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

Annual salary range
1 - 4 years exp.
₹1.3 Lakh - ₹3.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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18% less than the average Tool Maker Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Maker Salary
1 year exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Research & Development
Tool Maker Salary
3 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3.1 L/yr

Last Updated: 1 Oct 2023

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

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L.G.Balakrishnan & Bros Tool Maker Salary

1 - 4 years exp. (5 salaries)

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₹1.3 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Root Industries Tool Maker Salary

1 - 6 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.2 L/yr

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G Plast Tool Maker Salary

1 - 8 years exp. (13 salaries)

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₹1 L/yr - ₹4 L/yr

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1 job opening
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Excel Plast Tool Maker Salary

0 - 6 years exp. (8 salaries)

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₹1.8 L/yr - ₹5 L/yr

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Manoj Engineering Works Tool Maker Salary

4 - 5 years exp. (7 salaries)

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₹2.8 L/yr - ₹4 L/yr

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Watertec India Tool Maker Salary

1 - 8 years exp. (7 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

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Tool Maker salary at L.G.Balakrishnan & Bros ranges between ₹1.3 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of L.G.Balakrishnan & Bros.

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

1y ago
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4 years exp.

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

Last Updated: 1 Oct 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

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₹3 L/yr - ₹7 L/yr
Supervisor Salary
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₹1.6 L/yr - ₹4.3 L/yr
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₹1.15 L/yr - ₹2.25 L/yr
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₹1.5 L/yr - ₹3 L/yr
VMC Operator Salary
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Salary related reviews for L.G.Balakrishnan & Bros

3.0

Rated by 2 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...

read more
  • 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 in Coimbatore?
The average salary of a Tool Maker at L.G.Balakrishnan & Bros in Coimbatore typically ranges from ₹1.3 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Tool Maker in Coimbatore at L.G.Balakrishnan & Bros earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Tool Maker Salaries at L.G.Balakrishnan & Bros 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 L.G.Balakrishnan & Bros employees in India.
What is the estimated take home salary of a Tool Maker at L.G.Balakrishnan & Bros in Coimbatore?
The estimated take-home salary of a Tool Maker at L.G.Balakrishnan & Bros in Coimbatore typically ranges from ₹14,449 to ₹15,969 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 L.G.Balakrishnan & Bros. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than L.G.Balakrishnan & Bros for Tool Maker in India?
Excel Plast ₹1.8 Lakhs to ₹5.0 Lakhs per year
Manoj Engineering Works ₹2.8 Lakhs to ₹4.0 Lakhs per year
Watertec India ₹1.2 Lakhs to ₹4.3 Lakhs per year
Root Industries ₹2.8 Lakhs to ₹3.2 Lakhs per year
G Plast ₹1.0 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L.G.Balakrishnan & Bros, depending on the role and experience level.
How the salary growth look like for a Tool Maker at L.G.Balakrishnan & Bros in Coimbatore?
The salary growth for a Tool Maker at L.G.Balakrishnan & Bros in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Tool Maker in Coimbatore can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
4 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
and so on.

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L.G.Balakrishnan & Bros Tool Maker salary in Coimbatore ranges between ₹1.3 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.