Likes
1. Salary one time 2. Job security 3.working culture is too good 4. Seniors are too supportive 5. Who is looking to stay for long terms. It is too good for him
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Annual salary range
2 - 4 years exp.
₹3.5
Lakhs - ₹4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary51% less than the average Tool Engineer Salary in Industrial Machinery Companies for 2 - 4 years of experience
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Companies similar to Phoenix Mecano for Tool Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Siemens Tool Engineer Salary
5 - 9 years exp. (4 salaries) |  ₹3.4 L/yr - ₹10.9 L/yr 
108%
more | |
 Schneider Electric Tool Engineer Salary
0 - 2 years exp. (4 salaries) | ₹2.1 L/yr - ₹4 L/yr 
18%
less | |
Login to view exact salary
| ||
 Larsen & Toubro Limited Tool Engineer Salary
2 - 3 years exp. (3 salaries) | ₹1.2 L/yr - ₹5 L/yr
28%
less | |
 Molex Tool Engineer Salary
4 - 10 years exp. (44 salaries) | ₹4.2 L/yr - ₹9.7 L/yr
60%
more | |
 INTERPLEX Tool Engineer Salary
5 - 10 years exp. (25 salaries) | ₹3 L/yr - ₹5.4 L/yr
11%
more | |
Tool Engineer salary at Phoenix Mecano ranges between ₹3.5
Lakhs
to ₹4
Lakhs
per year for employees with experience between 2 years to 4 years. Salary
estimates are based on
4 latest salaries received
from various employees of Phoenix Mecano.
Latest annual salaries shared by Phoenix Mecano Tool Engineer
1y ago
3
years
exp.
1y ago
2
years
exp.
1y ago
3
years
exp.
1y ago
4
years
exp.
Experience wise Phoenix Mecano Tool Engineer salaries
Last Updated: 15 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹3.5
L/yr
- ₹6.6
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹1.5
L/yr
- ₹4
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹4
L/yr
- ₹7.2
L/yr
|
Similar Designation salaries in Phoenix Mecano
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Phoenix Mecano Tool Engineer Salary FAQs
What is the salary of Tool Engineer at Phoenix Mecano?
Tool Engineer salary at Phoenix Mecano in India ranges between ₹3.5 Lakhs to ₹4.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 51% less than the average Tool Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Phoenix Mecano India.
How does the salary of a Tool Engineer at Phoenix Mecano India compare with the average salary range for this job?
The average salary of a Tool Engineer at Phoenix Mecano is 51% less than the average salary of a Tool Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Phoenix Mecano to a Tool Engineer in India?
- Siemens Tool Engineer Salary - ₹3.4 Lakhs to ₹10.9 Lakhs per year
- Molex Tool Engineer Salary - ₹4.2 Lakhs to ₹9.7 Lakhs per year
- INTERPLEX Tool Engineer Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
What is the salary of a Tool Engineer in companies similar to Phoenix Mecano in India?
- Schneider Electric Tool Engineer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
- Larsen & Toubro Limited Tool Engineer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Tool Engineer at Phoenix Mecano in India?
The estimated take-home salary of a Tool Engineer at Phoenix Mecano ranges between ₹28,044 per month to ₹29,438 per month in India. The take-home salary calculation is based on the average Phoenix Mecano Tool Engineer salary in India which ranges between ₹3.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
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Phoenix Mecano Tool Engineer salary
in
India
ranges between ₹3.5
Lakhs to ₹4
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Phoenix Mecano latest salaries received from various employees of
Phoenix Mecano.