Matrix Tools & Solutions Tool Design Engineer Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹1.4 Lakh - ₹4 Lakhs

Salary of majority employees

38% less than the average Tool Design Engineer Salary for 1 - 5 years of experience

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Last Updated: 17 Jan 2024

Companies similar to Matrix Tools & Solutions for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Design Engineer Salary 2 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 204% more
Tata Advanced Systems Tool Design Engineer Salary 2 - 7 years exp. (31 salaries)	₹3 L/yr - ₹8 L/yr 86% more
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Lucas-TVS Tool Design Engineer Salary 2 - 15 years exp. (12 salaries)	₹4 L/yr - ₹7.6 L/yr 144% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 12% less
Delphi TVS Tool Design Engineer Salary 1 - 3 years exp. (9 salaries)	₹1.9 L/yr - ₹4.8 L/yr 6% more

Tool Design Engineer salary at Matrix Tools & Solutions ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Matrix Tools & Solutions.

Experience wise Matrix Tools & Solutions Tool Design Engineer salaries

Last Updated: 17 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr

Similar Designation salaries in Matrix Tools & Solutions

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Design Engineer Salary

(7 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Salary related reviews for Matrix Tools & Solutions

1.0

Rated by 1 employees for salary & benefits

Tool Room Engineer in Pune

Research & Development Department

3.0

• posted on 07 May 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.I love the fact that I am a part of a team that markets rwliable,high quality products and has a global client base.Another plus point iis that my colleagues come from various cultural backgrounds,and we work happily in collaboration.I also like the employee re-hire policy.

Salary - Good

+5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometims ,I have to work 12-14 hours straight in a day as I have to attend client calls inthe evening and sometimes late into the night. Managers don't value an individuals` unique strengths, which is why I have to take back my suggestions most of the times.

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Top trending discussions

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Matrix Tools & Solutions Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Matrix Tools & Solutions?

Tool Design Engineer salary at Matrix Tools & Solutions in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 38% less than the average Tool Design Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Matrix Tools & Solutions India.

How does the salary of a Tool Design Engineer at Matrix Tools & Solutions India compare with the average salary range for this job?

The average salary of a Tool Design Engineer at Matrix Tools & Solutions is 38% less than the average salary of a Tool Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Matrix Tools & Solutions to a Tool Design Engineer in India?

Tech Mahindra Tool Design Engineer Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year
Lucas-TVS Tool Design Engineer Salary - ₹4.0 Lakhs to ₹7.6 Lakhs per year
Tata Advanced Systems Tool Design Engineer Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Delphi TVS Tool Design Engineer Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Tool Design Engineer in companies similar to Matrix Tools & Solutions in India?

Brakes India Tool Design Engineer Salary - ₹1.1 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a Tool Design Engineer at Matrix Tools & Solutions in India?

The estimated take-home salary of a Tool Design Engineer at Matrix Tools & Solutions ranges between ₹17,809 per month to ₹19,505 per month in India. The take-home salary calculation is based on the average Matrix Tools & Solutions Tool Design Engineer salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Tool Design Engineer at Matrix Tools & Solutions?

According to AmbitionBox, 50% of the Matrix Tools & Solutions Tool Design Engineers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Matrix Tools & Solutions Tool Design Engineer Salaries

Matrix Tools & Solutions Tool Design Engineer salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Matrix Tools & Solutions latest salaries received from various employees of Matrix Tools & Solutions.