Koyo Bearings India Tool Engineer Salaries by 3 Employees

3 - 5 years exp.

₹2.2 Lakhs - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

70% less than the average Tool Engineer Salary in Auto Components Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 26 Jul 2023

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Tool Engineer salary at Koyo Bearings India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Koyo Bearings India.

Experience wise Koyo Bearings India Tool Engineer salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Koyo Bearings India

Senior Engineer Salary

(17 salaries)

₹5.35 L/yr - ₹6.5 L/yr

Junior Engineer Salary

(86 salaries)

₹2.8 L/yr - ₹5.5 L/yr

Quality Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹5.2 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Assistant Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2 L/yr - ₹4.5 L/yr

Supervisor Salary

(16 salaries)

₹1.6 L/yr - ₹3.25 L/yr

Deputy Manager Salary

(4 salaries)

₹13.1 L/yr - ₹16.5 L/yr

Salary related reviews for Koyo Bearings India

Worked As Sr.Manager - Sales in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...nd transparent.100% customer satisfaction and customer is first in terms of QCD. Company policies are fair and they give average hike in salary. Good in technology and product management 100% owned by JTEKT group.

Work satisfaction - Good

+2 more

Dislikes

The growth is slow and salary and other perks are not as per industry norms.no job training for new joinees and job risk is high.Frequent change in management will not address our issues.Appraisals are not fair for hard working people.No support for loyal working people.

Diploma Trainee Engineer in Bawal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 13 Mar 2023

4.0

for Salary and Benefits

Likes

I love to work much ppc. by the way I run face grinding machine. by the way I'm mostly interested in PPC. I like work in

Salary - Good

+6 more

Dislikes

I like two all work. I got any job. I try to do him honestly. I think I be able to do any work

Assistant Manager in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

3.0

• posted on 05 Oct 2021

2.0

for Salary and Benefits

Likes

Time bound ,secure job irrespective of performance

Job security - Good

Dislikes

Poor top management (JTEKT), no credible HR planning for capable employees.very weak in recognition and full of politics.Senior and middle Indian management are working on retirement politics.

Salary - Poor

+3 more

Diploma Trainee Engineer (working remotely)

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Mar 2023

4.0

for Salary and Benefits

Likes

If you are in assambly line then there there is nothing but if you work in turning dept. then you can learn lots of thing and utilize your skill. And maintenance dept. is the best.

Salary - Good

+4 more

Dislikes

There is no future. After three years they will kick out you.

Diploma Trainee Engineer in Bawal Rewari

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 29 Jul 2021

1.0

for Salary and Benefits

Likes

I am not like this company and this company management system very poor. I am not recommending this company to any single person.

Dislikes

Management system poor Behavior of senior poor No one support new employees

Salary - Bad

+6 more

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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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Koyo Bearings India Tool Engineer Salary FAQs

How the salary growth look like for a Tool Engineer at Koyo Bearings India in India?

The salary growth for a Tool Engineer at Koyo Bearings India depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at Koyo Bearings India:

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Koyo Bearings India Tool Engineer Salaries

Koyo Bearings India Tool Engineer salary in India ranges between ₹2.2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Koyo Bearings India latest salaries received from various employees of Koyo Bearings India.