Magcore Lamination Tool & DIE Maker Salaries by 3 Employees

1 - 6 years exp.

₹2.4 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% more than the average Tool & DIE Maker Salary for 1 - 6 years of experience

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Last Updated: 28 Jan 2024

Companies similar to Magcore Lamination for Tool & DIE Maker

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Tool & DIE Maker Salary 2 - 5 years exp. (8 salaries)	₹2 L/yr - ₹3.2 L/yr 27% less
Prabha Industries Tool & DIE Maker Salary 0 - 7 years exp. (24 salaries)	₹2 L/yr - ₹5 L/yr 3% less
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Mahindra & Mahindra Tool & DIE Maker Salary 0 - 7 years exp. (24 salaries)	₹2 L/yr - ₹4.2 L/yr 9% less
INDO-MIM Tool & DIE Maker Salary 0 - 5 years exp. (24 salaries)	₹1.1 L/yr - ₹5 L/yr 20% less
Europa Locks Tool & DIE Maker Salary 0 - 2 years exp. (23 salaries)	₹1.8 L/yr - ₹3.2 L/yr 25% less

Tool & DIE Maker salary at Magcore Lamination ranges between ₹2.4 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Magcore Lamination.

Experience wise Magcore Lamination Tool & DIE Maker salaries

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Magcore Lamination

Tool Maker Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Tool Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Tool Room Supervisor Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Quality Engineer Salary

(9 salaries)

₹2 L/yr - ₹3.2 L/yr

Design Engineer Salary

(4 salaries)

₹2.76 L/yr - ₹3.15 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹5 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

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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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Magcore Lamination Tool & DIE Maker Salary FAQs

How the salary growth look like for a Tool & DIE Maker at Magcore Lamination in India?

The salary growth for a Tool & DIE Maker at Magcore Lamination depends on factors such as experience, performance, and promotions. On average, a Tool & DIE Maker can expect the following growth trajectory at Magcore Lamination:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Magcore Lamination Tool & DIE Maker Salaries

Magcore Lamination Tool & DIE Maker salary in India ranges between ₹2.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magcore Lamination latest salaries received from various employees of Magcore Lamination.