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

Annual salary range
0 - 4 years exp.
₹1.2 Lakh - ₹3.5 Lakhs
Salary of majority employees
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52% less than the average Tool Maker Salary in Auto Components Companies for 0 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Maker Salary
0 - 2 years exp. (9 salaries)
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₹1.2 L/yr - ₹2.6 L/yr

Research & Development
Tool Maker Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.1 L/yr

Last Updated: 16 Sep 2024

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

Company name Avg Annual Salary Open Jobs
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Sundaram Clayton Tool Maker Salary

3 - 15 years exp. (5 salaries)

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₹2 L/yr - ₹6 L/yr

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UNO Minda Tool Maker Salary

1 - 8 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.4 L/yr

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Schaeffler India Tool Maker Salary

2 - 6 years exp. (7 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

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JBM Group Tool Maker Salary

1 - 6 years exp. (7 salaries)

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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 31% more
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₹3.2 L/yr - ₹4.1 L/yr

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Subros Tool Maker Salary

4 - 6 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 94% more
Tool Maker salary at L.G.Balakrishnan & Bros ranges between ₹1.2 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 16 latest salaries received from various employees of L.G.Balakrishnan & Bros.

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

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

Last Updated: 16 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.8 L/yr
1 year  (6 salaries)

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₹1.6 L/yr - ₹3.5 L/yr
2 years  (6 salaries)

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₹1.2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.8 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

DIE Maker Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Tool Engineer Salary
(5 salaries)
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₹2.6 L/yr - ₹3.5 L/yr
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₹1.5 L/yr - ₹3.6 L/yr
Operator Salary
(8 salaries)
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₹1.55 L/yr - ₹2.15 L/yr
Trainee Salary
(31 salaries)
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₹1.1 L/yr - ₹2.25 L/yr
Supervisor Salary
(79 salaries)
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₹1.4 L/yr - ₹4.3 L/yr
Technician Salary
(4 salaries)
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₹1.5 L/yr - ₹3.45 L/yr
Tool Room Trainee Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
VMC Operator Salary
(4 salaries)
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₹1.82 L/yr - ₹2.4 L/yr
Senior Engineer Salary
(142 salaries)
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₹3 L/yr - ₹8 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

3.0

Rated by 4 employees for salary & benefits

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
  • Job security - Good

Dislikes

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

read more
  • Salary - Bad
  • +5 more

Quality Assurance Department

4.0
  •  posted on 05 Aug 2020

3.0
 for  Salary and Benefits

Likes

...bility for our department and give full freedom to work without any interaction. Give full support for our employees and they give salary hike and bonus every year.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

There is a lot of politics. There is a bond of 3 year before which you cannot resign

Tool Room Department

3.0
  •  posted on 13 Dec 2021

3.0
 for  Salary and Benefits

Likes

Salary is credited on the fixed date without delay Canteen facility available Transport facility is given for people from middle management level

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Dislikes

... politics, company supports only Managerial category people. Very slow growth. Comparatively low salary ranges. Company does not address issues of employees and not taking care on employees benefit.. Leaves are not encashed and not able to utilise them also due to manpower shortage. Hard working people are not appreciated or promoted.. Promises made by management on promotion or increment on Salary are not honoured...

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  • Promotions - Bad
  • +1 more

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.

  • Salary - Good
  • +6 more

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.

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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.

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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.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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L.G.Balakrishnan & Bros Tool Maker Salary FAQs

What is the salary of Tool Maker at L.G.Balakrishnan & Bros?
Tool Maker salary at L.G.Balakrishnan & Bros in India ranges between ₹1.2 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 52% less than the average Tool Maker Salary in India. Salary estimates are based on 16 latest salaries received from various employees of L.G.Balakrishnan & Bros India.
How does the salary of a Tool Maker at L.G.Balakrishnan & Bros India compare with the average salary range for this job?
The average salary of a Tool Maker at L.G.Balakrishnan & Bros is 52% less than the average salary of a Tool Maker in India. To know exact salary insights, login to view.
Which similar companies are paying more than L.G.Balakrishnan & Bros to a Tool Maker in India?
  • Sundaram Clayton Tool Maker Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • Subros Tool Maker Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
  • Motherson Automotive Technologies and Engineering Tool Maker Salary - ₹3.2 Lakhs to ₹4.1 Lakhs per year
  • JBM Group Tool Maker Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
  • UNO Minda Tool Maker Salary - ₹1.5 Lakhs to ₹2.4 Lakhs per year
What is the salary of a Tool Maker in companies similar to L.G.Balakrishnan & Bros in India?
  • Schaeffler India Tool Maker Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Tool Maker at L.G.Balakrishnan & Bros in India?
The estimated take-home salary of a Tool Maker at L.G.Balakrishnan & Bros ranges between ₹14,645 per month to ₹16,182 per month in India. The take-home salary calculation is based on the average L.G.Balakrishnan & Bros Tool Maker salary in India which ranges between ₹1.2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Tool Maker at L.G.Balakrishnan & Bros?
According to AmbitionBox, 40% of the L.G.Balakrishnan & Bros Tool Makers reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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L.G.Balakrishnan & Bros Tool Maker salary in India ranges between ₹1.2 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.