Newtech auto Components CNC Setter Salaries by 6 Employees

3 - 7 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average CNC Setter Salary for 3 - 7 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering CNC Setter Salary 5 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr
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Customer Success, Service & Operations CNC Setter Salary 6 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 24 Mar 2024

Companies similar to Newtech auto Components for CNC Setter

Company name	Avg Annual Salary	Open Jobs
Shivam Autotech CNC Setter Salary 1 - 10 years exp. (30 salaries)	₹1.6 L/yr - ₹4.5 L/yr 29% more
Maini Precision Products CNC Setter Salary 2 - 10 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 58% more
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Micro Turners CNC Setter Salary 0 - 10 years exp. (19 salaries)	₹1.3 L/yr - ₹4 L/yr 4% less
Tata Electronics CNC Setter Salary 0 - 7 years exp. (13 salaries)	₹2.8 L/yr - ₹4.3 L/yr 47% more
Aquasub Engineering CNC Setter Salary 1 - 4 years exp. (12 salaries)	₹1.7 L/yr - ₹2.1 L/yr 19% less

CNC Setter salary at Newtech auto Components ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Newtech auto Components.

Experience wise Newtech auto Components CNC Setter salaries

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.7 L/yr

Similar Designation salaries in Newtech auto Components

CNC Operator Salary

(3 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Operator Salary

(5 salaries)

₹1.25 L/yr - ₹2.5 L/yr

Supervisor Salary

(3 salaries)

₹2 L/yr - ₹2.8 L/yr

Machine Operator Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Junior Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹4.08 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Production Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Production Supervisor Salary

(4 salaries)

₹2.5 L/yr - ₹3.2 L/yr

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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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Newtech auto Components CNC Setter Salary FAQs

What is the salary of CNC Setter at Newtech auto Components ?

The average salary of a CNC Setter at Newtech auto Components in India typically ranges from ₹2.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of CNC Setter at Newtech auto Components earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. CNC Setter Salaries at Newtech auto Components 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 6 Newtech auto Components employees in India.

What is the estimated take home salary of a CNC Setter at Newtech auto Components in India?

The estimated take-home salary of a CNC Setter at Newtech auto Components in India typically ranges from ₹16,176 to ₹17,845 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 6 salaries received from various employees of Newtech auto Components. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Newtech auto Components 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	₹1.6 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a CNC Setter in companies similar to Newtech auto Components in India?

The salary of a CNC Setter at companies similar to Newtech auto Components 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 Newtech auto Components in India?

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

Experience	Average Salary Range
3 years	₹2.1 Lakhs to ₹2.1 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.4 Lakhs per year
6 years	₹1.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Newtech auto Components CNC Setter Salaries

Newtech auto Components CNC Setter salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Newtech auto Components latest salaries received from various employees of Newtech auto Components.