India Tool Maker Trainee Salary 1 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹2.5 L/yr 24% more

Tool Maker Trainee salary at INDO-MIM ranges between ₹1 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of INDO-MIM .

Experience wise INDO-MIM Tool Maker Trainee salaries

Last Updated: 25 Feb 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1 L/yr - ₹1.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.4 L/yr

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Salary related reviews for INDO-MIM

5.0

Rated by 3 employees for salary & benefits

Quality Engineer in Bangalore Rural

Full Time

Research & Development Department

4.0

• posted on 04 Dec 2020

4.0

for Salary and Benefits

Likes

The way they used to encourage and bringing out the skills, giving the confidence in me for the betterment for future job opportunities. The management is very good, they provide accommodation like foods, rooms, cab facility etc Work is also helped to gain the knowledge about quality, not only about quality 5s, checklists, kaizen etc

Salary - Good

+6 more

Dislikes

Salary I felt it should be more and by the time experience gets they will increase....

Design Engineer in Bangalore / Bengaluru

Research & Development Department

4.0

• posted on 21 May 2021

3.0

for Salary and Benefits

Likes

Over a very good environment to work and learn, but work life balance for lover and mid level people is very bad, and no other benifits like outings but company provides food and cab facility so over all a good company for beginners and very good company for experienced persons to settle.

Skill development - Excellent

+3 more

Dislikes

Some times we need to work over time and they doesn't pay for that nor they give leave for that and Salary wise it's good while joining but increment is not at all good.

Tool Room Engineer

Tool Room Department

5.0

• posted on 03 Jul 2018

5.0

for Salary and Benefits

Likes

The Company Was Good All Activitiesu i liked this company Andis its Karnataka in 1sta is there metal injection moulding i learned about Tool Maintenance Blueto matching , tool assembling, tool correction. in this company blue and red matching will do for tool corection and etc

Salary - Excellent

+6 more

Dislikes

salary is not good

Senior Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 26 Sep 2023

2.0

for Salary and Benefits

Likes

Personal work life balance and job security is too good

Job security - Good

+1 more

Dislikes

There is no proper work culture here, and no salary increment as per experience and talent, no encouragement for real talent. Especially no value for Designers, no one knows the value of a Designer here. Equal salary for ITI guy and also a Engineer guy, No value for qualifications. And one more very bad culture is, when someone resigned, no one will ask for stayback or nobody will ask about this situation or the problem.

Salary - Poor

+1 more

Employee Relations Executive in Dod Ballapur

Full Time

Media Production & Entertainment Department

2.0

• posted on 16 Oct 2023

1.0

for Salary and Benefits

Likes

🤐 😡 I am just working for my commitment's and it's important for my family commitment

Dislikes

Low pay 😡 Inflexible work schedules i don't like management culture Company not recognize my qualifications

Salary - Bad

+6 more

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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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INDO-MIM Tool Maker Trainee Salary FAQs

What is the salary of Tool Maker Trainee at INDO-MIM ?

The average salary of a Tool Maker Trainee at INDO-MIM in India typically ranges from ₹1.0 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Tool Maker Trainee at INDO-MIM earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Tool Maker Trainee Salaries at INDO-MIM 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 INDO-MIM employees in India.

What is the estimated take home salary of a Tool Maker Trainee at INDO-MIM in India?

The estimated take-home salary of a Tool Maker Trainee at INDO-MIM in India typically ranges from ₹11,428 to ₹12,686 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 2 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 INDO-MIM . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than INDO-MIM for Tool Maker Trainee in India?

Mold Tek Packaging	₹2.5 Lakhs to ₹3.0 Lakhs per year
TIDC India	₹1.7 Lakhs to ₹2.5 Lakhs per year
INTERPLEX	₹1.1 Lakhs to ₹2.1 Lakhs per year
L.G.Balakrishnan & Bros	₹1.5 Lakhs to ₹2.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by INDO-MIM , depending on the role and experience level.

What is the salary of a Tool Maker Trainee in companies similar to INDO-MIM in India?

The salary of a Tool Maker Trainee at companies similar to INDO-MIM in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Brakes India

₹1.5 Lakhs to ₹1.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Tool Maker Trainee at INDO-MIM in India?

The salary growth for a Tool Maker Trainee at INDO-MIM depends on factors such as experience, performance, and promotions. On average, a Tool Maker Trainee can expect the following growth trajectory at INDO-MIM :

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹1.2 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.4 Lakhs per year

and so on.

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INDO-MIM Tool Maker Trainee Salaries

INDO-MIM Tool Maker Trainee salary in India ranges between ₹1 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 INDO-MIM latest salaries received from various employees of INDO-MIM .

INDO-MIM Tool Maker Trainee salaries in India

Companies similar to INDO-MIM for Tool Maker Trainee

Latest annual salaries shared by INDO-MIM Tool Maker Trainee

Experience wise INDO-MIM Tool Maker Trainee salaries

Similar Designation salaries in INDO-MIM

Salary related reviews for INDO-MIM

Quality Engineer in Bangalore Rural

Design Engineer in Bangalore / Bengaluru

Tool Room Engineer

Senior Design Engineer in Bangalore / Bengaluru

Employee Relations Executive in Dod Ballapur

INDO-MIM Tool Maker Trainee Salary FAQs

Tell us how to improve this page.