SAVERA Group Tool Room Engineer Salaries by 4 Employees (Updated 2024)

2 - 4 years exp.

₹2.5 Lakhs - ₹3.1 Lakhs

Salary of majority employees

22% less than the average Tool Room Engineer Salary in Financial Services Companies for 2 - 4 years of experience

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Last Updated: 30 Apr 2023

Companies similar to SAVERA Group for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Tool Room Engineer Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 18% less
Larsen & Toubro Limited Tool Room Engineer Salary 0 - 5 years exp. (13 salaries)	₹2.1 L/yr - ₹2.5 L/yr 21% less
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Shaily Engineering Plastics Ltd Tool Room Engineer Salary 2 - 8 years exp. (52 salaries)	₹2.5 L/yr - ₹5.4 L/yr 33% more
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.5 L/yr 34% more
Renata Precision Components Tool Room Engineer Salary 1 - 6 years exp. (35 salaries)	₹2 L/yr - ₹4.7 L/yr 26% more

Tool Room Engineer salary at SAVERA Group ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of SAVERA Group.

Experience wise SAVERA Group Tool Room Engineer salaries

Last Updated: 30 Apr 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in SAVERA Group

Senior Engineer Salary

(3 salaries)

₹3 L/yr - ₹4.1 L/yr

Quality Engineer Salary

(7 salaries)

₹2 L/yr - ₹3.05 L/yr

Tool Room Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Design Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹3 L/yr

Supervisor Salary

(3 salaries)

₹2.5 L/yr - ₹2.9 L/yr

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SAVERA Group Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at SAVERA Group?

Tool Room Engineer salary at SAVERA Group in India ranges between ₹2.5 Lakhs to ₹3.1 Lakhs for experience between 2 years to 4 years. According to our estimates it is 22% less than the average Tool Room Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SAVERA Group India.

How does the salary of a Tool Room Engineer at SAVERA Group India compare with the average salary range for this job?

The average salary of a Tool Room Engineer at SAVERA Group is 22% less than the average salary of a Tool Room Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SAVERA Group to a Tool Room Engineer in India?

Motherson Automotive Technologies and Engineering Tool Room Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
Shaily Engineering Plastics Ltd Tool Room Engineer Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
Renata Precision Components Tool Room Engineer Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year

What is the salary of a Tool Room Engineer in companies similar to SAVERA Group in India?

Mahindra & Mahindra Tool Room Engineer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Larsen & Toubro Limited Tool Room Engineer Salary - ₹2.1 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Tool Room Engineer at SAVERA Group in India?

The estimated take-home salary of a Tool Room Engineer at SAVERA Group ranges between ₹19,892 per month to ₹21,556 per month in India. The take-home salary calculation is based on the average SAVERA Group Tool Room Engineer salary in India which ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Tool Room Engineer at SAVERA Group?

According to AmbitionBox, 100% of the SAVERA Group Tool Room Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SAVERA Group Tool Room Engineer Salaries

SAVERA Group Tool Room Engineer salary in India ranges between ₹2.5 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SAVERA Group latest salaries received from various employees of SAVERA Group.