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Ray-hans Precision Tools Junior Engineer salaries in India

Annual salary range
2 - 5 years exp.
₹2.5 Lakhs - ₹3.4 Lakhs
Salary of majority employees
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12% less than the average Junior Engineer Salary for 2 - 5 years of experience

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Salaries in different departments

Research & Development
Junior Engineer Salary
2 - 4 years exp. (3 salaries)
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₹3 L/yr - ₹3.3 L/yr

Sales & Business Development
Junior Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 22 Jun 2024

Companies similar to Ray-hans Precision Tools for Junior Engineer

Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹12.9 L/yr

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Ministry of Home Affairs Junior Engineer Salary

0 - 5 years exp. (244 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 28% less
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Maxxis Rubber Junior Engineer Salary

2 - 8 years exp. (127 salaries)

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₹2.7 L/yr - ₹5 L/yr

arrow icon 29% more
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Kiswok Industries Junior Engineer Salary

0 - 5 years exp. (102 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 28% less
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Seoyon E-hwa Automotive Junior Engineer Salary

5 - 10 years exp. (80 salaries)

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₹3.3 L/yr - ₹7.1 L/yr

arrow icon 70% more
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Indorama Junior Engineer Salary

2 - 8 years exp. (31 salaries)

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₹4.1 L/yr - ₹6.6 L/yr

arrow icon 75% more
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TCL Junior Engineer Salary

0 - 3 years exp. (15 salaries)

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₹2.7 L/yr - ₹4.2 L/yr

arrow icon 3% more
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₹2.2 L/yr - ₹5 L/yr

arrow icon 23% more
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Marelli Junior Engineer Salary

3 - 8 years exp. (10 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 19% more
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UTL Solar Junior Engineer Salary

3 - 4 years exp. (6 salaries)

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₹1.7 L/yr - ₹3.2 L/yr

arrow icon 1% more
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Huawei Technologies Junior Engineer Salary

2 - 4 years exp. (6 salaries)

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₹2 L/yr - ₹6.6 L/yr

arrow icon 36% more
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Signature Global Junior Engineer Salary

3 - 6 years exp. (4 salaries)

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₹3.6 L/yr - ₹4 L/yr

arrow icon 22% more
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Tagros Chemicals Junior Engineer Salary

2 - 6 years exp. (4 salaries)

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₹1.2 L/yr - ₹5 L/yr

At par
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Creambell Junior Engineer Salary

1 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 7% less
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Symbiotec Pharmalab Junior Engineer Salary

2 - 7 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 16% less
Junior Engineer salary at Ray-hans Precision Tools ranges between ₹2.5 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Ray-hans Precision Tools.

Latest annual salaries shared by Ray-hans Precision Tools Junior Engineer

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Experience wise Ray-hans Precision Tools Junior Engineer salaries

Last Updated: 22 Jun 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.4 L/yr

Similar Designation salaries in Ray-hans Precision Tools

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₹1.6 L/yr - ₹2.1 L/yr
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₹5 L/yr - ₹6 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(3 salaries)
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₹6.3 L/yr - ₹6.5 L/yr
Project Coordinator Salary
(AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.5 L/yr

Salary related reviews for Ray-hans Precision Tools

3.1

Rated by 2 employees for salary & benefits

Tool Room Department

2.0
  •  posted on 27 May 2018

1.0
 for  Salary and Benefits

Likes

Since kochi is my home town the only advantage is that i can stay home.

Dislikes

...emly low without any resonable increament ( last increment was in the year 2016. Another unheard practice followed my the management is holding some major components of the salary like LTA and leave encashment since 2015 ...Also the remaining available peanuts( salary) are paid in installment ..One of the major reason ppl get trapped in here is the lack of oppertunity localy .. Bottom line is its a worthy place for employees with eperience upto 2- 3 yrs experience since this is one of the best training ground for tool room related people where u will get max exposure ... But any plan to continue more than 3 year in Ray-Hans is a suicide...

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 02 Apr 2024

1.0
 for  Salary and Benefits

Likes

New management is very bad, killing the company. Huge debt. No salary. Leave encashment for more than 30 days not paid after years. Pf contribution not paying by simply fooling epfo and Indian companies acts. However company following tyco system, German touch makes the company unique.

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Dislikes

No on time salary. No increment after lots of tools done.

  • Salary - Bad
  • +5 more

Full Time

 · 

UX, Design & Architecture Department

4.0
  •  posted on 12 Jun 2022

2.0
 for  Salary and Benefits

Likes

...re and suportive uplifting teammates. The current managemt is poor for freshers. salary hike is not in every year.

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  • Skill development - Excellent
  • +4 more

Dislikes

All other things are good. the only thing is they are not giving salary hike for me.

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  • Salary - Poor
  • +1 more

Other Department

1.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

... like here work culture, management have three types of partiality to employees. Union employees have salary is very high and they give overtime amount also,the second stage company management staffs they also give good salary. Third step is non permanent staffs, they are hard workers , management know about that..they didn't get increment past 6 years

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Dislikes

I have dedication to all kind of work, but this company has spoiled me and other mostly employees dedication, quality is not good of all projects

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  • Salary - Bad
  • +6 more

Tool Room Department

4.0
  •  posted on 09 Jan 2022

3.0
 for  Salary and Benefits

Likes

Being an old German MNC (TE Connectivity), the company has the best in class procedures and systems in place . The work is standardized and properly defined- you have to just do it. Good work life balance guaranteed.

read more
  • Job security - Good
  • +4 more

Dislikes

Some people have too much free time- they spread negativity and rumors which may upset you. The MD of the group is an old styled boss, can create headache sometimes (Luckily he visits rarely).

read more
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Ray-hans Precision Tools Junior Engineer Salary FAQs

What is the salary of Junior Engineer at Ray-hans Precision Tools ?
The average salary of a Junior Engineer at Ray-hans Precision Tools in India typically ranges from ₹2.5 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Junior Engineer at Ray-hans Precision Tools earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Junior Engineer Salaries at Ray-hans Precision Tools 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 5 Ray-hans Precision Tools employees in India.
What is the estimated take home salary of a Junior Engineer at Ray-hans Precision Tools in India?
The estimated take-home salary of a Junior Engineer at Ray-hans Precision Tools in India typically ranges from ₹21,906 to ₹23,391 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 5 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 5 salaries received from various employees of Ray-hans Precision Tools. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Ray-hans Precision Tools for Junior Engineer in India?
IVTL Infoview Technologies ₹7.0 Lakhs to ₹12.9 Lakhs per year
Indorama ₹4.1 Lakhs to ₹6.6 Lakhs per year
Seoyon E-hwa Automotive ₹3.3 Lakhs to ₹7.1 Lakhs per year
Huawei Technologies ₹2.0 Lakhs to ₹6.6 Lakhs per year
Maxxis Rubber ₹2.7 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ray-hans Precision Tools, depending on the role and experience level.
What is the salary of a Junior Engineer in companies similar to Ray-hans Precision Tools in India?
The salary of a Junior Engineer at companies similar to Ray-hans Precision Tools in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lea Associates South Asia ₹2.2 Lakhs to ₹5.0 Lakhs per year
Signature Global ₹3.6 Lakhs to ₹4.0 Lakhs per year
Marelli ₹2.4 Lakhs to ₹6.3 Lakhs per year
TCL ₹2.7 Lakhs to ₹4.2 Lakhs per year
UTL Solar ₹1.7 Lakhs to ₹3.2 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 Junior Engineer at Ray-hans Precision Tools in India?
The salary growth for a Junior Engineer at Ray-hans Precision Tools depends on factors such as experience, performance, and promotions. On average, a Junior Engineer can expect the following growth trajectory at Ray-hans Precision Tools:

Experience Average Salary Range
2 years ₹1.1 Lakhs to ₹3.3 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.3 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.6 Lakhs per year
5 years ₹1.3 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Ray-hans Precision Tools Junior Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Ray-hans Precision Tools latest salaries received from various employees of Ray-hans Precision Tools.