Master Moulds Tool Room Engineer Salaries by 7 Employees

1 - 5 years exp.

₹1.4 Lakh - ₹3.8 Lakhs

Salary of majority employees

34% less than the average Tool Room Engineer Salary for 1 - 5 years of experience

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Salaries in different departments

Project & Program Management Tool Room Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.8 L/yr
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Research & Development Tool Room Engineer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr

Last Updated: 24 Feb 2024

Companies similar to Master Moulds for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Tool Room Engineer Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 5% less
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (48 salaries)	₹2.1 L/yr - ₹5 L/yr 61% more	1 job opening
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Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 9 years exp. (47 salaries)	₹2 L/yr - ₹7.2 L/yr 63% more
Varroc Group Tool Room Engineer Salary 2 - 8 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 56% more
Force Motors Tool Room Engineer Salary 1 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹8 L/yr 66% more

Tool Room Engineer salary at Master Moulds ranges between ₹1.4 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Master Moulds.

Experience wise Master Moulds Tool Room Engineer salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Master Moulds

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Tool Room Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Design Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹5.2 L/yr

Tool Maker Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

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Master Moulds Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Master Moulds ?

The average salary of a Tool Room Engineer at Master Moulds in India typically ranges from ₹1.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Tool Room Engineer at Master Moulds earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Tool Room Engineer Salaries at Master Moulds 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 7 Master Moulds employees in India.

What is the estimated take home salary of a Tool Room Engineer at Master Moulds in India?

The estimated take-home salary of a Tool Room Engineer at Master Moulds in India typically ranges from ₹16,705 to ₹18,417 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year 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 7 salaries received from various employees of Master Moulds. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Master Moulds for Tool Room Engineer in India?

Force Motors	₹1.4 Lakhs to ₹8.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.0 Lakhs to ₹7.2 Lakhs per year
Shaily Engineering Plastics Ltd	₹2.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group	₹2.7 Lakhs to ₹5.1 Lakhs per year

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

What is the salary of a Tool Room Engineer in companies similar to Master Moulds in India?

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

Siemens

₹1.5 Lakhs to ₹4.0 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 Room Engineer at Master Moulds in India?

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

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.7 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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Master Moulds Tool Room Engineer Salaries

Master Moulds Tool Room Engineer salary in India ranges between ₹1.4 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Master Moulds latest salaries received from various employees of Master Moulds.