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Motherson Molds And Diecasting Tool Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹1.2 Lakh - ₹4.3 Lakhs
Salary of majority employees
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72% less than the average Tool Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Engineer Salary
1 - 4 years exp. (13 salaries)
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₹1.2 L/yr - ₹4.3 L/yr

Research & Development
Tool Engineer Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹3 L/yr

Last Updated: 9 Aug 2023

Companies similar to Motherson Molds And Diecasting for Tool Engineer

Company name Avg Annual Salary Open Jobs
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₹27 L/yr - ₹34.5 L/yr

arrow icon 1220% more
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Molex Tool Engineer Salary

4 - 10 years exp. (43 salaries)

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₹4.2 L/yr - ₹9.7 L/yr

arrow icon 160% more
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INTERPLEX Tool Engineer Salary

5 - 10 years exp. (25 salaries)

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₹3 L/yr - ₹5.4 L/yr

arrow icon 87% more
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INDO-MIM Tool Engineer Salary

4 - 14 years exp. (23 salaries)

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₹21 L/yr - ₹30 L/yr

arrow icon 834% more
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Mold-Masters Tool Engineer Salary

3 - 17 years exp. (15 salaries)

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₹27 L/yr - ₹34.5 L/yr

arrow icon 1220% more
Tool Engineer salary at Motherson Molds And Diecasting ranges between ₹1.2 Lakh to ₹4.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 17 latest salaries received from various employees of Motherson Molds And Diecasting.

Latest annual salaries shared by Motherson Molds And Diecasting Tool Engineer

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Experience wise Motherson Molds And Diecasting Tool Engineer salaries

Last Updated: 9 Aug 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
2 years  (6 salaries)

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₹1.2 L/yr - ₹3.4 L/yr
3 years  (6 salaries)

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₹2 L/yr - ₹4.3 L/yr
4 years  (3 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

Similar Designation salaries in Motherson Molds And Diecasting

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₹3.25 L/yr - ₹5.85 L/yr
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₹2 L/yr - ₹4.5 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹2.15 L/yr - ₹3.05 L/yr
Design Engineer Salary
(29 salaries)
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₹2 L/yr - ₹4.2 L/yr
Tool Maker Salary
(5 salaries)
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₹1.45 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹2.5 L/yr
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₹2.15 L/yr - ₹3.1 L/yr
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₹1.8 L/yr - ₹2.4 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Motherson Molds And Diecasting

3.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 10 Jan 2025

1.0
 for  Salary and Benefits

Likes

In this company, you have to learn on your own; no one helps you.

Dislikes

...urs in a day, with no Sundays or leaves, making work-life balance impossible. 3. Delayed Salary Increments: Salary hikes are often delayed, leaving employees feeling undervalued. 4. Unprofessional Treatment: The management's behavior makes employees feel like prisoners rather than valued team members. 5. High Mental Pressure: The constant stress and pressure from leadership severely impact employees’ mental health. Conclusion: Avoid this company at all costs, (Take it very very seriously). It is not a suitable workplace for anyone seeking growth or a positive environment.

read more
  • Salary - Bad
  • +6 more

Research & Development Department

5.0
  •  posted on 01 May 2019

3.0
 for  Salary and Benefits

Likes

Team work and support all Team to each other, work indipendent for skil development.

  • Skill development - Good
  • +4 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work12-14 hours. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the time.

read more

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 03 Feb 2021

1.0
 for  Salary and Benefits

Likes

...d culture. Teammates are supportive and the management is partially transparent. Company policies are not good, appraisals are not fair and they give less salary hike and No bonus every year.

read more
  • Skill development - Excellent

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 3 years before which you cannot resign. On the job NEEM training is given to new joinees.

read more
  • Salary - Bad
  • +5 more

Project Management Team Department

2.0
  •  posted on 20 May 2022

2.0
 for  Salary and Benefits

Likes

Nothing can be appreciated in this company.

Dislikes

No respect for female employees. Treats and pays the staffs as laborers. Salary is not decent and the career growth is low too. Work load is high. Nobody stays for more than 6 months to 1 year. No trainings provided, however reduces salary of the employees if they make any mistakes in the work. When company work is over, they give more work and won't allow to leave for home, even if it is a female employee,and no travel conveyance given.

read more
  • Salary - Poor
  • +6 more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 04 Nov 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
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Motherson Molds And Diecasting Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Motherson Molds And Diecasting ?
The average salary of a Tool Engineer at Motherson Molds And Diecasting in India typically ranges from ₹1.2 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Tool Engineer at Motherson Molds And Diecasting earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Tool Engineer Salaries at Motherson Molds And Diecasting 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 10+ Motherson Molds And Diecasting employees in India.
What is the estimated take home salary of a Tool Engineer at Motherson Molds And Diecasting in India?
The estimated take-home salary of a Tool Engineer at Motherson Molds And Diecasting in India typically ranges from ₹15,747 to ₹17,380 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 4 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 10+ salaries received from various employees of Motherson Molds And Diecasting. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Motherson Molds And Diecasting for Tool Engineer in India?
Aditya Auto Products & Engineering ₹27.0 Lakhs to ₹34.5 Lakhs per year
Mold-Masters ₹27.0 Lakhs to ₹34.5 Lakhs per year
INDO-MIM ₹21.0 Lakhs to ₹30.0 Lakhs per year
Molex ₹4.2 Lakhs to ₹9.7 Lakhs per year
INTERPLEX ₹3.0 Lakhs to ₹5.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Motherson Molds And Diecasting, depending on the role and experience level.
How the salary growth look like for a Tool Engineer at Motherson Molds And Diecasting in India?
The salary growth for a Tool Engineer at Motherson Molds And Diecasting depends on factors such as experience, performance, and promotions. On average, a Tool Engineer can expect the following growth trajectory at Motherson Molds And Diecasting:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹1.9 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.4 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.3 Lakhs per year
4 years ₹1.2 Lakhs to ₹4.3 Lakhs per year
and so on.

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Motherson Molds And Diecasting Tool Engineer salary in India ranges between ₹1.2 Lakh to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Motherson Molds And Diecasting latest salaries received from various employees of Motherson Molds And Diecasting.