Magnecomp Precision Technology Chennai Senior Tool Maker Salaries by 2 Employees

17 - 18 years exp.

₹17.1 Lakhs - ₹21.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 14 Oct 2024

Companies similar to Magnecomp Precision Technology for Senior Tool Maker in Chennai

Magnecomp Precision Technology Senior Tool Maker Salary

17 - 18 years exp. (AmbitionBox Estimate)

₹17.1 L/yr - ₹21.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Ford Motor Senior Tool Maker Salary 9 - 12 years exp. (4 salaries)	₹8.3 L/yr - ₹10.5 L/yr 52% less
Dietech India Senior Tool Maker Salary 6 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 78% less
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Lucas-TVS Senior Tool Maker Salary 3 - 10 years exp. (3 salaries)	₹1.2 L/yr - ₹5.5 L/yr 81% less
Sri Srinivasa Engineering Works Senior Tool Maker Salary 4 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 82% less

Senior Tool Maker salary at Magnecomp Precision Technology ranges between ₹17.1 Lakhs to ₹21.9 Lakhs per year for employees with experience between 17 years to 18 years. Salary estimates are based on 2 latest salaries received from various employees of Magnecomp Precision Technology.

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Magnecomp Precision Technology Senior Tool Maker Salary FAQs

How the salary growth look like for a Senior Tool Maker at Magnecomp Precision Technology in Chennai?

The salary growth for a Senior Tool Maker at Magnecomp Precision Technology in Chennai depends on factors such as experience, performance, and promotions. On average, a Senior Tool Maker in Chennai can expect the following growth trajectory at Magnecomp Precision Technology:

Experience	Average Salary Range
15 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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Magnecomp Precision Technology Senior Tool Maker Salaries in Chennai

Magnecomp Precision Technology Senior Tool Maker salary in Chennai ranges between ₹17.1 Lakhs to ₹21.9 Lakhs. This is an estimate based on latest salaries received from employees of Magnecomp Precision Technology.