Mahindra & Mahindra Tool Engineer Salaries by 4 Employees

0 - 1 year exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Tool Engineer Salary in Automobile Companies for 0 - 1 year of experience

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Salaries in different departments

Research & Development Tool Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
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Healthcare & Life Sciences Tool Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 27 May 2023

Companies similar to Mahindra & Mahindra for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Ford Motor Tool Engineer Salary 6 - 18 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 133% more
Hero MotoCorp Tool Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 43% less
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Bajaj Auto Tool Engineer Salary 0 - 5 years exp. (4 salaries)	₹3.9 L/yr - ₹9.5 L/yr 56% more
Ashok Leyland Tool Engineer Salary 0 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹2.1 L/yr 46% less
Toyota Tool Engineer Salary 5 - 7 years exp. (3 salaries)	₹7.2 L/yr - ₹9.5 L/yr 149% more

Tool Engineer salary at Mahindra & Mahindra ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Tool Engineer salaries

Last Updated: 27 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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1 year (3 salaries)	₹2 L/yr - ₹5 L/yr

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Salary related reviews for Mahindra & Mahindra

3.7

Rated by 2 employees for salary & benefits

Senior Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 07 Sep 2024

2.0

for Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

Salary - Poor

+6 more

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Senior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 04 Feb 2023

4.0

for Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

Salary - Good

+4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

Work-life balance - Poor

Design Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 May 2023

3.0

for Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

Skill development - Excellent

+3 more

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra & Mahindra Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Mahindra & Mahindra ?

The average salary of a Tool Engineer at Mahindra & Mahindra in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Tool Engineer at Mahindra & Mahindra earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Tool Engineer Salaries at Mahindra & Mahindra 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 4 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Tool Engineer at Mahindra & Mahindra in India?

The estimated take-home salary of a Tool Engineer at Mahindra & Mahindra in India typically ranges from ₹25,555 to ₹26,985 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Tool Engineer in India?

Toyota	₹7.2 Lakhs to ₹9.5 Lakhs per year
Ford Motor	₹5.1 Lakhs to ₹10.5 Lakhs per year
Bajaj Auto	₹3.9 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.

What is the salary of a Tool Engineer in companies similar to Mahindra & Mahindra in India?

The salary of a Tool Engineer at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero MotoCorp	₹1.5 Lakhs to ₹2.5 Lakhs per year
Ashok Leyland	₹1.7 Lakhs to ₹2.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Tool Engineer at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹5.8 Lakhs per year
1 year	₹2.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Mahindra & Mahindra Tool Engineer Salaries

Mahindra & Mahindra Tool Engineer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.