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L.G.Balakrishnan & Bros Tool Designer salaries in India

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹5.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Tool Designer Salary in Auto Components Companies for 1 - 5 years of experience

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Last Updated: 17 Oct 2023

Companies similar to L.G.Balakrishnan & Bros for Tool Designer

Company name Avg Annual Salary Open Jobs
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UNO Minda Tool Designer Salary

1 - 5 years exp. (4 salaries)

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₹2.2 L/yr - ₹5 L/yr

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Schaeffler India Tool Designer Salary

1 - 3 years exp. (5 salaries)

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₹2 L/yr - ₹3.5 L/yr

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JBM Group Tool Designer Salary

1 - 8 years exp. (4 salaries)

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₹1.8 L/yr - ₹6 L/yr

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Wheels Tool Designer Salary

1 - 5 years exp. (10 salaries)

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₹1.8 L/yr - ₹3.4 L/yr

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Timken Tool Designer Salary

1 - 7 years exp. (10 salaries)

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₹3 L/yr - ₹5.3 L/yr

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Tool Designer salary at L.G.Balakrishnan & Bros ranges between ₹2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Latest annual salaries shared by L.G.Balakrishnan & Bros Tool Designer

1y ago
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1 year exp.
1y ago
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5 years exp.
1y ago
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2 years exp.

Experience wise L.G.Balakrishnan & Bros Tool Designer salaries

Last Updated: 17 Oct 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.2 L/yr

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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

Production, Manufacturing & Engineering Department

4.0
  •  posted on 07 Feb 2018

4.0
 for  Salary and Benefits

Likes

The company is helpful for self development, high quality products. We work happily in collaboration.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. I have to work 12 - 14 hours straight in a day.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 11 Aug 2022

2.0
 for  Salary and Benefits

Likes

You can do your personal work by changing your shifts if the department head allows you. Remaining all the things could not be write in this like section. If I write those things over here, that will against to my conscience.

read more

Dislikes

...as an yearly increment. As a staff you will get increment upto ₹1000 - 2500. Then, they hold some percentage of money from your salary every month and gives you back as Diwali bonus. You need to pay money to food, biscuits& safety shoes. If you come to the company by car, strictly you need to park your vehicle out of the compound. They don't even gives you cleaning essentials (soap) to wash your hands even though you are working in oil.

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Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

As a quality engineer, I'll get more time free than production department

Dislikes

Worst canteen foods . Management nepotism. No good salary hike. Frustrated environment. Security guard also behave like the partners of the company. No respect given for engineers. You can't learn anything from your HODs because they don't have knowledge about their own respective field. Not able to work if you are a enginner and seeking the best salary , because they don't consider you are a professional degree holder rather than they will treat you like casual labour. Finally this company is not fitted for the professional engineers and you can't learn anything from that company. No free transport provided.

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Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 19 Sep 2021

1.0
 for  Salary and Benefits

Likes

LGB have many branches at various places but all have very poor management system. But have many OEM parts orders. It's useful for improve our knowledge

read more

Dislikes

Not only trainee including on roll staff's salary was very poor. (ex. 5yrs experience onroll staff take-home salary 15k only)

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Full Time

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Production, Manufacturing & Engineering Department

1.0
  •  posted on 30 May 2022

1.0
 for  Salary and Benefits

Likes

Very bad , only corporate politics no increment no salary

Dislikes

Very bad corporate people no benefit in salary also , more working 12hr ++ no bus no personal phone , no any benefit , worst company no one should go

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L.G.Balakrishnan & Bros Tool Designer Salary FAQs

What is the salary of Tool Designer at L.G.Balakrishnan & Bros?
Tool Designer salary at L.G.Balakrishnan & Bros in India ranges between ₹2.0 Lakhs to ₹5.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 2% less than the average Tool Designer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L.G.Balakrishnan & Bros India.
How does the salary of a Tool Designer at L.G.Balakrishnan & Bros India compare with the average salary range for this job?
The average salary of a Tool Designer at L.G.Balakrishnan & Bros is 2% less than the average salary of a Tool Designer in India. To know exact salary insights, login to view.
Which similar companies are paying more than L.G.Balakrishnan & Bros to a Tool Designer in India?
  • Timken Tool Designer Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
  • JBM Group Tool Designer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Tool Designer in companies similar to L.G.Balakrishnan & Bros in India?
  • UNO Minda Tool Designer Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
  • Schaeffler India Tool Designer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Wheels Tool Designer Salary - ₹1.8 Lakhs to ₹3.4 Lakhs per year
What is the estimated take home salary of a Tool Designer at L.G.Balakrishnan & Bros in India?
The estimated take-home salary of a Tool Designer at L.G.Balakrishnan & Bros ranges between ₹22,156 per month to ₹23,638 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros Tool Designer salary in India which ranges between ₹2.0 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Tool Designer at L.G.Balakrishnan & Bros?
According to AmbitionBox, 100% of the L.G.Balakrishnan & Bros Tool Designers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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L.G.Balakrishnan & Bros Tool Designer salary in India ranges between ₹2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.