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Annual salary range
3 - 8 years exp.
₹1.8
Lakh - ₹2.4
Lakhs
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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 salary59% less than the average Tool Engineer Salary in Industrial Machinery Companies for 3 - 8 years of experience
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Salaries in different departments
Research & Development
Tool Engineer Salary
5 - 8
years
exp.
(3
salaries)
|  ₹2.2 L/yr - ₹2.4 L/yr |
Login to view exact salary
| |
Project & Program Management
Tool Engineer Salary
3
years
exp.
(AmbitionBox Estimate)
| ₹1.6 L/yr - ₹2 L/yr |
Companies similar to PRECISION MACHINE AND AUTO COMPONENTS for Tool Engineer in Chennai
PRECISION MACHINE AND AUTO COMPONENTS
Tool Engineer Salary
3 - 8 years exp. (4 salaries) |  ₹1.8 L/yr - ₹2.4 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 INTERPLEX Tool Engineer Salary
5 - 10 years exp. (16 salaries) | ₹3 L/yr - ₹5.4 L/yr 
102%
more | |
 Magna International Tool Engineer Salary
7 - 12 years exp. (8 salaries) | ₹4.1 L/yr - ₹6.7 L/yr
130%
more | |
Login to view exact salary
| ||
 Ramsays Corporation Tool Engineer Salary
2 - 6 years exp. (5 salaries) | ₹2 L/yr - ₹3.7 L/yr
41%
more | |
 SMR Automotive Systems India Tool Engineer Salary
5 - 6 years exp. (4 salaries) | ₹3.2 L/yr - ₹5.7 L/yr
101%
more | |
 Mando Automotive Tool Engineer Salary
4 - 7 years exp. (4 salaries) | ₹3.1 L/yr - ₹3.6 L/yr
51%
more | |
Tool Engineer salary at PRECISION MACHINE AND AUTO COMPONENTS ranges between ₹1.8
Lakh
to ₹2.4
Lakhs
per year for employees with experience between 3 years to 8 years. Salary
estimates are based on
4 latest salaries received
from various employees of PRECISION MACHINE AND AUTO COMPONENTS.
Latest annual salaries shared by PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer in Chennai
1y ago
8
years
exp.
1y ago
5
years
exp.
1y ago
6
years
exp.
1y ago
3
years
exp.
Experience wise PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer salaries in Chennai
Last Updated: 13 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹1.6
L/yr
- ₹2.1
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹2.5
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹1.9
L/yr
- ₹2.5
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹2.8
L/yr
|
Similar Designation salaries in PRECISION MACHINE AND AUTO COMPONENTS
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2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer Salary FAQs
What is the salary of Tool Engineer at PRECISION MACHINE AND AUTO COMPONENTS Chennai?
Tool Engineer salary at PRECISION MACHINE AND AUTO COMPONENTS in Chennai ranges between ₹1.8 Lakhs to ₹2.4 Lakhs for experience between 3 years to 8 years. According to our estimates it is 59% less than the average Tool Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of PRECISION MACHINE AND AUTO COMPONENTS Chennai.
How does the salary of a Tool Engineer at PRECISION MACHINE AND AUTO COMPONENTS Chennai compare with the average salary range for this job?
The average salary of a Tool Engineer at PRECISION MACHINE AND AUTO COMPONENTS is 59% less than the average salary of a Tool Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than PRECISION MACHINE AND AUTO COMPONENTS to a Tool Engineer in Chennai?
- Magna International Tool Engineer Salary - ₹4.1 Lakhs to ₹6.7 Lakhs per year
- INTERPLEX Tool Engineer Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
- SMR Automotive Systems India Tool Engineer Salary - ₹3.2 Lakhs to ₹5.7 Lakhs per year
- Mando Automotive Tool Engineer Salary - ₹3.1 Lakhs to ₹3.6 Lakhs per year
- Ramsays Corporation Tool Engineer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
What is the estimated take home salary of a Tool Engineer at PRECISION MACHINE AND AUTO COMPONENTS in Chennai?
The estimated take-home salary of a Tool Engineer at PRECISION MACHINE AND AUTO COMPONENTS ranges between ₹14,767 per month to ₹16,314 per month in Chennai. The take-home salary calculation is based on the average PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer salary in India which ranges between ₹1.8 Lakhs to ₹2.4 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
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- PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer Salaries in Chennai
PRECISION MACHINE AND AUTO COMPONENTS Tool Engineer salary
in
Chennai
ranges between ₹1.8
Lakh to ₹2.4
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
PRECISION MACHINE AND AUTO COMPONENTS latest salaries received from various employees of
PRECISION MACHINE AND AUTO COMPONENTS.