JBM Group Indore Tool Room Engineer Salaries by 4 Employees

1 - 2 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Tool Room Engineer Salary in Auto Components Companies for 1 - 2 years of experience

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Last Updated: 24 Nov 2024

Companies similar to JBM Group for Tool Room Engineer in Indore

JBM Group Tool Room Engineer Salary

1 - 2 years exp. (4 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
INDO TOOLING Tool Room Engineer Salary 3 - 17 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 6% more
Login to view exact salary
Larsen & Toubro Limited Tool Room Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.2 L/yr 33% less

Tool Room Engineer salary at JBM Group ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of JBM Group.

Experience wise JBM Group Tool Room Engineer salaries in Indore

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in JBM Group

Quality Engineer Salary

(11 salaries)

₹1.8 L/yr - ₹3.24 L/yr

Assistant Engineer Salary

(3 salaries)

₹1.98 L/yr - ₹3.2 L/yr

Top skills at JBM Group for Tool Room Engineer

Preventive Maintenance Tool Room Manufacturing Press Tools Dies Maintenance tool making Tool Maintenance Press Tool Maintenance Jig Fixture Tool Room Management

Salary related reviews for JBM Group

Rated by 1 employees for salary & benefits

Mechanical Engineer in Pune

Full Time

Media Production & Entertainment Department

2.0

• posted on 17 Oct 2024

2.0

for Salary and Benefits

Likes

JBM has Job Security

Job security - Good

Dislikes

Work culture is worse here in JBM Chakan plant, Salary hike after GET is very less comparatively to Minda and other tire 1 companies. In Minda GET becomes Senior Engineer but here in JBM they promote GET to Engineer. They hire the same post of enginer with 1 yr experienced a lot better salary than the GET they promote. They hire new Engineer with 1 yr experience on 35-40k /month but the GET who promoted to Engineer they pay only 27k per month.

Salary - Poor

+5 more

Deputy Manager in Faridabad

Full Time

Quality Assurance Department

5.0

• posted on 16 Jul 2024

4.0

for Salary and Benefits

Likes

...s (DGM) have supported me for learning and taking the lead at various platforms. 3) In terms of salary they are one of the best, if you are performing management will always try not to leave you, they full fill the commitment. 4) Being new OEM, company is trying to meet other OEM culture, recently alternate Saturday off initiated

Salary - Good

+5 more

Dislikes

1) Canteen & Transportation facility yet to be started. 2) HR policies needs to be slightly improved, although improvement is there but pace is very slow.

Deputy Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 05 Jan 2022

3.0

for Salary and Benefits

Likes

... is very transparent, company policies are very good, open platform for work, Company provide sallery and bonus on time every year.

Skill development - Excellent

+4 more

Dislikes

Carrier financial growth is slow. From last 2 year a lot of politics developed inside. And due to this a lot of restrictions occur to survive a work oriented person in JBM and the frequency is in increasing mode with great rate.

Junior Engineer in Haridwar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jul 2019

3.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Excellent

+4 more

Dislikes

Compensation is decent but growth is slow.the work pressure is very high sometimes.i have to work 11-12 hr.parday managers do not value an individuals unique strength,i have to take back my suggestions most of the times

Junior Engineer in Vithalapur Gujrat

Quality Engineering & Assurance Department

4.0

• posted on 15 May 2022

3.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling.company policies are good,appraisals are fair they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign.on the job training is not given to new joinees.

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Salary Discussions, Hike & Promotions

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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JBM Group Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at JBM Group in Indore?

The average salary of a Tool Room Engineer at JBM Group in Indore typically ranges from ₹1.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Tool Room Engineer in Indore at JBM Group earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Tool Room Engineer Salaries at JBM Group 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 JBM Group employees in India.

What is the estimated take home salary of a Tool Room Engineer at JBM Group in Indore?

The estimated take-home salary of a Tool Room Engineer at JBM Group in Indore typically ranges from ₹23,673 to ₹25,131 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.6 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 4 salaries received from various employees of JBM Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Tool Room Engineer at JBM Group in Indore?

To be a Tool Room Engineer at JBM Group in Indore, the key skills required include:

- Preventive Maintenance
- Tool Room
- Manufacturing
- Press Tools
- Dies

These skills are highly valued at JBM Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than JBM Group for Tool Room Engineer in India?

INDO TOOLING

₹2.8 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Tool Room Engineer in companies similar to JBM Group in Indore?

The salary of a Tool Room Engineer at companies similar to JBM Group in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited

₹2.2 Lakhs to ₹2.2 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 Room Engineer at JBM Group in Indore?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.4 Lakhs per year

and so on.

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JBM Group Tool Room Engineer Salaries in Indore

JBM Group Tool Room Engineer salary in Indore ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JBM Group latest salaries received from various employees of JBM Group.