Racer Tooling Industries Assistant Manager Tool Room Salaries by 2 Employees

14 - 15 years exp.

₹5.4 Lakhs - ₹6.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 15 Feb 2024

Companies similar to Racer Tooling Industries for Assistant Manager Tool Room

Company name	Avg Annual Salary	Open Jobs
Can-Pack Assistant Manager Tool Room Salary 6 - 10 years exp. (6 salaries)	₹7.2 L/yr - ₹15.3 L/yr 80% more
UNO Minda Assistant Manager Tool Room Salary 5 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8.1 L/yr 8% less
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Belrise Industries Assistant Manager Tool Room Salary 10 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹8.3 L/yr 12% more
Pidilite Industries Assistant Manager Tool Room Salary 8 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹9.8 L/yr 40% more
Apollo Pipes Assistant Manager Tool Room Salary 5 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹8.6 L/yr 15% more

Assistant Manager Tool Room salary at Racer Tooling Industries ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with experience between 14 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Racer Tooling Industries.

Similar Designation salaries in Racer Tooling Industries

Tool Room Head Salary

(4 salaries)

₹5.2 L/yr - ₹7.2 L/yr

Senior Tool Maker Salary

(4 salaries)

₹3.2 L/yr - ₹6 L/yr

Quality Engineer Salary

(4 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Tool Engineer Salary

(3 salaries)

₹3.2 L/yr - ₹3.7 L/yr

Tool Maker Salary

(3 salaries)

₹3.2 L/yr - ₹3.6 L/yr

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

VMC Setter Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

NPD Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Junior Quality Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

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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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Racer Tooling Industries Assistant Manager Tool Room Salary FAQs

How the salary growth look like for a Assistant Manager Tool Room at Racer Tooling Industries in India?

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

Experience	Average Salary Range
14 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
15 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Racer Tooling Industries Assistant Manager Tool Room Salaries

Racer Tooling Industries Assistant Manager Tool Room salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Racer Tooling Industries.