Satelite Forging Gurgaon / Gurugram Tool Room Engineer Salaries by 3 Employees

2 - 5 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Tool Room Engineer Salary for 2 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Sales & Business Development Tool Room Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Satelite Forging for Tool Room Engineer in Gurgaon / Gurugram

Satelite Forging Tool Room Engineer Salary

2 - 5 years exp. (3 salaries)

₹1.2 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Motherson Molds And Diecasting Tool Room Engineer Salary 2 - 7 years exp. (18 salaries)	₹2 L/yr - ₹4.5 L/yr 43% more
Enco Engineers Combine Tool Room Engineer Salary 0 - 4 years exp. (17 salaries)	₹2 L/yr - ₹4.1 L/yr 40% more
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Machino Plastics Tool Room Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.4 L/yr - ₹4.5 L/yr 57% more
Samvardhana Motherson Group Tool Room Engineer Salary 2 - 8 years exp. (12 salaries)	₹2.2 L/yr - ₹5.3 L/yr 114% more
JPM Group Tool Room Engineer Salary 2 - 17 years exp. (10 salaries)	₹2 L/yr - ₹8 L/yr 133% more

Tool Room Engineer salary at Satelite Forging ranges between ₹1.2 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Satelite Forging.

Experience wise Satelite Forging Tool Room Engineer salaries in Gurgaon / Gurugram

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Satelite Forging

Mechanical Engineer Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Satelite Forging

Quality Inspector in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 13 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly.

Salary - Good

+5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step,

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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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Satelite Forging Tool Room Engineer Salary FAQs

How the salary growth look like for a Tool Room Engineer at Satelite Forging in Gurgaon / Gurugram?

The salary growth for a Tool Room Engineer at Satelite Forging in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer in Gurgaon / Gurugram can expect the following growth trajectory at Satelite Forging:

Experience	Average Salary Range
2 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Satelite Forging Tool Room Engineer Salaries in Gurgaon / Gurugram

Satelite Forging Tool Room Engineer salary in Gurgaon / Gurugram ranges between ₹1.2 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Satelite Forging latest salaries received from various employees of Satelite Forging.