Otto-Hofstetter Ind Tool Maker Salaries by 4 Employees

2 - 5 years exp.

₹3 Lakhs - ₹4.8 Lakhs

Salary of majority employees

At par with the average Tool Maker Salary for 2 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 5 May 2024

Companies similar to Otto-Hofstetter Ind for Tool Maker

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Tool Maker Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 41% less
Tech Mahindra Tool Maker Salary 6 - 21 years exp. (3 salaries)	₹1.1 L/yr - ₹6 L/yr At par
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Micro Plastics Tool Maker Salary 2 - 8 years exp. (44 salaries)	₹2 L/yr - ₹4.8 L/yr 12% less	1 job opening
INTERPLEX Tool Maker Salary 0 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹7.2 L/yr 33% less
VASANTHA TOOL CRAFTS Tool Maker Salary 1 - 7 years exp. (36 salaries)	₹1.2 L/yr - ₹5 L/yr 33% less

Tool Maker salary at Otto-Hofstetter Ind ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Otto-Hofstetter Ind.

Experience wise Otto-Hofstetter Ind Tool Maker salaries

Last Updated: 5 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Otto-Hofstetter Ind

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Tool Room Engineer Salary

(4 salaries)

₹3.85 L/yr - ₹6.6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Design Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹8 L/yr

Top skills at Otto-Hofstetter Ind for Tool Maker

tool making Tool Design Tool Room Manufacturing Die Making Plastic Molding Cipet Tool Room Operations Mechanical Design Unigraphics NX 2D Drafting 3D Modeling Manufacturing Tool Room Business Development

Salary related reviews for Otto-Hofstetter Ind

Tool & DIE Maker in Bangalore Rural

Full Time

Quality Assurance Department

5.0

• posted on 19 Jul 2023

4.0

for Salary and Benefits

Likes

Excellent growth opportunities, Growing Company, Customer Centric, 100% OTD ensured, Huge investments being planned

Salary - Good

+5 more

Dislikes

At times to meet customer deliveries we are expected to work one or two hours (May be once in 15days)

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Otto-Hofstetter Ind Tool Maker Salary FAQs

What is the salary of Tool Maker at Otto-Hofstetter Ind ?

The average salary of a Tool Maker at Otto-Hofstetter Ind in India typically ranges from ₹3.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Tool Maker at Otto-Hofstetter Ind earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Tool Maker Salaries at Otto-Hofstetter Ind 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 Otto-Hofstetter Ind employees in India.

What is the estimated take home salary of a Tool Maker at Otto-Hofstetter Ind in India?

The estimated take-home salary of a Tool Maker at Otto-Hofstetter Ind in India typically ranges from ₹32,343 to ₹33,622 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 2 years to 5 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 Otto-Hofstetter Ind. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Tool Maker at Otto-Hofstetter Ind ?

To be a Tool Maker at Otto-Hofstetter Ind in india, the key skills required include:

- tool making
- Tool Design
- Tool Room
- Manufacturing
- Die Making

These skills are highly valued at Otto-Hofstetter Ind and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Otto-Hofstetter Ind for Tool Maker in India?

Tech Mahindra

₹1.1 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Tool Maker in companies similar to Otto-Hofstetter Ind in India?

The salary of a Tool Maker at companies similar to Otto-Hofstetter Ind in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Micro Plastics	₹2.0 Lakhs to ₹4.8 Lakhs per year
VASANTHA TOOL CRAFTS	₹1.2 Lakhs to ₹5.0 Lakhs per year
INTERPLEX	₹1.1 Lakhs to ₹7.2 Lakhs per year
Larsen & Toubro Limited	₹2.0 Lakhs to ₹2.8 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 Maker at Otto-Hofstetter Ind in India?

The salary growth for a Tool Maker at Otto-Hofstetter Ind depends on factors such as experience, performance, and promotions. On average, a Tool Maker can expect the following growth trajectory at Otto-Hofstetter Ind:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Otto-Hofstetter Ind Tool Maker Salaries

Otto-Hofstetter Ind Tool Maker salary in India ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Otto-Hofstetter Ind latest salaries received from various employees of Otto-Hofstetter Ind.