Salzer Electronics Coimbatore Tool Maker Salaries by 5 Employees

5 - 10 years exp.

₹1.9 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Tool Maker Salary in Electrical Equipment Companies for 5 - 10 years of experience

Interested in this particular role?

Last Updated: 6 Sep 2024

Companies similar to Salzer Electronics for Tool Maker in Coimbatore

Salzer Electronics Tool Maker Salary

5 - 10 years exp. (5 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
G Plast Tool Maker Salary 1 - 8 years exp. (13 salaries)	₹1 L/yr - ₹4 L/yr 4% more	1 job opening
Excel Plast Tool Maker Salary 0 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹5 L/yr 63% more
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Manoj Engineering Works Tool Maker Salary 4 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹4 L/yr 53% more
Watertec India Tool Maker Salary 1 - 8 years exp. (7 salaries)	₹1.2 L/yr - ₹4.3 L/yr 33% more
L.G.Balakrishnan & Bros Tool Maker Salary 1 - 4 years exp. (5 salaries)	₹1.3 L/yr - ₹3.1 L/yr 8% less

Tool Maker salary at Salzer Electronics ranges between ₹1.9 Lakh to ₹3.6 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Salzer Electronics.

Experience wise Salzer Electronics Tool Maker salaries in Coimbatore

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Salzer Electronics

Design Engineer Salary

(21 salaries)

₹1.4 L/yr - ₹4.5 L/yr

Assistant Engineer Salary

(16 salaries)

₹2.15 L/yr - ₹3.6 L/yr

Senior Engineer Salary

(5 salaries)

₹4 L/yr - ₹7.1 L/yr

Junior Engineer Salary

(5 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Supervisor Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Operator Salary

(3 salaries)

₹1.6 L/yr - ₹4.2 L/yr

Salary related reviews for Salzer Electronics

3.0

Rated by 1 employees for salary & benefits

Quality Control Analyst in Karamadai

Full Time

CSR & Social Service Department

2.0

• posted on 16 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing to like Salzer

Dislikes

Worst company in coimbatore Salzer I work past one year. Low salary and no respect. Managers and supervisors treat like a uneducated persons. So pls don't join Salzer Electronics

Salary - Bad

+5 more

Engineer- Customer Support in Coimbatore

Research & Development Department

3.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

tension free & stress free atmosphere.nothing more to like.u can develop your skills on your own.and the freedom can be given to implement ,to do trials what you want to learn

Job security - Excellent

Dislikes

decent salary hike,appreciation,recognition.training,skill development,designation dont even to think about this.culture would be like freshers will be getting more salary compared to experience candidates.

Salary - Bad

+3 more

Periyanaiken Palayam in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Dec 2021

3.0

for Salary and Benefits

Likes

This is contract bassed working company canteen food are very good and work satisfaction is ok but salary is to average that's all

Skill development - Good

+1 more

Dislikes

They given over time more then 6 hrs and monthly 3 sundays working days

Job security - Poor

+1 more

Customer Support Executive in Coimbatore

Customer Service Department

3.0

• posted on 22 Sep 2021

2.0

for Salary and Benefits

Likes

I worked as a customer support engineer for 7 years. I will be a decision-maker in my work. job wise satisfactory.the freedom will be given for learning & upgrade urself..

Skill development - Good

+1 more

Dislikes

Salary& growth very poor.u won't even get the appreciation. more politics will won't allow u to get the management attention.

Salary - Poor

+3 more

Product Development Engineer in COIMABATORE

Transformer Department

4.0

• posted on 20 Jul 2021

3.0

for Salary and Benefits

Likes

...e, how to develop a various kind of new product (Transformer, cables, switches). Don't except too much salary ,try to join for career growth.

Skill development - Excellent

+5 more

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Salary Discussions, Hike & Promotions

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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Salzer Electronics Tool Maker Salary FAQs

What is the salary of Tool Maker at Salzer Electronics in Coimbatore?

The average salary of a Tool Maker at Salzer Electronics in Coimbatore typically ranges from ₹1.9 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Tool Maker in Coimbatore at Salzer Electronics earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Tool Maker Salaries at Salzer Electronics 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 Salzer Electronics employees in India.

What is the estimated take home salary of a Tool Maker at Salzer Electronics in Coimbatore?

The estimated take-home salary of a Tool Maker at Salzer Electronics in Coimbatore typically ranges from ₹15,804 to ₹17,442 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 5 years to 10 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 Salzer Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Salzer Electronics for Tool Maker in India?

Excel Plast	₹1.8 Lakhs to ₹5.0 Lakhs per year
Manoj Engineering Works	₹2.8 Lakhs to ₹4.0 Lakhs per year
Watertec India	₹1.2 Lakhs to ₹4.3 Lakhs per year
G Plast	₹1.0 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Salzer Electronics, depending on the role and experience level.

What is the salary of a Tool Maker in companies similar to Salzer Electronics in Coimbatore?

The salary of a Tool Maker at companies similar to Salzer Electronics in Coimbatore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros

₹1.3 Lakhs to ₹3.1 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 Tool Maker at Salzer Electronics in Coimbatore?

The salary growth for a Tool Maker at Salzer Electronics in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Tool Maker in Coimbatore can expect the following growth trajectory at Salzer Electronics:

Experience	Average Salary Range
5 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
7 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
9 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Salzer Electronics Tool Maker Salaries in Coimbatore

Salzer Electronics Tool Maker salary in Coimbatore ranges between ₹1.9 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Salzer Electronics latest salaries received from various employees of Salzer Electronics.