Magnecomp Precision Technology Tool Maker Salaries by 6 Employees (Updated 2025)

4 - 8 years exp.

₹5.1 Lakhs - ₹10 Lakhs

Salary of majority employees

63% more than the average Tool Maker Salary for 4 - 8 years of experience

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Last Updated: 3 Nov 2023

Companies similar to Magnecomp Precision Technology for Tool Maker

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Maker Salary 6 - 21 years exp. (3 salaries)	₹1.1 L/yr - ₹6 L/yr 40% less
Larsen & Toubro Limited Tool Maker Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 65% less
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Micro Plastics Tool Maker Salary 2 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.3 L/yr 45% less	1 job opening
INTERPLEX Tool Maker Salary 0 - 6 years exp. (39 salaries)	₹1.1 L/yr - ₹4.5 L/yr 62% less
VASANTHA TOOL CRAFTS Tool Maker Salary 1 - 7 years exp. (34 salaries)	₹1.2 L/yr - ₹5 L/yr 61% less

Tool Maker salary at Magnecomp Precision Technology ranges between ₹5.1 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Magnecomp Precision Technology.

Experience wise Magnecomp Precision Technology Tool Maker salaries

Last Updated: 3 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10 L/yr
5 years (3 salaries)	₹5.1 L/yr - ₹10 L/yr
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6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.1 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.2 L/yr

Similar Designation salaries in Magnecomp Precision Technology

Tool Engineer Salary

(9 salaries)

₹5.05 L/yr - ₹18 L/yr

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Tool Room Engineer Salary

(5 salaries)

₹6 L/yr - ₹13 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Top skills at Magnecomp Precision Technology for Tool Maker

Laser Welding Press Tool Maintenance

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magnecomp Precision Technology Tool Maker Salary FAQs

What is the salary of Tool Maker at Magnecomp Precision Technology?

Tool Maker salary at Magnecomp Precision Technology in India ranges between ₹5.1 Lakhs to ₹10.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 63% more than the average Tool Maker Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magnecomp Precision Technology India.

How does the salary of a Tool Maker at Magnecomp Precision Technology India compare with the average salary range for this job?

The average salary of a Tool Maker at Magnecomp Precision Technology is 63% more than the average salary of a Tool Maker in India. To know exact salary insights, login to view.

What are the top skills required to work as a Tool Maker at Magnecomp Precision Technology?

Laser Welding and Press Tool Maintenance are some of the popular skills required to work as a Tool Maker at Magnecomp Precision Technology India.

What is the salary of a Tool Maker in companies similar to Magnecomp Precision Technology in India?

Tech Mahindra Tool Maker Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
Micro Plastics Tool Maker Salary - ₹2.0 Lakhs to ₹5.3 Lakhs per year
VASANTHA TOOL CRAFTS Tool Maker Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
INTERPLEX Tool Maker Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year
Larsen & Toubro Limited Tool Maker Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a Tool Maker at Magnecomp Precision Technology in India?

The estimated take-home salary of a Tool Maker at Magnecomp Precision Technology ranges between ₹54,113 per month to ₹55,463 per month in India. The take-home salary calculation is based on the average Magnecomp Precision Technology Tool Maker salary in India which ranges between ₹5.1 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Tool Maker at Magnecomp Precision Technology?

According to AmbitionBox, 100% of the Magnecomp Precision Technology Tool Makers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magnecomp Precision Technology Tool Maker Salaries

Magnecomp Precision Technology Tool Maker salary in India ranges between ₹5.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magnecomp Precision Technology latest salaries received from various employees of Magnecomp Precision Technology.