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L.G.Balakrishnan & Bros Tool Room Engineer salaries in Bangalore / Bengaluru

Annual salary range
3 - 5 years exp.
₹2 Lakhs - ₹3.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% less than the average Tool Room Engineer Salary in Auto Components Companies for 3 - 5 years of experience

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Last Updated: 16 Nov 2023

Companies similar to L.G.Balakrishnan & Bros for Tool Room Engineer in Bangalore / Bengaluru

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L.G.Balakrishnan & Bros Tool Room Engineer Salary

3 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹3.2 L/yr

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Company name Avg Annual Salary Open Jobs
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Belrise Industries Tool Room Engineer Salary

3 - 6 years exp. (6 salaries)

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₹2.5 L/yr - ₹4 L/yr

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Lumax Industries Tool Room Engineer Salary

2 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹4 L/yr

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₹3 L/yr - ₹5.5 L/yr

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INDO-MIM Tool Room Engineer Salary

1 - 12 years exp. (15 salaries)

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₹2 L/yr - ₹8.3 L/yr

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IFB Tool Room Engineer Salary

1 - 9 years exp. (9 salaries)

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₹3 L/yr - ₹7 L/yr

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Tool Room Engineer salary at L.G.Balakrishnan & Bros ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 3 years to 5 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 Room Engineer in Bangalore / Bengaluru

1y ago
₹3.2 Lakhs
5 years exp.

Experience wise L.G.Balakrishnan & Bros Tool Room Engineer salaries in Bangalore / Bengaluru

Last Updated: 16 Nov 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years  (3 salaries)

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

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₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

Senior Engineer Salary
(10 salaries)
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₹3 L/yr - ₹6.6 L/yr
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₹2.5 L/yr - ₹3.61 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

4.7

Rated by 3 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

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

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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  • Salary - Bad
  • +6 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.

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  • Salary - Poor
  • +5 more
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L.G.Balakrishnan & Bros Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru?
The average salary of a Tool Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Tool Room Engineer in Bangalore / Bengaluru at L.G.Balakrishnan & Bros earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Tool Room Engineer 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 Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru?
The estimated take-home salary of a Tool Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru typically ranges from ₹22,280 to ₹23,760 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 3 years to 5 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 Room Engineer in India?
INDO-MIM ₹2.0 Lakhs to ₹8.3 Lakhs per year
IFB ₹3.0 Lakhs to ₹7.0 Lakhs per year
Motherson Automotive Technologies and Engineering ₹3.0 Lakhs to ₹5.5 Lakhs per year
Lumax Industries ₹2.2 Lakhs to ₹4.0 Lakhs per year
Belrise Industries ₹2.5 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 Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru?
The salary growth for a Tool Room Engineer at L.G.Balakrishnan & Bros in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer in Bangalore / Bengaluru can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience Average Salary Range
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.0 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

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L.G.Balakrishnan & Bros Tool Room Engineer salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3.2 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.