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Ray-hans Precision Tools Tool Maker salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹1.5 Lakh - ₹3 Lakhs
Salary of majority employees
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44% less than the average Tool Maker Salary for 2 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Maker Salary
2 - 6 years exp. (7 salaries)
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₹1.5 L/yr - ₹3 L/yr

Engineering - Hardware & Networks
Tool Maker Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹2.7 L/yr

Last Updated: 1 Jan 2025

Companies similar to Ray-hans Precision Tools for Tool Maker

Company name Avg Annual Salary Open Jobs
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Micro Plastics Tool Maker Salary

2 - 8 years exp. (44 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 52% more
1 job opening
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INTERPLEX Tool Maker Salary

0 - 7 years exp. (38 salaries)

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₹1.1 L/yr - ₹7.2 L/yr

arrow icon 15% more
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VASANTHA TOOL CRAFTS Tool Maker Salary

1 - 7 years exp. (36 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 15% more
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Nash Industries Tool Maker Salary

1 - 9 years exp. (33 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 23% more
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Mastercraft Engineers Tool Maker Salary

1 - 4 years exp. (27 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 11% more
Tool Maker salary at Ray-hans Precision Tools ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Ray-hans Precision Tools.

Latest annual salaries shared by Ray-hans Precision Tools Tool Maker

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Experience wise Ray-hans Precision Tools Tool Maker salaries

Last Updated: 1 Jan 2025

Experience Avg Annual Salary
2 years  (4 salaries)

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₹1.5 L/yr - ₹3 L/yr
3 years  (3 salaries)

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₹1.5 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.6 L/yr

Similar Designation salaries in Ray-hans Precision Tools

Tool Engineer Salary
(AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr
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₹1.2 L/yr - ₹3 L/yr
Trainee Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹2.5 L/yr - ₹3.4 L/yr
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₹2.4 L/yr - ₹6.2 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Ray-hans Precision Tools

1.6

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.

read more
  • 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

read more
  • 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).

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Ray-hans Precision Tools Tool Maker Salary FAQs

What is the salary of Tool Maker at Ray-hans Precision Tools ?
The average salary of a Tool Maker at Ray-hans Precision Tools in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Tool Maker at Ray-hans Precision Tools earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Tool Maker 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 9 Ray-hans Precision Tools employees in India.
What is the estimated take home salary of a Tool Maker at Ray-hans Precision Tools in India?
The estimated take-home salary of a Tool Maker at Ray-hans Precision Tools in India typically ranges from ₹17,671 to ₹19,369 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 9 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 Tool Maker in India?
Micro Plastics ₹2.0 Lakhs to ₹4.8 Lakhs per year
Nash Industries ₹1.8 Lakhs to ₹4.1 Lakhs per year
VASANTHA TOOL CRAFTS ₹1.2 Lakhs to ₹5.0 Lakhs per year
INTERPLEX ₹1.1 Lakhs to ₹7.2 Lakhs per year
Mastercraft Engineers ₹1.8 Lakhs to ₹4.1 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.
How the salary growth look like for a Tool Maker at Ray-hans Precision Tools in India?
The salary growth for a Tool Maker at Ray-hans Precision Tools depends on factors such as experience, performance, and promotions. On average, a Tool Maker can expect the following growth trajectory at Ray-hans Precision Tools:

Experience Average Salary Range
2 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.5 Lakhs to ₹2.7 Lakhs per year
4 years ₹1.0 Lakhs to ₹3.0 Lakhs per year
5 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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Ray-hans Precision Tools Tool Maker salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Ray-hans Precision Tools latest salaries received from various employees of Ray-hans Precision Tools.