MM Forgings CNC Setter Salaries by 4 Employees

5 - 15 years exp.

₹1.2 Lakh - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

10% less than the average CNC Setter Salary in Iron & Steel Companies for 5 - 15 years of experience

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Last Updated: 22 Jun 2024

Companies similar to MM Forgings for CNC Setter

Company name	Avg Annual Salary	Open Jobs
Shivam Autotech CNC Setter Salary 1 - 12 years exp. (30 salaries)	₹1.8 L/yr - ₹3.6 L/yr 5% more
Maini Precision Products CNC Setter Salary 2 - 10 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 50% more
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Micro Turners CNC Setter Salary 0 - 10 years exp. (19 salaries)	₹1.3 L/yr - ₹4 L/yr 9% less
Tata Electronics CNC Setter Salary 0 - 7 years exp. (13 salaries)	₹2.8 L/yr - ₹4.3 L/yr 39% more
Aquasub Engineering CNC Setter Salary 1 - 5 years exp. (12 salaries)	₹1.7 L/yr - ₹2.1 L/yr 23% less

CNC Setter salary at MM Forgings ranges between ₹1.2 Lakh to ₹3.3 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of MM Forgings.

Experience wise MM Forgings CNC Setter salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
10 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
15+ years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in MM Forgings

CNC Operator Salary

(14 salaries)

₹1.2 L/yr - ₹3 L/yr

Operator Salary

(4 salaries)

₹0.7 L/yr - ₹3 L/yr

Trainee Salary

(13 salaries)

₹1.1 L/yr - ₹2.5 L/yr

Supervisor Salary

(9 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Technician Salary

(3 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Plant Operator Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Hvac Technician Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Machine Operator Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Junior Engineer Salary

(28 salaries)

₹2 L/yr - ₹4 L/yr

Service Engineer Salary

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₹4.5 L/yr - ₹50 L/yr

Salary related reviews for MM Forgings

3.0

Rated by 1 employees for salary & benefits

Assistant Engineer in Chennai

Full Time

Project & Program Management Department

3.0

• posted on 03 Nov 2020

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teamates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal ate fair and they give salay home and bonus every year.

Skill development - Good

Dislikes

Salary is decent but career growth is slow.

Quality Inspector in Tiruchirappalli

Full Time

Media Production & Entertainment Department

2.0

• posted on 13 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing to say,

Dislikes

No salary increment, No bonus, didn't respect any talented persons work, and wont gave any appraisal and promote the person even if you does the work for 6 years. Very dominating manager.

Salary - Bad

+5 more

Quality Assurance Quality Control Engineer in Sivaganga

Quality Department

2.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Job security, Friendly people, Food is ok, salary on time no delay, provide accommodation and food, 8 hrs work, communication

Dislikes

Management is worst, Increament is very low compared to other companies, Doesn't provide any experience certificate, work environment is terrible, no transport facilities, low education knowledge is enough to work, career growth is poor.

Salary - Bad

+5 more

Mechanical Maintenance Engineer in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is Transparent .there is A Huge Cafeteria and Gaming Arcade For Chilling. Company Policies are Good, appraisal are fair and they Give Good Salary Hike and bonus Every Year

Salary - Excellent

+6 more

Dislikes

Politics......

Executive Assistant

MD's Office Department

1.0

• posted on 08 Sep 2018

3.0

for Salary and Benefits

Likes

Nothing to like working at MM Forgings

Dislikes

...istant/secretary. I mean there are 2 secretaries always in top heads department. Those who are joining as 2nd secretary, will lose his job at any time even though if he is a good performer and getting poor/average/high/very high salary and not like 1st secretaries who are working for more than 15 - 20 years. Management will not show any courtesy and will terminate these 2nd secretaries without any valid reason. My advice is if a person who is really having dependant and commitment to run his family with a salary getting from M M Forgings job, he should not join here with a planning of continuing in long run.

Skill development - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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MM Forgings CNC Setter Salary FAQs

What is the salary of CNC Setter at MM Forgings ?

The average salary of a CNC Setter at MM Forgings in India typically ranges from ₹1.2 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of CNC Setter at MM Forgings earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. CNC Setter Salaries at MM Forgings 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 MM Forgings employees in India.

What is the estimated take home salary of a CNC Setter at MM Forgings in India?

The estimated take-home salary of a CNC Setter at MM Forgings in India typically ranges from ₹17,166 to ₹18,871 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 5 years to 15 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 4 salaries received from various employees of MM Forgings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MM Forgings for CNC Setter in India?

Maini Precision Products	₹2.0 Lakhs to ₹5.0 Lakhs per year
Tata Electronics	₹2.8 Lakhs to ₹4.3 Lakhs per year
Shivam Autotech	₹1.8 Lakhs to ₹3.6 Lakhs per year

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

What is the salary of a CNC Setter in companies similar to MM Forgings in India?

The salary of a CNC Setter at companies similar to MM Forgings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Micro Turners	₹1.3 Lakhs to ₹4.0 Lakhs per year
Aquasub Engineering	₹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 CNC Setter at MM Forgings in India?

The salary growth for a CNC Setter at MM Forgings depends on factors such as experience, performance, and promotions. On average, a CNC Setter can expect the following growth trajectory at MM Forgings:

Experience	Average Salary Range
5 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
6 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
7 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
8 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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MM Forgings CNC Setter Salaries

MM Forgings CNC Setter salary in India ranges between ₹1.2 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MM Forgings latest salaries received from various employees of MM Forgings.