Nrk Engineers Tool Design Engineer Salaries by 4 Employees

1 - 4 years exp.

₹2 Lakhs - ₹5.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Tool Design Engineer Salary for 1 - 4 years of experience

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Last Updated: 28 Dec 2023

Companies similar to Nrk Engineers for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Design Engineer Salary 2 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 101% more
Larsen & Toubro Limited Tool Design Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 29% less
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Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 21% more
Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 31% more
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 42% less

Tool Design Engineer salary at Nrk Engineers ranges between ₹2 Lakhs to ₹5.4 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 Nrk Engineers.

Experience wise Nrk Engineers Tool Design Engineer salaries

Last Updated: 28 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

Similar Designation salaries in Nrk Engineers

Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

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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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Nrk Engineers Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Nrk Engineers ?

The average salary of a Tool Design Engineer at Nrk Engineers in India typically ranges from ₹2.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Tool Design Engineer at Nrk Engineers earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Tool Design Engineer Salaries at Nrk Engineers 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 Nrk Engineers employees in India.

What is the estimated take home salary of a Tool Design Engineer at Nrk Engineers in India?

The estimated take-home salary of a Tool Design Engineer at Nrk Engineers in India typically ranges from ₹28,326 to ₹29,715 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.4 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 4 salaries received from various employees of Nrk Engineers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nrk Engineers for Tool Design Engineer in India?

Tech Mahindra	₹4.2 Lakhs to ₹13.0 Lakhs per year
Lucas-TVS	₹4.0 Lakhs to ₹6.5 Lakhs per year
Tata Advanced Systems	₹3.0 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Tool Design Engineer in companies similar to Nrk Engineers in India?

The salary of a Tool Design Engineer at companies similar to Nrk Engineers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited	₹2.4 Lakhs to ₹3.6 Lakhs per year
Brakes India	₹1.1 Lakhs to ₹6.2 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 Tool Design Engineer at Nrk Engineers in India?

The salary growth for a Tool Design Engineer at Nrk Engineers depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Nrk Engineers:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹4.9 Lakhs to ₹6.2 Lakhs per year

and so on.

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Nrk Engineers Tool Design Engineer Salaries

Nrk Engineers Tool Design Engineer salary in India ranges between ₹2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nrk Engineers latest salaries received from various employees of Nrk Engineers.