Newco Auto CNC Machine Setter Salaries by Employees

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₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 10 Dec 2023

Companies similar to Newco Auto for CNC Machine Setter

Company name	Avg Annual Salary	Open Jobs
IQS Systems and Engineers CNC Machine Setter Salary 2 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 12% more

CNC Machine Setter salary at Newco Auto ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Newco Auto.

Similar Designation salaries in Newco Auto

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₹2.5 L/yr - ₹3.2 L/yr

Production Engineer Salary

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₹2.3 L/yr - ₹2.9 L/yr

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Production Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Newco Auto

2.0

Rated by 1 employees for salary & benefits

Production Supervisor in Jamshedpur

Production Department

4.0

• posted on 22 Dec 2018

1.0

for Salary and Benefits

Likes

The company is open to auto parts manufacturing and readily adopts to apply latest technology. I love the fact that l am a part of a team that markets reliable, high quality products and has a country client base. As a result, l get travel country, especially to the hydrabad and Kharagpur. But on -site travel is completely dependent on our customer demand. Mine is a country based client and they have some offices in Mumbai, hence more time required to visit the place. Another plus point is that my colleagues come from various culture background, and we work happily in collaboration. I also like the employee rehire policy here.

Skill development - Excellent

+2 more

Dislikes

The management body built up some non- technical person ,their only duty to haras new person. They are old employee also in this company. They will neither shared, their ideas nor asked any valuable question.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Newco Auto CNC Machine Setter Salary FAQs

How the salary growth look like for a CNC Machine Setter at Newco Auto in India?

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

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Newco Auto CNC Machine Setter Salaries

Newco Auto CNC Machine Setter salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Newco Auto.