Racer Tooling Industries Tool & DIE Maker Salaries by 2 Employees

1 - 2 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

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Last Updated: 13 Nov 2024

Companies similar to Racer Tooling Industries for Tool & DIE Maker

Company name	Avg Annual Salary	Open Jobs
Sigma Electric Manufacturing Corporation Tool & DIE Maker Salary 0 - 4 years exp. (6 salaries)	₹1.5 L/yr - ₹3.1 L/yr 27% less
Lakshmi Machine Works Tool & DIE Maker Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 4% less
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Prabha Industries Tool & DIE Maker Salary 0 - 7 years exp. (24 salaries)	₹2 L/yr - ₹5 L/yr 7% more
Mahindra & Mahindra Tool & DIE Maker Salary 0 - 7 years exp. (24 salaries)	₹2 L/yr - ₹4.2 L/yr 1% more
INDO-MIM Tool & DIE Maker Salary 0 - 5 years exp. (24 salaries)	₹1.1 L/yr - ₹5 L/yr 12% less

Tool & DIE Maker salary at Racer Tooling Industries ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 2 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 Maker Salary

(3 salaries)

₹3.2 L/yr - ₹3.6 L/yr

Tool Engineer Salary

(3 salaries)

₹3.2 L/yr - ₹3.7 L/yr

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Senior Engineer Salary

(4 salaries)

₹3.3 L/yr - ₹6 L/yr

VMC Programmer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Quality Engineer Salary

(4 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Design Engineer Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

VMC Operator Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 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 Tool & DIE Maker Salary FAQs

How the salary growth look like for a Tool & DIE Maker at Racer Tooling Industries in India?

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

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹1.4 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Racer Tooling Industries Tool & DIE Maker Salaries

Racer Tooling Industries Tool & DIE Maker salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs. This is an estimate based on latest salaries received from employees of Racer Tooling Industries.