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Ray-hans Precision Tools Salaries in Kochi

based on 52 latest salaries
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Production, Manufacturing & Engineering Project & Program Management
Designation Avg Annual Salary Open Jobs
2 - 6 years exp. · Kochi (5 salaries)
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₹1.5 L/yr - ₹2.6 L/yr

2 - 4 years exp. · Kochi (4 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

7 - 8 years exp. · Kochi (3 salaries)
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₹5 L/yr - ₹6 L/yr

13 - 15 years exp. · Kochi (3 salaries)
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₹6.3 L/yr - ₹6.5 L/yr

1 - 2 years exp. · Kochi (3 salaries)
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₹2 L/yr - ₹2.6 L/yr

2 - 5 years exp. · Kochi (3 salaries)
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₹1.5 L/yr - ₹2 L/yr

2 - 8 years exp. · Kochi (3 salaries)
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₹1.2 L/yr - ₹3 L/yr

12 - 14 years exp. · Kochi (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.6 L/yr

9 - 13 years exp. · Kochi (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

12 - 18 years exp. · Kochi (AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

3 - 4 years exp. · Kochi (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

3 - 8 years exp. · Kochi (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

8 - 9 years exp. · Kochi (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

8 years exp. · Kochi (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

16 years exp. · Kochi (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

4 years exp. · Kochi (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

29 years exp. · Kochi (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

3 years exp. · Kochi (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

1 year exp. · Kochi (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr

9 years exp. · Kochi (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Last Updated: 4 Jun, 2024

Salary related reviews for Ray-hans Precision Tools

2.2

Rated by 14 employees for salary & benefits

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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Dislikes

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

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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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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...

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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.

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.

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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).

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Ray-hans Precision Tools Salary FAQs

How much does Ray-hans Precision Tools pay per year?
The average Ray-hans Precision Tools salary ranges from approximately ₹1.2 Lakh to ₹3 Lakhs per year for a Tool & DIE Maker and ₹2.5 Lakhs to ₹3.4 Lakhs per year for a Junior Engineer. Salary estimates are based on 52 Ray-hans Precision Tools salaries received from various employees of Ray-hans Precision Tools. Ray-hans Precision Tools employees rate the overall salary and benefits package 2.2/5 stars.
What is the highest salary in Ray-hans Precision Tools?
The highest-paying job at Ray-hans Precision Tools is a Junior Engineer with a salary of ₹2.5 Lakhs to ₹3.4 Lakhs per year. The top 10% of employees earn more than ₹6.34 lakhs per year. The top 1% earn more than a whopping ₹34.44 lakhs per year.
What is the minimum salary in Ray-hans Precision Tools?
Minimum salary at Ray-hans Precision Tools depends on the role you are applying for. For Quality Engineer the minimum salary is ₹1.8 Lakh to ₹1.8 Lakh per year, and for Tool & DIE Maker the minimum salary is ₹1.2 Lakh to ₹3 Lakhs per year and so on.
What is the notice period at Ray-hans Precision Tools in Kochi?
According to AmbitionBox, 63% of the Ray-hans Precision Tools employees in Kochi reported a notice period of 1 Month, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Average annual salary in Ray-hans Precision Tools , Kochi is INRunlock blur . Salary estimates are based on 52 Ray-hans Precision Tools latest salaries received from various employees of Ray-hans Precision Tools.

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