Pennar Industries Tool Room Engineer Salaries by 4 Employees

3 - 6 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Tool Room Engineer Salary in Engineering & Construction Companies for 3 - 6 years of experience

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Last Updated: 6 Aug 2024

Companies similar to Pennar Industries for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Tube Investments of India Tool Room Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹2.9 L/yr 38% less
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (48 salaries)	₹2.1 L/yr - ₹5 L/yr 32% more	1 job opening
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Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 9 years exp. (47 salaries)	₹2 L/yr - ₹7.2 L/yr 33% more
Varroc Group Tool Room Engineer Salary 2 - 8 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 27% more
Force Motors Tool Room Engineer Salary 1 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹8 L/yr 36% more

Tool Room Engineer salary at Pennar Industries ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Pennar Industries.

Experience wise Pennar Industries Tool Room Engineer salaries

Last Updated: 6 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.7 L/yr

Similar Designation salaries in Pennar Industries

Senior Engineer Salary

(113 salaries)

₹3 L/yr - ₹7.6 L/yr

Quality Engineer Salary

(87 salaries)

₹1.8 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(45 salaries)

₹2 L/yr - ₹4 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹3 L/yr

Executive Engineer Salary

(4 salaries)

₹2.9 L/yr - ₹4.7 L/yr

Design Engineer Salary

(46 salaries)

₹2.2 L/yr - ₹7.3 L/yr

Mechanical Engineer Salary

(38 salaries)

₹1.65 L/yr - ₹4.2 L/yr

Tool & DIE Maker Salary

(3 salaries)

₹2.4 L/yr - ₹5 L/yr

Tool Maker Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

CNC Programmer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for Pennar Industries

1.0

Rated by 1 employees for salary & benefits

Tool Room Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Aug 2024

1.0

for Salary and Benefits

Likes

Flexible and safe work place. Respects individual ideas and explores every idea benefiting the organization.

Skill development - Good

+1 more

Dislikes

This company give me a low salary. My career growth is no improvement in this company. My present salary is very low to maintain my family expenses.

Salary - Bad

+2 more

Quality Engineer in Isnapur Sanga Reddy Tealngana

Production, Manufacturing & Engineering Department

3.0

• posted on 20 Jun 2020

4.0

for Salary and Benefits

Likes

.my teammates members are very supportive & create a good environment of work. But In this lockdown company is not paying to our full salary of months. Politics have also involved with your job promotion.

Salary - Good

+2 more

Dislikes

In this company learning thing very bad no any proper guidelines to trainee. Growth rate very low of your job perfermance.

Work-life balance - Poor

Deputy Manager in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Jul 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. The management is transparent and supportive, Company policies are good, There is a huge cafeteria and gamming arcade for chilling, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management does not address our issues. Salary is decent but career growth is slow. There is a bond of 3 years before which I can't resign. On the job training is not given to new joinees.

Assistant Manager - Production in Hyderabad / Secunderabad

Full Time

Media Production & Entertainment Department

3.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Work Life Balance

Skill development - Excellent

+3 more

Dislikes

...ugh they don't bother about others. But there is no financial issues in company. For every 2-3 years you will get increments with different structures in salary.

Company culture - Poor

Assistant Manager Finance in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

No pressure on time

Dislikes

No bonus No increment No promotion One person with good contact can have promotion every two years but another person receive promotion only after 10 years No proper support from HR Old and outdated laptops are used

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Pennar Industries Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Pennar Industries ?

The average salary of a Tool Room Engineer at Pennar Industries in India typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Tool Room Engineer at Pennar Industries earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Tool Room Engineer Salaries at Pennar Industries 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 Pennar Industries employees in India.

What is the estimated take home salary of a Tool Room Engineer at Pennar Industries in India?

The estimated take-home salary of a Tool Room Engineer at Pennar Industries in India typically ranges from ₹21,027 to ₹22,675 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 6 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 Pennar Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Pennar Industries for Tool Room Engineer in India?

Force Motors	₹1.4 Lakhs to ₹8.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.0 Lakhs to ₹7.2 Lakhs per year
Shaily Engineering Plastics Ltd	₹2.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group	₹2.7 Lakhs to ₹5.1 Lakhs per year

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

What is the salary of a Tool Room Engineer in companies similar to Pennar Industries in India?

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

Tube Investments of India

₹1.1 Lakhs to ₹2.9 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 Room Engineer at Pennar Industries in India?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years	₹1.3 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.6 Lakhs to ₹6.7 Lakhs per year

and so on.

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Pennar Industries Tool Room Engineer Salaries

Pennar Industries Tool Room Engineer salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pennar Industries latest salaries received from various employees of Pennar Industries.