Matrix Tools & Solutions Tool Designer Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Salary of majority employees

At par with the average Tool Designer Salary for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Designer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.5 L/yr
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Project & Program Management Tool Designer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 12 Jul 2024

Companies similar to Matrix Tools & Solutions for Tool Designer

Company name	Avg Annual Salary	Open Jobs
Wheels Tool Designer Salary 1 - 5 years exp. (10 salaries)	₹1.8 L/yr - ₹3.4 L/yr 25% less
Timken Tool Designer Salary 1 - 7 years exp. (10 salaries)	₹3 L/yr - ₹5.3 L/yr 23% more
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Tata Advanced Systems Tool Designer Salary 2 - 8 years exp. (5 salaries)	₹2.9 L/yr - ₹4.5 L/yr 12% more
Connectwell Industries Tool Designer Salary 6 - 11 years exp. (5 salaries)	₹3 L/yr - ₹3.7 L/yr 4% more
Craftsman Automation Tool Designer Salary 1 - 12 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 12% more

Tool Designer salary at Matrix Tools & Solutions ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Matrix Tools & Solutions.

Experience wise Matrix Tools & Solutions Tool Designer salaries

Last Updated: 12 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr

Similar Designation salaries in Matrix Tools & Solutions

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

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

Salary related reviews for Matrix Tools & Solutions

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 Designer Salary FAQs

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

Tool Designer salary at Matrix Tools & Solutions in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 4% more than the average Tool Designer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Matrix Tools & Solutions India.

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

The average salary of a Tool Designer at Matrix Tools & Solutions is 4% more than the average salary of a Tool Designer in India. To know exact salary insights, login to view.

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

Timken Tool Designer Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
Tata Advanced Systems Tool Designer Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year
Craftsman Automation Tool Designer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Connectwell Industries Tool Designer Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year

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

Wheels Tool Designer Salary - ₹1.8 Lakhs to ₹3.4 Lakhs per year

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

The estimated take-home salary of a Tool Designer at Matrix Tools & Solutions ranges between ₹23,427 per month to ₹24,889 per month in India. The take-home salary calculation is based on the average Matrix Tools & Solutions Tool Designer salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Matrix Tools & Solutions Tool Designers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Matrix Tools & Solutions Tool Designer Salaries

Matrix Tools & Solutions Tool Designer salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Matrix Tools & Solutions latest salaries received from various employees of Matrix Tools & Solutions.